Uranium developers are companies that focus on the development of already discovered and potentially economically viable uranium assets.
These companies may continue drilling and delineating uranium deposits while conducting numerous studies to determine the financial feasibility of conducting mining operations.
The first study conducted by uranium developers is the PEA (Preliminary Economic Assessment), the second study is the PFS (Pre-Feasibility Study) and the third study is the FS (Feasibility Study).
All of these studies help the developer determine with greater confidence that they have a deposit worth mining, and that the project will make money.
Projects may be stopped as more information is found while conducting these studies that make the project unfeasible technically or financially.
There are many companies that fill this section of the market including:
- Bannerman Energy
- Berkely Energia
- Boss Energy
- Deep Yellow
- Dennison Mines
- Fission Uranium
- Global Atomic
- Goviex Uranium
- Laramide Resources
- NexGen Energy
- Vimy Resources
and so many more…
Take a look at these other uranium stocks to include in your portfolio.