May 16, 2018

I previously blogged about SMR’s in January 2016 and since that time, the development of this technology has been impressive as it moves towards commercial use. A recent report by Forbes1 confirmed that NuScale Power2 is on track to build the first small modular nuclea...

February 16, 2017

Nuclear power capacity worldwide is increasing steadily, with over 60 reactors under construction in 15 countries. Most reactors on order or planned are in the Asian region, though there are major plans for new units in Russia. Significant further capacity is being cre...

November 11, 2016

Sometimes you wish you had a nice place to hide, especially after my previous blog in July suggested a uranium price recovery was coming. I didn’t say when but the underlying tone was that a recovery was on the way, the opposite has happened! The latest published spot...

July 6, 2016

Let’s start with an admission, uranium has been severely depressed for more than 5 years, and every recovery prediction over that period has been proven wrong.  Are you thinking that I’m clearly mad to write about a pending recovery, nothing has really changed and bett...

January 29, 2016

I recently attended Mines and Money London and spent some time with other uranium explorers and producers from around the world.  Over a uranium-focused roundtable, SMRs got a lot of time and there were some strong views that this is the future for nuclear power. 


October 19, 2015

So says, Bill Gates in an interview that was recently published by The Atlantic1.

A number of salient points were raised and the commitment of Mr. Gates to combat climate change is impressive as are his insightful views on solutions.  In essence, he believes that the an...

August 11, 2015

This week in Japan, nuclear utility Kyushu Electric resumed operations at its Sendai 1 reactor, marking the first restart under new post-Fukushima safety rules enacted in July 2013.
The industry is claiming that this development is unequivocally a positive for the nucl...

April 21, 2015

The DFS, which confirmed the robust economics of Norasa, has been favourably received by long-time followers of Forsys and individuals involved in the capital markets who are familiar with the uranium sector. Most encouraging was the positive reaction at the Mines & Mo...

November 17, 2014

The uranium market recovery has been gathering momentum in recent months and I have been reading about greater confidence for a more sustained recovery with higher uranium prices in the short to mid-term.


In recent times the spot price for uranium has increased fro...

August 1, 2014

I came across an interesting article in The Economist (July 26, 20141) that compared net costs per year per MW compared with coal baseload generation. It looked at wind, sun, nuclear and gas compared to coal. The summary figure as follows:


Clearly, wind and solar d...

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