![]() None of Market Jar or any of their respective affiliates, guarantee the accuracy or completeness of any such information. Market Jar has not independently verified or otherwise investigated all such information. was not paid by the author to publish or syndicate this Article. The author was not paid by Market Jar Media Inc. The author is wholly responsible for the validity of the statements. has or expects to receive from Fission Uranium Corp.’s Digital Marketing Agency of Record (Native Ads Inc.) ninety two thousand six hundred and forty CAD for 53 days (38 business days).ģ) Statements and opinions expressed are the opinions of the author and not Market Jar Media Inc., its directors or officers. The author determined which companies would be included in this article based on research and understanding of the sector.Ģ) The Article was issued on behalf of and sponsored by, Fission Uranium Corp. ![]() ( TSX:FCU ) ( OTCQX:FCUUF ) and its PLS project, please visit this link or the company’s website.ġ) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. Some of the highlights from the report include an increased mine life of ten years, a lower-than-expected initial capital expenditure, increased mineral reserves, an operating cost of just C$ 13.02/lb, and after-tax NPV 8% of C$ 1.2 billion, and an after-tax IRR of 27.2%.įor more information on Fission Uranium Corp. The Feasibility Study (FS), which details a high-grade mining and mill scenario for PLS, is summarized in the Report. On March 2, Fission Uranium announced that it has filed a technical report for its PLS projecton SEDAR in accordance with National Instrument 43-101 Standards. In fact, the average grade in Canada’s Athabasca Basin is approximately ten times higher than the world average. Uranium projects in countries like Canada are vital to the nuclear renaissance because consumers of nuclear fuel throughout the world are shifting away from main suppliers Russia and Kazakhstan because of persistent hostilities.Ĭanada is the world's second largest producer of uranium and the only country with large, high-grade reserves. Canada Is a Key Player in the Uranium ResurgenceĪlthough rising prices and the announcement of restarts at some mines indicate that demand may be met in the near term, economists agree that additional production will be needed to keep up with long-term growth projections. According to George, uranium prices will see repricing soon as demand keeps going up. He says that Sprott Physical Uranium Trust has made it possible for the company to move into the area of energy transition. The CEO of Sprott Inc, Whitney George, talked during an interview with BNN Bloomberg about the company's move to renewable energy and his predictions for precious metals. ![]() As a result, utilities are less likely to be able to complete their order books by taking advantage of the discount between spot and contract pricing. ![]() Sprott's physical uranium trust keeps on buying spot pounds. New term contracts and spot purchases have also been made by utilities and financial institutions. Japanese, French, South Korean, Indian, British, and American governments, among others, have all announced new nuclear energy projects and increased support for the sector over the last 18 months. Uranium was the only commodity to increase in value in February, as the price of nearly every other major raw material declined.Īs the push to replace fossil fuels with lower-emission energy sources gains momentum, uranium has exited its decade-long downturn and professionals in the industry are excited about the sector's future.
0 Comments
Leave a Reply. |