Investment fund Yellow Cake snaps up more uranium after float success

An investment vehicle designed to profit from the rising price of uranium is to snap up another £8m-worth of the radioactive mineral. Yellow Cake, which raised $200m (£156m) in a successful float on the London Stock Exchange earlier this summer, said it would buy another 350,000 lb of uranium from Kazakh supplier Kazatomprom and store it …

China promoting own technical standards to aid nuclear push overseas

China’s State Council said it would promote the use of China’s nuclear industry’s independent technological standards worldwide, aiming to play “a leading role” in the global standardization process by 2027. Its two major nuclear project developers, China National Nuclear Corporation (CNNC) and the China General Nuclear Project Corporation (CGN), are jointly promoting an advanced third-generation …

T.DML Reports Results from Q2 2018

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE MKT) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended June 30, 2018.  Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml).  The highlights provided below are …

Deputy Secretary Brouillette Hosts Fifth Meeting of the U.S.-Japan Bilateral Commission on Civil Nuclear Cooperation

The fifth meeting of the U.S.-Japan Bilateral Commission on Civil Nuclear Cooperation (the Bilateral Commission) was held in Tokyo on August 8, 2018. Deputy Secretary of Energy Dan Brouillette and Senior Deputy Minister for Foreign Affairs Takeo Mori led the discussions as co-chairs. The delegations included participants representing a wide range of governmental agencies. Participants from …

Nuclear Construction Update: New Progress Made in Russia, UAE, and U.S.

Several milestones have been reached at nuclear power plant construction sites around the world including on the Leningrad II-2, Novovoronezh II-2, Barakah, and Plant Vogtle projects. Russian Progress At the Leningrad site, Rosatom—the Russian state atomic energy corporation—reported on August 7 that the main turbine equipment installation for Phase II Unit 2 was completed. The …

T.UEX Files Technical Report for the West Bear Co-Ni Deposit

UEX Corporation (UEX:TSX) (“UEX” or the “Company”), is pleased to announce that it has filed a technical report on the West Bear Co-Ni Deposit (the “Technical Report”), pursuant to National Instrument 43-101 “Standards for Disclosure for Mineral Projects” (“NI-43-101”). The Technical Report supports the disclosure made by UEX in its July 10, 2018 news release …

T.DML Reports Results from Q2 2018

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE MKT) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended June 30, 2018.  Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml).  The highlights provided below are …

T.DML Announces Board Appointments

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE MKT: DNN) (NYSE American: DNN) is pleased to announce that David Cates, Jack Lundin, Moo Hwan Seo, and Patricia Volker have been appointed to the Board of Directors of the Company.  In connection with, and in order to facilitate, the appointment of the new Directors, …

Turkey to build third nuclear plant in Thrace, cooperate with China

Turkey will build a third nuclear power plant in the Thrace region northwest of Istanbul, and will cooperate with China on the initiative, Energy Minister Fatih Donmez said on Wednesday. Donmez also told broadcaster A Haber that Turkey’s first nuclear power plant was expected to come online in 2023. The $20 billion, 4,800 megawatt (MW) plant has …