BGV Uranium

Brochure

with detailed info about deposit geology, mineralization. reserves, permit and mining technology:

Key Points:

Uranium is a silvery-white metallic element that is malleable, ductile, very dense and naturally radioactive. Uranium has several important industrial applications, but its principle use is as a fissionable material (atoms that can be split apart to release energy) to produce nuclear fuel for electricity generation. Worldwide mining is about 62,000 metric tons of uranium annually.
“Nuclear capacity is expected to rise for the foreseeable future as global energy demand is projected to increase and due to the growing need for a clean energy transition. Reactor-related uranium requirements vary considerably from region to region, reflecting projected nuclear capacity increases and possible inventory building. Annual uranium requirements are projected to be largest in the East Asia region.
Recognising the security of supply, reliability and predictability that nuclear power offers and promoting incentives for all types of low- carbon technologies, are key conditions for a greater projected growth in nuclear capacity, and consequently, in uranium demand.
Key factors influencing future nuclear energy capacity include projected electricity demand, the economic competitiveness of nuclear power plants, as well as funding arrangements for such capital- intensive projects, proposed waste management strategies and public acceptance of nuclear energy. The extent to which nuclear energy is seen to be beneficial in climate change mitigation could contribute to even greater projected growth in nuclear capacity and, consequently, in uranium demand.
The COVID-19 pandemic has highlighted the importance of electricity security in modern societies. Recognising the security of supply, reliability and predictability that nuclear power offers and promoting incentives for all types of low- carbon technologies are key conditions for a faster deployment of nuclear power. Near-term actions, including supporting lifetime extensions and expanding new builds of both large and small modular reactors (SMRs), are required.“

Uranium 2020, Resources, Production and Demand by OECD

Many natural minerals contain uranium. Lignite and sands also contain the element (for instance Safonovskoye deposit). Uranium ores typically have very low yields of the element of between 0.1 to 0.2%, and some have concentra- tions lower than 0.05%. In August 2015, the Nuclear Energy Systems of Ukraine (NESU) Company was established. In 2018, NESU received special permits for geological study of subsurface resources and pilot mining test for four uranium fields in Mykolaiv and Dnipropetrovsk regions of Ukraine (Safonivske, Mykhailivske, Novohuriv- ske and Surske). In 2018–2019, follow-up ex- ploration of Safonivske field was carried out, and reserves were calculated that past exper- tise in 2019 at the State Reserves Committee of Ukraine.
The Complete Project Feasibility Study and the Project with Pilot Test Mining as Stage 1 and with the use of the proce- ssing unit of Promtekhnolohii Ukrainian Scientific-Research Institute were developed for Safonivske field. The Environ- ment Impact Assessment reports on Pilot Test Mining of Safonivske and Mykhailivske fields were prepared, and public hearings were held. Land allotment was received for the construction of a factory.
Uranium map

Development Prospects

The planned activity provides for the creation of an enterprise for the extraction of minerals — uranium, which is the raw material of the nuclear fuel cycle in the country’s energy system:

Safonovskoye, Novogurovskoye, Surskoye,

and Mikhailovskoye deposits of uranium ores

Uranium
All deposits are typical hydrogenic deposits of uranium ores. Numerous ore occurrences and uranium deposits have been identified in the area. Three deposits were found in coal sedi- ments (strata), one — Mikhailovskoye deposit — in the fractured rocks of the basement.
Uranium ores are multicomponent. Joint occurrences of uranium with molybdenum, rhenium, and selenium were observed. Due to the presence of impermeable clay rocks above and below strata containing uranium, development of deposits is possible using the technology of underground leaching of uranium from ore bodies.