UComps: Project Generation Capability for Uranium Explorers

EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration.  A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …

UComps: Uranium Developers’ Stage

EXCLUSIVE TO SIGHTLINE U3O8 –This month’s UComparables edition will focus on the Uranium Developers and the simple metrics of their key project’s stage of development – specifically, resource size, grade and mining method. As stated in the past, it is not our intention to provide analysis or opinion as to the investment potential of these …

Keeping Score of Canada’s Infamous Uranium Reservoir – The Athabasca Basin

EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …

Uranium Underfeeding: Big Price Factor? (Part 1)

EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …

V.SYH Partner Company Terra Clean Energy Signs Exploration Agreement with the English River First Nation and Receives Drilling Permits for the South Falcon East Uranium Project

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that partner company Terra Clean Energy Corp. (“Terra”, previously Tisdale Clean Energy) has announced the execution of an Exploration Agreement with the English River First Nation. This agreement strengthens their relationship and allows for access to the ancestral lands of The English River First …

Malaysia readies itself for nuclear power after 2035

Malaysia is readying itself for the likely use of nuclear energy after 2035 as it struggles to meet renewable energy and net-zero carbon emission targets. The Straits Times has learnt that Malaysia’s Cabinet, after discussing in late November a nuclear road map proposed by the National Energy Council (MTN), decided that nuclear is “one of the options of electrical power …

T.GLO Finalizes Off-take Agreement with European Utility

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic.  Based …

V.SYH Announces Closing of Private Placement for Gross Proceeds of C$10 Million

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has closed the brokered private placement previously announced by the Company on December 2, 2024, as upsized on December 3, 2024 (the “Brokered Offering”), and has additionally closed a concurrent non-brokered private placement (the “Non-Brokered Offering”, and together with the Brokered Offering, …

Orano Initiates Arbitration Against the State of Niger Following the Withdrawal of IMOURAREN’s Mining License

Orano has opened international arbitration proceedings against the State of Niger following the withdrawal of its mining license for IMOURAREN, dated 19 June 2024. This move comes after several months of unsuccessful attempts at mediation and conciliation. The announcement of the withdrawal of the license took place when Orano presented the State of Niger with …

India aims to increase its nuclear power production to 22,480MW by 2032

Centre advises states where coal-based power plants have reached the end of operational life to consider setting up nuclear plants India aims to triple its installed nuclear power capacity by 2031-32. The current installed nuclear power capacity of 8,180MW is projected to increase to 22,480MW within this timeframe. The country currently operates 24 nuclear power …

Paladin Energy receives ICA clearance for T.FCU acquisition

Paladin Energy has received final clearance under the Investment Canada Act (ICA) for its acquisition of Fission Uranium. This clearance represents the last regulatory step needed to complete the court-approved arrangement under the Canada Business Corporation Act. The acquisition is expected to close by early January 2025, subject to customary closing conditions. Paladin Energy announced …

V.ISO and V.PTU Complete Joint Venture

IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the successful implementation of their previously announced joint venture (the “Joint Venture”) (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic collaboration strengthens both companies’ efforts to advance …

Rosatom Exits Key Uranium Ventures in Kazakhstan Amid Strategic Shifts

Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint …