Russia and China signed the contract for Russian-designed NPP construction on the new site

A general contract for Russian-designed power units No. 3 and No. 4 construction with VVER-1200 reactors at Xudapu nuclear power plant was signed on June 5 in Moscow in presence of heads of Russia and China. The official signing ceremony took place during President of China Xi Jinping state visit to Russia. The documents were …

Yellow Cake PLC offers “cleanest way to play uranium market” as it amasses a big pile of the radioactive metal

The firm’s boss remains “very confident in the long term fundamentals of the uranium market” given a combination of constrained supply, the run-off of long term contracts and growing demand outlook Physical uranium trader tagged with nickname of the radioactive metal Owns around 9.62mln pounds of uranium Raised US$200mln (£151mln) from June 2019 IPO, plus …

The argument for nuclear power in Australia

It is time for Australia to “seriously discuss” the benefits of developing a nuclear power industry, according to the Australasian Institute of Mining and Metallurgy (AusIMM). AusIMM president Janine Herzig, speaking at the International Uranium Conference in Adelaide, said the time had come for Australians to discuss the opportunities afforded by the nation’s nuclear potential. …

How Do We Power a Sustainable Future?

It comes as no surprise that global energy demands are on the rise, with a 2.3% increase observed in the last year alone—nearly twice the average annual rate of growth since 2010. According to the International Energy Agency (IEA), although there was an increase in demand for all types of fuels, fossil fuels such as natural gas, …

V.PTU: Joint Venture Partners Plan Next Program at Hook Lake

Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX: PTU.V) is pleased to discuss the results of a recent Technical Committee meeting of the Hook Lake Joint Venture, a project owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%).  The working session included technical representatives from each company …

T.DML ANNOUNCES INITIATION OF ENVIRONMENTAL IMPACT ASSESSMENT PROCESS AND EXECUTION OF MOU WITH LOCAL COMMUNITIES FOR THE WHEELER RIVER PROJECT

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce that the Canadian Nuclear Safety Commission (“CNSC”) and the Saskatchewan Ministry of Environment (“SK MOE”) have accepted the Provincial Technical Proposal and Federal Project Description (the “Project Description”) submitted by Denison for the In-Situ Recovery (“ISR”) uranium mine and processing …