Uranium Week: Dual Role For Nuclear Reactors? fnarena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnarena.com Daily Mail and Mail on Sunday newspapers.
Aug 03 2021
As the uranium spot price remained unchanged last week, the world’s largest uranium company and several small ASX-listed companies released financial results.
-Cameco expects to produce up to 12mlbs in 2021
-Shaw and Partners view on two ASX-listed companies
-Uranium spot price rises by less than 1% for the month
By Mark Woodruff
Canadian uranium producer
Cameco last week reported a net loss of -US$29.4m for its second quarter ended June 30.
President and CEO Tim Gitzel noted the company added an additional 7mlbs to its long-term sales contract portfolio, bringing the total contracted so far in 2021 to 16mlbs.
The company reported production of 1.2mlbs for the second quarter, and expects to produce up to 12mlbs on a 100% basis in 2021, provided there are no further disruptions due to covid-19, forest fires, or any other cause.
Uranium Week: Nuclear s Role For Climate Goals fnarena.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnarena.com Daily Mail and Mail on Sunday newspapers.
Boss Energy’s (ASX:BOE) Honeymoon EFS nears completion
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Boss Energy s Enhanced Feasibility Study (EFS) for its Honeymoon Uranium Project is close to completion after finalising its process engineering studies
The studies incorporated ion exchange columns, which could help increase the Australian project s nameplate capacity to 2.45 million pounds per annum
The columns form a key part of the Honeymoon EFS, which ultimately aims to reduce the operating costs of the project
Following the process engineering studies being completed, Boss advises the EFS will be finalised in May and then made public in the June quarter
Lotus Resources Ltd s new MD will drive the company towards recommencing uranium production proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.