About Us

Vico Energy Corp is a private Canadian company with the objective of acquiring, developing and safely operating high quality uranium deposits worldwide.  Vico Energy’s management consists of proven mine development and mine management experts with decades of international experience in every aspect the mining life cycle, from discovery through feasibility, financing, permitting, construction, operation and reclamation.  Furthermore, Vico Energy has developed an industry-leading mergers-and-acquisitions database, consisting of thousands of international uranium projects, from which we devise our growth-through-acquisition strategies.  Vico Energy will provide solutions to an escalating global uranium supply crisis.

The management of Vico Energy have all been previously involved at the management or the board level of successful publicly-traded uranium mine development companies.  From this experience, the current management of Vico has come together to attempt to construct a new senior international uranium mine development company.  The senior tier of the uranium mining sector is very much an under-represented tier, and highly concentrated.  There are currently ten companies in the world who control 89% of the total global supply of uranium, as of 2009.  These companies are:

Company

Annual Output in Tonnes

% of Global Production

Areva     

8,623

17.0%

Cameco Corp

8,000

15.8%

Rio Tinto plc

7,963

15.7%

KazAtomProm

7,467

14.7%

ARMZ

4,624

9.1%

BHP Billiton

2,955

5.8%

Navoi

2,429

4.8%

Uranium One

1,368

2.7%

Paladin Energy

1,210

2.4%

GA/Heathgate

583

1.1%

Other

5,550

10.9%

Total

50,772

100.0%

 

For this reason, and owing to the uranium supply-demand dynamics (please see www.vicoenergy.com/uranium101), Vico Energy feels that it is the most ideal point in this specific commodity cycle to deliver a new entrant into the sector.