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 …

Uranium Royalty Corp Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

Vancouver, British Columbia, Canada, October 19, 2021  –  Uranium Royalty Corp. (NASDAQ: UROY, TSX-V: URC) (“URC” or the “Company“) announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U3O8 at an average cost of US$45.00 per pound U3O8. Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage …

Kazatomprom Announces Investment in Physical Uranium Fund

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) is pleased to announce that its Board of Directors has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd. (“ANU Energy” or “the Fund”), established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term …

UK to fund new nuclear power station as part of net zero drive

The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …

Delta Drone International enters Niger with virtual 3D model baseline survey for V.GXU

Delta Drone International (ASX:DLT) is set to enter the Niger market for the first time with uranium explorer and developer, GoviEx Uranium, to perform a virtual 3D model baseline survey for its potential new Madaouela mine in the West African country. The baseline survey will be one of the first times Delta Drone International uses its advanced …

T.CCO and Terrestrial Energy to Examine Partnerships for Deploying IMSR Generation IV NPPs

Cameco and Terrestrial Energy to Examine Partnerships for Deploying IMSR Generation IV Nuclear Power Plants Cameco (TSX: CCO; NYSE: CCJ) and Terrestrial Energy, both leading Canadian companies in their fields, have signed a Memorandum of Understanding (MOU) to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) Generation IV nuclear power plants …

OPG advances new nuclear at Darlington

Clarington, ON – The Canadian Nuclear Safety Commission has announced its decision to renew Ontario Power Generation’s (OPG’s) existing Site Preparation Licence for the Darlington New Nuclear Project. “OPG has the experience and expertise to lead the way on this next generation of clean energy, and we look forward to having an SMR in place in …

Korea Hydro & Nuclear Power Co., Ltd. (Khnp) Announces Cost Effective and Timely Nuclear Construction Progress

Korea Hydro & Nuclear Power Co., Ltd. (KHNP) has completed loading nuclear fuel assemblies into the Shin-Hanul Unit 1 reactor in South Korea. KHNP obtained permission to load fuel from South Korea’s Nuclear Safety & Security Commission (NSSC) on July 9, 2021. After loading of 241 fuel assemblies into the reactor, KHNP is conducting reactor …

Energy crisis sparks divide in Europe over nuclear power

The ongoing energy crisis has spurred division between France and Germany over expanding nuclear power. As energy prices continue to surge and shortages place energy infrastructure under increasing pressure, France is considering a new tack to shore up its energy mix. Per The Financial Times, President Emmanuel Macron is expected to soon approve the development of six small modular …