We finally have more reactors under construction today than pre-Fukushima. So the sector's really come around and turned a positive corner in terms of long-term growth, which is consistent with our growth profile. I think the key is to pay attention to this developing perfect storm, Gerardo. The fact is, this McArthur news comes at a time where other developments and news in the sector has all been turning positive. I think we're going into 2018 with probably the best dynamics for the uranium sector we have seen since before Fukushima. Full Story
We think this could be a really big turning point in the uranium market. Cameco’s suspension of production, the latest in a long line of production cuts at high cost operations, brings the total volume of uranium removed from the market in 2018 to 17 million pounds, about 12% of primary mine supply. This in turn will mean the oversupply of uranium is being brought sharply back into balance. Full Story
URZ Energy Corp. (URZ:TSX.V) completed its IPO on July 5 and will debut trading on the TSX Venture exchange on July 7 under the ticker symbol URZ. Focused on uranium properties in Wyoming and the Western U.S., the company was created by Todd Hilditch. Hilditch, who has previously had strong ties to the lithium/energy sector through Salares Lithium before being acquired by Talison Lithium (which grew to another $840 million takeover), is being joined by four very experienced uranium/energy executives formerly of Uranerz Energy Corp. Full Story
Department of Energy Secretary Rick Perry issued a determination that reduces the amount of uranium the department can transfer in 2017 and 2018; the reduction should give a boost to uranium producers. Full Story
At the recent PDAC in Toronto, Mercenary Geologist Mickey Fulp spoke with Amir Adnani, CEO of Uranium Energy Corp (UEC.MKT), on the outlook for uranium and why UEC is well-positioned for and highly leveraged to the inevitable upturn in uranium prices. Full Story
Uranium's 30% rise from the low of $17.75/lb on Nov. 30, 2016, is fueled by a number of supply and demand factors that has industry watchers optimistic that the tide has turned. On the supply side, Kazakhstan's state-owned Kazatomprom announced in January that it would cut production by 10%; the company supplies 40% of the world's uranium. Full Story
Uranium’s spot price had a rough ride throughout the course of 2016, but for many investors there is suddenly a new aura of optimism around the troubled metal. It all starts with Donald Trump’s “America First” strategy, which is being perceived by many as a potential boon to the uranium sector. Official details are slim, but industry executives are currently speculating that the Trump administration will be better for nuclear power than the previous government. Full Story
Partner and CEO of Palisade Global and Palisade Radio, Collin Kettell, seems to have caught the exact bottom of the uranium market. He shared with us the basic dynamics of this increasingly bullish market. Much like the gold market which is comprised of a few major mining producers and several smaller exploration companies below those large ones, the uranium market is similarly structured. However, there are even fewer of the major producers at the top level than in the gold market - which makes it easier to monitor. Full Story
Joe McAlinden, founder of McAlinden Research Partners and former chief global strategist with Morgan Stanley Investment Management, outlines the trends for energy and discusses which sectors should see the most growth under the Trump administration. Full Story
Disclaimer
The views contained here may not represent the views of UraniumSeek.com,
its affiliates or advertisers. UraniumSeek.com makes no representation,
warranty or guarantee as to the accuracy or completeness of the information
(including news, editorials, prices, statistics, analyses and the like)
provided through its service. Any copying, reproduction and/or redistribution
of any of the documents, data, content or materials contained on or within
this website, without the express written consent of UraniumSeek.com,
is strictly prohibited. In no event shall UraniumSeek.com or its affiliates
be liable to any person for any decision made or action taken in reliance
upon the information provided herein.
GoldReview.com
