Podcasts about mcarthur river

Interview with Chris Frostad, President & CEO of Purepoint UraniummOur previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-athabasca-basin-discovery-potential-with-tier-1-backing-5041Recording date: 5th June 2024Purepoint Uranium Group (TSXV:PTU) is a uranium exploration company laser-focused on making a transformative high-grade discovery in the world-class Athabasca Basin of northern Saskatchewan, Canada. With an extensive portfolio of drill-ready projects, strategic partnerships with industry leaders Cameco and Orano, Purepoint offers speculative investors compelling exposure to the potential for a re-rating uranium discovery against an increasingly bullish uranium market backdrop.The Athabasca Basin is widely regarded as the world's premier uranium jurisdiction, hosting the highest grade deposits on the planet with an average resource grade of 2% U3O8 (compared to a global average of 0.2% U3O8). The region has been the site of multiple major discoveries over the past two decades, including Cameco's McArthur River, NextGen Energy's Arrow, and IsoEnergy's Hurricane zone. These deposits are not only high-grade but also relatively shallow and amenable to conventional mining methods.Purepoint has spent the past decade assembling a dominant land position in the Athabasca Basin and advancing its projects up the exploration pipeline. The company's flagship projects are held in joint ventures with uranium giants Cameco and Orano, including Hook Lake (adjacent to Fission's Triple R deposit) and Smart Lake (adjacent to Cameco's McArthur River mine). These JV partnerships provide Purepoint with financial and technical support while validating the prospectivity of the company's ground.Purepoint is also advancing a pipeline of 100%-owned projects, including Red Willow, Henday Lake, and Umpherville Project. The most advanced is the 100%-owned Turnor Lake project, which is located adjacent to IsoEnergy's Hurricane zone discovery. Past drilling at Hurricane has returned some of the best uranium intersections globally, including 38.8% U3O8 over 7.5 meters. Purepoint is currently conducting a 3,000 meter drill program at Turner Lake to follow up on high-priority geophysical targets along the same structural corridor that hosts Hurricane.The company takes a systematic, data-driven approach to exploration that leverages modern geophysical and geochemical techniques to identify drill targets with the highest probability of success. This approach has already yielded success, with previous drill programs intersecting high-grade uranium mineralization at Hook Lake and Smart Lake. With over $35 million invested in exploration across its projects to date and an estimated $8 million in working capital, Purepoint is well funded to continue aggressively exploring its Athabasca Basin portfolio.The company is led by a highly experienced management team and board with a track record of exploration success in the Athabasca Basin. President & CEO Chris Frostad has with over 35 years of experience in the mining industry, including senior roles with major mining and technology companies. With the uranium market in the early stages of a major bull market driven by growing demand for carbon-free nuclear energy and a structural supply deficit, Purepoint is well positioned to capitalize on rising uranium prices and the renewed investor interest in uranium equities. As the company continues to advance its portfolio of high-grade uranium projects in the world-class Athabasca Basin, Purepoint offers compelling high-risk, high-reward exposure to the next world-class uranium discovery.View Purepoint Uranium's company profile: https://www.cruxinvestor.com/companies/purepoint-uranium-group-incSign up for Crux Investor: https://cruxinvestor.com

