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Uranium fundamentals positive for clean baseload power – Resource World Magazine

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By David Duval
The long-term fundamentals for the uranium market remain positive given the growing trend towards electrification supported by growth in baseload power supply, the switch to reliable fossil fuel alternatives, and the electrification of transportation.
Today, more countries than ever are making Net Zero commitments including the U.S. which has also expressed support for its nuclear industry including the construction of new advanced reactors.
“From a policy point of view, there is recognition that nuclear will be needed in the toolbox to sustainably achieve both electrification and decarbonization,” notes Tim Gitzel, president and CEO of Cameco Corp. [CCO-TSX; CCJ-NYSE], one of the largest global providers of fuel for nuclear reactors. Nuclear power emits nearly 70 times less carbon dioxide than coal, making it significantly less carbon intensive than fossil fuels. ....

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Blue Sky Uranium Reports Commencement of 4,500 m Drill Program

Blue Sky Uranium Reports Commencement of 4,500 m Drill Program
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VANCOUVER, BC, Feb. 17, 2021 /PRNewswire/ -
Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF),
( Blue Sky or the Company ) is pleased to announce that the Company has commenced the reverse circulation ( RC ) drilling program at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina, (
AGP ) announced on February 1, 2021.
This program is a major step in our strategy to identify new uranium resources near Ivana and throughout the district, stated Nikolaos Cacos, Blue Sky President & CEO.
The persistent strong outlook for uranium provides a supportive environment for our work, and we look forward to continued success that will build additional value at Amarillo Grande. ....

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