Orano has formally established a joint venture company with Uzbekistan’s State Committee on Geological and Mineral Resources (GosComGeology). The new company, Nurlikum Mining, will conduct mineral exploration and mining activities in the Central Asian country. Formed at a general meeting in Tashkent on 2 December, Nurlikum Mining is part of a strategic partnership agreed between Orano and …
Europe’s oldest functioning nuclear reactor, at Switzerland’s Beznau plant, will turn 50 next week — a lifespan deemed dangerously long by environmentalists who are demanding that it be shut down immediately. Commercial operation began at the plant in the northern canton of Aargau, near the German border, on December 9, 1969 — back when The …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX; DNN: NYSE American) is pleased to announce that it has completed its previously announced private placement offering of common shares issued on a “flow-through” basis pursuant to the Income Tax Act (Canada) (“Flow-Through Shares”). The communities are all within proximity (Map 1) to the 100% owned, Rook …
A White House task force is recommending that President Donald Trump direct the federal government buy more uranium from domestic producers, according to two people familiar with the matter. The purchase of uranium by the U.S. Defense Department is among the recommendations being made by the U.S. Nuclear Fuel Working Group, comprised of cabinet level …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report a new milestone in its Environmental Assessment process. NexGen has successfully entered into Study Agreements with four local communities within the project area. The communities are all within proximity (Map 1) to the 100% owned, Rook I Project in the Athabasca Basin, Saskatchewan, …
An International Atomic Energy Agency (IAEA) team of experts said Indonesia has made progress in strengthening its regulatory framework for nuclear and radiation safety, addressing most of the recommendations made during an initial review in 2015. The team also noted areas for further enhancement, including the need to maintain and expand qualified staff to meet …
China has started up its first commercial nuclear cogeneration system, using two newly operational AP1000 reactors at the Haiyang Nuclear Power Plant to heat 700,000 square meters of housing. Shandong Nuclear Power Co. (SDNPC), a subsidiary of State Power Investment Corp. (SPIC), and owner of the Haiyang plant, on Nov. 15 said the first phase …
Exchange Traded Concepts, LLC, (“ETC”), a leader in providing white label Exchange Traded Fund (ETF) solutions, in conjunction with North Shore Indices, Inc., today announced that it has launched the North Shore Global Uranium Mining ETF (NYSE ARCA: URNM). URNM is a targeted play on the uranium mining sector, that offers efficient access to a global, …
Jordan is planning to sign an agreement with Egypt to develop peaceful uses of nuclear energy and uranium production, Khaled Toukan, chairperson of the Jordanian Atomic Energy Commission told Daily News Egypt. Toukan, said that there have been meetings with officials of the Egyptian Atomic Energy Authority and the Nuclear Materials Authority over the past …
Population growth and increasing consumption rates, with its demand for energy and water, requires resorting to nuclear energy, Minister of Electricity Mohamed Shaker said during the opening of the fifth Arab Forum on the Prospects of Nuclear Power for Electricity Generation and Seawater Desalination, held in Cairo from December 1 to 4. Shaker said that …