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 …
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 …
EXCLUSIVE TO SIGHTLINE U3O8 – When engaging with various members of sightlineu3o8.com, we are often asked about the models we use to predict long-term and spot U3O8 prices. With uranium prices at all time lows and suppliers implementing production cuts to incentivize prices back up, regular readers are anxious to integrate our forecasts into their …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
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 …
EXCLUSIVE TO SIGHTLINE U3O8 – With major uranium producers committing to supply cuts in response to record low U3O8 prices, the industry is poised for a strong price trend reversal. As producers take steps to drive U3O8 prices upward, examining the demand side of the U equation becomes critical. Many headlines would suggest that Uranium …
EXCLUSIVE TO SIGHTLINE U3O8 – As discussed last month in Part 1, many analysts will cite uranium underfeeding (enrichment of tail assays) and subsequent sale of low-enriched uranium (LEU) on the spot market as one of the key drivers behind the fall of U3O8 prices. Lower demand drove enrichers to increase underfeeding to prop up …
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 …
The No. 2 reactor at the Onagawa nuclear power plant in Miyagi Prefecture, foreground, right, which resumed operations on Oct. 29 (Masaaki Kobayashi) Nuclear power accounted for 8.5 percent of Japan’s total electricity generation in fiscal 2023, the highest level since 2012, the industry ministry said. The ratio rose by 2.9 percentage points from …
Draft rules proposed by the European Commission propose postponing until 1 July 2028 a decision on whether nuclear energy-derived hydrogen can be eligible for the ‘low-carbon’ label. Nuclear energy advocates are pushing for the European Commission to label nuclear-derived hydrogen as ‘low-carbon’, but several industry sources told Euractiv that would prefer the decision is brought …
The Romanian government said it approved the country’s new energy strategy for the period 2025-2035, with a long-term outlook to 2050, thereby committing to resuming the production of uranium for generation of nuclear energy. Source: code83, pixabay.com The new energy strategy outlines key objectives to ensure energy security, sustainability, and accessibility while aligning with the …
Kenya has shortlisted two coastal locations for the plant, which it hopes to bring online by 2034. Kenya is on track to start construction on its first nuclear power plant by 2027, with electricity generation to begin by 2034, officials from the Nuclear Power and Energy Agency (NuPEA) said at a parliamentary hearing last week. …
IsoEnergy Ltd. (“IsoEnergy”) (TSX: ISO; OTCQX: ISENF) is pleased to announce that independent proxy advisory firm Institutional Shareholder Services Inc. (“ISS”) has recommended IsoEnergy shareholders (“Shareholders”) vote “FOR” the ordinary resolution (the “Share Issuance Resolution”) to approve the share issuance in connection with the previously announced arrangement (the “Arrangement”) involving the Company and Anfield Energy Corp. …
Slovakia is planning to launch a tender for a new nuclear power unit by mid-2025, with the supplier selection in 2027. Aiming for an operational start by 2040, the project hopes to boost the country’s nuclear capacity, aiding carbon-free energy production alongside European neighbors. Slovakia is set to increase its nuclear power capacity by launching …
Egyptian Prime Minister Mostafa Madbouly said that Egypt seeks to complete the first stage of the construction of El-Dabaa Nuclear Power Plant, built by Russia’s State Atomic Energy Corporation Rosatom, as scheduled due to the project’s strategic importance. Egyptian Prime Minister Mostafa Madbouly said that Egypt seeks to complete the first stage of the construction …
Australian mining company Paladin Energy’s proposed acquisition of Canadian mining company Fission Uranium has been postponed due to the extension of the national security review period in Canada until 30 December 2024. The review, conducted by the Minister of Innovation, Science and Industry under the Investment Canada Act, was expected to close in the September …
Orban government signed €12.5 billion Rosatom deal in 2014 Paks nuclear plant expansion has faced delays over past decade Hungary is moving toward allowing an increase in the cost of a contract with Russia to expand its sole nuclear power station a decade after the deal was signed. The European Union nation agreed to a €12.5 …
FISSION URANIUM CORP . (TSX: FCU) (OTCQX: FCUUF) (” Fission ” or the ” Company “) announces that it has received a notice from the Minister of Innovation, Science and Industry (the ” Minister “) extending the national security review period until December 30, 2024 of the previously announced plan of arrangement (the ” Arrangement “) with Paladin Energy Limited (” Paladin “) under section 25.3 of the Investment Canada …
