Podcasts about Orano

Interview with Philip Williams, Director & CEO of Iso Energy Ltd.Our previous interview: https://www.cruxinvestor.com/posts/isoenergy-tsxiso-nyse-listing-on-horizon-as-company-expands-athabasca-basin-drilling-6792Recording date: 25th April 2025IsoEnergy, led by CEO Philip Williams, has established itself as a diversified uranium explorer and developer with a portfolio spanning Canada, the United States, and Australia. The company is advancing its flagship Hurricane project in Canada's Athabasca Basin, which boasts an exceptional resource of 48.6 million pounds at 34.5% grade, making it one of the highest-grade uranium deposits globally.The Hurricane deposit's value extends beyond its impressive grade. Strategically located in the eastern Athabasca Basin near existing infrastructure, including the McClean Lake mill, the deposit continues across a property boundary onto land owned by Cameco and Orano. Recent drilling has revealed promising results, with elevated radioactivity detected in multiple locations, including a significant intercept 2.8 kilometers from the main deposit.Williams employs a "fried egg" analogy to describe their exploration approach: "In the center of the egg is the ultra-high grade. And as you get to the outside of the egg, when you move out of the yolk into the whites, that's where you have lower grade." Recent findings suggest they've identified the "whites" of potentially new deposits and are now searching for the high-grade "yolks."Beyond Hurricane, IsoEnergy owns past-producing uranium mines in the United States that could restart within 3-6 months when market conditions improve. These conventional mines offer significant operational flexibility, as Williams notes: "You can turn them on, turn them off, batch mine them," unlike larger projects requiring substantial capital investment.With $50 million in cash and a $30 million equity portfolio, IsoEnergy is well-positioned to advance its business plan despite market volatility. The company's diversified strategy reduces the risks associated with single-asset, single-jurisdiction uranium companies.Williams highlights a fundamental disconnect in the uranium market: "It costs more marginally to produce uranium than it's trading at right now. So at some point the rubber will hit the road." He believes an eventual price correction is inevitable as producers cannot sustain losses indefinitely.IsoEnergy's ultimate vision is to build a robust, diversified uranium producer delivering shareholder returns across multiple timeframes. As Williams concludes, "In uranium, if you want to be a relevant long-term bigger player, you need to have multiple assets" – a strategy that positions IsoEnergy to weather the sector's volatility while capitalizing on expected long-term growth in uranium demand.View IsoEnergy's company profile: https://www.cruxinvestor.com/companies/isoenergySign up for Crux Investor: https://cruxinvestor.com

Beurtwater word vandag op Arandis ingestel aangesien ‘n swaelopwelling in die see NamWater se watervoorsiening van die Orano-ontsoutingsaanleg onder druk plaas. Reservoirvlakke op Arandis het tot onder 30 persent geval, terwyl dié op Swakopmund minder as die helfde is. Beurtwater in Arandis sal tot Vrydag duur. Kosmos 94.1 Nuus het die woordvoerder van NamWater, Lot Ndamanomhata, vir meer besonderhede gevra:

Interview with David Cates, President & CEO of Denison MinesOur previous interview: https://www.cruxinvestor.com/posts/denison-mines-tsxvdml-bullish-fundamentals-set-stage-for-denison-to-thrive-4876Recording date: 6th March 2025Denison Mines (TSX: DML, NYSE American: DNN) is making significant progress on its Wheeler River Project, positioning the Phoenix deposit to become Canada's first in-situ recovery uranium mine with production targeted for the first half of 2028.The company has completed substantial technical de-risking work and is now in the final regulatory stages. Canadian Nuclear Safety Commission hearings are scheduled for October and December 2025, with potential approval expected in early 2026, which would allow construction to begin shortly thereafter.According to CEO David Cates, the Phoenix deposit is projected to produce 7-9 million pounds of uranium annually during its first five years of operation, decreasing to 3-5 million pounds in the latter five years of its 10-year mine life. Beyond Phoenix, Denison's Gryphon deposit at Wheeler River could extend the combined mine life to approximately 15 years, maintaining an average annual production of 7-9 million pounds.Denison distinguishes itself from competitors through its debt-free status and strong balance sheet. Cates indicated the financing strategy would focus on "credit-related instruments" rather than equity raises, aiming for "minimal to no equity dilution" for shareholders.The CEO expressed skepticism about many announced uranium projects in the sector, emphasizing the challenges in assembling qualified teams and securing necessary permits. Having worked on Phoenix since 2019, Cates believes many competitor timelines are unrealistic: "I'm not sure how you go from being a staff of two people or three people in a company to all of a sudden having the team that can engineer and build and then execute one of these projects and do it in the next two years."While the uranium spot price has experienced recent volatility, Cates emphasized that most uranium volumes are traded in the long-term market, which has maintained strength. He views the current market conditions as creating potential buying opportunities, with equity valuations showing a "massive disconnect" from the fundamental supply-demand imbalance.Beyond Phoenix, Denison is advancing other projects, including a partnership with Orano on the Midwest project and work with Korea Hydro & Nuclear Power on the Waterbury Lake THT deposit. The company aims to position itself as a "high-margin intermediate producer" in the 5-10 million pound annual production range, focusing on quality projects in the Athabasca Basin rather than pursuing market share through lower-margin assets.View Denison Mines' company profile: https://www.cruxinvestor.com/companies/denison-mines-corpSign up for Crux Investor: https://cruxinvestor.com

Tom Zoellner, award-winning writer and Chapman University professor, joins AMSEcast to discuss his book Uranium: War, Energy and the Rock that Shaped the World. He and Alan discuss the discovery of uranium, its radioactive nature, and its historical impact. Once dismissed as worthless by miners, uranium became vital to energy and warfare. The U.S. uranium rush peaked in the 1950s but has since declined. Today, uranium enrichment is expanding in the U.S., with major players like Orano investing in Oak Ridge.     Guest Bio Tom Zoellner is an award-winning writer and the author of nine books, including Uranium: War, Energy and the Rock that Shaped the World. His work has appeared in The Atlantic, Time, and Scientific American, among other publications. A former staff writer for The Arizona Republic and The San Francisco Chronicle, Tom brings deep expertise in history, science, and investigative journalism. He currently teaches at Chapman University and serves as editor at large for the Los Angeles Review of Books.       Show Highlights (1:28) Why is uranium radioactive and what does that mean? (3:09) How uranium was discovered (5:51) The American uranium rush (9:13) Where the uranium used in the Manhattan Project came from (11:17) How uranium supplies and facilities that use them around the world are controlled (13:35) How the nation of Georgia became the crossroads for uranium smuggling (15:29) Where uranium is currently being enriched and how it affects national security (18:02) What's next for Tom Zoellner     Links Referenced Uranium: War, Energy and the Rock that Shaped the World: https://www.amazon.com/Uranium-Energy-Rock-Shaped-World/dp/0670020648

Le président de l'Ouzbékistan, Shavkat Mirziyoyev est en visite d'État à Paris ce mercredi 12 mars 2025. Une visite, tout sauf anecdotique, car, derrière elle, se cache des enjeux économiques très importants entre les deux pays. Décryptage. Il faut bien l'avouer, la France et l'Ouzbékistan ne sont ni pour l'un, ni pour l'autre, des partenaires commerciaux de premier plan, mais ils échangent tout de même. Paris est ainsi le seizième partenaire commercial de ce pays d'Asie centrale dont la capitale est Tachkent, restant ainsi un fournisseur secondaire très loin derrière la Chine, la Russie et le Kazakhstan qui occupent le podium. Les deux échangent cependant tout un tas de choses ! En 2023, la France exportait pour 621 millions d'euros. Une tendance à la hausse puisque c'est cinq fois plus qu'en 2019. L'industrie française envoie des avions, des parfums, des cosmétiques, des produits pharmaceutiques ainsi que des machines et des équipements notamment agricoles. Il en sera d'ailleurs question durant cette visite d'État. À lire aussiEn 2023, lors d'une visite en Ouzbékistan, Emmanuel Macron a cherché à sécuriser l'approvisionnement en uranium de la FranceLe poids de l'uranium Mais l'Ouzbékistan pour sa part exporte peu vers la France, pour autant 90% de ses exportations correspondent à des livraisons de composés d'uranium. Autant dire la quasi-intégralité. C'est là que ça devient intéressant pour Paris et l'Élysée n'y va pas par quatre chemins en affirmant que cette visite d'État du président ouzbek est notamment consacrée « au renforcement de la coopération sur les métaux rares et stratégiques ». L'uranium en fait évidemment partie et il est grandement utile à la souveraineté énergétique tricolore puisqu'il fait fonctionner les centrales nucléaires. Paris pourrait ainsi trouver une alternative aux exportations nigériennes, le géant français Orano ayant suspendu son activité d'extraction au Niger, Orano qui opère d'ailleurs déjà en Ouzbékistan. La région attire De l'autre côté, l'ancienne république soviétique voit en la France une alliée idéale dans sa métamorphose. Le pays connait une croissance aux alentours de 6% par an, sa démographie explose et surtout, Tachkent veut réduire sa dépendance au gaz d'une part, et à la Russie d'autre part.À lire aussiConfronté à une grave crise énergétique, l'Ouzbékistan va importer du gaz russe La France est ainsi une solution car elle possède le savoir-faire et les technologies pour relever ce défi avec ses champions, par exemple, pour la transition énergétique que souhaite opérer l'Ouzbékistan. EDF qui est le plus gros investisseur tricolore dans le pays, à hauteur d'un milliard d'euros, a deux projets en cours de centrales thermiques. Total Energies a ouvert une centrale solaire photovoltaïque. En tout, ce sont une cinquantaine d'entreprises qui sont implantées dans l'ancienne république soviétique.   Mais il n'y a pas que la France qui est intéressée et qui intéresse l'Ouzbékistan. Plus largement c'est l'Asie centrale qui attire la France et les pays occidentaux. Le chancelier allemand Olaf Sholz s'y est rendu en septembre dernier pour des raisons à peu près similaires. On l'a donc bien compris, les deux pays ont beaucoup à gagner à s'entendre et cette visite d'État en est l'illustration. Nul doute que des contrats seront signés dans les prochaines heures entre la France, l'Ouzbékistan et leurs grandes entreprises nationales ! 

Interview with Chris Frostad, President & CEO of Purepoint UraniumOur previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-isoenergy-partnership-unlocks-district-potential-in-athabasca-basin-6109Recording date: 21st February 2025Purepoint Uranium Group (TSXV:PTU) is employing a distinctive joint venture strategy to explore for uranium in Saskatchewan's Athabasca Basin. The company has partnered with major industry players including Cameco, Orano, and IsoEnergy, allowing it to conduct extensive exploration while minimizing shareholder dilution.The company's flagship project, Hook Lake, where Purepoint maintains a 21% stake alongside Cameco and Orano, has seen over $15 million in exploration investment. The property is strategically located on trend with significant uranium discoveries, including NexGen's Arrow deposit and Fission's Triple R. The 2025 program at Hook Lake will focus on the Patterson Corridor and newly identified conductor trends that may host a second major deposit.Purepoint's joint venture model offers unique financial advantages. For every million dollars spent on exploration at Hook Lake, Purepoint contributes $210,000 but receives back $100,000 in management fees for operating the project. This structure allows the company to conduct exploration at the scale of a much larger organization while maintaining financial efficiency.A recent development is Purepoint's joint venture with IsoEnergy, covering a 98,000-hectare land package in the Athabasca Basin. The flagship Dorado project, which extends along the trend of IsoEnergy's Hurricane deposit, has secured a $5 million exploration budget for 2025.CEO Chris Frostad maintains a bullish outlook on uranium markets, despite recent price volatility. While spot prices experienced a speculative surge to over $100/lb in 2023 before correcting, Frostad believes the market is only "halfway through this bull market," noting that the industry has been operating with a supply deficit for six years.The long-term fundamentals for uranium appear strong, with global demand exceeding primary mine supply for nearly a decade. Current mine supply covers only about 80% of reactor requirements, with the gap being filled by secondary supplies and inventories. This deficit is expected to become more acute as secondary supplies diminish and utility demand increases with the growth of nuclear power globally.Looking ahead, Purepoint is positioned to capitalize on rising uranium prices through its portfolio of exploration projects. The company's joint venture approach provides multiple opportunities for discovery while maintaining financial discipline. With several drill programs planned for 2025 and strong partnerships in place, Purepoint offers investors exposure to uranium exploration in one of the world's premier mining jurisdictions.View Purepoint Uranium's company profile: https://www.cruxinvestor.com/companies/purepoint-uranium-group-incSign up for Crux Investor: https://cruxinvestor.com

Interview with Sam Hartmann, VP Exploration of F3 Uranium Corp.Our previous interview: https://www.cruxinvestor.com/posts/f3-uranium-tsxvfuu-hitting-50-u3o8-at-flagship-jr-zone-at-athabasca-and-drilling-for-more-6335Recording date: 13th February 2025F3 Uranium (TSXV: FUU) is advancing its Patterson Lake North (PLN) uranium project in Saskatchewan's Athabasca Basin, building on its significant 2022 JR Zone discovery. The project gained further momentum in 2024 when drilling intersected 4.5 meters grading 50% U3O8 in hole PLN24-176, marking one of the sector's best drill results for the year.The JR Zone, a shallow, high-grade uranium deposit, currently extends along a strike length of 150-165 meters. VP Exploration Sam Hartmann highlights that the deposit features an "ultra high-grade core" of approximately 20% U3O8, which typically contains about half of the deposit's pounds - a pattern common in Athabasca Basin deposits.The company has outlined a comprehensive exploration strategy backed by a $5 million budget for 2025. The program focuses on three main priorities: expanding the JR Zone through step-out and infill drilling, exploring the A1B1 Trend northeast of the JR Zone, and testing new targets along the PW Trend in the southwestern portion of the property.F3 sees significant exploration potential beyond the JR Zone. According to Hartmann, uranium deposits in the region typically occur in multiple pods: "Whatever geological circumstance caused this mineralization in the shear zone, those similar circumstances would have existed elsewhere in these long structures."Particular attention is focused on the PW Trend, where the company is conducting ground geophysical surveys to refine drill targets. This area has seen limited historical drilling, with only four holes completed, none of which tested the main conductor target.The company's strategy aligns with broader uranium market dynamics. Current spot prices around $70/lb U3O8 remain below mine development incentive levels, and several major Athabasca Basin mines are approaching depletion, suggesting potential supply deficits in coming years.F3 Uranium is positioning the JR Zone as a potential satellite deposit to feed a central mill, rather than a standalone operation. This approach could make it an attractive acquisition target for larger uranium producers active in the region, such as Cameco or Orano.Looking ahead, F3 plans to maintain steady news flow through 2025 as it advances toward a maiden resource estimate at the JR Zone while simultaneously exploring additional targets across the property. The Athabasca Basin is known for hosting large uranium deposits exceeding 100 million pounds U3O8, and with continued exploration success, the JR Zone and surrounding targets could contribute significantly to the region's resource base.View F3 Uranium's company profile: https://www.cruxinvestor.com/companies/f3-uranium-corpSign up for Crux Investor: https://cruxinvestor.com

Le « Mining Indaba », l'incontournable rendez-vous des acteurs miniers, vient de se tenir au Cap, en Afrique du Sud. Sujet de taille cette année : la nouvelle donne dans les pays de l'AES. Les États de l'Alliance du Sahel se sont lancés dans un bras de fer, parfois brutal, avec les compagnies minières, afin de tirer davantage de revenus de l'exploitation des ressources du pays. Une situation qui questionne la continuité des activités en cours, et l'avenir des investissements. De notre envoyée spéciale au Cap,Au Mali, après la révision du Code minier, en 2023, Assimi Goïta entend « faire briller l'or », selon son expression, en employant la méthode forte. Trois cadres de la société australienne Resolute Mining, dont le PDG, ont été détenus puis relâchés, en novembre, sur fond de désaccord fiscal. Quatre employés du groupe canadien Barrick Gold sont, eux, toujours incarcérés, et l'entreprise a suspendu ses activités au niveau de sa très grande mine de Loulo Gounkoto, après la saisie de trois tonnes d'or.Le canadien s'est lancé dans une procédure d'arbitrage suite à l'échec de négociations. Pour son PDG, lui aussi sous le coup d'un mandat d'arrêt, Bamako prend le risque de faire fuir les investisseurs miniers. « Aucun des pays très bien dotés en minerais n'a reçu de gros investissements dans son économie sur les dix dernières années. Et pourtant ils continuent de vouloir augmenter les redevances », souligne Mark Bristow.Agenda nationaliste et prix de l'or au plus hautLe Mali n'est pas le seul à mener ce combat : le Burkina Faso menace de retirer aux multinationales leurs permis, une étape déjà franchie par le Niger qui a privé, l'année dernière, le groupe français Orano de son autorisation pour exploiter le site d'Imouraren. « On peut observer beaucoup de similarités entre le Mali, le Burkina et le Niger, et la tendance va au-delà du simple rééquilibrage des relations commerciales entre un État et des entreprises, décrypte Mamadou Coulibaly, du cabinet Satis Partners sur la scène du Mining Indaba. Dans ces trois pays, on a de gros défis sécuritaires, ce qui demande beaucoup de fonds pour y répondre, dans un contexte où l'aide de donneurs occidentaux s'est tarie. Et au-delà de tout cela, il y a la place que prend l'idéologie et les ambitions nationalistes que l'on peut observer chez ces dirigeants de transition. »D'autres sociétés parviennent, elles, à trouver un terrain d'entente avec ces régimes, à l'image de B2Gold. Grâce à un accord avec la junte malienne et un paiement de 30 millions de dollars, la compagnie canadienne continue à développer son site de Fekola, qui répond aux règles de l'ancien code minier. « Tout le monde fait face à des situations différentes, avec des projets aux passés divers, qui correspondent à différents codes miniers. Pour notre part, nous avons pu conclure cet accord très important avec le gouvernement en septembre. Donc, je dirais que les relations sont très bonnes. Le gouvernement veut la même chose que nous : soutenir une production réussie à Fekola, et permettre l'expansion de la mine », explique le PDG de B2Gold, Clive Johnson.Il faut dire que le prix de l'or est actuellement au plus haut, ce qui encourage les entreprises minières à continuer leur exploitation. Mais face à ces nouvelles contraintes, se pose la question de l'appétit pour des projets futurs et des dépenses d'exploration.

Rick Mazur, President and CEO of Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins us to provide an update on the drilling set to commence and the Global Uranium option to earn-in to the Northwest Athabasca Joint Venture; partnered with NexGen, Cameco, and Orano in the Athabasca Basin of Saskatchewan.   We also dig into the value proposition at the Company's 8 other uranium exploration projects around the Athabasca Basin.   On February 4th the Company announced that the exploration permit has been received and exploration is underway on the Northwest Athabasca (NWA) Project, located along the northwest shore of Lake Athabasca in Saskatchewan, Canada. Global Uranium Corp. (CSE: GURN) (OTCQB: GURFF) entered into an option agreement with Forum, acquiring the right to purchase up to 75% of Forum's interest in the Forum / NexGen Joint Venture with NexGen Energy Ltd. by spending $20 million in exploration. This joint venture is part of the Northwest Athabasca Joint Venture with Forum, Cameco Corporation, and Orano Canada Inc. to explore and develop the NWA Project. Camp construction will begin shortly and diamond drilling will commence by March. Forum Energy Metals is the Operator of the Northwest Athabasca Project.   Rick outlines that about 2,000 meters of diamond drilling is anticipated to commence by March and the objective is to at Andy, Zone 2A, and Opie, following up on some of the success from prior exploration work in 2013, and if time allows testing additional high-priority targets at Gomer and Spring Bay. Additional geophysical surveys such as gravity, resistivity and detailed magnetics will be initiated once the camp is in place.   In addition to the work that will be going on at this project, we zoom out and give Rick the opportunity to unpack the opportunities and other JVs going on with a number of their other 8 projects around the Athabasca Basin. He highlights their option potential their 100% owned projects and highlights the potential at a couple of their JV projects like the Grease River, Fir Island Project, and Henday Projects.   If you have questions for Rick on Forum Energy Metals, then please email them into us at either Fleck@kereport.com or Shad@kereport.com.   Click here to follow the latest news from Forum Energy Metals  

Le prix de l'uranium a triplé depuis février 2020. Cette augmentation rend envisageable désormais l'exploitation de réserves qui n'étaient pas rentables avant. Progressivement, de nouveaux acteurs émergent et de nouvelles routes d'approvisionnement se dessinent. C'est ce que montre une étude de l'Observatoire de la sécurité des flux et des matières énergétiques La hausse des prix de l'uranium est d'abord un moteur pour les producteurs historiques, que sont le Kazakhstan, le Canada ou encore l'Australie, pour n'en citer que trois. Et puis il y a les États dont les réserves oubliées ou délaissées deviennent, au prix actuel du marché, beaucoup plus intéressantes. Des États qui « multiplient les changements réglementaires, les explorations et les politiques incitatives dans le but de lancer – ou relancer – la production nationale », assurent les auteurs du rapport publié par l'Observatoire de la sécurité des flux et des matières énergétiques et coordonné par l'Institut des relations internationales et stratégiques. Parmi ces pays, on peut citer le Brésil, qui a lancé en 2022 un grand programme de prospection et d'exploitation. La compagnie d'État INB (Industrias Nucleares do Brasil) a pris attache avec la Russie, l'Inde ou encore la Corée du Sud pour lancer de nouvelles campagnes d'exploration à travers le pays. Une seule mine est pour l'heure en activité – elle produit environ 500 tonnes –, mais les réserves identifiées seraient énormes. On parle de 300 000 tonnes, sachant que 75% du territoire brésilien n'a pas été exploré, relève l'étude de l'OSFME.Échéances prometteuses mais incertainesLa situation est moins évidente en Mongolie, mais le pays est vu comme un potentiel eldorado de l'uranium. On trouverait sur ce territoire les plus importantes ressources de minerai radioactif du monde. Plusieurs sociétés, dont le français Orano, sont positionnées et espèrent lancer leurs opérations d'ici 2030.Il y a également le Kirghizistan qui vient de lever le moratoire sur l'exploration de l'uranium instauré il y a cinq ans, et la Tanzanie, qui développe ses ressources avec la Russie comme partenaire privilégié. Quatre pays qui pourraient permettre d'arriver à une production mondiale moins concentrée qu'aujourd'hui. Mais il s'agit de perspectives à long terme et encore incertaines, notent les auteurs de l'Iris.À lire aussiUranium: le Français Orano engage «un arbitrage international» contre le NigerCorridors au départ de l'Asie CentraleL'évolution du marché et l'entrée en guerre de la Russie en Ukraine ont, en parallèle, redessiné les routes : le Kazakhstan, premier producteur mondial, privilégie désormais les itinéraires qui ne traversent pas la Russie. En 2023, plus de 60% des exportations de Kazatomprom, la société d'État, vers le marché occidental ont pris le corridor qui passe par la mer Caspienne et qui connecte les principaux centres de production kazakhs à la Méditerranée.Une autre route est appelée également à devenir de plus en plus essentielle, pour assurer le commerce d'uranium entre le Kazakhstan et la Chine. La construction d'un entrepôt logistique dans la ville frontalière d'Alashankou d'ici 2026 matérialisera les nouvelles ambitions de ce corridor de l'uranium hautement stratégique entre les deux pays.À lire aussiUranium: le géant russe Rosatom se retire de sites d'extraction au Kazakhstan et vend ses parts à la Chine

