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 …

Energy-starved Africa looks to India for nuclear reactors

As part of India’s strategy to expand its footprint in Africa, the National Democratic Alliance (NDA) government is exploring supply of small nuclear power reactors to the electricity-starved countries. Interestingly, India’s civilian nuclear power programme has caught the fancy of African countries because climate change has impacted their conventional hydropower generation capacity, which was primarily …

US ending sanctions waiver for site where Iran resumed uranium enrichment

The United States is ending a sanctions waiver for civil-nuclear work at a site where Iran recently announced it was enriching uranium, Secretary of State Mike Pompeo announced Monday. “The United States will terminate the sanctions waiver related to the nuclear facility at Fordow effective Dec. 15, 2019,” Pompeo told reporters at the State Department. “The …

Chinese nuclear heating project starts up

China’s first commercial nuclear heating project has begun operating at the Haiyang nuclear power plant in Shandong province. The plant’s two AP1000 units will initially provide heating to 700,000 square metres of housing. Shandong Nuclear Power Company (SDNPC) – a subsidiary of State Power Investment Corporation (SPIC) and the owner of Haiyang plant – announced …

Czech Republic approves construction of new nuclear plant

The Czech Republic approved the construction of the Dukovany II nuclear power plant, and has set a target date for completion of 2036. According to the Czech parliamentary committee for the construction of new nuclear resources, this is an important step to maintain the self-sufficiency of the country. The committee claims that by 2040, renewable …

Germany and Brazil renew nuclear cooperation agreement; third nuclear plant to be built by 2026

Germany’s parliament, the Bundestag, on Thursday ignored pleas from the Green party to scrap a nuclear agreement with Brazil. “Our cooperation in this area has worked well for decades,” Parliamentary State Secretary for the Environment Rita Schwarzelühr-Sutter of the center-left Social Democratic Party (SPD) said. “There are currently no plans to cancel the agreement.” The …

Japan nuclear plant safety costs increase 5-fold over 6 years to 5.4 trillion yen

The estimated cost of safety measures at nuclear power plants across Japan has increased fivefold over the past six years to just over 5.38 trillion yen, a Mainichi Shimbun survey has shown. Eleven power producers spent the funds to implement stiffened safety standards at 15 nuclear power plants, including those currently under construction, according to …

The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan, including their support of a globally competitive mining sector

The Saskatchewan Mining Association (SMA) supports Saskatchewan’s Growth Plan The Next Decade of Growth / 2020-2030, including their support of a globally competitive mining sector. “The mining sector continues to be a primary engine of growth for the Saskatchewan economy. By providing a stable framework for growth of the mining sector, Saskatchewan communities, residents and …