Month: January 2020

Bruce Power, Town of Saugeen Shores welcome Williams Industrial Services Group on opening of Canadian offices

By SightlineU3O8   Posted in Existing Fleet U
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Williams Industrial Services Group, an Atlanta-based company which is supporting Bruce Power’s Major Component Replacement project, officially opened its Canadian offices yesterday. Williams, which has worked at more than 40 nuclear stations throughout Canada and the United States, is providing project controls services to Bruce Power. The company’s Canadian operations are based in Saugeen Shores …

Top 10 large, high-grade uranium projects

By SightlineU3O8   Posted in Resources U
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Uranium companies have been awaiting a price recovery following the tragic Fukushima Daiichi nuclear reactor disaster in March 2011. Since early 2016, the spot uranium price has remained below US$30 per lb. uranium oxide (U3O8). Many uranium producers have curtailed and shuttered operations, maintaining assets while awaiting a more profitable future. Some juniors have successfully …

France could shut next two nuclear reactors sooner than expected

By SightlineU3O8   Posted in Existing Fleet U
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France could shut down its next two nuclear reactors in 2025-2026 if market conditions are right, earlier than expected as it presses ahead with plans to close 14 reactors by 2035, a government consultation document showed on Tuesday. Nuclear-dependent France aims to reduce the share of atomic power in its electricity generation to 50% by …

Turkey, Japan scrap partnership in Sinop nuclear plant in Turkey’s north

By SightlineU3O8   Posted in Pending Reactors U
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Turkey is reassessing its major partner for the country’s second nuclear plant in the Black Sea province of Sinop, Energy Minister Fatih Dönmez said on Jan. 19. In an interview with state-run Anadolu Agency, Dönmez said that the time schedule and pricing of the nuclear power plant in Sinop fell short of the ministry’s expectations …

Romania to scrap deal with Chinese partner to expand Cernavoda nuclear power plant

By SightlineU3O8   Posted in Politics U
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Romania’s government will exit the deal with its Chinese partner China General Nuclear Power Corporation (CGN) on the construction of reactors 3 and 4 at the Cernavoda nuclear power plant, Prime Minister Ludovic Orban announced in an interview with Hotnews.ro. He invoked the European Union’s Green Deal rather than security issues or cost concerns circulated …

V.URC: Cash Repayment Under Laramide Promissory Note, Invited to Close the Toronto Stock Exchange Market

By SightlineU3O8   Posted in Equities
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Uranium Royalty Corp. (TSX-V: URC) (“URC” or the “Company”) is pleased to announce that its wholly-owned subsidiary has received C$2.65 million (US$2.03 million) from Laramide Resources Ltd. as full repayment of principal and interest under a promissory note (the “Note“). The Note was acquired by the Company pursuant to a strategic transaction with Westwater Resources, …

T.UEX 2020 Exploration Programs to Commence at West Bear and Christie Lake

By SightlineU3O8   Posted in Equities
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UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the commencement of its 2020 exploration programs at the West Bear and Christie Lake Properties, located in the Athabasca Basin of northern Saskatchewan. West Bear Property UEX Corporation is pleased to announce the West Bear 2020 winter exploration program will commence the first week …

T.GLO Advances Dasa Uranium Project

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Global Atomic Corporation (“Global Atomic” or the “Company”; TSX: GLO; Frankfurt: G12; OTCQX: GLATF), has a unique combination of high grade uranium development and cash flow from a recycling facility that produces zinc concentrate.  We are pleased to provide an update on the Dasa Uranium Project (“Dasa”), in the Republic of Niger and on the …

T.AZZ Files Robust PEA for Dewey Burdock Project

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AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) has filed its National Instrument 43-101 (“NI 43-101”) Technical Report and Preliminary Economic Assessment (“PEA”) for its flagship Dewey Burdock In-situ Recovery (“ISR”) Uranium Project in South Dakota, USA (the “Dewey Burdock Project”) following the Company’s press release dated 4 December …