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 …
Kazakhstan is continuing discussions with French company EDF including proposals for an EPR-1200 reactor, the Kazakh Ministry of Energy has confirmed. EDF is one of four potential nuclear suppliers the country is now considering. Minister of Energy Bolat Aksholakov met with Vakis Ramani, EDF’s senior vice president for the development of new international nuclear projects, …
A financial trust has been opened in Argentina to support sustainable investment in two nuclear energy projects. Investments made in the new Solidarity Financial Trust of Public Infrastructure NA-SA IV will go to enable the licence extension for Atucha I as well as the construction of a dry storage facility for used fuel. The trust …
IsoEnergy Ltd. (“IsoEnergy“) (TSXV: ISO) (OTCQX: ISENF) is pleased to announce the appointment of Dr. Darryl Clark to the position of Vice President, Exploration, effective March 1, 2023. Tim Gabruch, Chief Executive Officer commented: “On behalf of the Board and the entire team at IsoEnergy, I am very pleased to welcome Darryl as Vice President, Exploration. IsoEnergy is at …
Major equipment for India’s Kudankulam 5 is complete at the factory of the Russian supplier, Atommash. The reactor pressure vessel was assembled in a trial and the pressuriser passed crucial tests. The Kudankulam nuclear power plant is about 100 kilometres from the port city of Tuticorin in the state of Tamil Nadu at the southern …
Fortum is capable of continuing to safely operate the Loviisa nuclear power plant until 2050, Finland’s Radiation and Nuclear Safety Authority (STUK) has told the country’s Ministry of Economic Affairs and Employment (TEM). The government is expected to issue a decision on extending the two-unit plant’s operating licence in the coming months. The Loviisa plant …
FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce a winter program at its’ 100% owned PLS property in Canada’s Athabasca Basin region. The program will include geotechnical testing of key areas identified for surface infrastructure as identified in the Feasibility Study, including proposed stockpiles and mill locations. Also, 5 drill holes are designed to confirm groundwater …
The French Senate has overwhelmingly approved a draft bill aimed at accelerating procedures related to the construction of new nuclear facilities near existing nuclear sites and to the operation of existing facilities. The bill was adopted in its first reading in the Senate, with 239 votes in favour and 16 against. The Senate began its …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce it has received $17.85 million from the U.S. Department of Energy (“DOE”) for supplying 300,000 pounds of U.S. origin uranium concentrates at $59.50/lb. to the DOE – National Nuclear Security Administration (“NNSA”) under the contract awarded to the Company announced on December …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced the size and pricing of its previously announced overnight marketed public offering (the “Offering”). The Company has entered into an underwriting agreement with Red Cloud Securities Inc., as lead underwriter and sole bookrunner, and Cormark Securities Inc. (together, the “Underwriters”) for …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) today announced that it has filed a preliminary short form prospectus with the securities commissions in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario, in connection with an overnight marketed public offering (the “Offering”) of units of the Company (the “Units”). …