Besides gold, uranium is also in focus
At PDAC, the most important mining trade show, uranium was a major topic in addition to gold
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That gold is always in the interest, so also at the PDAC, is not new. Silver, for which many analysts see an excellent price future, was also discussed. For example, Director EB Tucker of Metalla Royalty & Streaming and Nova Royalty, known for his price forecasts for gold and silver, was positive for this year: He sees a price of 2,500 US dollars for gold and 50 US dollars per ounce for silver. He also sees great opportunities for copper and nickel.
Another significant aspect that may impact certain commodities is the demand for electric vehicles and other "green" trends, he said. This is expected to fuel silver consumption. At the same time, according to a survey on which raw material is expected to have a lot of potential, another raw material was favored, namely uranium.
There are currently 412 nuclear power plants worldwide. China has started operation of 37 new power plants in the last ten years. There are currently 51 nuclear power plants under construction. It takes about ten years to build a new plant. Nuclear power is one of the most cost-effective and low-carbon ways to generate energy, according to a new study by the IEA (International Energy Agency). Without nuclear power plants, it may be difficult to meet global decarbonization goals. So nuclear power is part of producing enough energy for humanity in a clean way.
There are probably not too many commodity companies that focus on gold and uranium at the same time.
International Consolidated Uranium, for example, has this exciting mix. In addition to several gold projects in good mining regions such as Western Australia or Nunavut, the company owns uranium projects. Most recently, International Consolidated Uranium bought the Dieter Lake uranium deposit in Quebec.
IsoEnergy is fully committed to uranium. In the famous Athabasca Basin in Saskatchewan, the Hurricane zone on the Laroque East property stands out with excellent drill results. IsoEnergy is also pursuing other uranium projects.
Current company information and press releases from IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/).
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