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 …

Nuclear power will ‘absolutely’ be politically acceptable again — it’s safer than oil, coal, natural gas

Nuclear energy will “absolutely” be politically palatable, billionaire philanthropist, technologist and climate change evangelist Bill Gates recently told Andrew Ross Sorkin on CNBC’s “Squawk Box.” Nuclear power has to overcome a baneful reputation garnered by association with the atomic bomb and radioactive disasters, but it’s a necessary, worthy and surmountable challenge to correct the naysayers, …

Bruce Power celebrates successful first year of MCR, support for COVID-19 relief efforts in challenging 2020

Ontario Energy Report highlight company’s role in powering the province and supplying life-saving medical isotopes around the world Just over a year ago, Bruce Power raised the curtain on its Major Component Replacement Project with the start of its Unit 6 refurbishment. It was the start of a challenging 2020 in the face of a …

Turkey looks to complete 27.5% of Akkuyu nuclear plant by year-end

The 2021 Performance Program of Turkey’s Energy and Natural Resources Ministry has drawn a road map for the completion of the country’s first nuclear power plant, the Akkuyu Nuclear Power Plant (NPP), which says 27.5% of the plant will be completed by the end of this year. The program, which outlines the steps that will …

IAEA Discusses Topical Issues of Nuclear Law with Sri Lanka

The IAEA hosted a virtual national seminar on topical issues of nuclear law for Sri Lanka last month. Topics presented and discussed ranged from transparency in nuclear law and the legal provisions for the safety and security of radioactive sources to benefits of the Convention on the Physical Protection of Nuclear Material (CPPNM), its Amendment …

Bulgaria Ranks 8th in EU in Electricity Generated by NPP

Nuclear power plants in the EU produced about 26% of the total electricity generated in the Union in 2019, according to data from the specialized Eurostat survey. Thirteen Member States, including Bulgaria, operated a total of 106 reactors, which generated 765,337 GW/h of electricity. The largest producer of nuclear energy in the EU is France …

Ukraine needs new nuclear capacity, says deputy energy minister

Ukraine’s electricity grid needs the construction of new nuclear power units, Yuriy Boyko, the country’s deputy energy minister said last week. Speaking to delegates at Atomic Energy: The Future of the Industry on 17 February, Boyko described the importance of at least three new units. Nuclear power plant operator Energoatom published  Boyko’s comments on its website. Energoatom …

Uranium Week: Uranium Equities Spike

As the spot uranium price has declined nearly -11% in the last month, prices for uranium shares have risen dramatically. -Key drivers of uranium equities rally -Three megatrends supporting uranium -Spot uranium slides over -7% during 2021 By Mark Woodruff A sweeping rise in the share prices of current and prospective uranium producers has drawn widespread …

Czech solution to fuel rod corrosion receives US patent

Czech scientists have received a US patent for their discovery that a polycrystalline-diamond coating can significantly protect fuel rods against corrosion during both normal reactor operation and accidents. Researchers from the Czech Institute of Informatics, Robotics and Cybernetics of the Czech Technical University (CTU CIIRC) and the Institute of Physics of the Academy of Sciences …

Campaign contributions, including from a Utah operator, preceded creation of federal uranium stockpile

A $75 million fund for domestically mined uranium came after years of lobbying and campaign donations from the industry. When the latest COVID-19 relief bill was signed into law by President Donald Trump on Dec. 27, uranium companies with mines in the United States cheered. And that included a big one with operations in Utah. …

Government and industry back nuclear for green hydrogen future

Nuclear power could produce one-third of the UK’s clean hydrogen needs by 2050, according to the Hydrogen Roadmap agreed by the Nuclear Industry Council (NIC) last week. The NIC, co-chaired by the Minister for Business, Energy and Clean Growth and the Chairman of the Nuclear Industry Association, sets strategic priorities for government-industry collaboration to promote nuclear power …