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 …
Canada’s year-long standoff with the Trump administration over punitive U.S. steel and aluminum tariffs is finally over, removing a key hurdle in efforts to ratify the new North American trade pact. Global Affairs Canada says the tariffs will be removed within two days. Canada has also agreed to drop all of its retaliatory measures and …
Mining, production, shipments, and sales U.S. uranium mines produced 0.7 million pounds of triuranium octoxide (U3O8), or uranium concentrate [1], in 2018, 37% less than in 2017. The production of uranium concentrate is the first step in the nuclear fuel production process, preceding the conversion of U3O8 into UF6, to enable uranium enrichment, then fuel pellet …
Vice President of India M. Venkaiah Naidu said on Thursday that nuclear electricity as a reliable and safe energy option can significantly reduce greenhouse gas emissions and that it has the potential to meet the ever-increasing energy demand in the country. Addressing the scientists and staff of the Atomic Minerals Directorate for Exploration and Research (AMD) here …
An International Atomic Energy Agency (IAEA) team of experts completed a review of long term operational safety at the Qinshan Nuclear Power Plant (NPP) Unit 1 in China on 10 May. The SALTO (Safety Aspects of Long Term Operation) follow-up review mission was requested by the plant’s operator, Nuclear Power Operations Management Co (CNNO), a …
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and …
The Russian state corporation Rosatom and the Ministry of Energy of Uzbekistan have signed a road map for the implementation of the second phase of construction of a nuclear power plant (NPP) in Uzbekistan. The Energy Minister of Uzbekistan Alisher Sultanov and Director General of Rosatom Alexey Likhachev signed the document within the framework of …
Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the launch of the Horizons Global Uranium Index ETF (“HURA”). Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker symbol HURA. HURA is the first ETF in Canada to provide direct exposure to the global Uranium sector – a …
A number of scientists and other professionals who assembled at an international summit in France on May 13, 2019, have pushed for nuclear energy, arguing it would help mitigate climate change. The scientists had gathered at the International Congress on Advances in Nuclear Power Plants (ICAPP) in Juan-les-Pins, France, to sign a declaration. There were forty …
Chinese and Russian nuclear companies will sign a deal worth more than $1.7 billion for the No.3 and No.4 reactors at the Xudapu Nuclear Plant using Russian technology, accelerating Sino-Russian cooperation on nuclear energy. Construction of two reactors at the Xudapu Nuclear Plant in Huludao, Northeast China’s Liaoning Province, is scheduled to start in October …
Poland is laying the groundwork for constructing a nuclear power plant in Pomerania, Energy Minister Krzysztof Tchórzewski told Polish Radio on Tuesday. According to him, a nuclear power plant’s investment cycle lasts about 10 years, but before that, there should be preparatory works that may take a few years. Hovever, much had already been done, …