The Energy Show

Interview with John Ciampaglia, Sprott Physical Uranium Trust Our previous interview: https://youtu.be/u1E49AFixRY Recording date: 24th January 2024 Uranium’s Rising Tide Floats Investors’ Boats After years of neglect, the uranium market lies poised for an extended rally. Key tailwinds supporting higher uranium prices have converged at an opportune moment for investors to profit from a sustained b...

Recording date: 23rd January, 2024 Uranium spot prices have crossed $100/lb, yet uranium equities have not seen commensurate gains. Keller explains that more sustained spot price appreciation is needed to signal upcoming contract negotiations before investors respond more enthusiastically. Mine supply remains unable to satisfy reactor demand, with top producers Kazatomprom and Cameco struggling to...

Interview with Dustin Garrow, Uranium market expert and consultant Recording date: 19th January, 2024 Deep Yellow has meticulously executed a growth strategy to establish itself as an emerging leader well-positioned to capitalize on the coming uranium supply crunch. While utilities and regulators worldwide increasingly recognize nuclear power’s essential role in stable clean energy grids, mines st...

With Brandon Munro, CEO/MD of Bannerman Energy Recording date: 12th January 2024 Kazatomprom, the globe’s largest uranium miner supplying 40% of output, stunned markets this week by announcing it will undershoot 2023 production guidance by 10% due to persistent acid supply shortages hampering its operations. The Kazakh state-owned company said it will maintain a reduced capacity utilization of 80%...

Recording date: 12th December 2023 Neil Young, CEO and Managing Director of Elixir Energy joins Merlin Marr-Johnson to talk about the oil and gas sector.  COP28 is the topic du jour, with Neil pointing out that trying to curb energy supply does not curtail demand. Oil and Gas is not Tobacco. Human instinct is for bettering life, which involves access to energy. Industry consolidation continues as...

COP 28 The Net Zero Nuclear Industry Pledge, which commits to a goal of at least tripling nuclear capacity by 2050, was unveiled at an event at the UN's COP28 climate change summit taking place in Dubai, United Arab Emirates. Twenty-two countries have signed up to the goal of tripling global nuclear energy capacity by 2050 , at the UN's COP28 climate change conference. Countries include: Bulgaria,...

Recording date: 16th November 2023 A recent uranium conference provided an upbeat outlook on market fundamentals and future growth potential in the sector. Industry executives conveyed confidence that the transition to a supply deficit will continue lifting uranium prices higher in the years ahead. However, they cautioned that bringing new mines online to meet rising demand will prove challenging....

Interview with Olga Skorlyakova, Vice President, Market Strategy, Bannerman Energy Recording date: 2nd November 2023 The uranium industry has seen 2 significant events happen in the past 2 weeks. NEI hosted their annual International Uranium Fuel Seminar in Charlotte, North Carolina, from October 22-24. This esteemed event brought together over 200 leaders from nuclear energy utilities, the uraniu...

Recording date: 1st November 2023 The first of an Oil & Gas focussed Energy Show, with Merlin Marr-Johnson & Neil Young, MD of Elixir Energy (ASX: EXR) The recent wave of major oil and gas mergers in the US, such as Exxon acquiring Pioneer Natural Resources for $60 billion and Chevron acquiring Anadarko for nearly the same amount, signals the start of a new era of consolidation in the sect...

Recording date: 27th October 2023 We are grateful to have Dustin Garrow, Managing Principal of Nuclear Fuel Associates, to provide an overview as uranium is bucking broader equity market trends and attracting generalist funds. Conversations indicate utilities are focused on securing future uranium supply as restarts come online and more long-term contracting is expected, particularly from US utili...

Recording date: 26th October 2023 Interview with John Jentz, CEO of Latitude Uranium (TSX-V: LUR) The global uranium market is experiencing renewed interest from generalist investors and funds who recognize that nuclear power provides a critical source of clean, reliable baseload energy. With much of the world's uranium supply coming from Russia and Kazakhstan, there are concerns around security o...

Recording date: 25th October 2023 Uranium’s Fundamentals Signal a Major Bull Market After languishing for over a decade, uranium prices are on the cusp of a new bull market that stands to reward investors positioned in advance. A confluence of factors suggests the uranium market is transitioning to a period of sustained higher prices needed to incentivize new mine supply. The key demand driver is...

