Rio Tinto officially hands over Namibia’s Rossing Uranium to Chinese firm

The photo taken on July 25, 2019 shows the Rossing Uranium handover ceremony near the town of Swakopmund, Namibia. The Anglo-Australian mining giant Rio Tinto officially handed over Namibian uranium mine Rossing to its new majority shareholder, China National Nuclear Corporation (CNNC) at an event Thursday in Rossing Mine near the coastal town of Swakopmund. …

T.CCO Reports Second Quarter Results

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2019 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the outlook we provided for 2019 and the normal quarterly variations in contract deliveries, which are weighted to the second half of the …

Rosatom Head Alexey Likhachev and Turkish Minister of Energy and Natural Resources Fatih Dönmez meet at Akkuyu NPP Construction Site

Director General of Rosatom Atomic Energy Corporation Alexey Likhachev and the Minister of Energy and Natural Resources Fatih Dönmez held a working meeting at the construction site of the Akkuyu nuclear power plant in the Turkish province of Mersin. The parties acknowledged the progress of the construction works, discussed localization of supplies and involvement of …

Nuclear power must feature in the IRP, insists SAYNPS

The South African Young Nuclear Professional Society (SAYNPS) urges the minister to follow through with plans to return the South African nuclear industry to its former glory. Following Minister Gwede Mantashe’s Mineral Resources and Energy Budget Vote Speech earlier this month, the organisation is very optimistic about the future of the nuclear industry in South …

Innovative funding models and technologies to drive investment in new wave of low carbon energy

New nuclear power and new technologies to cut emissions across the economy could be rolled out under a new financing model and government investment to decarbonise the UK’s energy sector. The government today (23 July 2019) set out proposals to explore the use of the Regulated Asset Base (RAB) approach to attract significant private investment for future …