“If you're hunting for a uranium deposit, this is what you need to see ... we continue to be well within a practical discovery timeline.” (Azincourt Energy CEO, Alex Klenman) If you believe in the future of renewable energy, then you are going to love this interview with Azincourt Energy because CEO Alex Klenman has been forecasting the rising price of Uranium ever since we started interviewing him. The price has moved from around $50/lb to over $100/lb and now stands at $87/lb.  This surge in uranium prices can be attributed to several factors. Firstly, after a decade-long slump, uranium prices are on the rise thanks to a global shift in support for nuclear energy and subsequent rising demand.  Additionally, uranium funds are raising hundreds of millions of dollars to buy uranium. MONSTROUS GROWTH OF ARTIFICIAL INTELLIGENCE DRIVING DEMAND FOR NUCLEAR However, the biggest “X Factor” that very few anticipated just 2 years ago, is the massive demand for energy being created by Artificial Intelligence. The staggering growth of AI is driving demand for the power that only uranium and nuclear energy can deliver.  How staggering?   1.  Over the past decade, the amount of computing power used to develop AI models has amplified by a factor of 10 billion (yes BILLION, that is not a typo) 2.  And it isn't stopping, with the amount of computing power needed to train AI is now doubling every six months. EVEN MICROSOFT IS PLANNING FOR A NUCLEAR FUTURE To meet the energy demands of AI, companies like Microsoft are hiring nuclear technology program managers to implement global Small Modular Reactor (SMR) and microreactor energy strategies. LOCATED AMONG THE WORLD'S LEADING SOURCE OF HIGH-GRADE URANIUM  Azincourt Energy controls a majority 86.1% interest in the 20,000+ hectare East Preston Uranium project, located in the Athabasca Basin, Saskatchewan, which is the world's leading source of high-grade uranium and currently supplies over 20% of the world's uranium.  The company has invested over CDN$3 million in exploration expenditures on the East Preston Project over the past three years. CEO Alex Klenman emphasizes that significant uranium discoveries in the Athabasca Basin, such as McArthur River, Key Lake, and Millennium, were primarily the result of drill testing of strong alteration zones related to conductor features, indicating promising prospects for East Preston. 2024 DRILL PROGRAM HAS BEGUN  Mobilization of equipment and crew has begun, with a focus on up to 1,500 meters of drilling across five holes. Trevor Perkins, VP Exploration, reiterates the significance of the 2024 drill targets, stating "Following up the clay alteration in the K- and H- Zones is a high priority. This alteration is what would be expected where a uranium deposit is present." AT THE FOREFRONT OF UNCOVERING THE NEXT FRONTIER OF URANIUM RESOURCES  With a strategic focus on high-potential targets and a comprehensive exploration approach, Azincourt Energy has the potential to uncover substantial uranium resources in the Athabasca Basin. Watch this powerful interview with Azincourt Energy CEO Alex Klenman to learn more. 

ADF support has been approved for at least three other NT remote communities, but no further evacuations have been ordered at this stage.

See omnystudio.com/listener for privacy information.

Borroloola residents evacuated as McArthur River floods to record levels. ERA applies to extend lease on Jabiluka uranium mine against traditional owners' wishes.

Groote Eylandt wharf "severely damaged" by manganese ship during Cyclone Megan. McArthur River expected to surpass record flood level. 

Cyclone Megan intensifies in the Gulf of Carpentaria. Groote Eylandt wharf damaged, McArthur River mine prepares for wind and rain. 

Interview with James Sykes, President & CEO of Baselode Energy Corp.Our previous interview: https://www.cruxinvestor.com/posts/baselode-energy-tsxvfind-junior-sitting-on-a-district-scale-uranium-jackpot-4517Recording date: 24th January 2023Baselode Energy is an aggressive uranium explorer assembled by sector veterans to capitalize on rising uranium prices. The company boasts a commanding land position targeting shallow, high-grade ore bodies in Saskatchewan's uranium-rich Athabasca Basin. Its properties cover interpreted basement geology with structural similarities to existing major deposits, like McArthur River and Key Lake.Unlike most competitors fixated on incredibly high-grade unconformity deposits buried 500+ meters downhole, Baselode deliberately pursues much shallower 350 meter or less targets in basement rocks beyond the Basin's edges. This Athabasca 2.0 strategy prioritizes finding near-surface open pit amenable ore bodies with lower mining costs and faster development timelines.The thesis already yielded a hit in September 2021 with Baselode uncovering its ACKIO prospect. ACKIO revealed 9 discrete high-grade uranium pods over a zone more than 375 meters long and 150 meters wide. Mineralization starts as shallow as 28 meters below surface. Assays graded up to 5.08% U3O8 over 0.35 meters, including 24.4% U3O8 over 0.1 meters.CEO James Sykes believes plenty more near-surface deposits await discovery on Baselode's properties, citing Athabasca's extensive and largely untapped basement potential. He draws comparisons to Cameco's Fox Lake deposit and NexGen's Arrow discovery proving major mineralized basement systems exist beyond perceived basin boundaries. Integrating modern interpretations of basement structural controls with geophysics and drilling helps pinpoint targets.To test ideas systematically, Baselode fields one of the basin's largest exploration plays at 250,000+ hectares all consolidated into a single package. Properties encompass 80 kilometers of favorable stratigraphy with walk-up drill targets and expansion potential around older discoveries. The portfolio offers immense running room to pursue Athabasca 2.0 discoveries.Well funded after a November 2023 capital raise, Baselode has aggressive 2024 plans. A 2,000 meter drill program launches mid-February, testing 5 basement targets exhibiting compelling geophysical signatures of structurally disrupted corridors like ACKIO. More programs will follow evaluating deeper targets and regional prospectivity.With superior leverage to rising uranium prices through cost-effective mining optionality and buyouts, Baselode presents a compelling risk/reward opportunity. Its impressive exploration package and credentials also suggest rival takeover potential as basin consolidation accelerates. Upside remains substantial for investors buying at current levels.—View Baselode Energy's company profile: https://www.cruxinvestor.com/companies/baselode-energySign up for Crux Investor: https://cruxinvestor.com

