The UK’s nuclear sector needs support and clarity from the government

Britain’s nuclear sector needs the government and industry to commit to the country’s nuclear capability in the critical next decade, a new report suggests. EY will publish a report today saying the government estimates investment of more than £45bn will be needed to develop the first three new nuclear power plants: Hinkley Point C, Wylfa …

US eyes safety rules for small modular reactors, as nuclear touted at UN climate meeting

Dive Brief: The U.S. Nuclear Regulatory Commission (NRC) is considering new safety rules for small modular nuclear reactors, new types of facilities that aim for faster permitting and construction, possibly relying on off-site development. Earlier this year, NuScale Power submitted designs for a new type of reactor to NRC — an initial step towards permitting smaller facilities that could be …

V.PTU: Hook Lake JV Partners Approve $4 Million For 2018 Exploration Budget

Toronto, Ontario – November 16, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) announced today that the proposed 2018 Hook Lake JV exploration program with a budgeted cost of $4,000,000 has been approved by the JV partners. Situated within the Patterson Uranium District, the Hook Lake JV is a project owned jointly …

World Energy Outlook 2017

Global shifts in the energy system Four large-scale shifts in the global energy system set the scene for the World Energy Outlook 2017: the rapid deployment and falling costs of clean energy technologies, the growing electrification of energy, the shift to a more services-oriented economy and a cleaner energy mix in China, and the resilience …

Cameco, Areva & Purepoint Approve $4M for 2018 Patterson Drilling

Purepoint Uranium Group Inc. announced today that the proposed 2018 Hook Lake JV exploration program with a budgeted cost of $4,000,000 has been approved by the JV partners. Situated within the Patterson Uranium District, the Hook Lake JV is a project owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium …

Texas uranium deposits could meet US nuclear energy demand for almost a year

The Southern High Plains region of Texas, New Mexico, and Oklahoma may hold more uranium than previously thought, a new study published Tuesday shows, but prices for the radioactive commodity would need to move much higher before any new mining takes place in the area. According to the latest report by the US Geological Survey (USGS) there …

A.BMN: positions Etango at forefront of the global uranium development pipeline

Bannerman Resources Ltd (ASX:BMN; NSX:BMN) continues to maintain its Etango Uranium Project in Namabia at the forefront of the global uranium development pipeline. Bannerman has now revealed details of the successfully completed Etango Processing Optimisation Study (Processing OS), by its independent technical consultants, AMEC Foster Wheeler. And the timing couldn’t be better with Cameco Inc announcing the suspension of production …

V.PLU: Drills 45.0m of 633 ppm U3O8

Plateau Uranium Inc. has provided excellent initial drill results from the first drill hole at the new Falchani discovery, located in the Chaccaconiza area of the company’s Macusani Plateau project in southeastern Peru. Initial results from the first diamond drill hole reveal thick uranium mineralization from surface to 45m downhole and very high-grade lithium mineralization …