Full Interview with Craig Parry focusing on the Uranium Market
This is the extended interview with Craig Parry as featured in segment 2 of this week’s weekend show.
Click download link to listen on this device: Download Show
Nice Cory: I really appreciate your style of journalism: Ask the questions your audience wants to hear: I know this sounds very simplistic, but it’s a skill ( art form) most journalist lack: SINCERELY: *Thank you:
Nuclear Build Suffers More Setbacks And Competition From Solar And Wind Expansion
Nov. 26, 2016
– Significant delays in nuclear implementation in China, with targets not met.
– France has 20 of 58 nuclear reactors out of action.
– Vietnam abandons plans to build nuclear reactors with Japan and Russia.
– Switzerland can’t give its reactors away, plans referendum on speedy exit from nuclear this weekend.
– World Nuclear Association figures continue to paint a misleading picture of the industry.
Waking the Giant: A Look at Cameco in Today’s Uranium Market & Going Forward
by @Leni on November 23, 2016
Uranium price: Industry settles down to depressing reality
Frik Els | Nov. 8, 2016,
Uranium collapse signals 2020 positive supply shock: GoviEx CEO
Daniel Major | Nov. 15, 2016,
Uranium: the unloved metal whose price is poised to go radioactive
Jon Yeomans NOVEMBER 20th, 2016
“….Most developed countries, with the notable exception of Germany, have concluded that nuclear power is an essential part of their energy supply alongside gas and renewables. Nuclear provides a “baseload” that solar and wind energy cannot because they vary with the weather – at least until battery storage technology improves.”
“Proponents argue that no country can successfully “decarbonise”, or curb greenhouse gas emissions, without nuclear. So demand for uranium across the next two decades seems assured.”
“Each year the world adds 80m people – that’s the equivalent of another Germany,” says Reeve. “Standing still is not good enough.”
Why the Uranium Price will Bounce Back
Jocelyn Aspa • November 22, 2016
“The uranium price remains at record lows, falling from $34.70 per pound at the start of the year to $18.50 per pound by mid-November. That’s roughly a 53 percent drop over the year, and many have been bearish on a price rebound.
Still the uranium future outlook is positive among many in the industry, even though it’s currently the complete opposite.”
“Understandably, it can be difficult to not get caught up in the present–especially when times have been tough–but there is a strong consensus in the sector that it’ll bounce back sooner than one may think….”
Top Uranium-producing Companies in the World
Find out which companies produced the most uranium in 2015.
Jocelyn Aspa • November 8, 2016
Uranium price tipped to soar after Kazakh strategy shift
22 Nov 2016
“In our view, the current spot price reflects short term oversupply with the largest factor being the growth in Kazakh spot production,” said Chan.
Uranium Prices Hit A 12-Year Low Due To Feds And Clinton Cronies
ANDREW FOLLETT – 11/02/2016
“….Uranium prices have been continually falling since the 2011 near meltdown of the Fukushima Daiichi power plant, which caused public opinion to turn against nuclear power. In early 2011, uranium was trading around $70 a pound.
Today’s low uranium prices are also partially due to the DOE dumping vast swaths of uranium onto the market to fund its operations, lowering the price enough to harm the U.S. uranium industry. Since 2011, DOE has sold off roughly $1 billion of publicly-owned uranium through private sellers without overseeing the transactions, and research by the Government Accountability Office found DOE did not did not properly value uranium sales or adequately assess any impact on the commercial uranium market.
Another major factor is that environmentalists and left-wing politicians have used alleged environmental risks to cripple the American uranium industry, allowing foreign producers, especially Kazakhstan and Russia, to flood the American uranium market. As a result, American uranium mining is on the decline as a result of the extremely strict regulations, with fewer new holes drilled and expenditures for new land, exploration, and drilling declining 22 percent, according to the U.S. Energy Information Administration (EIA).
American commercial nuclear reactors doubled their purchases of Kazakhstani uranium in 2014, largely due to the decline in the amount of the American uranium industry. Kazakhstan alone now supplies 23 percent of the uranium for America’s nuclear reactors, according to the EIA…”
On shaky ground: Australian uranium and Fukushima
Dave Sweeney 28 November 2016
Discover the global uranium mining sales market forecasts (2016-2021) with industry chain structure, competitive landscape, new projects and investment analysis
WhaTech Channel: Mining Market Research- Published: 25 November 2016
Uranium Week: Stability Returns
BY GREG PEEL – 22/11/2016
How it’s made (Uranium)
Alberta inks $1.36bn deal with three firms to shut down coal plants
Cecilia Jamasmie | a day ago
Coal is still king for Canadian railways despite Liberal government’s energy plant phase out
Kristine Owram | November 23, 2016
Canada to fully phase out Coal Power by 2030
Cecilia Jamasmie | 5 days ago
Finland to ban coal use for energy by 2030
Cecilia Jamasmie | 2 days ago
The Coal Industry Isn’t Coming Back
By MICHAEL E. WEBBERNOV. 15, 2016
A Bleak Outlook for Trump’s Promises to Coal Miners
Clifford Krauss and Michael Corkery
Sunday, 20 Nov 2016
Trump’s big plan for the Coal Industry just got even harder
Tom DiChristopher | Tuesday, 22 Nov 2016
Not Forgotten: Trump makes intentions clear regarding coal industry
EDITORIALS – NOV 24, 2016
“How much good President-elect Donald Trump can do for the devastated coal industry in West Virginia remains to be seen. As we have pointed out, some of the damage caused by President Barack Obama’s war on coal and affordable electricity will be irreversible.”