The Guys in the Gulf are offically back for 2024! Mikey and Ash have a bit of a wet season catch up and talk about what's coming up this year.Here is the link to river heights we spoke about during this episode (it's for the whole NT, but you can find the McArthur River on this page) http://www.bom.gov.au/cgi-bin/wrap_fwo.pl?IDD60022.htmlLinks to more Guys in the Gulf ContentMore content on Facebook - www.facebook.com/guysinthegulfpodcastWatch our podcast on YouTube - www.youtube.com/@GuysintheGulfPodcastSupport us on Patreon - www.patreon.com/GuysintheGulfPodcast"Gulf Mud Crabbers" Music Playlist on Spotify - Gulf Mud Crabbers PlaylistEven more linksMikey's YouTube Channel - www.youtube.com/@MikeyCunninghamFishingAsh on TikTok - www.tiktok.com/@kingashcrabber Hosted on Acast. See acast.com/privacy for more information.

Azincourt Energy is developing critical alternative energy projects and currently exploring for uranium in Saskatchewan's Athabasca Basin, targeting Canada's next uranium discovery. They are one step closer to that distinction having completed a Winter 2023 drill program at their flagship East Preston project. Azincourt recently announced the acquisition of a Lithium project in Newfoundland that diversifies exploration potential while providing multiple projects allowing for year round exploration activities and discovery opportunities. Azincourt Energy's extensive drill program for the winter of 2022-2023, consisted of 3,066 metres in 13 drill holes. Two drill rigs were able to complete 12 drill holes focusing on 4 zones, continuing to evaluate the alteration zones and elevated uranium identified during the 2022 drill campaign. The drilling has confirmed that the geophysical conductors comprise structurally disrupted zones hosting accumulations of graphite, sulphides, and carbonates, with hydrothermal alteration, anomalous radioactivity, and elevated uranium present in these zones. Azincourt considers the drilling results to date to be significant, as major uranium discoveries in the Athabasca Basin such as McArthur River, Key Lake, and Millennium were primarily the result of drill testing of strong alteration zones related to conductor features. The decision to explore for uranium is driven by the increasing global demand for clean energy and the stronger demand for uranium than available supply, resulting in a stable price environment and economic incentives for exploration. With approximately 50 reactors under construction worldwide and a reduction in overall mining production, the pressure on available supply provides confidence for companies seeking to make a significant discovery. Saskatchewan, with its rich history of uranium production and uranium grades up to 10 to 100 times the world average, presents a favorable environment for exploration and economic discoveries. What makes Azincourt even more compelling from a shareholder perspective is that they are in a position to double down on potential discoveries with the recent acquisition of the Big Hill Lithium project from Atlantis Battery Metals. Azincourt Energy is now well-positioned to explore and develop not only uranium but also lithium projects, leveraging the expertise and experience of the Atlantis Battery Metals team. The option agreement and the involvement of Mr. Nick Rowley and Mr. James Abson, with their extensive backgrounds in marketing, sales, corporate advisory, and mineral exploration, are expected to bring valuable insights and technical expertise to accelerate the exploration efforts. The company also boasts 3rd party validation through institutional ownership of up to 30%, indicating strong support from institutions and viable projects to attract funding. Azincourt Energy's vision of making a major uranium discovery in Canada is backed by institutional confidence, making it an exciting opportunity for shareholders and investors alike. The 2023 drill program at the East Preston project is a significant step forward in Azincourt Energy's pursuit of critical alternative energy projects and have now doubled their chances of a significant Critical Minerals discovery with the addition of the Big Hill Lithium project.