This week's episode features Keerit Jutla, President and CEO of the Association for Mineral Exploration, who offers an exclusive preview of the upcoming AME Roundup conference in Vancouver, happening from January 20-23, 2025. Jutla highlights key themes of the conference, including supply chain security and the major keynote speakers. He also provides insights into recent developments in British Columbia's mining sector, including updates on the Mineral Tenure Act and ongoing efforts to expedite the province's permitting process, which has faced significant delays. All this and more with host Adrian Pocobelli. This week's Spotlight features Chris Frostad, CEO of Purepoint Uranium, who shares insights into the company's uranium projects in northern Saskatchewan. He also discusses key joint ventures with industry leaders IsoEnergy, Cameco, and Orano. To learn more, visit: https://purepoint.ca/ Music Credits “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel (⁠www.incompetech.com⁠). Licensed under Creative Commons: By Attribution 4.0 License ⁠creativecommons.org/licenses/by/4.0⁠ Apple Podcasts:⁠ https://podcasts.apple.com/ca/podcast/the-northern-miner-podcast/id1099281201⁠ Spotify:⁠ https://open.spotify.com/show/78lyjMTRlRwZxQwz2fwQ4K⁠ YouTube:⁠ https://www.youtube.com/@NorthernMiner⁠ Soundcloud:⁠ https://soundcloud.com/northern-miner

Justin Huhn, Founder and Publisher of the Uranium Insider, joins me for yet another very comprehensive macro update on the supply and demand fundamentals for uranium and the nuclear fuel sector, how the longer-term contracting cycle is setting up with utility companies, and what he is watching and how he is positioning in the uranium equities in this most recent corrective move lower in the sector.  This is a longer-format discussion building upon our prior conversation in August, because even more key news and developments have been announced in the nuclear and uranium sector. Justin recaps the transformative year in 2024, looks ahead to 2025 and beyond, and guides us through with pro tips on how to approach investing in this sector   We start off reviewing the flurry of news this year out of Kazakhstan, from the largest uranium swing producer in the sector Kazatomprom and what it means for the global supply deficit.  In addition to a shortfall of sulphuric acid, and increased taxes on production, with both expected to crimp output, there were even more surprises when Kazatomprom announced a big decrease in their JV production for Canada with Cameco, yet still found a way to get China all their contracted ounces.  We covered again the continued unstable politics in Niger making future supply still in question for French producer Orano, and also touched on the slower than anticipated restart of the Langer Heinrich Mine operated in Namibia by Paladin Energy (ASX: PDN) (OTCQX: PALAF).   We then delve into all the increasing uranium demand from more countries committing to expand nuclear power buildouts, along with life-extensions on existing reactors, and the role that small modular reactors could have in powering AI data centers and manufacturing or in phasing out coal plants as another demand driver.  Justin touches upon the ongoing bottlenecks with regards to sourcing enriched uranium fuel and enrichment & processing due to the recent sanctions placed on Russian supplies, the Russian ban on exports of uranium to the US, and the Canadian sanctions on uranium sent to the US, making it difficult to know where the utility companies are going to be able to source conflict free uranium on the global stage.    Turning to the actual Canadian production supply, Justin outlines the anticipated production output from both Cameco (CCO.V) (CCJ), and the ancillary production supply from the French state producer Orano from its Athabasca Basin JVs. Neither of these companies are expected to grow output substantially over the next year or two, but Cameco could ramp up production over the next few years from it's 2 Canadian mines.  All of this points to a much more constrained output from global uranium producers, even in face of growing demand.   One bright spot we returned to again, was encouragin development and ramping up of production from US producers like Energy Fuels (EFR.TO) (UUUU), enCore Energy (EU.V) (EU), Uranium Energy Corp (UEC), Peninsula Energy (PEN.AX) (PENMF), and Ur-Energy (URE.TO) (URG).  Justin provides his thoughts on investing in US-based uranium companies, and mentions he is watching IsoEnergy Ltd (TSX: ISO) (OTCQX: ISENF), to see if they get their US project they acquired from Anfield Energy into production in the year to come as another new potential source of domestic uranium supply.   Next we get into the key larger uranium development projects in the works and just how many years from actual production all of them are; with no new projects expected to come online until 2028 at the earliest, but likely even longer to 2029 and beyond. We reviewed the Arrow Project from NexGen Energy (TSX: NXE) (NYSE: NXE), who just announced longer-term off-take contracts with $79 floors and $150 ceilings, signaling to the market where they believe the future price range for U308 will be in the years to come.  We also discussed the PLS (Patterson Lake) Project, held by Fission Uranium (TSX: FCU) (OTCQX: FCUUF), that is currently being acquired by Paladin Energy (ASX: PDN) (OTCQX: PALAF), and the Phoenix Project held by Denison Mines (TSX: DML) (NYSE: DNN).   While these are all very robust projects, they will not be adding to global production for at least several years, which raises the question of where all the new uranium supply will come from in the interim?   We wrap up by getting Justin's thoughts on the uranium exploration stocks operating in the Athabasca Basin and Thelon Basin of Canada, and where the biggest opportunities and concerns are from his vantage point. With so many uranium discoveries having already been made, the question is posed if any new discoveries will ultimately matter to the medium-term supply fundamentals? Justin points to the potential of using the Sabre technology from Orano to extract high-grade resources in the Athabasca Basin, and that this new technology could bring more projects up into the development batting order.  Ultimately though, more of the longer-term commitments from nations to triple their nuclear capacity by 2050 and all the tech company plans to get small modular reactors into production by 2030 need to play out before there is more of a crunch on uranium exploration to find more deposits.  Justin mentions that if we can see a sustained uranium price above $100 for a period of time, that it could incentivize larger companies to finally come in start developing many of the uranium deposits that were delineated and are well known for well into the future.   Click here to visit the Uranium Insider website.

Rick Mazur, President and CEO of Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins me to review the news out to the market today which clarified and expanded upon recent Company news. We discuss the capital raise announced on December 16th, 2024, and the news which summarized the 2024 drill program, which has had 11 holes assays released thus far, and with 19 more drill holes from multiple targets that are still pending assays, on the Aberdeen Uranium Project in the Thelon Basin, Nunavut.   The Company is raising $1,250,000 which consists of a combination of shares and flow-through units. Common shares are being purchased by its strategic investor and insiders for general working capital purposes and for the procurement of longer lead, supplies and services for next year's drill program.  The flow-through units are being purchased by its long-term investor and supporter the Pavillion Resource Fund.   With regards to previous news assays from its 2024 summer exploration program at its Aberdeen Project, which consisted of thirty diamond drill holes covering a total of 6,962 meters; to date, Forum has received 608 geochemical results from the 11 holes at the Tatiggaq Main and West zones.  The Tatiggaq Project is located 5 kilometers from Orano's Kiggavik deposit, and 7 of these 11 holes contained mineralization with grades on par with the style of basement-hosted uranium deposits in the Thelon Basin. There are 8 more holes to still release next at the Tatiggaq area, stepping out from the known mineralization.   In addition to those 8 holes still to release from Tatiggaq, there are 11 additional drill holes to report on that tested other highly prospective regional areas, like the Qavvik, Ned, Ayra, and Loki targets.  Rick outlines that Qavvik, like Tatiggaq already has a discovery on it, with many historic holes drilled by Cameco, so the holes put in there are expanding on the mineralization.  In contrast, the targets like Ned, Ayra, and Loki are new grassroots targets, with multiple data sets defining them as prospective to go after higher-grade unconformity-style mineralization.   We wrap up discussing the partner-funded winter drill campaign on the Northwest Athabasca Joint Venture in the Athabasca Basin, where Forum Energy Metals will be the operator and this will provide even more exploration newsflow during the winter months and into the spring.  Then after that the 2025 summer drill program will commence back at the Aberdeen Project, so there will be a steady amount of newsflow next year.   If you have any follow up questions for Rick or the team at Forum Energy Metals, then please email them into me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Forum Energy Metals at the time of this recording   Click here to follow along with the most recent news from Forum Energy Metals

It's being called the largest investment in the history of the State of Tennessee. Orano USA has announced plans to build a new multi-billion dollar, state-of-the-art centrifuge uranium enrichment plant in Oak Ridge. The facility will provide fuel for America's nuclear power plants and reduce U.S. dependence on foreign sources, including Russia. In this week's episode of the Gone Fission Nuclear Report, host Michael Butler discusses this exciting project with Orano USA President Jean-Luc Palayer. Visit the Gone Fission Nuclear Report channel on youtube.com for a videocast of episodes since November 7, 2022.

Ce jeudi 5 décembre, les causes de la perte de contrôle d'Orano sur sa filière minière au Nigera été abordé par Caroline Loyer dans sa chronique, dans l'émission Good Morning Business, présentée par Laure Closier, sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.

