Uranium Royalty has grown its portfolio to include 21 assets, with stakes in key uranium projects in Saskatchewan’s Athabasca Basin including Cameco’s (TSX: CCO; NYSE: CCJ) MacArthur River, as well as Paladin Energy’s (ASX: PDN; US-OTC: PALAF) Langer Heinrich mine in Namibia.
The company has also stockpiled 2.6 million lb. of uranium at an average cost of $56 per lb. and holds over $300 million in liquid assets, putting it in a prime spot to benefit from the market’s recovery, according to Melbye.
Watch the full interview with The Northern Miner’s western editor, Henry Lazenby.