Terra Uranium (ASX: T92) executive chairman Andrew Vigar joins Small Caps to discuss the company's upcoming ASX listing and its plans for its three wholly-owned uranium projects in Canada's renowned Athabasca Basin. Mr Vigar says the company's strategy is to make a similar discovery to the existing tier one deposits in the basin including Cameco's McArthur River and Cigar Lake mines. Terra's assets are within the eastern Athabasca Basin and cover 775sq km. Article: https://smallcaps.com.au/terra-uranium-launches-ipo-explore-prolific-athabasca-basin/ For more information on Terra Uranium once listed: https://smallcaps.com.au/stocks/T92/See omnystudio.com/listener for privacy information.

Baselode Energy Corp is a Canada-based uranium exploration company. The Company is focused on discovering near-surface, basement-hosted, high-grade Uranium orebodies outside of the Athabasca Basin. looking for the next world-class deposit in the Athabasca Basin area of northern Saskatchewan, Canada. The Company's projects include Shadow project, Hook project, and Catharsis project. Shadow project is located in Northern Saskatchewan, the Virgin River Shear Zone and its property encompass approximately 46,000 hectares along the Virgin River Shear Zone 30 kilometers (km) south of the Athabasca Basin margin. Hook project is located 40 km southeast of the McArthur River mine, 60 km northeast from the Key Lake uranium mill, and 16 km west of all-season Provincial highway 905 and powerlines. Catharsis is located 75 km southwest of the Key Lake uranium mill. The Company's Athabasca 2.0 is located in Saskatchewan, Canada, the Athabasca Basin area hosts the highest-grade uranium deposits.

92 Energy is an ASX Listed exploration company exploring for high-grade unconformity-related uranium in the Athabasca Basin, an area that has some of the largest and highest-grade uranium deposits in the world, including the Cigar Lake and McArthur River mines.92 Energy has five uranium project areas in the Athabasca Basin region - Gemini, Tower, Clover, Powerline and Cypress River.

92 Energy (ASX: 92E) chief executive officer Siobhan Lancaster joins Small Caps to discuss the company's exploration plans at its Gemini uranium project and other assets in Canada's Athabasca Basin. The company recently completed a 19-hole program at the project that focused on the GMZ discovery, with a handheld scintillometer confirming elevated radioactivity on site. Gemini is close to Cameco's majority owned McArthur River project, which is the world's largest high-grade uranium deposit.Articles:https://smallcaps.com.au/92-energy-intersects-highest-radioactivity-levels-gemini-uranium-project/https://smallcaps.com.au/92-energy-hits-elevated-radioactivity-athabasca-basin-uranium-project/For more information on 92 Energy:https://smallcaps.com.au/stocks/92E/

CanAlaska Uranium Ltd. is an exploration stage company engaged in the acquisition and exploration of mineral properties in Canada. The Company focus on the exploration for uranium deposits in the Athabasca Basin area of Saskatchewan and the exploration for copper/nickel in the same region. The Company operates approximately 16 projects within the Athabasca basin area. The Company operates on over three significant projects, which include West McArthur Project, Saskatchewan - Cameco, Cree East Project, Saskatchewan - Korean Consortium and NW Manitoba, Manitoba. The Company's other projects include Western Athabasca Kimberlite, Moon, Manibridge, Hunter, Quesnel, Thompson Nickel Belt/Strong, NE Wollaston, McTavish, Alberta Diamond, Waterbury, Resting, Halfway Lake, and North Millennium. The West McArthur project is located between six and 30 kilometers west of the producing McArthur River uranium mine and covers approximately 36,000 hectares.

