Nuclear Jobs Outlook Hinges on Advanced Designs’ Success, Existing Plants

Photo: In October 2018, workers clear debris from a house destroyed by Hurricane Michael in Mexico Beach, Fla. Hurricane recovery work has increased competition for construction workers, making it more difficult for the nuclear construction industry to hire people. (Photo by Scott Olson/Getty Images) The U.S. nuclear industry faces a reckoning over whether existing nuclear plants …

China’s nuclear reactor building spree

Chinese officials say the nation’s humming economy means that no fewer than eight, million-kilowatt class nuclear reactors must enter service each year to help keep the nation’s electricity supply in pace with demand, while not adding more pollutants to the already fragile environment. China Nuclear Power Engineering Co., Ltd. General Manager Liu Wei told reporters …

V.FUU Completes Binding Earn-In Agreement for up to $22mm with Rhyolite

Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that, further to its news release on August 16, 2018, it has entered into a binding agreement (the “Earn-In Agreement”) with Rhyolite Lithium Corp. (“Rhyolite”), pursuant to which Rhyolite can earn up to an 80% interest in Fission 3’s mining concessions located in …

T.AZZ Announces $3.0 Million Private Placement

AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) is pleased to announce it has arranged a non-brokered private placement of up to 13,000,000 units (each, a “Unit”) at a price of $0.23 per Unit to raise proceeds of approximately $3.0 million (the “Financing”). Commitments of $3.0 million have been received, …

Trump’s energy budget makes coal and nuclear a priority over renewables

President Trump’s fiscal 2020 budget energy priorities emphasize coal, nuclear and national security over renewable energy and climate change. The Energy Department’s renewable energy office’s budget is slashed by 70 percent, from $2.3 billion to just under $700 million, in the new fiscal 2020 budget request to Congress rolled out on Monday. Instead, the funds …

T.FCU Hits Strong Mineralization Outside of Current High-Grade Domain Model and Advances Mine Planning

FISSION URANIUM CORP. (“Fission” or “the Company”) is pleased to announce results from three holes of the Winter work program at its’ PLS property in Canada’s Athabasca Basin region. The three holes were drilled on the R780E zone with the dual-purpose of resource expansion and geotechnical testing of rock-mechanics for mine planning. Â All three …

U.UEC Files Fiscal 2019 Q2 Report

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the six months ended January 31, 2019 with the U.S. Securities and Exchange Commission (the “SEC”).  This Form 10-Q filing, which includes the Company’s …