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 …

AtkinsRéalis introduces 1,000 MW CANDU® MONARK™ Reactor; Nuclear Power for a Net Zero, Energy Independent Future

A CANDU Reactor at Qinshan in China. AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, today introduced the latest reactor design—the CANDU® MONARK™ reactor—at the World Nuclear Exhibition in Paris. The most advanced reactor design available from AtkinsRéalis, with the highest output of any …

AtkinsRéalis-led consortium signs $750M contract supporting Romanian CANDU reactor life extension

Candu Energy Inc., an AtkinsRéalis company [SNC-Lavalin Group Inc.] (TSX: ATRL) and the Canadian Commercial Corporation (“CCC”), a federal Crown corporation, have signed a contract with Nuclearelectrica S.A. (SNN) to provide engineering, technology and procurement of tooling and reactor components in support of the life extension of SNN’s Unit 1 CANDU® reactor at the Cernavoda …

V.PTU Announces Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) announced a non-brokered private placement (the “Offering”) of up to 47,619,048 flow-through units (the “Flow-Through Units”) at a price of $0.0525 per unit for aggregate gross proceeds up to $2,500,000.  Each Flow-Through Unit consists of one common share of the Company to be issued …

Second large Polish nuclear plant gets approval

Poland’s Ministry of Climate and Environment has issued a decision-in-principle for the country’s second large nuclear power plant. Two South Korean-supplied APR1400 reactors are planned in the Patnów-Konin region. PGE PAK Energia Jądrowa submitted an application for the plant to the ministry in August this year. The application included a description of project characteristics, indicating …

Chinese long-distance nuclear heating project begins operation

China’s first project to bring nuclear-generated heat to multiple prefecture-level cities has begun operation in Shandong province, supplying heat from the Haiyang nuclear power plant to the cities of Haiyang and Rushan through a 23 km pipeline. The project is the third phase of a commercial heating project called Warm Nuclear No 1 operated by …

Uranium Market Outlook 2024

November 22, 2023 | (26 mins 00 secs) Per Jander and James Connor discuss the uranium market, highlighting the catalysts for sharp increases in uranium prices in 2023, including increased utility and producer activity, production shortfalls from major players like Cameco and Orano, and geopolitical uncertainties affecting supply. Per Jander expresses optimism for the uranium market, …

MEPs fully include nuclear in Net-Zero Industry Act

The European Parliament has adopted its position on the proposed Net-Zero Industry Act (NZIA), which is intended to bolster Europe’s manufacturing output in technologies needed for decarbonisation. MEPs included nuclear fission and fusion among a list of 17 technologies covered by the legislation. Europe largely imports these decarbonisation technologies, and many non-EU countries have stepped …