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 …
The Nuclear Regulatory Commission approved a construction permit for the Tennessee Valley Authority to build a small modular nuclear reactor at its Clinch River site in Oak Ridge, Tennessee, clearing the way for the nation’s first commercial small modular reactor and completing the NRC’s review in 14 months. This is the agency’s second major reactor …
The Government of Saskatchewan is advancing nuclear power as a central component of the province’s commitment to long-term energy security and economic growth, releasing Delivering Energy Security Through Nuclear Power. The document supplements the Saskatchewan First Energy Security Strategy and Supply Plan and outlines the province’s next steps toward a nuclear future. This plan establishes a …
Atomic Eagle will reassess Madaouela for a larger operation than the 2.67 million pounds a year envisioned in the 2022 feasibility study. Uranium contract prices have climbed from the $55-per-pound benchmark used in the previous mine plan to $96.50 at the end of August 2026. Niger now owns 40% of the project, but must fund part of …
Transformational Year Establishing UEC as a Multi-Mine U.S. Uranium Producer Fourth Quarter Production Up More Than 150% with Significantly Improved Economies of Scale Unhedged Sales Strategy Delivered Peer Leading Realized Price of $93.13 per Pound $753 Million in Liquid Assets(1) and No Debt Advancing the Largest Uranium Resource Base in the U.S. Building America’s Only Vertically …
A US nuclear reactor that stopped generating power in 2019 has passed an environmental review tied to its proposed restart. The Christopher Crane Clean Energy Center in Pennsylvania, formerly known as Three Mile Island unit 1, could return 835 MW of power to the grid in 2027. The Nuclear Regulatory Commission (NRC) and the Department …
Saskatchewan’s future power generation will include nuclear energy, with an announcement on plans and the location of potential reactors expected Tuesday afternoon. Speaking to reporters at the Oil and Gas Show in Lloydminster on Sept. 17, Premier Scott Moe confirmed the province is considering potential nuclear power sites along the North Saskatchewan River. The …
First concrete was poured for the nuclear island of Bailong Nuclear Power Plant’s unit 2 at 18:27 on Sunday 27 September. The landmark moment at the State Power Investment Corporation site, in the Guangxi Zhuang Autonomous Region of southern China, means two units are now officially under construction. According to the report on China’s CCTV …
Two South Korean-designed APR1400 reactors would be included alongside two additional AP1000 reactors in the second phase. The final third phase would consist of two more AP1000 reactors. The government’s reference to a six-month period does not establish a deadline for signing the APR1400 contract. Instead, it refers to the interval between the engineering, procurement …
Australian uranium developer Bannerman Energy has secured a $320.4 million investment package from China National Nuclear Corporation Overseas for Namibia’s Etango uranium project, including $294.5 million paid into the project joint venture The Chinese state-owned nuclear group gets a 42.75% economic interest in Etango but rights to buy 60% of the mine’s uranium production over its operating …
Taiwan has approved a preliminary plan to restart an idled atomic power plant, marking a reversal of the ruling party’s anti-nuclear stance as the island pursues greater energy security. The Nuclear Safety Commission has cleared its review of an initial proposal to restart the Maanshan Nuclear Power Plant, it said in a statement. Taiwan Power …