Uranium Royalty has grown its portfolio to incorporate 21 belongings, with stakes in key uranium initiatives in Saskatchewan’s Athabasca Basin together with Cameco’s (TSX: CCO; NYSE: CCJ) MacArthur River, in addition to Paladin Power’s (ASX: PDN; US-OTC: PALAF) Langer Heinrich mine in Namibia.
The corporate has additionally stockpiled 2.6 million lb. of uranium at a mean price of $56 per lb. and holds over $300 million in liquid belongings, placing it in a chief spot to learn from the market’s restoration, in keeping with Melbye.
Watch the complete interview with The Northern Miner’s western editor, Henry Lazenby.