Recording date: 19th October 2023 *What’s been happening* Spot uranium is back through US$70/lb after dipping into the $60s. The market has digested Kazatomprom’s plan to increase production in 2025 and realized supply is still going to be hard to come by. The world has been very distracted by the Middle East and Gaza the last 10 days. Even though there are no direct effects on the uranium sector...

Interview with Siobhan Lancaster, CEO/MD of 92 Energy Ltd. Our previous interview: https://www.cruxinvestor.com/posts/92-energy-asx92e-parallel-zone-discovery-hints-at-further-significant-uranium-resource-4065 Recording date: 11th October 2023 We're glad to have Siobhan Lancaster again this time to discuss the global demand for uranium. Siobhan provides an overview of where current nuclear power p...

Recording date: 6th October 2023 Previous Energy Show with Brandon Munro: https://www.cruxinvestor.com/posts/how-namibia-uranium-benefits-from-off-shore-oil-discovery-3784 What’s been happening? Since our last energy show recording on 31 August, uranium spot has appreciated from $61.35 to $70/lb.  The market is closely watching the softening over the last two sessions after spot hit $73. Will the...

Interview with Siobhan Lancaster, CEO/MD of 92 Energy Ltd. (ASX: 92E) Recording date: 5th October 2023 Today, we're very lucky to welcome Siobhan Lancaster to the Energy Show roster to take us through a beginners / refreshers guide to Uranium Supply. A uranium industry veteran with over 10 years of experience, Siobhan presents an informative overview of the global uranium market. Having worked on...

Interview with John Jentz, Director of Consolidated Uranium (TSX-V: CUR) Recording date: 27th September 2023 IsoEnergy and Consolidated Uranium have entered into a definitive agreement to merge in an all-share transaction.  Under the terms of the deal, Consolidated Uranium shareholders will receive 0.50 shares of IsoEnergy for each Consolidated Uranium share they own. This values Consolidated Uran...

The World Nuclear Association conference in London last week provided some valuable insights into the current state of the uranium market. There was a noticeable shift in sentiment among participants compared to previous years. The mood was more somber among uranium producers as they recognize the challenges ahead to raise capital and ramp up production after years of low prices. However, there is...

Recording date: 1st September 2023 What’s been happening Brandon has been in Namibia this week for the annual Namibian Mining Expo.  We chat through what has been happening in Namibia. Offshore oil & gas and green hydrogen starting to ramp up in the country.   Winner of the week Uranium sector as a whole - Spot price has risen above $60/lbs  & ETF’s have continued to see a substantial infl...

Recording date: 22nd August 2023 John Ciampaglia, CEO of Sprott Asset Management, delves deep into the intricate world of uranium and its position in the global economy. Addressing the resilient nature of the uranium price amidst a volatile year for commodities, Ciampaglia highlights the robust demand and supply fundamentals that have shaped the market. With references to geopolitics, he underscor...

Recording date: 17th August 2023 What’s been happening: Niger is no closer to returning to democratic rule. https://www.aljazeera.com/news/2023/8/15/west-african-military-chiefs-to-discuss-niger-crisis-thursday-and-friday   Spot price continues to edge up continuing to generate flows into Uranium ETF’s.   France’s nuclear safety regulator has cleared Tricastin 1 to operate for another 10 years, ma...

Recording date: 7th August 2023 What a whirlwind of events in the world of uranium. From the mountains of Colorado to the plains of Niger, things are shifting. The uranium market is a geopolitical chess game, and the players are making their moves. Did you catch the news about the coup in Niger? Shocking, right? It's got everyone on edge, from Global Atomic to GoviEx. But here's the real question:...

Panel with John Cash, Chairman, President & CEO of Ur-Energy (TSX:URG) & David Cates, President & CEO of Denison Mines (TSX:DML) Ur-Energy is operating its Lost Creek in-situ recovery uranium facility in Wyoming. The company has produced approximately 2.7 million pounds of U3O8 since the commencement of operations. Ur-Energy now has all permits and authorisations to begin construction...

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-66320895 In the days following we saw statements from Global Atomic and GoviEx that employees were safe and it was business as usual.  https://global...

What’s been happening? It has certainly been a busy week for the nuclear sector!  There has been a host of positive news on the SMR front, the usual barrage of good policy news that we are growing accustomed to - and even some intrigue amongst uranium juniors. Brandon’s stand-out SMR news (amongst a very full competitive field) was the Joint Development agreement between US utility Energy Northwes...