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 …
Huarabagoo continues to deliver broad, consistent mineralisation including: HB24DD011 – 5m @ 2,053 ppm (0.21%) U3O8 and 0.58 g/t Au from 34.5m, including 3.7m @2,751 ppm (0.28%) U3O8 and 0.81 g/t Au HB24DD013 – 12m @ 1,694 (0.17%) U3O8 from 44 m, including 5.0m @ 3,235 ppm (0.32%) U3O8 HB24DD014 – 17m @ 764 ppm (0.08%) U3O8 from 30m, including 9m @ 1,247 ppm (0.12%) U3O8 and 3m @ 5,286 ppm (0.53%) U3O8 and 0.62 g/t Au from 72m, HB24DD015 – 22m @ 871 ppm (0.09%) U3O8 from 27m, …
Connecticut Democrats’ energy proposals this year include an override of the state’s 40-year moratorium on nuclear power plants to allow for the construction of small modular reactors. Senate Democratic leaders announced their “Ratepayers First Act” energy legislation at a media briefing at the Legislative Office Building in Hartford on Thursday. Senator Norm Needleman, co-chair of …
North Dakota lawmakers could start the process of adding a new source of power. House Bill 1025 would allocate $500,000 towards developing and presenting a study on how feasible nuclear energy would be. It also would look into the environmental and economic impacts. Sen. David Houge, R-Minot, said the state needs to think long-term when …
The leader of the centre-right Christian Democratic Union (CDU) in Germany, Friedrich Merz has said he would prioritise revitalising the country’s industrial base ahead of climate protection. In a speech in the industrial western German city of Bochum on Monday, January 13th, Merz said that climate protection should not be more important than the preservation of Germany’s …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce plans for fully-funded, upcoming drill programs at its co-flagship Russell Lake and Moore Uranium Projects in 2025 totalling approx. 16,000 – 18,000 metres in 35 – 45 holes representing the largest annual drill campaign ever carried out by the Company. Russell Lake and Moore …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) announces that it has completed the acquisition of 107,142,857 common shares (the “Anfield Shares“) of Anfield Energy Inc. (“Anfield“) (TSX-V: AEC) for total consideration of $10.46 million ($15 million Canadian dollars). The acquisition was completed on January 15, 2025 pursuant to a subscription agreement between …
The Ford government has taken the first step on a potentially long path to building a large new nuclear power generation station near Toronto by confirming early work is underway to find local consensus for construction on the shores of Lake Ontario. Energy Minister Stephen Lecce was in Port Hope, Ont., on Wednesday to promote Ontario Power Generation’s Wesleyville …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSX: ISO; OTCQX: ISENF) announces that Anfield Energy Inc. (“Anfield”) has provided notice of termination regarding the previously announced arrangement (the “Arrangement”) under which IsoEnergy was to acquire all issued and outstanding common shares of Anfield (the “Anfield Shares”) through a court-approved plan of arrangement (the “Transaction”). In connection with …
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce that IsoEnergy has exercised its put option (“Put Option”) under the terms of their joint venture (the “Joint Venture”), as announced in a press release dated December 19, 2024. With this strengthened partnership, both …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSX: ISO; OTCQX: ISENF) is pleased to announce the commencement of its 2025 winter exploration program in the eastern Athabasca Basin, Canada (Figure 1) designed to build on the Company’s successful 2024 season. A total of 8,800 metres of drilling are planned on the Larocque East project, which contains the …
