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 …

Kazakh President receives Kazatomprom CEO

Head of State Nursultan Nazarbayev had today a meeting with Chairman of the Management Board of National Atomic Company Kazatomprom JSC Galymzhan Pirmatov, Kazinform has learned from the press service of Akorda. The President underlined that Kazatomprom is one of the largest national companies in Kazakhstan and holds leading positions in the world nuclear industry. …

China solicits public opinions on draft atomic energy law

China’s Ministry of Justice on Friday published a draft atomic energy law online to solicit public opinions. Identifying atomic energy as an industry of strategic importance, the eight-chapter draft law provides guidelines and rules for technology development, nuclear material recycle, atomic energy, safety management and international cooperation. It encourages companies to participate in the development …

T.URE Announces Pricing of Public Offering of Common Shares and Warrants

Ur-Energy Inc. (NYSE American: URG) (TSX: URE) (“Ur-Energy”) announced today the pricing of its underwritten public offering of 12,195,122 common shares and accompanying warrants to purchase up to 6,097,561 common shares, at a combined public offering price of $0.82 per common share and accompanying warrant. Each whole warrant will have an exercise price of $1.00 …

T.URE Announces Proposed Public Offering of Common Shares and Warrants

Ur-Energy Inc. (NYSE American: URG) (TSX: URE) (“Ur-Energy”) announced today that it intends to offer and sell its common shares and warrants to purchase its common shares in an underwritten public offering. In connection with this offering, Ur-Energy expects to grant the underwriters a 30-day option to purchase additional common shares and warrants, equal to …

China ready to fire up world’s first AP1000 nuclear reactor

No 1 reactor at Sanmen power plant expected to be ready for commercial operations on Friday after completing 168-hour test run. China will soon be ready to start commercial operations of the world’s first next-generation AP1000 nuclear reactor, possibly setting off a renewed push by the country into atomic power after years of delays and …

V.PLU Extends Falchani “East” Lithium Deposit

Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company”)(TSX VENTURE:PLU)(FRANKFURT:QG1)(OTCQB:PLUUF) is pleased to announce extensions to its Falchani “East” lithium deposit, the entering into of community agreements and initiation of drilling at Falchani “West”. Falchani East Extension Highlights (Figure 1 – Falchani Drill Hole Location Map with Outcrop Samples) Drilled mineralized footprint extended ~200 m to …

Hope To Send Uranium Shipment To India In Near Future: Australia

Australia’s High Commissioner to India, Harinder Sidhu, on Tuesday expressed hope that the country would be sending a consignment of uranium to India in the “near future”. Speaking at the Australia Fest in Delhi, Mr Sidhu said, “Foreign Minister Julie Bishop was here (in India last year) and after prime minister’s visit, she had mentioned …