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 …

Construction starts on Xudabao 2

The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …

T.GLO Announces the Credit Committee Meeting to Review the Dasa Funding Opportunity Has Been Postponed

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) reports that the presentation of the debt financing facility to the Credit Committee of a U.S. Development Bank has been postponed to August.  The Bank decided not to bring this project to the Credit Committee in July, citing a need to …

V.GXU Uranium Letter to Stakeholders

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company”) today provides a letter to stakeholders from the Executive Chairman, Govind Friedland. Dear Stakeholders, Nearly two weeks ago, our Company was informed by the Government of the Republic of Niger that it no longer has rights over the perimeter of the mining permit for our …

Experts estimate central Jordan holds 41,000 tons of Yellowcake uranium

Experts estimate that central Jordan holds approximately 41,000 tons of yellowcake uranium, according to Dr. Khaled Al-Khasawneh, Commissioner of Nuclear Power Reactors at the Jordan Atomic Energy Commission (JAEC). The announcement was made during a lecture organized by the Ministry of Energy and Mineral Resources in partnership with the JAEC. The session focused on the …

Russia Ahead in Bid to Build Turkey’s Next Nuclear Power Plant

Rosatom ‘ahead’ amid talks for new plant, Turkey minister says Ankara is also talking with China and US on nuclear projects Russia’s state-owned Rosatom Corp. is “ahead” in a bid to build Turkey’s second nuclear power plant, in the latest sign of Ankara’s growing energy ties with Moscow. Rosatom already has experience in Turkey’s nuclear sector, starting commissioning work …

Kazakhstan should consider at least three sites where it can build NPPs – Energy Minister

The Minister of Energy of the Republic of Kazakhstan, Almassadam Satkaliyev, believes it is necessary to prepare at least three sites for the construction of new nuclear power plants (NPPs) in the country in order to ensure a reliable and expandable energy supply in the future, Kazinform News Agency reports. “The discussion is not yet …

Uranium production in Uzbekistan increased by 12 percent in the first half-year

Uzbekistan’s Uranium production has increased by 12 percent in the first six months of this year, according to the press service of the state-owned enterprise “Navoiyuran” of Uzbekistan, the country’s sole enterprise for uranium mining. According to its website, the enterprise’s uranium production increased by 112 percent compared to the same period last year. In …

China’s largest natural uranium production project starts construction

China’s largest natural uranium production project started construction on Friday in Ordos in the Inner Mongolia Autonomous Region, according to China Atomic Energy Authority (CAEA). Part of CAEA’s nuclear industry development plan, the project is being developed by China National Nuclear Corporation. It will become a natural uranium production base with the highest standards, featuring …

Serbia moves to create a nuclear power industry

The announcement was made on Wednesday. From left: physics professor Koviljka Stankovic; Prime Minister Milos Vucevic; and Energy Minister Dubravka Djedovic Handanovic (Serbian Government/Slobodan Miljevic) Five Serbian ministries and 20 companies and universities have signed a memorandum of understanding to begin work on a civil nuclear power programme. Prime Minister Milos Vucevic said at a press conference …