In this episode, we chat to Janet Meiklejohn & Rebecca Hunter of Forum Energy Metals, a TSX listed junior miner exploring for Uranium and Energy Metals to support a low carbon economy in and around Saskatchewan's Athabasca Basin. Janet who is a NED and Rebecca who is the VP of exploration, and they discuss the history of the company, the projects they are involved in, the Thelon district, an overview of the uranium market, and the outlook of the company. Janet is also attending the upcoming Resourcing Tomorrow (3-5 December, London) is Europe's largest mining event, designed to foster innovation, drive collaboration, and accelerate growth in the mining industry. Use code DIGDEEP 10 for a 10% discount on Delegate Passes when you register here: https://hubs.ly/Q02WXjzd0 So grab your tickets now and hopefully me and Janet will see you there KEY TAKEAWAYS  Forum Energy Metals primarily focuses on uranium exploration, particularly in the Thelon Basin, which is considered under-explored and has the potential to become a tier one uranium district. The company has a strategic financial partner that owns 9.9% of Forum, providing essential support for exploration activities. Additionally, operational support from Orano, a neighbouring company with significant uranium resources, enhances Forum's potential for future collaboration. In 2023, Forum conducted a drilling program of nearly 7,000 meters, building a camp to facilitate operations. The results from this program are anticipated to inform future drilling strategies and exploration efforts. The uranium market is showing signs of recovery, driven by global decarbonisation efforts and increasing demand for nuclear power. This trend is expected to continue as more countries commit to expanding their nuclear energy capabilities. The management team at Forum Energy Metals includes experienced professionals with backgrounds in geology and capital markets. Their combined expertise is crucial for navigating the challenges of uranium exploration and capitalising on the opportunities in the market. BEST MOMENTS "We like to be focused. So we're focused on exploration. So 90% of the money that we raise goes straight into the ground, and that's what we'd like to continue doing going forward." "The Thelon Basin is under-explored, and it has that potential to have the really big deposits, the really big sizes and grades, and it just hasn't been explored." "There's a real focus on trying to find more uranium deposits in the West where we can actually secure our source of supply to support those power needs." "One of the strengths that Forum has is that we have all this potential to find these kind of unconformity contact blue sky targets." We have a strategic financial partner who owns 9.9% of us, and hopefully will continue to support us as we move forward." VALUABLE RESOURCES Mail:        rob@mining-international.org LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace. CONTACT METHOD rob@mining-international.org https://www.linkedin.com/in/rob-tyson-3a26a68/ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics. 

Interview with Chris Frostad, President & CEO of Purepoint UraniumOur previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-aggressive-exploration-for-high-grade-uranium-5484Recording date: 21st October 2024Purepoint Uranium (TSXV:PTU) has announced a strategic partnership with ISO Energy that fundamentally transforms its exploration capabilities in Saskatchewan's Athabasca Basin. The deal combines ten premium projects from both companies into a 50/50 joint venture, with Purepoint serving as the exploration operator.The partnership structure is notable for its focus on premium assets rather than non-core properties. Purepoint will manage exploration activities across the combined portfolio, with ISO Energy taking operational control once specific resources are identified. This arrangement allows Purepoint to maintain strategic direction during the critical exploration phase while leveraging ISO Energy's development expertise and financial strength.Financially, the deal includes a $2 million financing, with ISO Energy contributing $1 million for approximately 12% ownership in Purepoint. The company is also implementing a 10:1 share consolidation to improve trading dynamics and attract institutional investors. Post-consolidation, Purepoint will have approximately 60 million shares outstanding.The combined property package strategically reassembles what was historically part of Cameco's Dawn Lake Project, creating a district-scale exploration opportunity. Notably, the properties share geological trends with ISO Energy's Hurricane deposit, enhancing exploration potential. The Larocque Corridor, which hosts the Hurricane deposit, continues through the joint venture's property package.Purepoint's broader portfolio strategy demonstrates capital efficiency. For example, a $9-10 million exploration program across all projects would require less than $3 million from Purepoint, thanks to various partnership arrangements. The company has structured the ISO Energy joint venture with both minimum and maximum annual expenditure requirements, ensuring consistent project advancement while protecting against potential dilution.CEO Chris Frostad emphasizes the strategic timing: "From our side of the fence, you start to feel that momentum really building from an investment standpoint and from money really wanting to get into this particular market." This momentum is supported by major producers like Cameco and Orano returning to exploration activities after years of reduced spending.The investment case for Purepoint centers on several compelling factors. The company now controls district-scale exploration potential in proven uranium territory, backed by ISO Energy's financial strength and technical expertise. Through its strategic partnerships, Purepoint has established an efficient capital structure that maximizes exploration impact while minimizing dilution. Investors can look forward to multiple exploration catalysts across the project portfolio, while the improved trading dynamics post-consolidation should attract broader institutional interest. This positioning comes at an opportune time, as the uranium sector demonstrates growing momentum with major producers returning to exploration activities and increasing institutional capital flows.The partnership represents a strategic approach to uranium exploration, combining premium assets, operational expertise, and financial efficiency. With renewed interest in uranium exploration from major producers and increasing institutional investment in the sector, Purepoint has positioned itself to capitalize on improving market conditions while maintaining operational control of its exploration programs.Risk factors include exploration success rates, uranium market dynamics, and potential delays in program execution. However, the structured nature of the partnership, including minimum exploration commitments and clear operational responsibilities, helps mitigate these risks while maintaining upside exposure to discovery potential.Learn more: https://www.cruxinvestor.com/companies/purepoint-uranium-group-incSign up for Crux Investor: https://cruxinvestor.com

Fabi Lara, Founder and Publisher of The Next Big Rush, joins me to dig in to the major demand drivers and supply disruption news that is underpinning a longer-term bull market for nuclear power and uranium mining.   We then pivot over to a comprehensive review of the opportunities in producers, developers, and explorers in the US, Canada, Africa, and Australia.   This is a longer-format discussion where we initially get into the solid fundamentals of uranium that we discussed in our last conversation (lack of supply from Niger, less supply that anticipated from Kazakhstan, Russian sanctions) having a huge demand layer put on the last few weeks as a flurry of high-profile tech companies have announced going all-in on developing more nuclear energy to fuel their energy-intensive data centers.  Microsoft announced teaming up with the utility Constellation to bring 3 Mile Island back into production.  Amazon is teaming up with Dominion, Google is teaming up with Kairos power, and DataBank are all considering a number of small modular reactor (SMR) builds by the end of this decade.  In a sector that already has seen surging demand from all the traditional reactor builds in the East and Middle East, the push for more SMRs in the West is pushing demand up even further.   We then shift the conversation over from the growing demand to the very pertinent question of where all the new supply will come from in the uranium mining sector. It's a very nuanced conversation about a number of different uranium stocks throughout the conversation including:  Cameco (TSX: CCO; NYSE: CCJ), Kazatomprom, Orano, Paladin Energy (ASX: PDN) (OTCQX: PALAF),  Fission Uranium (TSX: FCU) (OTCQX: FCUUF),  Denison Mines (TSX: DML) (NYSE: DNN), enCore Energy (NASDAQ: EU) (TSX.V: EU),  Energy Fuels (NYSE: UUUU) (TSX: EFR), NexGen Energy (TSX: NXE) (NYSE: NXE), Deep Yellow (ASX: DYL) (OTCQX: DYLLF),  F3 Uranium (TSXV: FUU) (OTCQB: FUUFF), CanAlaska Uranium Ltd. (TSX.V: CVV) (OTCQX: CVVUF), IsoEnergy (TSX: ISO) (OTCQX: ISENF), Rush Rare Metals Corp. (CSE:RSH), Stallion Uranium Corp. (TSX-V: STUD) (OTCQB: STLNF), and Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF).   Click here to visit Fabi's YouTube page:   Click here to visit Fabi's website:

We have a fantastic interview here with Oran O'Kelly.Here is a guy (a sports psychologist) who is walking the talk. Oran compete in the Paris Dakar race whilst on his pursuit to both mental and business success.Today, I pick his brains.EnjoyEnzoP.S. Here is Oran's instagram link - https://www.instagram.com/oran.okelly/❤ THANK YOU SUBSCRIBERS ❤Your comments, likes, shares, questions and subscriptions keep this channel alive so I just want to thank you for being a part of this. -------------------------------------------------------♛ ENZO'S BOOKS  ♛If you want to read my books or listen to the Audiobooks then you can click below:The Warrior's Mind (Mental Training) https://amzn.to/3tKt0yfGet The Drive (Motorsport Sponsorship) https://amzn.to/3lrtmGU------------------------------------------------------More Links:The Race Driver Coach Website - http://www.theracedrivercoach.com/Spotify - https://spoti.fi/2WRyHth Instagram - https://www.instagram.com/enzomucci_ Facebook page - https://www.facebook.com/theracedrivercoach/ Soundcloud - https://soundcloud.com/enzomucci iTunes - https://apple.co/2KqCR9v --------------------------------------------------------Copyright Info: Music used in outro was composed by Hustle Standard. Permission granted directly from Hustle Standard. View Hustle Standard and Never Gonna Stop song here - https://www.youtube.com/watch?v=oJH5AsNr_nMWe ensure that all images and video used are all for educational purposes so fall within the Fair Use policy. Thank you to all contributors.#TRDCSHOW #racedriver #motorsport #enzomucci #drivercoach #motivation #racing #driver #OranO'kelly #psychology #mentalcoach #parisdakar

Rick Mazur, President and CEO of Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins us to provide an exploration update on the 8,000 meter diamond drilling program at their 100% owned Aberdeen Uranium Project, in the Thelon Basin, Nunavut. Seventeen holes have been completed, totaling 4,307 meters along the Tatiggaq Fault within the 1.5km by 0.7km Tatiggaq anomaly. A total of 685 samples have been shipped to SRC Laboratories in Saskatoon, Saskatchewan for analysis. Results are expected by the end of September.   The company is utilizing the data modeled from last year's Ambient Noise Tomography (ANT) survey, to refine and outline high-priority drill targets as they move away from the known mineralization at Tatiggaq West and Main areas. Additionally, the processed ANT data on Ned has outlined the unconformity depth (Thelon Formation sandstone) as well as potential faults and alteration that will be targeted in the upcoming drilling program.  The drills have moved on to other highly prospective regional areas, like the Ned, Qavvik, and Ayra targets.  Rick unpacks the depth of these holes and the kind of mineralization the drills will be testing in the second phase of this year's drill program.   Rick also recapped a recent tour of Directors to the Aberdeen project and the Kiggavik Core Storage Facility with Forum's Geological Advisor, Dr. Peter Wollenberg, who discovered two of the largest deposits at Kiggavik for Orano, and verified that the uranium mineralization processes on Forum's property are identical to the Kiggavik uranium deposits.  Assays from all this drilling should start coming in for release to the market from late September through November.*   If you have questions for Rick on Forum Energy Metals, then please email them into us at either Fleck@kereport.com or Shad@kereport.com.   In full disclosure, Shad is a shareholder of Forum Energy Metals at the time of this recording   Click here to follow along with the most recent news from Forum Energy Metals