“At least Trump has not forgotten about us, however. Too often, political campaign promises are forgotten even before final vote tallies are received….”
Coal Industry needs more than political help to make comeback
NOVEMBER 21, 2016
Minister defends Coal Industry after call to ban new mines to save reef
Christopher Knaus – Thursday 24 November 2016
“The Dalrymple coal loading terminal in Mackay. Former Great Barrier Reef marine park chief Graeme Kelleher says the only way to save the reef is to stop approving new coal mines.”
“Josh Frydenberg has defended Australia’s coal industry as “vitally important” days after a former Great Barrier Reef authority chief called for a ban on new mines.”
“Speaking after a forum on the reef with state and territory ministers in Sydney on Friday, the federal environment minister said other countries would simply “fill the void” if Australia did not export coal.”
“We have said consistently and publicly that coal is a part of the national and international energy mix and will be so for decades to come,” he said.
“The coal sector is vitally important in Queensland as it is in other parts of the country, it helps to meet the energy security of millions of people across the world, creating billions of dollars of export income, and employing many people…”
China risks wasting $490 billion on unneeded Coal Plants — study
Cecilia Jamasmie | about 5 hours ago
Coal payoff is ‘fair’: Capital Power CEO
Capital Power, along with TransAlta and ATCO, will receive $1.1 billion in compensation from the Alberta government over the next 14 years as these companies retire their coal-fired power plants. We hear from Brian Vaasjo, president and CEO of Capital Power, on how this announcement will affect his company.”
B.C. First Nations, government ink multi-million dollar Coastal GasLink deal
Business in Vancouver | 2 days ago
China To Receive Second Shipment Of American Natural Gas
By Zainab Calcuttawala – Nov 25, 2016
Natural gas industry called on to provide stronger advocacy to counter environmental attacks
Washington (Platts)–23 Nov 2016
Trump eyes Oil, Natural Gas regulations for repeal
Washington (Platts)–23 Nov 2016
Here’s A Historic First For America’s Natural Gas Industry
By PiercePoints on November 16, 2016
“America’s energy scene has been in massive flux since the “shale miracle” broke in 2010.
And these past weeks, the U.S. oil and gas industry set a milestone. Doing something never done before in American history.
Becoming a net exporter of natural gas…”
Natural Gas as a Global Commodity
Jude Clemente – NOV 23, 2016
“The U.S. became a net gas exporter just a few weeks ago, but exports to Canada have actually been falling. Unlike still developing Mexico, Canada doesn’t have huge incremental gas needs, explaining why it’s so critical for Canada’s gas industry to have access to global markets via LNG. Interestingly, while Mexico is overdependent at 60%, natural gas accounts for just 10% of Canada’s power generation.
But, U.S. shale gas will continue to be very competitive into eastern Canada as new pipeline infrastructure gets built, such as the Rover and Nexus routes which will take Marcellus and Utica gas to southern Ontario’s Dawn hub. Both are expected to have completed phases next year.
One interesting market to watch will be how rising oil prices impact oil sands development in Alberta and thus Canadian gas demand. Mining and in situ oil sands activity utilize gas for process heat and to upgrade bitumen to synthetic crude. Gas utilized in the business is expected to double to around 5.2 Bcf/d by 2030…”
Don’t despair, an OPEC oil deal could still work: Oil analyst
11/25/2016 – BNN Commodities
“OPEC members are set to meet next week when they will decide whether a production cut is still in the works. According to our next guest, Richard Mallinson, oil analyst with Energy Aspects, the market would be naïve to rule out the possibility of a freeze. We find out why he thinks this…”
Crude Oil Right Shoulder Action Video Analysis
Super Force Precious Metals Video Analysis
Morris Hubbartt – Nov 25, 2016
Enjoyed the uranium interview.
On gold and silver, Fitts contends, “I think we are in a long-term bull market for gold, but I don’t think the consolidation is over. I was hoping the consolidation was over given how it was trading in the first three quarters, but given how it is trading now, it looks like the consolidation may not be over. The reality is gold is a number of things. In Asia, it’s real money. I think as long as Asia is converging with per capita income, gold is going to have a floor under it, and silver too. I think that’s going to continue, and the bull market is going to reassert. If the engineering of moving from a debt model to an equity model is successful, then there is going to be a lot less concern of the fundamentals of the market and stability of the system. That won’t be as good for gold. I noticed some of your latest commentators say that gold is going to very high numbers. I think if we don’t succeed in turning around North America, then you could see gold go very high because of the instability. Right now, looking at all the markets, I say equities are stronger than gold.”
Excelsior are you OK? enough comments calm down bud
Just trying to access Craig’s comments