Uranium price surged 11% in January to $101 per pound, fueled in part by Kazatomprom's cut in guidance for 2024 production by ~14%. Junior uranium miners were top performers for the month, climbing 18.78%. Supply uncertainties continue to dominate markets, given the situation in Niger and possible bans on Russian uranium.
New & Noteworthy
Let's Talk About Gold and Purchasing Power
February 20, 2024
Ed Coyne is joined by Ronnie Stöferle to discuss gold’s quiet ascent to new all-time highs and how it can contribute to maintaining purchasing power in today’s economy.Listen Now
Sprott Uranium Update 2024
January 30, 2024
John Ciampaglia, CEO Sprott Asset Management, joins James Connor at the Bloor Street Capital Virtual Uranium Conference to examine the growing interest in the uranium market, the current state of the spot and contracting markets and Sprott’s movement in the space.
The Emerging Renewable Energy Economy
February 13, 2024
A significant transition is underway in global energy production. The era of renewable energy is emerging and beginning to reshape power generation. Recent trends suggest that this shift is no fleeting phenomenon but a fundamental transformation powered by the relentless fall in renewable energy costs. The world is investing heavily in renewables. Some 62% of total global energy investment is now directed to clean energy.
Sprott is Bullish on Uranium as Governments Shift to the Energy Source
January 25, 2024
John Ciampaglia, CEO of Sprott Asset Management, sits down with Andrew Bell of BNN Bloomberg to discuss the uranium market and Sprott’s growth in the space. Campaglia: "We’ve been very active in educating the market and investors about the uranium thesis since we acquired the Uranium Participation Corporation in July of 2021."
February 06, 2024
Whitney George, CEO of Sprott, joined Evan Lorenz to discuss Sprott's growth and the increasing demand for critical materials, including uranium. George: "The world is going to wake up and discover that there are huge deficits in things like copper, lithium and nickel. They're volatile, but as contrarians, we have the ability to move in when others are going the other way."
Top 10 Themes for 2024
January 16, 2024
What forces are likely to drive energy transition materials and precious metals markets in 2024 and over the next decade? We discuss 10 critical macroeconomic and market-specific themes ranging from deglobalization and climate policy to the new commodity supercycle and a potential silver price breakout.
Sprott Announces Year Ended 2023 Results
Sprott Inc. Declares Fourth Quarter 2023 Dividend
Sprott Announces Date for 2023 Annual Results Webcast