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 …
Cameco Corporation and Orano Canada Inc. have signed a landmark 15-year agreement, worth approximately $500 million with Rise Air, an Indigenous-owned airline, to provide workforce transportation services for northern Saskatchewan operations. This long-term partnership represents the most significant commitment to date between the companies, building on a relationship that began in 1993 with Orano (then …
With tightening margins between demand and global mine supply, these latest announcements are likely to impact market sentiment and push the spot price higher. Shares of Cameco (TSX:CCO,NYSE:CCJ) were on the rise after the uranium major announced it is reducing its annual production guidance due to expansion delays at the McArthur mine in Saskatchewan, Canada. Instead of the projected …
Russia has dangled the possibility of building a nuclear power plant in uranium-rich Niger – a vast, arid state on the edge of the Sahara desert that has to import most of its electricity. It may be deemed impractical and may never happen, but the concept is yet another move by Moscow to seek a …
RK-25-254 and RK-25-256 (both intersecting 2.0 and 2.1 m of off-scale (>61,000 cps)) are located 51 m and 119 m away from RK-25-232 (15 m at 15.9% U3O8). Results highlight the repetition of upgrading high-grade shoots within growing mineralized footprint. The following new holes intersected broad intercepts of cumulative mineralization (>500cps): RK-25-246: 20.5m including 2.5m …
Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (“Paladin” or the “Company”) provides an update on the Patterson Lake South (PLS) Project following a detailed technical review, including capital and operating costs, as part of the ongoing Front-End Engineering and Design (FEED) work (the “Engineering Review”). The PLS Project hosts Triple R, a shallow, undeveloped high-quality uranium deposit located …
Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) advises that it has released its 2025 Annual Report (including its Financial Report for the year ended 30 June 2025) and management discussion and analysis (MD&A) for Paladin Energy Ltd and its controlled entities for the three and twelve month periods ended 30 June 2025 (FY2025 Financial Results). …
Cameco (TSX: CCO; NYSE: CCJ) provided an operational update today regarding its 2025 production plans. Development delays in transitioning the McArthur River mine to new mining areas are expected to defer the extraction of pounds planned in 2025 and therefore impact our 2025 production forecast. However, strong performance at the Cigar Lake mine provides an opportunity …
The Sprott Physical Uranium Trust’s (TSX: U.U for USD; U.UN for CAD) holdings now total about 68.6 million lb. of uranium after it bought 50,000 lb. of the energy metal this week in another bet on the resurgence of nuclear energy. That buy brings its total third quarter purchases to 1.2 million lb. of uranium oxide (U3O8), …
A Japanese high court on Wednesday upheld a lower court ruling rejecting a call by residents to invalidate the approval given for the operation of two nuclear reactors in Kagoshima Prefecture in southwestern Japan. The Fukuoka High Court ruling on the Nos. 1 and 2 units at Kyushu Electric Power Co.’s Sendai nuclear power plant …
Eniya Listiani Dewi State electricity company PT PLN has revealed that Indonesia is set to build nuclear power plants (NPP) with a total capacity of up to 7 gigawatts (GW) by 2040 as stipulated in the draft of the country’s long-term power supply roadmap (RUPTL). “This is still a draft, so the modeling is still …