Paladin to halt Langer Heinrich, expects uranium rebound in coming years

Paladin Energy has confirmed that the Langer Heinrich uranium mine (LHM) in Namibia will be placed on care and maintenance. The company announced last month that it may take this move at Langer Heinrich in response to challenging market conditions, including low uranium prices. It has since received the consent of key stakeholders to make the care …

U.S. and partners form international alliance to push nuclear power

The United States is leading an initiative with several other governments to promote nuclear power and encourage investment in new nuclear technologies. The initiative, launched on Thursday by U.S. Deputy Secretary of Energy Dan Brouillette with international partners, aims to “highlight the value of nuclear energy as a clean reliable energy source”. The partners are …

To Revive U.S. Nuclear Power, Learn From Canada

While the U.S. commercial nuclear power sector continues to suffer major contraction, the outlook in Canada is much brighter. Since October 2012, U.S. nuclear operators have announced they are closing more than 20 reactors at 16 plants. By contrast, Canadians are spending more than $25 billion to refurbish 10 nuclear reactors. Ontario Power Generation, owned by …

T.DML: Announces Summer 2018 Exploration Plans for High-priority Pipeline Projects

TORONTO, May 24, 2018 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce the Company’s summer 2018 exploration plans for its high-priority Athabasca Basin exploration pipeline projects located in northern Saskatchewan. View PDF Version. Summer 2018 Drilling Program Highlights: Waterbury Lake Project – Summer drilling is expected to focus on additional step-out drilling at the Huskie …

Kazatomprom delivers uranium to Brazil

The National Atomic Company of Kazakhstan (Kazatomprom) has expanded the sales geography in the world nuclear fuel market, with a contract to sell uranium to Brazil. Kazatomprom said on Wednesday that it had won the bid for the supply of natural uranium concentrates to State-owned nuclear fuel company Indústrias Nucleares do Brasil. The uranium miner said that the contract was significant in the context …

V.AEC: Announces the Appointment of Stephen S. Lunsford to Board of Directors

VANCOUVER, British Columbia, May 23, 2018 – Anfield Energy Inc. (TSX.V:AEC) (OTCQB:ANLDF) (FRANKFURT:0AD) (“Anfield” or “the Company”) is pleased to announce that Stephen S. Lunsford has agreed to join the Company’s Board of Directors. Mr. Lunsford has had an extensive career as a geologist in the uranium sector, spanning four decades, with his vast experience generated through his time …

T.FCU: Enhances R780E Zone with Six High-Grade Holes, Including 25.5m @ 6.36% U3O8

Drilling is part of the program to upgrade key areas of the Triple R deposit to indicated classification KELOWNA, British Columbia, May 23, 2018 (GLOBE NEWSWIRE) — FISSION URANIUM CORP.(“Fission” or “the Company“) is pleased to announce assay results from all six winter program holes drilled on the R780E zone at its’ PLS property, in Canada\’s …

Take Advantage Of The Reduced Supply Among Uranium Producers

Summary Global uranium supply is decreasing, and the long-term demand is increasing. Cameco is testing the depth of the spot market with significant purchases to fulfill long-term delivery commitments. Cameco is one of the few companies that remain consistently cash flow positive in the industry. Energy Fuels’ spare capacity makes them an interesting investment in …

Europe and Iran reiterate commitment to JCPOA

Miguel Arias Cañete and Ali Akbar Salehi meet in Tehran (Image: European Union/EC-Audiovisual Service) The European Commission and the Atomic Energy Organisation of Iran (AEOI) have confirmed their continuing commitment towards implementation of the Joint Comprehensive Plan of Action (JCPOA), following a visit by European commissioner for climate action and energy Miguel Arias Cañete to Tehran. …