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 …

Hot testing of Tianwan 6 begins

Tests that simulate the temperatures and pressures which the reactor systems will be subjected to during normal operation have started at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021.   Hot functional testing of Tianwan 6 began …

Construction work resumes on Khmelnitsky units

The preparatory stage of the project to complete units 3 and 4 of the Khmelnitsky nuclear power plant in Ukraine has been completed and construction work has resumed, Piotr Kotin, acting president of Energoatom, announced last week. The project is part of a Ukrainian presidential decree of 22 September. According to preliminary conclusions, the condition …

Design updates, financial shakeup prompt utilities to rethink structure of NuScale’s $6.1B SMR project

A number of western municipal utilities are trying to avoid getting locked into a first-of-a-kind nuclear project if its costs continue to go up. The members of Utah Associated Municipal Power Systems (UAMPS) are in talks to potentially transform the structure of what would be the first commercial-scale small modular nuclear reactor facility in the …

T.AZZ Receives Final EPA Permits for Flagship Dewey Burdock Project; Another Substantial Milestone Achieved

AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) is pleased to announce that the United States Environmental Protection Agency (the “EPA”) has issued the final permits for the Company’s Class III and Class V Underground Injection Control activities (the “EPA Permits”) at its primary development project, the Dewey Burdock …

India, US extend nuclear energy partnership by another decade

Call for actions to address continuing and evolving nuclear security challenges India and the US have extended the memorandum of understanding for cooperation on nuclear energy by another decade. This was announced in a joint statement issued to mark 10 years of cooperation of the Global Centre for Nuclear Energy Partnership (GCNEP) between the two …

SA takes another step towards new nuclear power

The National Energy Regulator of South Africa has invited comment on government’s plans to add 2,500MW in nuclear power to SA’s electricity mix. Currently, Koeberg is only supplying 1,940MW. A number of parties are interesting in building the nuclear station. On Monday, the National Energy Regulator of South Africa (Nersa) invited comment on government’s plans to add …

Japan’s Energy Supply and Demand in Fiscal 2019 Shows CO2 Emissions Down for Sixth Year in a Row

On November 18, the Agency for Natural Resources & Energy (ANRE), under the Ministry of Economy, Trade and Industry (METI), announced results for Japan’s energy supply and demand in fiscal 2019 (preliminary report), which ended on March 31, 2020. Final energy consumption was 12,959 petajoules (PJ), down 2.0 percent from the previous year. The total …