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 …
As part of India’s strategy to expand its footprint in Africa, the National Democratic Alliance (NDA) government is exploring supply of small nuclear power reactors to the electricity-starved countries. Interestingly, India’s civilian nuclear power programme has caught the fancy of African countries because climate change has impacted their conventional hydropower generation capacity, which was primarily …
The United States is ending a sanctions waiver for civil-nuclear work at a site where Iran recently announced it was enriching uranium, Secretary of State Mike Pompeo announced Monday. “The United States will terminate the sanctions waiver related to the nuclear facility at Fordow effective Dec. 15, 2019,” Pompeo told reporters at the State Department. “The …
India will renew its pact with Kazakhstan for supply of uranium from 2020 to 2024, the ambassador of the central Asian country said on Monday. Kazakhstan has so far supplied a total of 9,000 tonnes of uranium, and another 1,000 tonne is yet to be delivered under two five-year contract periods that end this year. …
China’s first commercial nuclear heating project has begun operating at the Haiyang nuclear power plant in Shandong province. The plant’s two AP1000 units will initially provide heating to 700,000 square metres of housing. Shandong Nuclear Power Company (SDNPC) – a subsidiary of State Power Investment Corporation (SPIC) and the owner of Haiyang plant – announced …
The Czech Republic approved the construction of the Dukovany II nuclear power plant, and has set a target date for completion of 2036. According to the Czech parliamentary committee for the construction of new nuclear resources, this is an important step to maintain the self-sufficiency of the country. The committee claims that by 2040, renewable …
Germany’s parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.” The …
The estimated cost of safety measures at nuclear power plants across Japan has increased fivefold over the past six years to just over 5.38 trillion yen, a Mainichi Shimbun survey has shown. Eleven power producers spent the funds to implement stiffened safety standards at 15 nuclear power plants, including those currently under construction, according to …
President Donald Trump’s pick to run the Energy Department, Dan Brouillette, will face questions at his U.S. Senate confirmation hearing on Thursday on issues including the future of coal and nuclear power. Brouillette, 57, a former lobbyist at Ford Motor Co and Louisiana state energy regulator, would replace Rick Perry, who has said he is …
The UK government is considering the Regulated Asset Base model for financing new nuclear projects. With the model allowing for revenues to be released during construction, could this model – already proven in other large infrastructure projects – break the impasse that has kept UK nuclear on the back foot in recent years? Chris Lo …
The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan The Next Decade of Growth / 2020-2030, including their support of a globally competitive mining sector. “The mining sector continues to be a primary engine of growth for the Saskatchewan economy. By providing a stable framework for growth of the mining sector, Saskatchewan communities, residents and …