|

Atomic Show #337 – Leigh Curyer, CEO NexGen Energy

ByRod Adams

NexGen Energy is a uranium mining company that is nearing the end of a long transition from a successful exploration entity to a uranium producing company.

The company is in the final stages of hearings and approvals needed from the Canadian Nuclear Safety Commission to allow it to begin constructing the mine infrastructure for its Rook 1 project. In a term that might be familiar to petroleum energy geologists, Rook 1 is a supergiant resource.

Aside: In the petroleum business, a supergiant field is one that contains at least 5 billion barrels of oil. There are more than 250 million pounds of uranium in the measured and indicated mineral resources in the Rook 1 project. Google’s Gemini says that one million pounds of natural uranium contains 31 million barrels of oil equivalent (BOE). It follows that 250 million pounds contains more than 7.5 billion BOE. End Aside.

The ore in the Arrow deposit part of Rook 1 has an exceedingly rare uranium concentration that is as high as 69% uranium oxide. On average, the deposit measures out at well over 3%.

Leigh Curyer, NexGen’s founder and CEO, visited the Atomic Show to talk about his company’s successful and continuing exploration program. We talked about the growing need for uranium fuel as the nuclear energy market expands, the tightness in the current supply chain and the impacts of a new production source that is planning to supply between 22% and 25% of the current annual uranium supply.

Curyer spoke about NexGen’s investments in planning and engineering a mine that balances the needs for profitable extraction, minimum environmental impacts and maximum community benefits. He described the company’s strategy of remediating impacts as the mining continues so that there is less to do once the mine closes.

If you are interested in uranium mining or if you are concerned about the sustainability of nuclear energy in terms of ensuring an adequate fuel supply, you will find this to be a fascinating conversation.

Play

Podcast: Play in new window | Download (Duration: 39:47 — 38.6MB)

Subscribe: RSS

Rod Adams
Rod Adams

Rod Adams is Managing Partner of Nucleation Capital, a venture fund that invests in advanced nuclear, which provides affordable access to this clean energy sector to pronuclear and impact investors. Rod, a former submarine Engineer Officer and founder of Adams Atomic Engines, Inc., which was one of the earliest advanced nuclear ventures, is an atomic energy expert with small nuclear plant operating and design experience. He has engaged in technical, strategic, political, historic and financial analysis of the nuclear industry, its technology, regulation, and policies for several decades through Atomic Insights, both as its primary blogger and as host of The Atomic Show Podcast. Please click here to subscribe to the Atomic Show RSS feed. To join Rod's pronuclear network and receive his occasional newsletter, click here.

Similar Posts

  • The Atomic Show #033 – Pebble Power (pebble bed reactors)

    ByRod Adams

    Pebble bed reactor history and future At the request of several listeners and blog readers, Shane and I decided to focus this podcast on the graphite and heavy metal “pebbles” that form the basic fuel element for a number of currently proposed reactor types. We talk a bit about the inventor of the pebble bed…

  • Atomic Show #242 – Moltex Energy – Ian Scott and John Durham

    ByRod Adams

    Moltex Energy has developed a unique conceptual design for a molten salt reactor called the Stable Salt Reactor. In this design, the fuel salt is loaded into tubes that resemble the standard cladding tubes into which solid pellets are loaded in a conventional water cooled reactor. The tubes are arranged into assemblies that resemble the…

  • Atomic Show #186 – SMRs, Climate Change, and Natural Gas Competition

    ByRod Adams

    On the evening of July 29, 2012, Suzy Hobbs-Baker, Director of the Nuclear Literacy Project and founder of PopAtomic Studios, Dan Yurman, who blogs at Idaho Samizdat and writes for Fuel Cycle Week and the ANS Nuclear Cafe, Margaret Harding, an independent nuclear energy consultant who blogs at 4 Factor Consulting, and Cal Abel, a…

  • Atomic Show #205 – Peter Sandman teaches nuclear communicators

    ByRod Adams

    Dr. Peter Sandman is one of the world’s leading experts on risk communications. He is the author of one of the most referenced texts for practitioners in the field titled Responding to Community Outrage: Strategies for Effective Risk Communications. After building a profitable consulting business that has provided the resources to send both his children…

  • The Atomic Show #135 – Tom Sanders – President, American Nuclear Society

    ByRod Adams

    Tom Sanders took office as the President of the American Nuclear Society on June 18, 2009. Rod Adams spoke with him on the day before. Tom explained his goals for the year, the importance of nuclear technology to national security and the enthusiasm that he has for “right-sized” reactors. Podcast: Play in new window |…

  • Atomic Show #341 – Ho Nieh, Chairman U.S. Nuclear Regulatory Commission

    ByRod Adams

    Ho Nieh, Chairman of the U.S. Nuclear Regulatory Commission, visited the Atomic Show for a wide ranging discussion about the agency, its role in enabling the safe use of nuclear energy, the importance of its mission to the energy future of the United States, the benefits of having organization led by a five person commission…