Greetings Contrarian,

This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and create new rules.

Today, we’re highlighting the very best pieces of the week for those of you laggards who might have missed some.

If you are an avid reader, a little tip: these picks are “the most clicked”, so if you want a feel for market sentiment, it would be HIGHLY advisable to always check these little summary emails.

Here are this week’s most clicked:

🔥 Hot Uranium Gossip

🙊 Kazatomprom Loses Leadership Over Russia Deal

🤑 The Richest Uranium Mines

🔥 Hot Uranium Gossip 

Overheard at PI Financial’s Uranium Webinar…

TradeTech's President, Treva Klingbiel, let slip that rumour has it another FOUR financial players are sitting on the sidelines and prepping to launch their own investing vehicles to get into the uranium spot market.

BIG if true.

You can’t say we didn’t warn you.

🙊 Kazatomprom Loses Leadership Over Russia Deal 

The sale of a part of the Budenovskoye mine, predicted to be the largest global source of uranium, to Russia's nuclear powerhouse, Rosatom, led to the resignation of several senior executives at Kazatomprom, Kazakhstan's state-owned uranium mining company.

This deal, forced by Kazakhstan's sovereign wealth fund against the wishes of Kazatomprom's management, caused the exit of two CEOs, a CFO, a COO, and a CCO within an 18-month period due to transparency concerns.

The Kazakh government, owning 75% of Kazatomprom through its wealth fund, saw this deal as a way to secure Rosatom's supply, as Budenovskoye is projected to contribute more than 10% of the world's uranium output in three years.

Despite the upheaval, Kazatomprom claims the departures were for personal reasons, while insiders suggest they were sparked by potential breach of legal duties due to the deal's lack of disclosure.

If you haven’t noticed, China and Russia are securing uranium supplies ad infinitum.

Probably nothing.

🤑 The Richest Uranium Mines

Happy Speculating!

The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.