92 Energy is an ASX Listed exploration company exploring for high grade unconformity related uranium in the Athabasca Basin, an area that has some of the largest and highest grade uranium deposits in the world, including the Cigar Lake and McArthur River mines.92 Energy has five uranium project areas in the the Athabasca Basin region - Gemini, Tower, Clover, Powerline and Cypress River.

Baselode Energy Corp is a Canada-based uranium exploration company. The Company is focused on discovering near-surface, basement-hosted, high-grade Uranium orebodies outside of the Athabasca Basin. looking for the next world-class deposit in the Athabasca Basin area of northern Saskatchewan, Canada. The Company's projects include Shadow project, Hook project, and Catharsis project. Shadow project is located in Northern Saskatchewan, the Virgin River Shear Zone and its property encompass approximately 46,000 hectares along the Virgin River Shear Zone 30 kilometers (km) south of the Athabasca Basin margin. Hook project is located 40 km southeast of the McArthur River mine, 60 km northeast from the Key Lake uranium mill, and 16 km west of all-season Provincial highway 905 and powerlines. Catharsis is located 75 km southwest of the Key Lake uranium mill. The Company's Athabasca 2.0 is located in Saskatchewan, Canada, the Athabasca Basin area hosts the highest-grade uranium deposits.

92 Energy (ASX: 92E) CEO Siobhan Lancaster joins Small Caps to discuss the company's recent uranium discovery at its Gemini project, where a 0.5m sub-interval graded 3,600ppm uranium. 92 Energy is exploring for high-grade, basement-hosted unconformity uranium across several projects in the same Athabasca Basin that hosts Cameco's Cigar Lake and McArthur River mines. Ms Lancaster points out 92 Energy has a highly experienced team actively exploring at a time when demand is expected to rise and in a region that hosts some of the world's highest-grade and lowest-cost uranium deposits.Articles:https://smallcaps.com.au/capital-raising-92-energy-progress-exploration-gemini-uranium-project/https://smallcaps.com.au/new-appointments-strengthen-92-energy-presence-canada-uranium-market/https://smallcaps.com.au/92-energy-makes-uranium-discovery-gemini-project/For more information:https://smallcaps.com.au/stocks/92E/

CanAlaska Uranium Ltd. is an exploration stage company engaged in the acquisition and exploration of mineral properties in Canada. The Company focus on the exploration for uranium deposits in the Athabasca Basin area of Saskatchewan and the exploration for copper/nickel in the same region. The Company operates approximately 16 projects within the Athabasca basin area. The Company operates on over three significant projects, which include West McArthur Project, Saskatchewan - Cameco, Cree East Project, Saskatchewan - Korean Consortium and NW Manitoba, Manitoba. The Company's other projects include Western Athabasca Kimberlite, Moon, Manibridge, Hunter, Quesnel, Thompson Nickel Belt/Strong, NE Wollaston, McTavish, Alberta Diamond, Waterbury, Resting, Halfway Lake, and North Millennium. The West McArthur project is located between six and 30 kilometers west of the producing McArthur River uranium mine and covers approximately 36,000 hectares.

92 Energy (ASX: 92E) chief executive officer Siobhan Lancaster joins Small Caps to discuss the company's uranium strategy in the world's highest grade uranium district – the Athabasca Basin in Canada.The basin hosts Cameco's Cigar Lake and McArthur River operations as well as NextGen Energy's Arrow deposit.Ms Lancaster says the timing is right for a new uranium explorer in the region with its five prospective projects and highly experienced team.

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market: Glencore’s major expansion plan for the McArthur River zinc mine has been approved by the state government of Northern Territory in Australia The Democratic Republic of the Congo's Entreprise Générale du Cobalt (EGC) has signed an off-take agreement with Trafigura AXA XL Insurance has promoted Nicola Harris to Head of Energy, UK & Lloyd’s market Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.