Justin Huhn, Founder and Publisher of the Uranium Insider, joins me for yet another very comprehensive macro update on the supply and demand fundamentals for uranium and the nuclear fuel sector, how the longer-term contracting cycle is setting up, and then what he is watching and how he is positioning in the uranium equities in this most recent corrective move lower in the sector.   This is a longer-format follow up to our prior conversation in April, because a lot of nuclear and uranium sector news has been announced, and Justin guides us through with pro tips on how to approach investing in this sector.  (in fact, this may be the longest daily editorial we've ever put out on the KE Report, but it is packed with information, gets into a rapid-fire segment midway through, and then ends with a bang)   We start off reviewing the flurry of news out of Kazakhstan from the largest uranium swing producer in the sector Kazatomprom. In addition to a shortfall of sulphuric acid, increased taxes on production, expected to crimp supply; and yet a surprise announcement of an increase in overall production (while showing a big decrease in their JV production for Canada with Cameco), Justin walks us through all the nuances.   We also discuss the continued unstable politics in Niger making future supply still in question, along with the Australian ban on the Jabiluka uranium deposit; blocking Energy Resources of Australia and Rio Tinto (RIO) from bringing that supply online.  We also discuss expectations for production output from both Cameco (CCO.V) (CCJ), and the French producer Orano, which are not expected to grow output that much over the next year or two.  All of this points to a much more constrained output from global uranium producers, even in face of growing demand.   One bright spot for production is the ramping up of production from US producers like  enCore Energy (EU.V) (EU), Energy Fuels (EFR.TO) (UUUU), Ur-Energy (URE.TO) (URG), Peninsula Energy (PEN.AX) (PENMF), and Uranium Energy Corp (UEC).    Justin provides his thoughts on investing in US-based uranium companies, what he feels their reasonable collective output levels are, and also he also discusses the pros and cons of exploration companies and jurisdiction risk in certain states.   We then delve into all the increasing uranium demand from more countries committing to expand nuclear power buildouts, along with life-extensions on existing reactors, and the role that small modular reactors could have in powering AI data centers and manufacturing or in phasing out coal plants as another demand driver.  Justin touches upon the ongoing bottlenecks with regards to sourcing enriched uranium fuel and enrichment & processing due to the recent sanctions placed on Russian supplies and the waivers that utility companies are waiting for more clarity on.  He also breaks down the bifurcation between the expectations and sentiment from the utility companies and nuclear fuel buyers, compared to the realities that the uranium mining companies have been forecasting; with regards to realistic future mine supply and incentive prices.   Next we get into the key larger uranium development projects in the works and just how many years from actual production all of them are; with no new projects expected to come online until 2027 at the earliest, but likely a lot longer. This review includes the Arrow Project from NexGen Energy (TSX: NXE) (NYSE: NXE), the PLS (Patterson Lake) Project held by Fission Uranium (TSX: FCU) (OTCQX: FCUUF), that is currently being acquired by Paladin Energy (ASX: PDN) (OTCQX: PALAF), and the Phoenix Project held by Denison Mines (TSX: DML) (NYSE: DNN).   While these are all very robust projects, they will not be adding to global production for at least several years, which raises the question of where all the new uranium supply will come from in the interim?   We wrap up by getting Justin's thoughts on the uranium exploration stocks operating in the Athabasca Basin and Thelon Basin of Canada, and where the biggest opportunities and concerns are from his vantage point. With so many uranium discoveries having already been made, the question is posed if any new discoveries will ultimately matter to the medium-term supply fundamentals? Justin points to the ultra-high-grade uranium discovered over the last few years at the Hurricane Deposit, held by IsoEnergy Ltd (TSX: ISO) (OTCQX: ISENF), and the potential of using the Sabre technology from Orano to extract it, and additionally Denison's Phoenix Project.  If more deposits like that can be found, then it will be impactful, and could bring more projects up the development batting order.   Click here to visit the Uranium Insider website.

GIORGIO ORANO - LITTLE BOY - presentato da Anna Bredice

Marc Bishop Lafleche, CEO and Executive Director of Ecora Resources (TSX: ECOR) (LSE:ECOR) (OTCQX:ECRAF), joins me to provide a comprehensive overview of their 22 royalty and streaming assets, across 5 continents, providing diversified future-facing commodities exposure to the metals critical for the energy transition.     In the past, when shifting over from Anglo Pacific to Ecora Resources, the Company was valued on lower metrics due to legacy metallurgical coal valuation metrics.  However, over time the cashflow complexion has been changing and will continue transitioning over to more of a 100% focus to future facing commodities critical for the energy transition. Ecora's commodity exposure through their royalty portfolio now has over 33% exposure to copper, 23% to cobalt, 19% to nickel, 8% to met coal, 5% to vanadium, 4% to uranium, 3% to iron ore, and 5% to other commodities like rare earths (as noted by their new acquisition announced today).   Marc outlines some of the key contributing projects and operating partners like Vale, BHP, Capstone Copper, Rio Tinto, Brazilian Nickel, Largo, Cameco, Orano, NexGen, and Rainbow Rare Earths, as it relates to their critical minerals exposure. We highlight a few of the key royalties of the 9 producing assets, and 12 other development-stage and exploration-stage assets, the strength of their operating partners, the low-cost and long mine-life projections, that also have low carbon intensities.   Wrapping up we look into the financial strength of the incoming revenues, with the transition from the traditional to the more energy metals focus over the next few years in producing and near-production asset, and the credit facility to be able to execute on future accretive acquisitions. Additionally, Marc outlines the key stakeholders in Ecora Resources, and their capital allocation strategy balanced between deleveraging debt, paying a dividend, and buying back shares.   If you have any questions for Marc regarding Ecora Resources, then please submit those to me at Shad@kereport.com, and we'll get them addressed by management or covered in future interviews.   Click here to follow the latest news from Ecora Resources

La Imouraren, uriașa mină de uraniu din Niger, lucrările de exploatare vor fi reluate. Grupul francez Orano a anunțat recent începerea „lucrărilor pregătitoare” asupra zăcământului, situat la sud de Arlit, unde operațiunile au fost înghețate timp de aproape zece ani. Vestea vine într-un context de tensiune din ce în ce mai mare între autoritățile din Niamey și operatorii minieri occidentali, transmite corespondentul RFI din regiune. 

durée : 00:10:02 - La Question du jour - par : Marguerite Catton - Alors que le Niger a signifié à l'entreprise française Orano le retrait de son permis d'exploitation de la mine d'Imouraren, retour sur les sources d'approvisionnement des centrales françaises et les tensions autour de l'exploitation de cette matière première convoitée. - invités : Didier Julienne Dirigeant de sociétés métallurgiques et minières, producteur de métaux stratégiques, stratège des marchés de ressources naturelles

Les journalistes et experts de RFI répondent également aux questions des auditeurs sur le gisement d'uranium d'Imouraren, sur les performances de l'équipe de France à l'Euro 2024 et sur le rappeur iranien Toomaj Salehi. Gabon : que contient le nouveau projet de Constitution ? Conformément aux résolutions du Dialogue national, le pays va se doter d'une nouvelle Constitution. Le texte a été rédigé par les 21 membres du comité constitutionnel national. Quels sont les principaux changements apportés ? Quelle sera la suite du processus ?  Avec Yves-Laurent Goma, correspondant de RFI à Libreville.Niger : Orano privé du gisement d'uranium d'ImourarenLes autorités nigériennes ont retiré le permis d'exploitation du gisement d'uranium d'Imouraren à l'entreprise française Orano. Comment expliquer cette mesure, alors que l'entreprise avait affirmé que les infrastructures avaient réouvert ? L'entreprise peut-elle contester cette décision ? Avec Julien Clémençot, chef du service économie de RFI.Euro 2024 : les Bleus vont-ils enfin marquer contre la Pologne ?Depuis le début de l'Euro 2024, l'équipe de France n'a marqué aucun but lors de ses matchs contre l'Autriche et les Pays-Bas. Comment l'expliquer ? Quelle stratégie Didier Deschamps pourrait-il adopter pour améliorer l'efficacité offensive de l'équipe ?  Avec Antoine Grognet, envoyé spécial de RFI pour l'Euro 2024.Iran : Toomaj Salehi échappe à la peine capitaleLa condamnation à mort du célèbre rappeur Toomaj Salehi, figure du mouvement « Femme, Vie, Liberté », a été annulée par la Cour suprême iranienne. Mais l'affaire va être renvoyée devant un autre tribunal. Y a-t-il un risque que la peine capitale soit à nouveau prononcée ? Avec Nasser Etemadi, journaliste au service en langue persane de RFI.

Rick Mazur, President and CEO of Forum Energy Metals (TSX.V:FMC – OTCQB:FDCFF), joins us to provide an update on the Global Uranium option to earn-in to the Northwest Athabasca Joint Venture; partnered with NexGen, Cameco, and Orano in the Athabasca Basin of Saskatchewan.   We also dig into the value proposition at the Company's 8 other uranium exploration projects around the Athabasca Basin.    The Company currently holds a 62.2% beneficial interest in the Forum NexGen JV, which in turns holds a 69.95% beneficial interest in the Northwest Athabasca Joint Venture. Accordingly, the Company holds a 43.32% beneficial interest in the Northwest Athabasca Joint Venture.   Global has an initial right to acquire 51% of the Company's Interest by:   making staged payments to the Company totalling $225,000 by December 31, 2027; making staged issuances to the Company of a total of 1,000,000 shares of Global by December 31, 2027; and making staged payments to the Company equal to the amounts the Company would be entitled to contribute for exploration under the Northwest Athabasca Joint Venture on account of the 2025-2028 operating years totalling a minimum of $3,900,000 and up to a maximum of $9,000,000 to be applied to the corresponding cash calls, depending on the participation of the minority partners in the Northwest Athabasca Joint Venture in any approved exploration program. Forum will remain Operator of the Northwest Athabasca Joint Venture during the Initial Option period.   In addition to the work that will be going on at this project, we zoom out and give Rick the opportunity to unpack the opportunities and other JVs going on with a number of their other 8 projects around the Athabasca Basin. He highlights their 100% owned Wollaston Project, Costigan, and Maurice projects, and also a number of their JV projects like the Grease River, Fir Island Project, Highrock, Clearwater, and Henday Projects.   If you have questions for Rick on Forum Energy Metals, then please email them into us at either Fleck@kereport.com or Shad@kereport.com.   Click here to follow along with the recent news from Forum Energy Metals.

Le président de la transition a non seulement dirigé le conseil des ministres, dont Wakatsera publie le compte-rendu intégral, mais il s'est aussi rendu à la RTB, la radio télévision burkinabé, « pour encourager le personnel et remonter son moral, à la suite de l'incident de tir à la roquette, le 12 juin, à proximité de la cour de la télévision », raconte LeFaso.net, qui publie plusieurs photos du capitaine Traoré, béret rouge, treillis, sourire aux lèvres. « Cette rencontre », nous dit le site d'info burkinabé, « a permis aux agents de la RTB de revenir sur certaines informations erronées qui ont circulé dans certains médias et sur la toile. Sur la question d'une mutinerie dont parlent certains médias et activistes, le Chef suprême des forces armées nationales dément catégoriquement : « Il n'en est absolument rien. (...) Il ne faut pas écouter ces individus qui cherchent à distraire les gens ». Dans le viseur du capitaine Traoré, « les médias occidentaux », qui, dit-il, « sont des médias menteurs ».Aujourd'hui au Faso a également suivi le capitaine Traoré« Sortie médiatique, sortie politique, sortie sécuritaire, cette réapparition d'Ibrahim Traoré hier englobait tous ces aspects, car il s'agissait de déchirer la Toile qui avait scellé son sort, de faire comprendre qu'il demeure toujours le seul maître du bateau burkinabè, bref, que circulez, il n'y a rien à voir ! » écrit Aujourd'hui au Faso, qui poursuit : « cette folle semaine débutée par un banal incident de tir accouche d'une petite souris : le président Ibrahim Traoré est clinquant comme neuf, les blessés de cet incident ont quitté l'hosto, et certains activistes toute honte bue ravalent leur fiel, en tout cas, sous réserve que leurs preuves soient administrées au grand jour ! Il se peut que certains soient bien sourcés, mais tout le monde n'est pas au même niveau d'information actuellement ». Conclusion d'Aujourd'hui au Faso : « chacun se fera sa religion, tirera les leçons, et on ne cessera de le rappeler, il faut aujourd'hui se ranger derrière la bannière de la nécessaire unité nationale contre le seul véritable ennemi de la patrie : le terrorisme ». Enfin, un coup d'œil venu d'un pays voisin. Mourya Niger s'exclame : « enfin voilà le capitaine Ibrahim Traoré ! » « mais des interrogations subsistent », selon le journal, pour lequel « L'attaque de Mansila et les causes de la détonation près de la présidence et la roquette tombée dans la cour de la maison de la radio ne sont pas imaginaires ». Et pour MouryaNiger, les citoyens ont « droit à l'information, tout court, et non de la main de l'impérialisme occidental partout où nous africains avons failli ». Orano perd son permis d'exploitation d'uranium au NigerC'est ce que nous annonce selon lequel « Orano entend utiliser des moyens légaux pour contester cette décision devant les autorités judiciaires compétentes ». L'Evènement Niger cite également les propos « d'un acteur de la société civile », selon lequel, « c'est une bonne décision de retirer à Orano le permis d'exploitation ». « Cela nous permet », dit-il, « d'être indépendant en gérant nos propres biens ». Actu Niger s'intéresse également à la question et titre : « le géant français du nucléaire, Orano, perd son permis d'exploitation de la mine géante d'Imouraren ». « Cette décision », poursuit le site d'information, « fait suite aux mises en demeure adressées ces derniers mois par le ministère des mines au géant français du nucléaire, exigeant la relance du gigantesque projet qui était en stand-by depuis des années ». Et c'est, selon ActuNiger, une très mauvaise nouvelle pour la France, car « le projet Imouraren représente un énorme gisement de 200 000 tonnes de réserves du métal jaune. Le Niger est en effet l'un des plus importants producteurs mondiaux et fournit près d'un quart de l'approvisionnement en uranium naturel des centrales nucléaires européennes ». 

Le président de la transition a non seulement dirigé le conseil des ministres, dont Wakatsera publie le compte-rendu intégral, mais il s'est aussi rendu à la RTB, la radio télévision burkinabé, « pour encourager le personnel et remonter son moral, à la suite de l'incident de tir à la roquette, le 12 juin, à proximité de la cour de la télévision », raconte LeFaso.net, qui publie plusieurs photos du capitaine Traoré, béret rouge, treillis, sourire aux lèvres. « Cette rencontre », nous dit le site d'info burkinabé, « a permis aux agents de la RTB de revenir sur certaines informations erronées qui ont circulé dans certains médias et sur la toile. Sur la question d'une mutinerie dont parlent certains médias et activistes, le Chef suprême des forces armées nationales dément catégoriquement : « Il n'en est absolument rien. (...) Il ne faut pas écouter ces individus qui cherchent à distraire les gens ». Dans le viseur du capitaine Traoré, « les médias occidentaux », qui, dit-il, « sont des médias menteurs ».Aujourd'hui au Faso a également suivi le capitaine Traoré« Sortie médiatique, sortie politique, sortie sécuritaire, cette réapparition d'Ibrahim Traoré hier englobait tous ces aspects, car il s'agissait de déchirer la Toile qui avait scellé son sort, de faire comprendre qu'il demeure toujours le seul maître du bateau burkinabè, bref, que circulez, il n'y a rien à voir ! » écrit Aujourd'hui au Faso, qui poursuit : « cette folle semaine débutée par un banal incident de tir accouche d'une petite souris : le président Ibrahim Traoré est clinquant comme neuf, les blessés de cet incident ont quitté l'hosto, et certains activistes toute honte bue ravalent leur fiel, en tout cas, sous réserve que leurs preuves soient administrées au grand jour ! Il se peut que certains soient bien sourcés, mais tout le monde n'est pas au même niveau d'information actuellement ». Conclusion d'Aujourd'hui au Faso : « chacun se fera sa religion, tirera les leçons, et on ne cessera de le rappeler, il faut aujourd'hui se ranger derrière la bannière de la nécessaire unité nationale contre le seul véritable ennemi de la patrie : le terrorisme ». Enfin, un coup d'œil venu d'un pays voisin. Mourya Niger s'exclame : « enfin voilà le capitaine Ibrahim Traoré ! » « mais des interrogations subsistent », selon le journal, pour lequel « L'attaque de Mansila et les causes de la détonation près de la présidence et la roquette tombée dans la cour de la maison de la radio ne sont pas imaginaires ». Et pour MouryaNiger, les citoyens ont « droit à l'information, tout court, et non de la main de l'impérialisme occidental partout où nous africains avons failli ». Orano perd son permis d'exploitation d'uranium au NigerC'est ce que nous annonce selon lequel « Orano entend utiliser des moyens légaux pour contester cette décision devant les autorités judiciaires compétentes ». L'Evènement Niger cite également les propos « d'un acteur de la société civile », selon lequel, « c'est une bonne décision de retirer à Orano le permis d'exploitation ». « Cela nous permet », dit-il, « d'être indépendant en gérant nos propres biens ». Actu Niger s'intéresse également à la question et titre : « le géant français du nucléaire, Orano, perd son permis d'exploitation de la mine géante d'Imouraren ». « Cette décision », poursuit le site d'information, « fait suite aux mises en demeure adressées ces derniers mois par le ministère des mines au géant français du nucléaire, exigeant la relance du gigantesque projet qui était en stand-by depuis des années ». Et c'est, selon ActuNiger, une très mauvaise nouvelle pour la France, car « le projet Imouraren représente un énorme gisement de 200 000 tonnes de réserves du métal jaune. Le Niger est en effet l'un des plus importants producteurs mondiaux et fournit près d'un quart de l'approvisionnement en uranium naturel des centrales nucléaires européennes ». 

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

Justin Huhn, Founder and Publisher of the Uranium Insider, joins me for another comprehensive macro update on the supply and demand fundamentals for uranium and the nuclear fuel sector, how the longer-term contracting cycle is setting up, and then what he is watching and how he is positioning in the uranium equities.   We start off reviewing the growth in both new nuclear reactors and life extensions on existing reactors in the recent past and looking forward outpacing expectations in China, the UAE, France, other countries in Europe, and even in the US.  We also get into demand and supply fundamentals for the nuclear fuel cycle for enriched uranium fuel and enrichment & processing bottlenecks for end users and utility companies due to the recent sanctions placed on Russian supplies.  However these sanctions, in tandem with the money allocated in the Inflation Reduction Act for growing domestic processing and enrichment capabilities, along with more U308 supplies from domestic uranium mining companies will be a net longer-term positive after the shorter term hurtles.   Justin then breaks down what we know about the past and forward guidance for largest producers like Kazatomprom, Cameco (CCO.V) (CCJ), and Orano.  He also reviews the US-based producers that are projected to add in more production over the next few years like enCore Energy (EU.V) (EU), Energy Fuels (EFR.TO) (UUUU), Ur-Energy (URE.TO) (URG), Peninsula Energy (PEN.AX) (PENMF), and Uranium Energy Corp (UEC).   We then get into the concept of what percentage of production these uranium producers should be committed to longer-term off-take contracts, between the utilities and the uranium mining companies, for the overall health of the uranium companies if they have locked in much higher prices for uranium sales contracts years into the future. This also lead into a review of the recent transaction from NexGen Energy (NXE) where they are purchasing 2.7 million pounds of uranium to demonstrate to any potential off-take partners more assurity of future supply until they could get Arrow into production.    We wrap up by getting Justin's thoughts on where we are with the moves in uranium exploration stocks, operating in both the US and in Canada, and where the biggest opportunities are from his vantage point. He feels the discovery that F3 Uranium Corp. (FUU.V) (OTCQB: FUUFF) made last year ignited a whole new wave of exploration in the Athabasca Basin. This leads into a discussion of whether we'll see some of the higher-valued more advanced companies that are either near production or going back into production begin to start acquiring more of the earlier- stage uranium explorers and developers.   Click here to visit the Uranium Insider website.  

Interview with Chris Frostad, President & CEO of Purepoint UraniumOur previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-developing-high-grade-projects-with-cameco-and-orano-4891Recording date: 4th March 2024Purepoint Uranium Group (TSXV:PTU) is an exploration company focused on making the next big uranium discovery in the Athabasca Basin of Saskatchewan, Canada. With a portfolio of high-potential projects, strategic partnerships with industry leaders, and a proven management team, Purepoint offers investors leveraged exposure to the unfolding bull market in uranium.The uranium market is heating up, driven by growing global demand for clean, reliable baseload power. As utilities scramble to secure long-term supply contracts and the uranium price continues to rise, Purepoint is well-positioned to capitalize on the upswing.The company's flagship projects, Hook Lake and Smart Lake, are held in joint ventures with uranium heavyweights Cameco and Orano. These properties are situated on trend with recent high-grade discoveries where Purepoint is the operator while Cameco and Orano provide funding and technical expertise.Purepoint President & CEO Chris Frostad emphasizes the importance of these partnerships. While Cameco and Orano are funding the bulk of the work at Hook Lake and Smart Lake, their long-term timelines insulate Purepoint from any short-term pressure to deliver an immediate discovery. This allows the company to take a methodical, science-driven approach to exploration, deploying cutting-edge geophysical and geochemical techniques to identify high-priority drill targets.Beyond its joint venture projects, Purepoint has a deep pipeline of 100%-owned properties that are being advanced up the exploration ladder. These include the Red Willow, Henday Lake, and Carson Lake projects, as well as the Tabbernor Project which consists of 34 claims that total over 79,000 hectares.For investors looking to gain exposure to the uranium exploration space, Purepoint Uranium offers a compelling mix of upside potential and downside protection. With a robust project portfolio, strategic partnerships, and a disciplined approach to capital allocation, the company is well-positioned to create long-term value for shareholders. While exploration is never without risk, Purepoint's experienced team and focus on the fundamentals make it a standout pick in the junior uranium sector.View Purepoint Uranium's company profile: https://www.cruxinvestor.com/companies/purepoint-uranium-group-incSign up for Crux Investor: https://cruxinvestor.com

Malgré une succession de coups d'État en Afrique ces dernières années, c'est « business as usual » pour les compagnies minières : les affaires continuent et les entreprises s'adaptent pour collaborer en bonne intelligence avec les gouvernements de transition. Une flexibilité essentielle pour maintenir l'exploitation des gisements dans lesquels elles ont effectué de lourds investissements. Au Gabon, Eramet avait temporairement interrompu ses opérations suite au coup d'État du 30 août dernier. Mais tout est depuis rentré dans l'ordre et le groupe français entend même augmenter ces prochaines années la production de sa mine de manganèse de Moanda, exploitée en partenariat avec l'État gabonais. « Aujourd'hui, les opérations tournent, et elles tournent bien, se réjouit même Virginie de Chassey, membre du comité exécutif d'Eramet. On travaille avec les autorités, et donc il n'y a pas de raisons objectives, pour l'industriel que nous sommes, qui ne fait pas de politique, de changer la trajectoire. »Des putshs et des réformesLes putschistes ont généralement en tête les revenus que les mines permettent de débloquer. L'une de leurs priorités, à leur arrivée au pouvoir, est souvent de rassurer les acteurs du secteur, comme en Guinée, ou encore au Mali. Mais ces changements apportent aussi leurs lots de réformes. Par exemple, le nouveau Code minier mis en place par Bamako n'affecte pas directement la mine d'or de Fekola déjà en activité, mais a créé quelques accrocs pour B2Gold.Son PDG Clive Johnson affirme être « très à l'aise là-bas », mais une bonne collaboration avec le gouvernement en place. « Les autres permis sur notre ceinture vont dépendre du Code minier de 2023, explique-t-il. Nous prévoyons une production plus faible cette année, en partie parce que nous n'avons pas pu obtenir un permis à temps pour amener de la matière supplémentaire. »Et la discrétion est de mise. L'entreprise française productrice d'uranium Orano entend bien poursuivre ses activités au Niger, mais a refusé de s'exprimer à ce sujet.Sanctions informellesPar ailleurs, les compagnies minières doivent aussi faire face à la dégradation du contexte sécuritaire : trois employés de B2Gold sont récemment décédés au Mali dans l'attaque d'un convoi.Au Soudan, l'entreprise Perseus a acquis une mine d'or en 2022, après le coup d'État, mais avant le début de la guerre. Outre les risques sur le court terme, les difficultés s'accumulent aussi sur la durée selon Martijn Bosboom avocat général pour le groupe australien : « Les sanctions sont bien sûr un risque sur le long-terme. Mais aussi les sanctions "informelles" avec les fournisseurs qui ne veulent pas traiter avec le pays et les banques qui ne veulent pas nous aider à envoyer de l'argent pour payer nos employés. De plus, nous avons rapidement dû faire comprendre que nous étions neutres, que nous ne prenions pas parti, pour aucun camp. »Les partenaires comme les États-Unis continuent de marteler que le rétablissement de la démocratie – qui apporte plus de stabilité et de la transparence selon eux – reste nécessaire.

Justin Huhn, Founder and Publisher of the Uranium Insider, joins us to provide a comprehensive macro update on the supply and demand fundamentals for uranium and the nuclear fuel sector, how the longer-term contracting cycle is setting up, and how he is positioning in the uranium equities.   After seeing the u308 spot prices surging over $100 per pound in the last two months, and very nice moves higher in many of the more established uranium mining stocks, we dig into the where the supply is actually going to come from to feed the increasing demand for uranium.  Justin breaks down what we know about the past and forward guidance for largest producers like Kazatomprom, Cameco (CCO.TO) (CCJ), and Orano.  He also reviews the US-based producers that are projected to add in more production over the next few years like enCore Energy (EU.V) (EU), Energy Fuels (EFR.TO) (UUUU), Ur-Energy (URE.TO) (URG), Peninsula Energy (PEN.AX) (PENMF), and Uranium Energy Corp (UEC).   Despite all these different producers rushing to bring more production online, it is still nowhere close to enough to fill the shortfall in supply to meet the rising demand.   Next we discuss the importance of the longer-term off-take contracting cycle, between the utilities and the uranium mining companies, and what market signals we can take away from the recent higher levels seen in contracts.  Additionally, Justin touches upon what this means for the overall health of the uranium companies if they have locked in much higher prices for uranium sales contracts years into the future.  In addition to supply and demand fundamentals driving the pricing in this sector higher, there is a also somewhat of a romantic nuclear renaissance going on in nuclear energy on the global stage, with many nations changing their opinions on the importance of nuclear power, and it's place in the energy mix.   We wrap up by getting Justin's thoughts on where we are with the moves in uranium stocks versus the moves we've seen in the spot pricing, and how the larger sector leaders have been outperforming the smaller juniors as investment funds primarily are seeking liquidity.   However, we note that recently the Sprott Junior Uranium Miners ETF (URNJ) has started to outperform Cameco, which shows investor appetites are growing for the small and mid-sized uranium companies.   Justin shares how he is managing his portfolio, making a few trades, but mostly staying long and strong with his current portfolio picks.   Click here to visit the Uranium Insider website.

Chris Frostad, President and CEO of Purepoint Uranium Group (TSXV: PTU | OTCQB: PTUUF) talks about exciting new developments on the company's projects in the Athabasca Basin in Saskatchewan, Canada. In particular, he dives into the details of the company's drilling plans for Hook Lake joint venture with Cameco and Orano, as well as plans to advance several other projects. He also talks about the rising global demand for uranium. Lastly, he analyzes what these new plans mean for the future of the company and its shareholders. Learn more at:  https://purepoint.caWatch the full YouTube interview here: https://youtu.be/ST0A7Us-rKAAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Interview with Chris Frostdad, President & CEO of Purepoint UraniumOur previous interview: https://www.cruxinvestor.com/posts/purepoint-uranium-tsxvptu-costs-reduced-portfolio-optionality-maintained-3525Recording date: 26th January 2024With uranium prices rising off decade lows, Canada's Athabasca Basin is attracting renewed attention from investors eager to profit from the next exploration success story. Purepoint Uranium ticks all the boxes for a premier uranium junior. Strategically positioned next to recent high-profile discoveries like Fission Uranium's Triple R and NexGen's Arrow deposits, Purepoint's flagship Hook Lake project lies on-trend with these world-class assets boasting grades over 5% U308.Supported by funding agreements with two industry heavyweights in Orano and Cameco, Hook Lake exploration is systematically testing similar geology to these neighboring multi-million pound uranium occurrences. Purepoint only carries 21% of expenditures here while benefiting from any exploration upside. Recent results reveal “we're starting to step into something bigger” says company President Chris Frostad. He sees intensive activity coming in the region longer-term as deposits eventually consolidate into larger production centers.Purepoint supplement this flagship with wholly-owned uranium projects offering blue sky potential for new discoveries as the uranium investment case strengthens. Frostad believes "this is the time to take advantage of a hot market and actually put your hands on a proper resource.” The company has defined drilling targets ready to test. Having raised $4 million in recent months, Purepoint is fully financed to push forward.Uranium demand is clearly outstripping supply as new nuclear reactors come online. Fifty units are now under construction including next-gen SMR designs. With most analysts forecasting widening shortfalls, higher uranium prices over the next few years seem assured. This bodes well for juniors like Purepoint holding drill-ready projects in tier-one jurisdictions. As the sole listed pure play explorer in the Athabasca region, the stock offers unrivaled exposure here.The current $50 million valuation leaves substantial upside once markets grasp Purepoint's potential.Savvy uranium investors should have this overlooked name on their radar.—View Purepoint Uranium's company profile: https://www.cruxinvestor.com/companies/purepoint-uranium-group-incSign up for Crux Investor: https://cruxinvestor.com

Justin Huhn, Founder and Publisher of the Uranium Insider, joins us to provides a comprehensive macro update on the uranium and nuclear fuel sector, after having a very good year of higher u308 prices surging over $80 per pound, and very nice moves higher in many of the more established uranium mining stocks.   On the demand side of the market, we continue to see big commitments to increasing their nuclear energy build out from many countries coming out of the ongoing COP 28 conference, and we note many surprising countries, like Sweden, South Africa, Ghana, Egypt, Morroco, and Uganda making commitments to build new reactors.   Additionally we see both lifetime extensions on existing plants in the west, and Chinese reactor builds in the east as key demand drivers. With regards to the contracting cycle and term pricing, we have seen more transactions over the last year which demonstrates that the larger players are getting into position for a more active phase of the uranium pricing cycle.   Next we shift over to the supply side of the sector, and the increased interest in companies that can readily produce uranium, which is mostly isolated to a few of the largest companies like Cameco, Orano, and Kazatomprom,  and then some of the smaller US-based ISR producers like Energy Fuels (UUUU) (EFR), enCore Energy  (EU) (ENCUF), Ur-Energy (URE) (URG), Peninsula Energy (PEN.AX) (PENMF), and Uranium Energy Corp (UEC).  Justin discusses the size of some of the new reactors being built and the initial fuel load many will need that is 2-3 times the normal operating fuel, and there just won't be enough supply coming online to fuel all the 62 reactors under construction and the existing 436 global reactors, without some larger projects coming online.    We discussed the significance of the NexGen Energy's (NXE) Arrow deposit, the Phoenix Project from Denison Mines (DML) (DNN), and Global Atomic's (GLO) (GLATF) Dasa Project as key larger projects that will need to come online to feed the growing demand, but noted that they are still years away from production coming online.   This creates a very interesting supply/demand mismatch over the next 5 year window of time, and Justin unpacks how this will continue to underpin pricing for the medium to longer-term, as well as continued interest in the uranium stocks from investors.   Click here to visit the Uranium Insider website.

Purepoint Uranium Group's (TSXV: PTU | OTCQB: PTUUF) President and CEO Chris Frostad joins us as he discusses his firm's strategic developments with three large uranium mining companies: Cameco, Orano, and Foran Mining. These collaborations are a testament to Purepoint's commitment to investing in uranium exploration in Canada's Athabasca Basin.In the interview, Chris shares the great news that Purepoint has received approval for its exploration program at its Hook Lake Project and shares that the drill program will commence in January 2024. He also showcases Purepoint's dedication to innovative exploration techniques as the Company is scheduled to do its drilling operation at its Smart Lake JV Project in Q1 2024 and will include transient electromagnetic surveys targeting the Groomes Lake conductor.Stay updated on Purepoint Uranium Group's drill programs: https://purepoint.caWatch the full YouTube interview here: https://www.youtube.com/watch?v=v_TRLpZtHzIAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

durée : 00:02:53 - Grand angle - par : Delphine Simon - Près de Cherbourg, dans le Cotentin, vient d'ouvrir Héfaïs, une école qui forme des soudeuses et des soudeurs de haut niveau dans le nuclaire. Elle est financée par EDF, Naval Group, Orano et CMM.

Thomas Lamb, CEO and Board Member of Myriad Uranium ( CSE: $M | OTCQB: $MYRUF | FSE: C3Q), digs deeper into his Company's exciting uranium projects in Wyoming, USA, and Niger.Learn more from Thomas as he discusses Myriad's Copper Mountain Project in Wyoming, the hottest place for uranium in the United States as the country is looking to reduce dependence on foreign sources for uranium. Contrary to its name, Copper Mountain has a rich historical uranium production from 1955 to 1970.In Niger, Myriad Uranium's mining assets totaling 1,800 sq km are adjacent to Africa's largest uranium deposit—Orano's Imouraren. The assets are also adjacent to Africa's highest-grade development stage uranium deposit—Global Atomic's Dasa Project.Finally, Thomas emphasizes his Company's focus on mitigating the risks associated with uranium exploration and explains why Myriad Uranium presents an exciting opportunity for investors in the stock market today.Find out more about Myriad Uranium: https://myriaduranium.comWatch the full YouTube interview here: https://www.youtube.com/watch?v=LdjCZBmhxLUAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

