Washington (Platts)–12 Apr 2018 554 pm EDT/2154 GMT Due to their high cost relative to other generating options, no new nuclear power units will be built in the US, an Exelon official said Thursday. “The fact is — and I don’t want my message to be misconstrued in this part — I don’t think we’re …
Russia’s state nuclear corporation Rosatom is discussing with Saudi Arabia and Uzbekistan the possibility of building nuclear power plants in these countries, head of Rosatom Alexei Likhachev said at a meeting with Russian Prime Minister Dmitry Medvedev, TASS reports. “We are working on it with Saudi Arabia, with Uzbekistan,” he said. The head of Rosatom expressed hope …
VANCOUVER, April 13, 2018 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) advises that Garrett Ainsworth, Vice President – Exploration and Development and Joanna Cameron, Vice President – Legal and Corporate Secretary have mutually agreed to conclude their employment relationship with the Company, effective April 15, 2018. The Company wishes them …
Plateau Energy Metals Inc. has initiated a search for a new chief executive officer as the company evolves into a lithium and uranium developer following the recent Falchani lithium discovery. A new CEO search has been initiated, with the formation of a search committee, comprised of independent directors, and the appointment of a well-respected Mining …
LITTLETON, Colo., April 12, 2018 /CNW/ — Ur-Energy Inc. (NYSE American:URG, TSX:URE) (the “Company” or “Ur-Energy”) is pleased to provide the following operational results for first quarter 2018. Highlights Lost Creek Operations Units 2018 Q1 2017 Q4 U3O8 Captured (‘000 lbs) 84.0 68.0 U3O8 Dried & Drummed (‘000 lbs) 80.0 60.5 U3O8 Sold (from production) (‘000 lbs) 10.0 0.0 U3O8 Sold (from purchased lbs) …
If you like to dabble in commodity markets, here’s a treat for you. It’s a great chart from Macquarie Bank that shows where individual commodities sit in their price cycle – at least based on Macquarie’s opinion – providing investors a guide as to what commodities are likely to be hot, and not, over the …
Country’s sovereign wealth fund owns US$70b in assets. Three firms are Air Astana, uranium producer Kazatomprom, and Kazakhtelecom Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, is planning initial public offerings (IPOs) for three of its major assets this year, and Hong Kong is being viewed as a strong choice as the potential venue. Nurlan Rakhmetov, its managing …
There are around 440 operational nuclear power reactors in 30 countries today. About 60 reactors are under construction in 15 countries. Countries introducing nuclear power for the first time, called “newcomers”, face a number of key challenges in infrastructure development: completing a national strategy for the programme, developing legal framework and an independent nuclear regulatory …
VANCOUVER, British Columbia, April 11, 2018 – Anfield Energy Inc. (TSX.V:AEC) (OTCQB:ANLDF) (FRANKFURT:0AD) (“Anfield” or “the Company”) is pleased to announce that is has engaged BRS Engineering to complete a mineral resource report for the Taylor Ranch uranium project in Wyoming. The Taylor Ranch project was purchased from Uranium One Americas Inc. (“Uranium One”) in September 2016 and is …
Under difficult uranium market conditions, this U.S. producer is capitalizing on a number of innovative opportunities. Energy Fuels Inc. (EFR:TSX; UUUU:NYSE.American) President and CEO Mark Chalmers addressed the uranium market issues in a recent letter to shareholders, “Things are happening in global uranium markets, namely major production cuts, that we believe will rationalize this market …