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 …

1,200 new jobs and 300 apprenticeships for next phase of construction at Hinkley Point C

Installation of storage tanks marks beginning of “MEH” phase to fit electrical systems, cables and pipework 1,200 new jobs and 300 apprenticeships expected across British supply chain Engineering firms in Staffordshire and Lancashire are latest to announce new jobs Training in welding and electrical engineering will boost national skills capacity Staffordshire-based Capula and Exyte Hargreaves from …

Nuclear power to 2030: key countries

THE GROWING DEMAND FOR ELECTRICITY across the globe and the necessity of developing and using safe, reliable and economical sources of electricity are pushing countries to build new nuclear reactors. Globally, there are more than 400 active nuclear reactors that are currently in operation and 54 nuclear reactors are under construction in 17 different countries. …

Russia develops robot linked with virtual reality for high radiation environments

Avtomatika Concern, an affiliate of the Russian state-run corporation Rostec, has developed the Gipnoz (Hypnosis) robotic equipment control system to perform extreme tasks in the environment of radiation, high and low temperatures and poor visibility. The Hypnosis system uses artificial intelligence and virtual reality technologies, Rostec said on 3 July. The system can be used …

Uranium: A global bull market is under way due to COVID-19

The growing uranium supply deficit, currently being accelerated by COVID-19 pandemic related production cuts, has seen the price for uranium skyrocket – making it the world’s best-performing major commodity right now. With the suspension of operations at four notable uranium mines in March and April, the spot price has surged to US$33/lb in May from …

Kazatomprom extends reduced operations

JSC National Atomic Company Kazatomprom has today announced it is extending for one month its reduction in operations due to COVID-19. Kazakhstan’s government last week announced a second two-week lockdown after a national surge in coronavirus cases followed the lifting of an earlier lockdown. Kazatomprom announced in April that it was reducing the number of employees …

EU experts to assess nuclear power’s green credentials

The European Commission has mandated its in-house research body, the Joint Research Centre (JRC), to assess whether nuclear power should be considered as a “green” technology under the EU’s sustainable finance taxonomy. Should nuclear power be considered “green” because it is a low-carbon source of energy? Or does the issue of radioactive waste automatically disqualify …

Construction starts on 2nd unit of Turkey’s 1st nuclear power plant Akkuyu

The construction of the second unit of Turkey’s first nuclear power plant Akkuyu has started, Energy and Natural Resources Minister Fatih Dönmez said Friday. Dönmez stated that they aim to put the first unit into operation at the Akkuyu Nuclear Power Plant in 2023. “We plan to commission the second unit in the following year,” …

V.PTU: Uranium Investor’s Guide to the Next Big Discovery – Part 1: The Patterson Model

Based on repeated discoveries, the Patterson Model provides a clear map forward.View a 4.5-minute video here.   About Purepoint Purepoint Uranium Group Inc. is focused on the precision exploration of its nine projects in the Canadian Athabasca Basin, the world’s richest uranium region. Established in the Athabasca Basin well before the initial resurgence in uranium earlier …