Bakes’ Takes Podcast Show Notes –Saturday July 18, 2020 :24 1) Top 10 reasons I invested in Uranium (URNM, URA)!:32 2) Fan questions/topics!:38 3) Family Guy! :50 Bakes’ Takes—Uranium, Charmingly laconic! Please do (and share) your due diligence, reminds me of oil and gas, titanium, potash, etc. 2:00Charts! 2:16 URNM-Daily, Volume 10x+ above normal! NH’s! URNM—Monthly, Volume! NH’s! 3:15 URA— Daily, Volume 4x+ above normal! NH’s! 3:41 URA—Monthly, $140 to $11 4:11Fukushima 3/11, Japan reactors 48 down to 6, demand for 25 mil pounds of U gone, 9 years later supply demand in balance? 4:50Bear story—inventory last years, seems unlikely, should be depleted by 2021 5:26Part of green solution, vs. problem 5:472 shut in mines-Cigar Lake, McArthur River, and others brought supply down 23% since 2016 6:07Showing up in price $140 down to $24 up to $34 6:436-8 years to develop new large mine-NexGen? 2 years to convert and enrich into fuel, long trend 7:28Need $70 to incentivize future production, long term contracts8:03Nuclear reactors up (highest in 25 years), demand up 1.5%/yr. 8:39I mentioned the charts, right? 8:46 Bakes’ Take on Uranium (thus far)—Battleship has turned, always looking for your data points, insights 9:26Please send top 3 bull points, 3 bear arguments! 9:41New theme-3 bull, 3 bear next week!—Mine? Yours? 9:58 Bakes’ Take—Podcasts of the Week! https://open.spotify.com/episode/53JJCSXFgyd6obKGl4FBHtDaren Heitman, Chris Gillespie—Their bullish inventory thesis—covered some in my Top 10,  consume 200 mil pounds a year, takes 2 years to convert and enrich?, Inventory=1.4b pounds, so 5 years of safety stock, 3/11 Fukushima 25 mil pounds 7 years=175 mil pounds, Cameco, Kazatomprom—COVID 45 mil extra pounds now used up, need 25 mil pounds starting next year, next 12 months, out of mobile inventory, peak $140, Cigar Lake, McCarthur not coming back on line until U is $40-50’s 13:41 Bakes’ Takes—Fan Mail! Calls! Questions! Mike Murph, NY-- what makes you choose 1 ETF over another if they track the same thing (SPY vs VOO vs IVV)? expense ratio main factor? .095% .03% .04% Or do you focus more on the liquidity? 95 mil, 4 mil, 5 mil Thank you again for your advice and help. Matters little, Nike—just do it 16:04 Charlie, PA-- Thanks for the reading list and the shout out! As always I appreciated this week's podcast/video and am looking forward to next week's. With regards to website suggestion; one thing I find most financial news outlets fail to prioritize and explain well is the key economic data that gets released on a quarterly, monthly, or even weekly basis (machine tool orders, unemployment claims, ADP payroll data, etc). implications were for financial markets and even various sectors, it would be extremely valuable! Despite being such significant catalysts, I feel as if these metrics do not get enough media coverage. 17:39 Bakes’ Takes-for bonds/FI maybe, for stocks I have never seen anyone profit from economic data to stock selection 18:47 Bobby, VA—How build diversified portfolio?Bakes’ Take—dovetails w/ Murph’s question, SPY and ROW portfolio (Davis?), 401(k) max or retirement plan, tax free until withdraw My insights after that done—ie. URNM, etc. Ladies-the boys are hogging the mike please chime in! 21:37 Jack—COVID trials, rules different for them but… Phase I Phase II  Phase III  25:15 Bakes’ Take-Chart Mania! Tweets of the Week! Tweet-Tavi Costa, SLVP extended, alert for pullback 25:50 Bakes’ Take—Reporters of the Week! https://www.economist.com/middle-east-and-africa/2020/07/18/the-end-of-the-arab-worlds-oil-age-is-nighJul 18th 2020BEIRutTheir budgets don’t add up anymore. Algeria needs the price of Brent crude, an international benchmark for oil, to rise to $157 dollars a barrel. Oman needs it to hit $87. No Arab oil producer, save tiny Qatar, can balance its books at the current price, around $40 (see chart).  29:25 Please subscribe, review and share my Bakes’ Takes Podcast on Apple, Spotify or your preferred platform. Please also subscribe to my Bakes’ Takes YouTube Channel, the audio is the same but the charts that I reference are on the screen. Follow us on Twitter @BakesTakes_ and other social media. Please use your voice memo app, tape your question(s) and email to bakes@bakestakespodcast.com or write if you prefer. I will also keep you anonymous is you’d like.Thank you for listening, Mike Wilson is my producer. Have a great week. Bakes 29:54 Much needed levity—Family Guy, Big Bang Theory!https://www.youtube.com/watch?v=OmKJ0qwGJDI&list=PLCuG7PpjzYKyQIuLzUukxnJp4XqZ9pFx7

