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 …
At the end of a dirt road leading to a prime surfing spot in this vacation town on the northwest coast sits a giant, hemispheric bulb bulging out from between the palm trees. When the structure popped up more than six decades ago, federal scientists called it the “dome of the future.” Beneath its rounded …
To enable worldwide adoption, CORE POWER aims to build advanced reactors, designed for commercial insurance approval. Shipping nuclear propulsion startup CORE POWER will shortly reach its funding milestone of $500 million, which will allow it to finish the technology design and move on to the next steps. The startup, based in the United Kingdom, is planning to …
Vietnam will amend its national power development plan, known as PDP8, to include options for nuclear energy and hydrogen, the Minister of Industry and Trade said on Monday. The PDP8 will be amended in a way to also add more renewables to the mix, including solar and wind, Nguyen Hong Dien told the National Assembly …
France’s lower house finance committee has voted to scrap a plan to tax the sale of EDF’s nuclear power on the wholesale market from 2026, the National Assembly of the parliament said on Friday. The finance committee vote occurred late on Thursday, and the controversial plan is now due to be debated by the lower …
Utah historically has produced energy from coal, oil, and gas, but with Utah’s growing energy demands, state officials are considering turning to nuclear energy within the next decade. State officials held a conference last week to discuss what Gov. Spencer Cox is calling a “looming energy crisis” in the state of Utah. Due to Utah’s rapid population …
UEC will have a U.S. industry-leading, three hub-and-spoke production platforms in Wyoming and Texas 12.1 million pounds of U3O8 per year of combined U.S. licensed production capacity, upon closing the previously announced acquisition of Rio Tinto’s Wyoming Assets Uranium Energy Corp (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce that it has received approval from the …
European Union ministers agreed to support nuclear energy as part of the fight against climate change ahead of next month’s COP29 summit, a marked shift on a power source that has long divided the bloc. The Netherlands, France, and some eastern European nations called for more “institutional support” for nuclear energy, as well as for …
The aging No. 1 reactor of the Takahama nuclear power plant in central Japan was given the all clear by the nuclear regulator Wednesday to continue operations, making it the first reactor in the country to get approval to operate beyond 50 years. The Nuclear Regulation Authority gave the green light to Kansai Electric Power …
Main deposits of Muntanga and Dibbwi East have recoveries of 90% or better Detailed test work program completed during 2024 validates previous work Project benefits from low acid consumption GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“) is pleased to announce positive results from the Feasibility Study testwork undertaken in 2024 for its Muntanga Project. The …
Not for Distribution to United States Newswire Services or for Dissemination in the United States Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced that it has completed its previously announced public offering (the “Offering”) for gross proceeds of C$40,250,460, which included the full exercise of the over-allotment option (the “Over-Allotment Option”). The Offering …
