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 …

T.NXE Reports 2021 Exploration and Site Geotechnical Confirmation Drilling Results

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 …

Energy storage powered by Ontario’s nuclear assets: a made-in-Ontario pathway to net zero

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 …

EU Commissioner rules out big changes to green finance proposal

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 …

Japan’s Mitsubishi, energy body join Gates’ nuclear project

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 …

T.FCU ADVANCES FEASIBILITY STUDY WITH NEW DRILL PROGRAM

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 …

B2Gold Namibia Exercises Call Option to Acquire Balance of Shares in Razorback (T.FSY)

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 …

T.CCO underlines ongoing commitment to Yeelirrie

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, …

S Korea election offers potential for nuclear change

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 …

Nuclear Industry Census Reveals Positive Signs of Growth Alongside Workforce Challenges

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 …