If countries are serious about combatting climate change, then they will reform their electricity markets, William Magwood, director general of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London last week. Magwood highlighted one of the three objectives of the Harmony initiative – a level playing …
Russian State Nuclear Energy Corporation Rosatom has held initial discussions with its Chinese partners on potential projects to jointly build nuclear power plants in third states, Rosatom CEO Alexey Likhachev said on Wednesday. The discussions have started. The talks are on the initial stage,” Likhachev said at the Eastern Economic Forum (EEF). Earlier this year, Rosatom state …
Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that due to strong demand in its previously announced non-brokered private placement financing of units (“Units”) and flow-through shares (“FT Shares”), the Company has increased the Unit offering to up to C$6.0 million in aggregate gross proceeds and reduced the FT Share offering to …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium and vanadium in the United States, is pleased to announce that it has repaid and retired the entire outstanding principal balance of its Wyoming Industrial Development Revenue Bond (“Wyoming Debt”). As of June 30, 2018, the Company …
FISSION URANIUM CORP. (“Fission” or “the Company”) (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce that Mr. Darian Yip has been appointed to the Board of Directors. Mr. Yip has over 18 years of experience in the financial services industry and has been focused on the metals and mining sector for the past 13 years. In …
Had California and Germany invested $680 billion into new nuclear power plants instead of renewables like solar and wind farms, the two would already be generating 100 percent or more of their electricity from clean (low-emissions) energy sources, according to a new analysis by Environmental Progress. The analysis comes the day before California plays host to …
Without greater leadership and ambition, the world risks crossing the point of no return on climate change, United Nations Secretary-General António Guterres has warned. In a speech given yesterday at the UN headquarters in New York, Guterres said: “Climate change is the defining issue of our time – and we are at a defining moment. …
French nuclear group Orano on Monday inaugurated a 1.15 billion euro (1.02 billion pounds) uranium conversion plant despite huge global overcapacity for nuclear reactor fuel. State-owned Orano’s new plant in Tricastin, southern France, will account for a quarter of the world’s 60,000-tonne annual uranium hexafluoride (UF6) production capacity when it fully ramps up in 2021 …
Nuclear power’s electricity generating capacity risks shrinking in the coming decades as ageing reactors are retired and the industry struggles with reduced competitiveness, according to a new IAEA report. The declining trend may set back global efforts to mitigate climate change, IAEA Director General Yukiya Amano said. The 38th edition of Energy, Electricity and Nuclear Power …
Sector News – WNA Highlights, Denison Takes on Larger Stake of Wheeler River The World Nuclear Association (WNA) symposium took place in London last week. Some of the highlights from Cormark’s time on the ground include: We believe Kazatomprom is fully on board with the Cameco-led production curtailments to generate a longer-term rebound in the uranium markets, particularly …