EXCLUSIVE TO SIGHTLINE U3O8: The development of a deposit does not necessarily lead to a commercially viable project and opening a new uranium mine is not a simple or fast process. It takes a lot of time and effort. In fact, it can take a decade or longer to go from discovery to extraction. As …
U.S. nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The U.S. Department of Commerce launched a “Section 232” investigation into uranium imports …
Today, the Texas uranium mining industry is virtually silent. Indeed, across the U.S., this once-thriving industry now supplies only a small fraction of our domestic nuclear energy and defense requirements, threatening our energy independence and national security. Along with many others, the U.S. Department of Commerce, or DOC, is now asking, why? As the world’s …
Canada’s Cameco is soliciting bids from uranium producers and trading companies to supply 500,000 lb of uranium between the end of this year through March 21, 2019, with a requirement that the material not be of Russian origin, market sources said last Thursday. The solicitation, made Tuesday, sets August 31 as the deadline for potential …
Do you know that one uranium fuel pellet – about the size of your fingernail – produces the same amount of energy as 17 Mcf of natural gas, 149 bo, or 0.81 metric tons of coal? – Anonymous Nuclear Power Generation According to International Atomic Energy Agency (IAEA), there are a total of 451 nuclear …
U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …
Cameco Corp. (TSX:CCO)(NYSE:CCJ) has struggled over the years, but it looks as though the stock is finally gaining some steam. Over the past three years, its share price has dropped more than 26%, but year-to-date the stock has risen more than 18%. Low uranium prices have made life difficult for Cameco and forced the company …
EXCLUSIVE TO SIGHTLINEU3O8 – In response to numerous requests, we are pleased to launch a new section of research focused on those public companies operating in the uranium supply space. UComparables will provide metrics and data gathered across the entire spectrum of uranium exploration companies and uranium development companies. Who is Included For the …
EXCLUSIVE TO SIGHTLINEU3O8 – For the uranium investor that was long in February and March of this year, the sudden uranium equity price drops and general volatility may have been surprising. With price drops of almost 30% in some equities, uranium investors were undoubtedly taken by surprise. The February/March drop was largely caused by changes …