Environmental Social Governance
One uranium fuel pellet creates as much energy as one ton of coal, 149 gallons of oil or 17,000 cubic feet of natural gas.
Every year, nuclear-generated electricity saves our atmosphere from more than 506 million metric tons of carbon dioxide emissions that would otherwise come from fossil fuels.
Nuclear power plays a major role in electricity provision across the US. The fleet of about 95 reactors isoperated by 30 different power companies across 30 different states. Since 2001 these plants have achieved an average capacity factor of over 90%. The average capacity factor has risen from 50% in the early 1970s, to 70% in 1991, and it passed 90% in 2002, remaining at around this level since. In 2019 it was a record 94%, compared with wind (32%) and solar PV (22%) (EIA data). The industry invests about $7.5 billion per year in maintenance and upgrades of the plants.
The Barakah plant will provide 25% of the UAE's electricity needs once fully operational and will help prevent the release of 21 million tons of carbon emissions, equivalent to removing 3.2 millions cars off the road annually.
More information on the importance of nuclear energy can be found here.
Led by Rick Kusmirski, Dave Billard, and Christine McKechnie; the team focused on rehabilitating the Moore Uranium camp from prior work programs. A massive effort was made to properly discard spent drill rods and drilling debris from programs conducted before Skyharbour. Our team takes tremendous pride in land reclamation after drill programs are completed.
The health and safety of our workers and the public is of the utmost importance to Skyharbour. Management has a strong safety record that it maintains by using systematic programs to identify and mitigate risk as much as possible. We have a strong emphasis on safety culture which we use to educate all workers and managers throughout all operations the company carries out. We have safety procedures in place at the Moore Uranium Project in case of fires, spills, or medical emergencies.
Our Workers & Management
We provide our workers a nurturing environment that allows them to become the most skilled and flexible workers possible, while maintaining a stable workforce. We comply with all laws in the jurisdictions where we operate and ensure support, respect, and protection for the human rights of everyone in our organization. We share the values reflected in international proclamations about human rights, such as the UN Universal Declaration of Human rights and the International Labour Organization treaties.
Responsibility in the Field
Skyharbour is a longstanding member of the Saskatchewan Mining Association (SMA) and attends meetings on a regular basis. VP of Exploration Rick Kusmirski has served as Co-Chair of the SMA and served on the Exploration board.
We follow the rules and best practices outlined in Mineral Exploration Best Management Practices (BMP): Download the Handbook.
Responsibility with Shareholders
Skyharbour as a Canadian public company follows all the rules and protocols outlined by the TMX Group: TSX Venture Exchange Regulatory Policies and Procedures, IIROC, and BCSC. We believe in transparency through up to date company information, proper disclosure and proper dissemination of material news.
If you have any questions or concerns, please do not hesitate to reach out to info @ skyharbourltd.com