Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


Uranium on the sunny side

After many years in which the uranium price just bobbed along, the mood seems to be changing

Receive up-to-date information about the company directly via push notification

The current spot price of around US$30 per pound of uranium is well above the multi-year low. However, a higher price is still needed to generate profits. For the construction of new uranium mines, the uranium price would probably have to be significantly higher. The current positive mood has also had an impact on the uranium companies, many of whose share values have risen. Following the widespread shutdown of Japanese reactors after the Fukushima disaster, a uranium surplus had built up. In the uranium industry, contracts are long-term and expensive long-term contracts were in place.

In 2016, for example, uranium cost only $18 per pound. Then in 2018, relatively late, producers such as industry heavyweight Kazatomprom reduced their uranium production. Cameco, another uranium giant, put its McArthur River mine into maintenance mode. Rio Tinto sold a large part of its Rossing uranium mine to the Chinese. Today, uranium is considered a reliable source of energy and prevents the generation of many billions of tons of carbon dioxide. And preventing emissions is now important worldwide because of climate policy. According to a report by the World Nuclear Association, uranium demand has already increased by about 26 percent compared to the previous year.

And there are still uranium companies that have the potential for spectacular projects and are pushing ahead with them, because they have recognized the potential of the coming years. 

These include IsoEnergy - https://www.youtube.com/watch?v=tPkBdRV_lew, for example, with its uranium projects in the Athabasca Basin in Saskatchewan, which is famous for uranium wealth. The Hurricane Zone discovered by the company on the Larocque East property there is particularly promising. 

International Consolidated Uranium - https://www.youtube.com/watch?v=pfJv6yAcNMw - owns gold projects but has been focusing on uranium projects for some time. The company is working on or has completed the acquisition of several projects and is active in Labrador, Quebec and Australia.

Current company information and press releases from IsoEnergy (https://www.resource-capital.ch/en/companies/iso-energy-ltd/).
 
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat