Saudi energy minister ‘optimistic’ on South Korea being shortlisted for nuclear project

Saudi Arabia Energy Minister Khalid al-Falih speaks with the media during the International Energy Forum (IEF) in New Delhi, India, April 11, 2018. REUTERS/Altaf Hussain Saudi Arabian Energy Minister Khalid al-Falih said on Friday he was “optimistic” about South Korea being shortlisted to build nuclear power plants for the Middle Eastern kingdom. Falih told reporters …

Energy Fuels Announces Q1-2018 Results

Energy Fuels Inc. (NYSE MKT:UUUU; TSX:EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the quarter ended March 31, 2018. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR”) at …

Bill Gates in Search of Nuclear Nirvana

His company, TerraPower, aims to build a safe, nearly waste-free reactor that won’t contribute to weapons proliferation or climate change Bill Gates originally became famous (and rich) for co-founding Microsoft; more recently, he’s become better known, through the Bill and Melinda Gates Foundation, as a philanthropist working to improve global health and sustainable economic growth. …

Catalysts For Upside In Uranium

Summary Uranium has been cheap for years, but the market has been waiting for a catalyst. Rising in oil prices in yen terms are putting pressure on Japan to reactivate plants. Pressure is coming on supply side as well just as new plants come online. Fundamentally, the bull case for uranium is that Uranium prices …

Uranium Energy Corp Completes the Acquisition of the North Reno Creek ISR Project

Corpus Christi, TX, May 3, 2018 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that the Company has recently completed its previously announced Purchase Agreement (the “Agreement”) with Uranerz Energy Corporation, a wholly owned subsidiary of Energy Fuels Inc. (collectively, “Energy Fuels”), and now holds 100% of its …

Energy Fuels Closes Sale of Non-Core Uranium Properties in Wyoming; Adds $5.39 Million to Balance Sheet

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading uranium producer in the U.S., is pleased to announce that it has closed the sale of certain non-core uranium properties in Wyoming to Uranium Energy Corp. (“UEC”) for $5.39 million, including $2.94 million of cash and $2.45 million of shares …

T.NXE: Makes Significant New Discoveries Along Strike in Winter Drill Program

VANCOUVER, May 2, 2018 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report radioactivity results for fifty-four holes comprising 30,208 m from Arrow, South Arrow and regional exploration as part of our now concluded winter drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Highlights: Discovery of A0 Shear Follow up …

Namibia: Uranium mine records drop in output 

Australian-based uranium miner, Paladin Energy has recorded a 23 percent decline in the production at its Namibia Langer Heinrich Mine during the fourth quarter ending in March 2018.During the period under review, the Langer Heinrich Mine produced 670,456 pounds (lbs) of uranium oxide compared to 873,107 lbs produced in quarter three which ended in December …