2. Uranium deposits

2.1 Economic definition of the deposit

The notion of a uranium deposit is determined by economic parameters that depend on market fluctuations, but also on other factors inherent to the country in which the deposit is located.

Among the factors influencing feasibility are mining legislation, financial amortization rules, taxes and duties at the various stages of production, and personnel, material and transport costs.

In general, high-grade deposits are relatively insensitive to economic fluctuations. On the other hand, the exploitability of a large low-grade deposit can be called into question if one of the parameters has been incorrectly assessed during feasibility studies.