>>23353143>what's with uranium that makes it so difficult to produce?The quality of asset being put into production is generally quite low because they're all restarts of projects that couldn't make it through the last cycle when the price fell off. A few have turned out pretty decent (Alta Mesa, Pinyon Plain) but most are difficult and were known to be difficult, or they would have been kept in operation and depleted years ago. Cameco and Kazatomprom's tier 1 assets are starting to wind down or have had expansion plans into lesser-quality or more challenging areas throw up hurdles. BHP have no plans to add a uranium circuit to their copper expansion plans at Olympic Dam, interestingly.
Global Atomic's Dasa is the first true greenfield on the horizon. Phoenix, Arrow, Tumas etc. should (in theory) be smoother than Honeymoon, Langer Heinrich, UEC's collection of garbage...
