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 …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to provide a progress update on the In-Situ Recovery (“ISR”) field test activities occurring at Phase 1 of the high-grade Phoenix uranium deposit (“Phoenix”) at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River” or the “Project”). The Company is also pleased to …
Cameco expects to produce up to 12 million pounds U3O8 (4616 tU), on a 100% basis, this year provided there are no further disruptions due to COVID-19, forest fires or any other cause, the Canadian company said yesterday in its quarterly results call. CEO Tim Gitzel said the company is investing in digital and automation …
The UK government today published a Call for Evidence that sets out its suggested approach to building the first advanced modular reactor (AMR) demonstrator. This will specifically explore high temperature gas reactors (HTGRs) as the most promising model for the demonstration programme, which ministers are investing GBP170 million (USD237 million) into delivering by the early …
The dome of the inner containment shell of unit 1 of the Rooppur nuclear power plant in Bangladesh is now being installed, Rosatom announced yesterday. The metal structure has a diameter of 44 metres and a weight of 185 tonnes. The operation is being carried out by Trust RosSEM, using a Liebherr heavy crawler crane …
Rosatom and a subsidiary of Kaz Minerals have signed for power supply to the new Baimskaya copper mining project in the Chukotka region of eastern Siberia. Rosatom proposes to use three floating nuclear power plants each employing a pair of the new 55 MWe RITM-200M reactors, a version of which is in service powering icebreakers. A fourth …
Russia’s Rosatom has launched construction works for a research reactor facility in Bolivia, which is part of a nuclear technology research and development centre (CNTRD) in the city of El Alto. A ceremony held yesterday to mark the pouring of first concrete was attended by Bolivian President Luis Alberto Arce Catacora and Rosatom First Deputy …
Jordan has been operating a “pioneering” processing plant to recover yellowcake from uranium ores since the start of the year, the head of the country’s Atomic Energy Commission has announced. Khaled Toukan’s remarks were reported by state news agency Petra and shared by the Jordanian Uranium Mining Company (JUMCO), operator of the plant. JUMCO, which …
One-third of Italians are in favour of reconsidering the use of nuclear energy in the country, according to the results of a public opinion poll conducted on behalf of Comitato Nucleare e Ragione. More than half of respondents said they would not exclude the future use of new advanced nuclear technologies. Comitato Nucleare e Ragione …
Japan has rebooted extra power plants, including a long-dormant nuclear reactor, and taken other steps to avoid a power crisis as temperatures soar and demand for cooling surges, especially in Tokyo, where the Olympics begin on Friday. With the world’s eyes on Tokyo as it hosts the Summer Games amid worries over risks posed by …
The newly created Sprott Physical Uranium Trust has begun trading on the Toronto Stock Exchange after Sprott Asset Management LP, a wholly owned subsidiary of precious metals and real assets investments company Sprott Inc, completed a previously announced transaction with Uranium Participation Corporation (UPC). Sprott Asset Management earlier this year entered into a definitive agreement …