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 …

Domestic Uranium Production Report – Annual

Mining, production, shipments, and sales U.S. uranium mines produced 0.7 million pounds of triuranium octoxide (U3O8), or uranium concentrate [1], in 2018, 37% less than in 2017. The production of uranium concentrate is the first step in the nuclear fuel production process, preceding the conversion of U3O8 into UF6, to enable uranium enrichment, then fuel pellet …

Nuclear power can reduce greenhouse gases

Vice President of India M. Venkaiah Naidu said on Thursday that nuclear electricity as a reliable and safe energy option can significantly reduce greenhouse gas emissions and that it has the potential to meet the ever-increasing energy demand in the country. Addressing the scientists and staff of the Atomic Minerals Directorate for Exploration and Research (AMD) here …

IAEA Concludes Long Term Operational Safety Review at China’s Qinshan 1 Nuclear Power Plant

An International Atomic Energy Agency (IAEA) team of experts completed a review of long term operational safety at the Qinshan Nuclear Power Plant (NPP) Unit 1 in China on 10 May. The SALTO (Safety Aspects of Long Term Operation) follow-up review mission was requested by the plant’s operator, Nuclear Power Operations Management Co (CNNO), a …

Global energy investment stabilised above USD 1.8 trillion in 2018, but security and sustainability concerns are growing

Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. The findings of the World Energy Investment 2019 report signal a growing mismatch between current trends and …

Horizons ETFs Launches Canada’s First Uranium ETF

Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the launch of the Horizons Global Uranium Index ETF (“HURA”). Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker symbol HURA. HURA is the first ETF in Canada to provide direct exposure to the global Uranium sector – a …

Scientists meeting in France seek more funds for nuclear energy

A number of scientists and other professionals who assembled at an international summit in France on May 13, 2019, have pushed for nuclear energy, arguing it would help mitigate climate change. The scientists had gathered at the International Congress on Advances in Nuclear Power Plants (ICAPP) in Juan-les-Pins, France, to sign a declaration. There were forty …

Nuclear deal between China, Russia worth $1.7b

Chinese and Russian nuclear companies will sign a deal worth more than $1.7 billion for the No.3 and No.4 reactors at the Xudapu Nuclear Plant using Russian technology, accelerating  Sino-Russian cooperation on nuclear energy. Construction of two reactors at the Xudapu Nuclear Plant in Huludao, Northeast China’s Liaoning Province, is scheduled to start in October …