France’s EDF expects six new nuclear reactors to cost 46 billion euros

French power utility EDF estimates it would cost at least 46 billion euros ($51 billion) to build six of its latest generation EPR nuclear reactors if the government decides to build them, French newspaper Le Monde reported on Saturday. The estimate was in a confidential document presented to the board of state-controlled EDF at the …

Iran, Russia officially launch the construction of Bushehr NPP’s second stage

The ceremony is attended by Head of Atomic Energy Organization of Iran Ali Akbar Salehi The construction of the second stage of the Bushehr nuclear power plant conducted jointly by Russia has begun in Iran, according to the IRIB broadcaster. Head of Atomic Energy Organization of Iran (AEOI) Ali Akbar Salehi has attended the ceremony. …

Saudi nuclear: talks ongoing with US to allow kingdom nuclear technology

A senior US official has confirmed that Washington is in talks with Riyadh about supporting Saudi Arabia’s planned nuclear programme. Speaking in Abu Dhabi on 26 October, US Energy Secretary Rick Perry Perry confirmed that talks were ongoing. Perry told the forum that Saudi Arabia’s leadership in Riyadh wanted to sign a ‘123 Agreement’ with …

Ginna Nuclear Power Plant Celebrates Five Decades of Carbon-Free, Reliable Power and Community Stewardship

Nuclear station holds world reliability record for number of hours online, providing reliable emissions-free energy for 500,000 homes Exelon Generation’s R.E. Ginna Nuclear Power Plant is celebrating a strong record of reliable carbon-free power generation and community stewardship since the first nuclear reaction took place in Ontario, New York 50 years ago on November 9, 1969. …

President Trump nominates Dan Brouillette to be United States Secretary of Energy

Today, President Donald J. Trump formally nominated Dan Brouillette to serve as the next U.S. Secretary of Energy. Brouillette, current U.S. Deputy Secretary of Energy, would replace sitting Secretary Rick Perry if confirmed by the U.S. Senate. “It has been the opportunity of a lifetime to serve as Secretary of Energy. I have the utmost …

The uranium industry wants to be great again, but how long will it take?

Uranium markets have been struggling for several years, and industry commentators have been saying for awhile now that the recovery is coming. But just how close is it? From $US140 highs in 2007, prices shrunk due to the GFC and Japan’s Fukushima disaster and the industry struggled. Uranium prices 2007-2019 (Pic: Bloomberg) In 2019, there …

T.DML Reports Results from Q3 2019

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE MKT) today filed its Unaudited Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the quarter ended September 30, 2019. Both documents can be found on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are …

T.FCU files underground-only PFS report highlighting reduced footprint, lower CAPEX and faster construction

FISSION URANIUM CORP.(“Fission” or “the Company”) is pleased to announce that it has filed a technical report (the “Report”) on the Triple R Deposit at its PLS project in Canada’s Athabasca Basin, pursuant to National Instrument 43-101 “Standards of Disclosure for Mineral Projects” (“NI 43-101”). The Report summarizes the Pre-Feasibility Study (“UG PFS”), which outlines …