Electricity generating costs would rise by 15% and carbon emissions from the power sector would more than triple by 2030 if the UK were to abandon nuclear energy in favour of a mix of wind and gas, according to the New Nuclear Watch Institute (NNWI). In the foreword to its new report, NNWI chairman Tim …
Uranium Participation Corporation (“UPC” or the “Corporation”) today filed its Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the period ended August 31, 2018. Both documents can be found on the Company’s website (www.uraniumparticipation.com) or on SEDAR (www.sedar.com). The highlights provided below are derived from these documents and should be read in conjunction with them. …
The United States is close to working with Saudi Arabia on building nuclear power reactors, but talks on tough non-proliferation standards with the kingdom remain a challenge, U.S. Energy Secretary Rick Perry said on Wednesday. Perry has held talks with several Saudi leaders this year, including King Salman and Crown Prince Mohammed bin Salman, on …
Building a nuclear energy programme is a truly global undertaking. It requires a strong and long-term commitment from the nation pursuing the programme, and partnerships with governments and global experts that offer guidance and insight based on best practices and operating experience. As the first new nuclear energy programme in decades, the UAE offers a …
U.S. nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The U.S. Department of Commerce launched a “Section 232” investigation into uranium imports …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”) announced that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers and employees to purchase up to an aggregate of 9,880,000 common shares in the capital stock of the Company. The options are exercisable at a price of C$0.215 …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that the Company expects to resume vanadium production at its 100% owned White Mesa Mill (the “Mill”) in mid-November 2018, producing significant quantities of salable V2O5 product by the end of December 2018. When production begins, Energy Fuels …
Cameco (TSX: CCO; NYSE: CCJ) announced today that the Tax Court of Canada has ruled unequivocally in favour of the company in its dispute of the reassessments issued by Canada Revenue Agency (CRA) for the 2003, 2005 and 2006 tax years. The Tax Court ruled that Cameco’s marketing and trading structure involving foreign subsidiaries and …
Cameco (TSX: CCO; NYSE: CCJ) today filed a submission with the United States Department of Commerce (DOC) in response to its request for comments as part of the investigation into whether foreign uranium imports threaten to impair US national security under Section 232 of the Trade Expansion Act of 1962. “With uranium operations in both …
NuScale Power has selected BWX Technologies (BWXT) of Virginia to begin engineering work to manufacture its small modular reactor (SMR). 83 companies from 10 countries have been vying for the project over the past 18 months. NuScale picked BWXT as the best firm to refine its design for manufacturing, assembling and transporting the SMR design. …