It may have been a 3-day holiday weekend for most federal employees, but workers and contractors at TVA’s oldest nuclear plant were busy over the weekend working on the first phase of what will one of the largest power upgrades of an existing U.S. nuclear plant. TVA is installing new equipment on the Unit 3 …
Fission Uranium Corp. has released the results of an updated independent resource estimate for the Triple R deposit, which now includes the R1515W, R840W, R00E, R780E and R1620E zones at its 100-per-cent-owned, award-winning Patterson Lake South (PLS) property in Canada’s Athabasca basin region. The updated resource represents a 95% increase in pounds U3O8 classified as …
Next month, Saudi Arabia will announce the finalists of a sweepstakes. The prize? Multibillion-dollar contracts to build a pair of nuclear power reactors in desolate stretches of desert along the Persian Gulf. For Saudi Arabia’s crown prince Mohammed bin Salman, the reactors are a matter of international prestige and power, a step toward matching the …
Saudi Arabia could look to adopt nuclear energy as a way to move domestic energy consumption away from oil, the country’s foreign minister told CNBC Sunday. “We are looking at a number of countries that have nuclear technology for peaceful purposes,” Al-Jubeir said, speaking to CNBC from the Munich Security Conference. Saudi Arabia’s foreign minister …
Saudi Arabia’s King Salman bin Abdulaziz Al Saud stressed his keenness to develop bilateral relations between Riyadh and Moscow, reiterating the need to bolster cooperation between the two countries in the field of energy. This came during the meeting between King Salman and Russian Minister of Energy Alexander Novak. Minister of Energy, Industry and Mineral …
A business group geared toward sustainable energy says renewable sources of energy for the first time are generating nearly as much power as the entire fleet of U.S. nuclear reactors. The Business Council for Sustainable Energy (BCSE), along with Bloomberg New Energy Finance, on February 15 released the sixth edition of its Sustainable Energy in America …
Paladin Energy Ltd (ASX:PDN), the world’s 8th largest uranium company, is back trading on the ASX today. The company regains its crown as the largest pure-play uranium producer trading on the ASX. Its reinstatement to official quotation follows the successful completion of a recapitalisation. Paladin currently sells uranium concentrates from the operating Langer Heinrich Mine (LHM) …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that, following the recent appointment of Mark S. Chalmers as President and Chief Executive Officer (“CEO”), the Company has made certain changes to its management team. Mr. David C. Frydenlund, the Company’s previous Senior Vice President, General Counsel and …
EXCLUSIVE TO SIGHTLINE|U3O8 – Anyone who follows the uranium market is familiar with Canada’s legendary Athabasca Basin (the “Basin”) – host to the “world’s richest uranium deposits with U3O8 grades reaching 10 times that seen around the rest of the world”. Most, however, may not be familiar the true bounty of the region’s uranium stores …
TOKYO — The decision Jan. 16 to automatically extend a nuclear agreement with the U.S. came as a relief to a Japanese government worried about the prospect of renegotiating the basis for a cornerstone of its energy policy. But friction remains over a massive store of plutonium that highlights the problems with the nation’s ambitious …