Analysts were expecting 50-80 million pounds, but instead learned the uranium project holds over 105 million pounds in the indicated and inferred categories.
During a time where the pain of downward pricing has spilled from minerals into the energy sector, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.
Game-changing disruptive technologies or sustainable end-user agreements are what companies need to succeed and he shares some likely names in the cobalt, lithium, nickel, graphite—even uranium—spaces in this interview with The Mining Report.
Whereas total returns for the S&P 500 Index and 10-Year Treasury bond stayed relatively stable throughout the year, commodities and the U.S. dollar both made an incredible about-face starting around late June, early July.