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 …
The Trump administration is to be commended for its “energy dominance” policy with respect to oil and natural gas production, but on domestic uranium mining, used for nuclear power generation and national defense purposes, it is the United States that is being dominated. Fortunately, the administration is considering new corrective measures to address this vulnerability …
Moltex Energy and ARC Nuclear each claim thousands of new jobs possible in New Brunswick. NB Power and the New Brunswick government are looking at the potential for a second reactor at Point Lepreau as part of a bid to create a manufacturing industry in the province for mini reactors. If the plan is successful, …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce the appointment of former Saskatchewan Premier Mr. Brad Wall to the Company’s Board of Directors. This appointment coincides with the retirement from the NexGen Board of Craig Parry, Chief Executive Officer of IsoEnergy and founding member of the Board of Directors at …
Uranium, a nuclear metal, has seen a downside as well as an upside time to time, on account of changing trend in energy production methods and supply and demand dynamics in the last three years. The prices started its downturn in 2015 with Uranium Futures (UXX) dropped significantly from the level of $40.15 (Day’s high …
The Department of the Interior’s Bureau of Land Management approved the expansion of the Lost Creek uranium in-situ recovery project, an existing uranium mine operated by Lost Creek ISR in Sweetwater County. The record of decision, signed by Interior’s Assistant Secretary for Lands and Minerals Joseph Balash, will strengthen energy security, expand infrastructure and bolster …
Although Korea has exported nuclear power plants to the United Arab Emirates (UAE), it can exclusively supply nuclear fuel to the plants only for three fuel cycles, which add up to less than five years. After that, Korea has to compete with other countries such as the United States to supply nuclear fuel to the …
Back in July, I wrote an article for MoneyWeek magazine about uranium. “The most hated metal in the world is due a comeback” ran the title. Today we revisit uranium and consider some of its prospects from here. The winter seems cruel for nuclear fuel Since that article uranium has had something of a comeback, …
“For decades, the FSB agents, the Russian lobby at the highest levels have slowed down the process of diversification. Moreover, the regime of Yanukovych practically buried that process by stopping it. Only after demonstration of political will over the past five years, thanks to cooperation with the Westinghouse company, Ukraine has become the first country …
Ali Akbar Salehi, head of Islamic Republic’s Atomic Energy Organization, says work on $8.5-billion power station project ‘moving ahead in an excellent manner’ Construction of two new nuclear plants in the southern Iranian city of Bushehr, home to the country’s only current working nuclear power station, is on schedule and going to plan, the Islamic Republic’s …
Nursultan Nazarbayev, the president of Kazakhstan, said on Tuesday that he was resigning as the oil-rich Central Asian nation’s leader after three decades in power. Nazarbayev, 78, has led the former Soviet republic since 1989, first as its Communist leader and then as president. “I have taken a decision, which was not easy for me, …