Interview with Peter Dasler, President & CEO of CanAlaska Uranium Ltd. (TSX-V:CVV)CanAlaska Uranium is a uranium-focussed explorer in and around the Athabasca Basin. The company also has a nickel project that it has farmed out. With C$1.5M, CanAlaska has been doing what most uranium juniors have been for the last few years: hunkering down and waiting for the market to turn. Dasler also regards CanAlaska as a project generator: what does this mean?Dasler explains that CanAlaska has 3 uranium strategic partners: Cameco, Denison and, Northern Uranium. The company owns 500,000 acres of land across 12 projects. The most significant recent event is the discovery of high-grade uranium at the West McArthur property, in addition to the nickel JV and potential fundraising effort to drill West McArthur.A project generator and explorer? Dasler claims he and his team have been explorers for the last 40-years. In 2004, when the team took a look at the uranium market for the first time, the team acquired some uranium projects in the basin. CanAlaska was rapidly approached by other groups to share the projects, which created the project generation description of the company. The focus has always been on finding a new uranium zone akin to McArthur River or Cigar Lake. With 2.5M acres of land, this was sufficient to bring in strategic partners from Korea, subsidies by the Korean government. Mitsubishi Corporation also funded exploration on CanAlaska's properties.CanAlaska Uranium only has a market cap of c. C$9M, but is sat on a huge land package. Should it be worth more, especially with the kinds of partners that are involved? Dasler believes the company is significantly undervalued and the true value will be revealed when the nuclear fuel industry starts buying more uranium: "it is early days, now is a good time to get in." The company has struggled since 2016. Dasler states the key to adding value will be finding more investors in the resource industry. He claims crypto and marijuana returns in the last few years have been much larger than what natural resources can offer, but this is now changing.CanAlaska is currently sat on C$1.5M cash and has cut back a number of costs, like most uranium juniors. How can Dasler shake up the kinds of deals CanAlaska is negotiating? Investors won't want to see more of the same. Investors will want to see bigger positions in JVs, more cash upfront and more authority across the board. Dasler states he is reaching more people than he has reached in the last 5 years because of recent promising developments in the uranium space. Will these new conversations change things? Dasler states he doesn't need to change the model "at all." He states a rising uranium market will solve CanAlaska's problems. He says COVID-19 has made the uranium waiting games a hot potato, and he thinks the utility companies will blink first, "once you get this thing rolling, it will move VERY quickly."Dasler believes the capital will be made available to CanAlaska for exploration because the company is in a similar position to where uranium-giant NexGen was 7-years ago. Are these comparisons valid? CanAlaska has been around longer than NexGen but Dasler states the uranium mineralization ("halos of uranium" and "long intercepts") and size of the project are highly comparable. Investors will want to see CanAlaska prove the nature of this "tier-1 type" uranium target. Dasler claims it looks like McArthur River or Cigar Lake and will be hit in the first planned drill programmes this summer; there are only currently a dozen holes in the structure.  Company Page: http://www.canalaska.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor

