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 …

Northeastern China’s first nuclear power plant becomes fully operational

After 168 hours of test operation, Unit 6 of the Hongyanhe nuclear power plant, in Northeast China’s Liaoning Province, received the qualification for commercial operation, marking an important milestone with all the six units of the first nuclear power plant in the northeast of the country is fully operational, according to media reports. Starting construction …

Nuclear energy can enhance energy security and address environmental goals

The world faces two major energy challenges today: achieving decarbonisation goals and ensuring that every citizen and every business across the globe has equitable opportunity to have 24/7 access to dependable and affordable energy. The combination of an increasingly urgent climate crisis and volatile energy prices has highlighted the key strengths of nuclear technologies. Nuclear …

T.GLO Announces Results of Annual Meeting

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (Frankfurt: G12) (OTCQX: GLATF) today announced shareholder voting results from the Annual General & Special Meeting of Shareholders held June 23, 2022. Directors were elected to the Board as per the voting results in the table below: Director Nominee  For %  Withheld % Tracey J. Arlaud 59,482,315 …

Denison Announces Execution of Agreements with Kineepik Métis Local #9

 Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into a Participation and Funding Agreement (the “Participation Agreement”) with Kineepik Métis Local #9 (“KML”), which expresses Denison’s and KML’s mutual commitment to the co-development of an agreement supporting the advancement of the in-situ recovery (“ISR”) uranium …

The last nuclear plant in California – and the unexpected quest to save it

The Diablo Canyon nuclear plant, on the edge of the Pacific ocean, was due to close in three years. Photograph: Mark Ralston/AFP/Getty Images The Diablo Canyon facility, which provides 9% of the state’s energy, was due to shutter in 2025, but the state’s energy crunch could save it. California’s last nuclear plant was nearing the end …

Welsh Government backed company sets out plans for new nuclear power plant at Trawsfynydd

A development company backed by the Welsh Government says it is embarking on a programme to bring small modular reactor (SMR) technology to the site of the decommissioned nuclear power plant at Trawsfynydd. Cwmni Egino is wholly owned by the Welsh Government and was established last year to develop a new reactor at the Trawsfynydd …

PJM capacity prices fall 32% with more nuclear, solar capacity clearing in the latest auction

Capacity prices across most of the PJM Interconnection fell 32% to a 10-year low of $34.13/MW-day from $50/MW-day in the previous auction, possibly reflecting recent rule changes, the grid operator said Tuesday. PJM bought 144,871 MW of capacity for the capacity year that starts June 1, 2023, for $2.2 billion, down from $4 billion in the last …

T.UEX Closes C$5.0 Million Private Placement With Uranium Energy Corp.

UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the completion of its $5 million private placement (the “Private Placement”) with Uranium Energy Corp. (“UEC”) previously announced on June 13, 2022. The Private Placement consisted of a total of 11,627,907 common shares of the Company (“Common Shares”) issued to UEC at a price of …

Energoatom, Westinghouse discuss construction of new nuclear power units in Ukraine

Ukraine’s National Nuclear Energy Generating Company Energoatom and U.S.-based Westinghouse have discussed bilateral cooperation, including the preparation of regulatory documentation for the construction of new nuclear power units using AP1000 technology in Ukraine. According to Ukrinform, the press service of the Ukrainian company said this in a statement posted to messaging app Telegram. According to the …

T.NXE Announces Submission of the Rook I Project Environmental Impact Statement

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce a major milestone in the advancement of regulatory approvals for the 100% owned Rook I Project (“Rook I” or the “Project”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“ENV”) and the …