Dig Deep Examining the Uranium Market: Trends, Challenges, and Opportunities with Industry Experts
In this episode, we chat to Janet Meiklejohn & Rebecca Hunter of Forum Energy Metals, a TSX listed junior miner exploring for Uranium and Energy Metals to support a low carbon economy in and around Saskatchewan’s Athabasca Basin.
Janet who is a NED and Rebecca who is the VP of exploration, and they discuss the history of the company, the projects they are involved in, the Thelon district, an overview of the uranium market, and the outlook of the company.
Janet is also attending the upcoming Resourcing Tomorrow (3-5 December, London) is Europe's largest mining event, designed to foster innovation, drive collaboration, and accelerate growth in the mining industry. Use code DIGDEEP 10 for a 10% discount on Delegate Passes when you register here: https://hubs.ly/Q02WXjzd0
So grab your tickets now and hopefully me and Janet will see you there
KEY TAKEAWAYS
- Forum Energy Metals primarily focuses on uranium exploration, particularly in the Thelon Basin, which is considered under-explored and has the potential to become a tier one uranium district.
- The company has a strategic financial partner that owns 9.9% of Forum, providing essential support for exploration activities. Additionally, operational support from Orano, a neighbouring company with significant uranium resources, enhances Forum's potential for future collaboration.
- In 2023, Forum conducted a drilling program of nearly 7,000 meters, building a camp to facilitate operations. The results from this program are anticipated to inform future drilling strategies and exploration efforts.
- The uranium market is showing signs of recovery, driven by global decarbonisation efforts and increasing demand for nuclear power. This trend is expected to continue as more countries commit to expanding their nuclear energy capabilities.
- The management team at Forum Energy Metals includes experienced professionals with backgrounds in geology and capital markets. Their combined expertise is crucial for navigating the challenges of uranium exploration and capitalising on the opportunities in the market.
BEST MOMENTS
"We like to be focused. So we're focused on exploration. So 90% of the money that we raise goes straight into the ground, and that's what we'd like to continue doing going forward."
"The Thelon Basin is under-explored, and it has that potential to have the really big deposits, the really big sizes and grades, and it just hasn't been explored."
"There's a real focus on trying to find more uranium deposits in the West where we can actually secure our source of supply to support those power needs."
"One of the strengths that Forum has is that we have all this potential to find these kind of unconformity contact blue sky targets."
We have a strategic financial partner who owns 9.9% of us, and hopefully will continue to support us as we move forward."
VALUABLE RESOURCES
Mail: rob@mining-international.org
LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/
X: https://twitter.com/MiningRobTyson
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast
Web: http://www.mining-international.org
ABOUT THE HOST
Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
CONTACT METHOD
https://www.linkedin.com/in/rob-tyson-3a26a68/
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.