In today's episode, Marcelo Lopez spoke with Alex Molyneux, a senior executive and investor in natural resources, who today acts as an advisor to an investment fund solely focused on capturing opportunities in the uranium market. Having already held various executive positions in companies in the sector, as he himself explains, he is able to have a deeper technical understanding of uranium particularities, such as operational issues, production, licensing and jurisdiction, which gives him a different approach when investing. Alex Molyneux curriculum gives him credibility to talk about uranium. After a decade working as a specialist mining investment banker at large banks in locations such as Melbourne, Beijing, London and Hong Kong, he took up executive positions in publicly traded mining companies, founded a uranium mining company, Azarga Uranium, and held the position of CEO of Paladin Energy during its restructuring phase. Asked about what he considers important in the pursuit of investment objectives in the sector, Alex talked about what aspects he prioritizes in the analysis and comments on what his expectations for the price of uranium are. Marcelo asks about the recurring assertion that excess inventory is putting pressure on the commodity and it is responsible for the current low price. Alex Molyneux draws up a detailed explanation of different types of inventory, such as those held strategically by governments and those held by utilities. He also talks about the trends he observes and the perspectives he has for each type of inventory, as well as the impact of this on the market. Alex also comments on the long-term contract maturities and the uncovered demand for nuclear power generators with the insight of someone who was the main executive of the world's second largest pure-play uranium company. When questioned as to why utilities are not taking advantage of low prices to buy more uranium, Alex clarifies how they deal with price and what actually motivates them to enter into contracts. He draws a parallel to the latest bull market and lists the factors that are influencing the current scenario. Alex Molyneux then gives his insight into the relevance of the Separative Work Units (SWUs) and what the price and volume dynamics of the spot and long-term market should look like from now on. What price range is required for the start up or ramp up of production projects? How long will it take to reactivate the McArthur River mine? Will there be an overshooting in the price? Is it possible to cover the production deficit in the coming years? Alex gave his opinion about all of this. When it came to KazAtomProm, Alex gave his point of view on the company’s production costs, capex, and the impact the exchange rate has on the company's decisions. He also talked about the role KazAtomProm has as an asset to compose a uranium-focused portfolio. Finally, Molyneux, who has worked as an investment banker focusing on mining, discusses the challenges that uranium producers could encounter if they need to obtain funding to bring projects online. To know more about L2 Capital Partners, please check out our website! The L2 Capital Podcast focuses on potential opportunities in the market, and brings to you industry leaders and intelligent conversation about their respective areas of expertise.

Questions have been raised over the consultation process used by big oil and gas companies, as the resumption of fracking looms in the Top End.

Questions have been raised over the consultation process used by big oil and gas companies, as the resumption of fracking looms in the Top End.

Ben gives his analysis on uranium producer Cameco halting production at McArthur River mine. Follow on Twitter: https://twitter.com/TuskMediaLLCPlease see disclosures.

Mega resources corporation Glencore is sacking workers and reducing production at its zinc mine at the McArthur River in the Gulf of Carpentaria and leaving an environmental mess. Is this the future for Australian mining? Unions came out to support Refugees on Sunday Oct 11 and Tim Gooden from the Geelong Trades Hall talks about how he helped secure economic security for a young Tamil Refugee's family after he did not survive the trauma of Immigration Department moves to return him to Sri Lanka.

A win! On this episode we discuss the successful campaign to save parklands in Brimbank with Ken Mooney. We also talk about the future of the park - stay tuned to the program to hear how you can get involved in the future. Next we have a short interview with Garawa elder Uncle Jacky Green about the McArthur River copper and zinc mine and how it's affecting his people.Finally we have Dave Sweeney from the Australian Conservation Foundation on to talk about all things nuclear and the environment.

Leadfish and shale gas: resistance in the Northern TerritoryNear Borroloola, NT, the McArthur River Mine continues it's scandalous modus operandi by failing to deal with toxic discharge contaminating the river and the smouldering pile of waste rock. Documents recently obtained via freedom of information legislation reveal the Northern Territory Government's conclusion that to manage the smouldering waste rock pile, the McArthur River Mine must backfill the pit and cease mining.The cowboy operator continues to defy the law, digging itself into further debt and threatening local Traditional Owners with the removal of services if they protest the mine. Having lost the food resource of their river due to lead contamination, the Borroloola Traditional Owners are calling for the mine to be shut down and fully rehabilitated.Conrad Rory and Lauren Mellor also tell us about the cross-movement meeting organised by US activist and author Naomi Klein, which they attended.Resistance to shale gas fracking is heating up with remote communities united by the Northern Territory Frack Free Alliance. Tanya Hall tells us more.Guests:Conrad Rory, Traditional Owner for Borroloola, NT and member of the Sandridge Band.Lauren Mellor, Environment Centre NT.Tanya Hall, Frack Free NT.Photo: Traditional Owners cross over the contaminated McArthur River at the Borroloola Frackdown, an international day of protest against fracking in October 2014.