As the go-to expert in the uranium market, Purepoint Uranium Group (TSXV: PTU | OTCQB: PTUUF) President and CEO Chris Frostad discusses the state of uranium mining in today's investing landscape, noting more than a 50% price increase in uranium stocks since last year, and attributing it to a combination of increased demand and supply shortages. He also discusses the changing sentiment around nuclear power, explaining how it has shifted from fear to being recognized as a crucial element in achieving net zero objectives.Shifting the focus to Purepoint Uranium in the stock market today, Chris updates investors on the company's drill-ready portfolio, including joint ventures with large Uranium producers Cameco and Orano. With several projects ready for drilling, Purepoint Uranium anticipates an exciting year ahead, with ongoing news flow and mineral exploration activities.Learn why Purepoint Uranium is one of the uranium stocks you can consider: https://purepoint.caWatch the full YouTube interview here: https://www.youtube.com/watch?v=0H2NFcv9hesAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Le président français Emmanuel Macron est arrivé ce mercredi 1er novembre à Astana pour une visite de deux jours au Kazakhstan, puis en Ouzbékistan. Un déplacement à fort accent économique. Une délégation d'une quinzaine de patrons d'entreprises est d'ailleurs du voyage. Des contrats sont attendus dans les secteurs pharmaceutique et aéronautique. Sont également représentés, dans la délégation, les secteurs de l'agroalimentaire et surtout de l'énergie et des minerais.Déjà cinquième investisseur étranger au Kazakhstan, du fait notamment de l'implantation de TotalEnergies, la France est sur les rangs pour le projet d'une première centrale nucléaire, qui doit encore être validé par référendum.Construire et s'approvisionnerAvec sa politique de relance de l'atome civil, la France cherche par ailleurs à diversifier et consolider son approvisionnement. Orano entend donc développer ses activités en Ouzbékistan et au Kazakhstan, déjà importants fournisseurs en uranium de la France. D'autres matières premières sont convoitées. Le sous-sol de la région regorge de « matériaux critiques » essentiels pour la transition énergétique.La France est loin d'être la seule à s'intéresser à la région. L'Asie centrale attise les convoitises tous azimuts. Au nord, la Russie conserve des appétits. Le Kazakhstan, l'Ouzbékistan et les trois autres pays d'Asie centrale de l'ex-Union soviétique sont restés liés à Moscou.Avec l'invasion de l'Ukraine, même si certaines capitales marchent sur des œufs dans l'équilibre géopolitique, selon la Banque européenne de reconstruction et de développement, les échanges commerciaux avec la Russie ont été stimulés. Entre autres, car ces anciens satellites de Moscou serviraient d'intermédiaires. Mais pas seulement, la Russie a dû modifier les flux de marchandises.Après le bras de fer avec l'Union européenne au sujet du gaz le 7 octobre, le coup d'envoi à la livraison de gaz russe a été donné à l'Ouzbékistan via le Kazakhstan. L'Ouzbékistan, pourtant riche en hydrocarbures, a néanmoins été confronté à une crise énergétique l'hiver dernier. Et puis Moscou a aussi, selon Le Figaro, redynamisé un projet de « corridor de transport international Nord-Sud » allant de Saint-Pétersbourg à Bombay par bateau, le train et la route.« Nouvelles routes de la soie »Il n'empêche, Moscou étant occupée en Ukraine, d'autres prétendants en profitent pour faire la cour à l'Asie centrale, à commencer par la Chine. Pékin soigne ses relations dans la région. Xi Jinping avait réservé au Kazakhstan l'honneur de sa première visite à l'étranger post-Covid. En mai, la Chine a organisé un sommet à Xi'an, terminus de la « route de la soie », celle d'antan. Tout un symbole, car l'Asie centrale est l'un des points névralgiques du projet des « nouvelles routes de la soie » de Pékin.Côté ouest, la Turquie avance également ses pions dans cette région de langue turcique. Recep Tayyip Erdogan se rendra d'ailleurs au Kazakhstan ce 3 novembre. Entre-temps, jeudi, le Premier ministre hongrois Viktor Orban aura pris part au défilé.L'ensemble de l'Europe n'est d'ailleurs pas en reste. En marge de la COP27, l'Union européenne a conclu un accord de partenariat stratégique avec Astana sur les matières premières, les batteries et l'hydrogène vert.

Explore the world of uranium exploration with Chris Frostad, the President and CEO of Purepoint Uranium Group Inc. (TSXV: PTU | OTCQB: PTUUF).In this interview, you'll discover Purepoint's mission; uranium ventures at their flagship Hook Lake Project in the northern Saskatchewan Athabasca basin; and exciting developments in the uranium market.Chris also discusses Purepoint's strong competitive advantage as the only exploration company actively partnered with, funded by, and operating for Cameco, one of the world's largest uranium providers, and multinational nuclear power company Orano.For more information: https://purepoint.caWatch the full YouTube interview here: https://www.youtube.com/watch?v=IRA06M_so1cAnd follow us to stay updated: https://www.youtube.com/@GlobalOneMedia?sub_confirmation=1

Interview with Chris Frostad, President & CEO of Purepoint Uranium Group Inc. (TSX-V:PTU)Our previous interview: https://youtu.be/QDsHRx2gtjgRecording date: 15th August 2023Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) spearheads a robust exploration operation of nine advanced uranium projects in Canada's Athabasca Basin. They have a leading joint venture at Hook Lake in collaboration with Cameco and Orano, and another joint venture at Smart Lake with Cameco. Additionally, Purepoint possesses seven projects, fully owned, showcasing uranium-rich prospects. As they undertake dynamic exploration activities across various projects, Purepoint is positioning itself as the leading uranium explorer in the world's most uranium-abundant district.

What's been happening:Niger – awaiting the next catalyst?On 26 July news broke of a coup in Niger - borders were closed and a nationwide curfew was declared, and all institutions of the republic were suspended.https://www.bbc.com/news/world-africa-66320895In the days following we saw statements from Global Atomic and GoviEx that employees were safe and it was business as usual. https://globalatomiccorp.com/investors/news/news-details/2023/Global-Atomic-Updates-the-Situation-in-The-Republic-of-Niger-July31/default.aspxhttps://goviex.com/site/assets/files/4676/2l_nigerupdate_310723_final.pdfWith 25% of the EU's uranium coming from Niger the coup raised a series of concerns for their clean energy sector. Orano the major operator in the region said ‘operations continue as normal'.https://greeninvesting.co/2023/07/niger-coup-threatens-frances-uranium-supply-nuclear-energy-industry/We discuss how this key development might affect the uranium market.Winner of the week:It's a tie between Vogtle & China.Georgia Power declared that Plant Vogtle Unit 3 has entered commercial operation. They are the tied winner because the US administration saw the bigger picture and persisted, and can now look forward.https://www.georgiapower.com/company/news-center/2023-articles/vogtle-unit-3-goes-into-operation.htmlChina approved 6 new nuclear reactors commencements at $17B investment. Even though these are the first approvals for 2023, they are in addition to 10 in 2022. China accounts for 23 of 55 nukes under construction globally.https://world-nuclear-news.org/Articles/Six-reactors-approved-for-construction-in-Chinahttps://www.bloomberg.com/news/articles/2023-08-01/china-approves-six-nuclear-reactors-at-17-billion-investment?utm_source=website&utm_medium=share&utm_campaign=twitter#xj4y7vzkgBungle of the week:Collectively award it to all of those that proclaimed that renewable pricing can only get cheaper.These last 2 weeks Vattenfall and Ørsted abandoned offshore wind projects in the US & UK due to soaring costs of up to 40%.https://www.bloomberg.com/news/articles/2023-07-22/biggest-offshore-wind-power-plans-in-crisis-iberdrola-orsted-vattenfall-hithttps://www.rechargenews.com/wind/too-expensive-us-state-refuses-lone-offshore-wind-bid-by-orsted-jv-on-cost-concerns/2-1-1488381Siemens Gamesa board has initiated an "extended technical review" that will incur "significantly higher costs" than previously assumed, estimated to be in excess of 1 billion euros ($1.09 billion).https://www.cnbc.com/amp/2023/06/23/siemens-energy-scraps-profit-outlook-as-wind-turbine-troubles-deepen.htmlhttps://www.bloomberg.com/news/articles/2023-06-29/wind-turbines-that-shake-and-break-cost-their-maker-billions#xj4y7vzkgQuestion of the week:KAP's sales have gone up 13% because of (FLEX) in their contracts. What does that mean?Kazatomprom 2Q23 Operations and Trading Update - https://www.kazatomprom.kz/en/media/view/kazatomprom_2Q23_operations_and_trading_updateMoonshots & Fizzers:The potential moonshot is the physical uranium funds… or will they fizzle out?For 11 days before the coup in Niger SPUT had been trading at an average discount of 11.00%, since the coup it has substantially reduced, sitting at an average discount of -7.82%.https://twitter.com/skysurfer75/status/1686513074394578944/photo/1https://twitter.com/janwolansky/status/1686470708984008704/photo/1https://twitter.com/quakes99/status/1686517113756975104?s=20Yellowcake is up nearly 6% in Londonhttps://www.holdcomarkets.com/post/the-month-in-u-inventory-yellowcake-p-nav-discount-too-narrow-in-relation-to-sputhttps://twitter.com/moniology/status/1686030693975912448/photo/1https://twitter.com/HoldcoMarkets/status/1686505128793141248/photo/1Tweet of the week:https://twitter.com/sollidnuclear/status/1683467634216509443?s=20What's been happening“Strategic patience” is required by all… an exciting September coming up.

Depuis l'invasion de l'Ukraine et les sanctions internationales contre la Russie, l'Europe très dépendante des hydrocarbures russes connaît une grave crise énergétique. Depuis lors, le nucléaire revient au-devant de la scène. Cette situation est perçue comme une aubaine par le Niger, 5è producteur d'uranium au monde. Cette ressource y est exploitée depuis près de 60 ans par le groupe français Orano, anciennement appelé Areva. Les mines de ses filiales locales, la Cominak et la Somaïr, se trouvent à Arlit, dans la région d'Agadez, dans le nord du pays. Malgré ces ressources, le Niger reste un des pays les plus pauvres au monde.   « Au Niger : l'avenir incertain de l'uranium », un Grand reportage de Gaëlle Laleix.

Swakopmund se inwoners en besoekers moet ook water spaarsamig gebruik om watertekorte te voorkom. Volgens die munisipaliteit is NamWater se produksie- en voorsieningskapasiteit vir drinkbare water onder erge druk by sy twee hoofbronne, die Omdel-boorgatskema en die Orano-ontsoutingsaanleg. NamWater is ook tans besig om belangrike elektrisiteits-infrastruktuur te rehabiliteer en om pomp-toerusting by die Omdel-boorgatskema te vervang, soos. Linda Mupupa, skakelbeampte van die munisipaliteit aan Kosmos 94.1 Nuus verduidelik.

1-Ucraina. Al fronte scene da prima guerra mondiale. A Kiev la popolazione al gelo continua a resistere. ( Emanuele Valenti, Maria Chiara Franceschelli- Normale Pisa) 2-Donald Trump a cena con antisemiti e negazionisti. L'imbarazzo della destra e della comunità ebraica repubblicana. ( Roberto Festa) 3-Cina. Primi segni dell'allentamento del Lockdown. La politica “ zero Covid” di Xi Jinping ha mostrato tutti i suoi limiti di fronte alla protesta. ( Gabriele Battaglia) 4-Iraq, la rivoluzione tradita. L'intervista all'attivista femminista Sahar Salam protagonista della rivolta dell'autunno 2019 contro la corruzione politica. ( Chiara Vitali) 5-World Music. Il pop ray algerino patrimonio dell'Unesco. La canzone popolare, nata nelle zone rurali di Orano, ha toccato senza tabù temi come l'amore, la libertà e le pressioni sociali. ( Marcello Lorrai)