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 …

Parties must close gap with reality in talks on nuclear power

Any discussion on nuclear power policy should be based on reality. In their Upper House election campaign platforms, the ruling Liberal Democratic Party and its junior coalition partner, Komeito, say they will allow more restarts of nuclear reactors in line with the government’s Basic Energy Plan. The plan defines nuclear energy as a mainstay source …

Kazatomprom JSC welcomes Trump’s refusal from restrictions on uranium import

JSC National Atomic Company “Kazatomprom” on July 15 issued a statement following the President of the United States’ decision to leave the current U.S. uranium market unchanged. “We welcome President Trump’s decision to decline the pursuit of restrictive trade actions on imports of uranium,” said Galymzhan Pirmatov, Kazatomprom’s Chief Executive Officer. “Kazatomprom reiterates its long-held …

Why The World Needs More Nuclear Power

Nuclear: By the Numbers In 2018, the world produced 2,701 terawatt-hours (TWh) of nuclear power. This represents a slight decline over the past decade, but that’s somewhat misleading. Global nuclear power production dropped by 10% from 2010 t0 2012, a consequence of the 2011 Fukushima Daiichi nuclear disaster in Japan. But global nuclear power generation has …

EFR.T Commends President Trump on his Decision to Reinvigorate the Nuclear Fuel Supply Chain and Looks Forward to Working with the Trump Administration to Support the U.S. Uranium Mining Industry; First Land Cleanup Contract Signed

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the largest uranium producer in the U.S., is pleased to announce that our petition, filed jointly with Ur-Energy Inc. under Section 232 of the Trade Expansion Act of 1962, has been very successful. It has demonstrated the national security risks to the …

UEC Comments on the Presidential Memoranda Issued on Uranium and Establishment of the U.S. Nuclear Fuel Working Group

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to provide comments on President Trump’s “Memorandum on the Effect of Uranium Imports on National Security” which was issued after the market close on July 12, 2019. UEC Chairman and former U.S. Energy Secretary, Spencer Abraham commented: “The Trump Administration is to be …

T.AZZ Comments on President Trump’s New Working Group Focused on Reviving And Expanding U.S. Nuclear Fuel Production

AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) understands that President Trump has established the United States Nuclear Fuel Working Group (the “Working Group”) to develop recommendations for reviving and expanding domestic nuclear fuel production. Further to the Company’s press release dated 17 April 2019, on 12 July 2019, …

President Trump takes no action at this time to adjust uranium imports to the US. Establishes US Nuclear Fuel Working Group

Ur-Energy Inc. has learned that President Donald Trump issued a memorandum on July 12, 2019, in response to the uranium Section 232 investigation completed by the Department of Commerce. (See also Ur-Energy News Release July 13, 2019) The President’s Memorandum states that the Secretary of Commerce found that “…uranium is being imported in such quantities …

Memorandum on the Effect of Uranium Imports on the National Security and Establishment of the United States Nuclear Fuel Working Group

  MEMORANDUM FOR THE SECRETARY OF STATE THE SECRETARY OF THE TREASURY THE SECRETARY OF DEFENSE THE SECRETARY OF THE INTERIOR THE SECRETARY OF COMMERCE THE SECRETARY OF ENERGY THE DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET THE ASSISTANT TO THE PRESIDENT FOR NATIONAL SECURITY AFFAIRS THE ASSISTANT TO THE PRESIDENT FOR ECONOMIC POLICY …