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 …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce radioactivity results and the completion of the 2021 field programs that focused on exploration and a detailed geotechnical site confirmation program at the Arrow Deposit (“Arrow” or the “Project”) at the 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan . 2021 Exploration …
New report explores how large-scale energy storage in combination with clean electricity from Bruce Power presents a $4-billion opportunity for Bruce, Grey and Huron counties Ontario will need investment in vast new energy storage capacity in combination with clean power from nuclear generation to meet its increasing clean energy demands in the coming years. This …
The European Commission will not make any fundamental revisions to proposals that classify nuclear power and gas as sustainable, Financial Markets Commissioner Mairead McGuinness said on Wednesday, despite objections from some European Union states. The Commission included gas and nuclear investments in a draft of its “sustainable finance taxonomy” rules circulated on Dec. 31, as …
A logo of Mitsubishi Corporation, the parent company of Mitsubishi Heavy Industries, is displayed on a sign outside its headquarters in Tokyo, Nov. 26, 2021. Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear energy project with TerraPower, a company started by Bill Gates. Mitsubishi …
FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce the continuation of its field work as part of the Feasibility Study of the Triple R deposit on its’ 100% owned PLS property in Canada’s Athabasca Basin region. The work planned for this winter will focus on geotechnical drilling for the R780E Zone as well as similar geotechnical …
Atommash performed a test assembly of elements for the multi-purpose sodium-cooled fast neutron research reactor (MBIR) being built in Dimitrovgrad. The six pieces of equipment involved in the test at the Volgodonsk branch of AEM technologies had a combined weight of 164 tonnes. The MBIR is a 150 MWt, sodium-cooled fast reactor with a design …
Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) is pleased to announce that B2Gold Mining Investments Limited and B2Gold Namibia (Proprietary) Limited (together “B2Gold”) has exercised its call option to increase its existing shareholding in Razorback Gold Mining Company (Pty) Limited (“Razorback”) to 100% (the “call option”). Pending the completion of …
Cameco has requested an extension to state-level environmental approvals for the Yeelirrie project and remains committed to it, the Canadian company said. The government of Western Australia previously set a deadline of 20 January this year for the company to demonstrate “substantial commencement” of the project. The weak market conditions that have persisted since 2017, …
South Korea’s upcoming presidential election on 9 March opens up the possibility for a sharp change in the country’s nuclear policy. The leading two candidates to replace presidential incumbent Moon Jae-in — Lee Jae-Myung from the ruling liberal Democratic Party and Yoon Seok-Yeol of the conservative opposition People Power Party — are running neck and …
The UK’s Nuclear energy industry is on course for recovery with employers forecasting the workforce will exceed pre-pandemic levels by five percent next year, reports the ECITB. But with the buoyant nuclear supply chain facing a raft of opportunities for growth, from decommissioning to new build, the sector must recruit to replace an ageing workforce …