A new year brings with it new opportunities and this is what Africa Mining Forum and Mining Review Africa will deliver in 2021 as we take a new approach to delivering industry-relevant content to you over the course of the year - designed to keep you up to speed with how the industry is tracking and what jurisdictions and commodities you need to keep an eye on.
We guarantee these digital touchpoint sessions will help guide your African mining investment decisions.
In this session, we take a closer look at uranium, which is poised for significant demand growth and a potential bull market in 2021. Uranium is currently trading at a spot price of about US$30/lb – an increase in the pre COVID spot price of about $24/lb.
With the suspension of operations at uranium mines in 2020 and potential suspensions on the cards again this year as a result of the second coronavirus wave, this could drive the uranium price higher as long-term demand is set to continue.
While the uranium market has not been in the favour of producers for quite some time, the shorter-term fundamentals of a tighter market is starting to favour producers, which may bode well for the uranium price over the medium to long-term. A higher uranium price will enable companies with development assets to raise the necessary funding to build their mines.
This could see African uranium producers finally bring their notable assets into production on the back of the resurgence in this commodity.
Watch this recorded discussion as we discuss the potential resurgence in the uranium market, the opportunity that this holds for Africa’s top uranium developers, while also unpack the key considerations in unlocking these assets.

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Key discussion points included:

  • Uranium price environment and price predictions
  • Insights from African uranium project developers
  • Case studies from uranium juniors in Africa – latest updates
  • The importance of uranium in the global energy sector
  • Is now the time to invest in uranium?