Philippines takes ‘major step’ toward using nuclear power

The Philippines has taken a big step towards tapping nuclear power, its energy minister said on Wednesday, after President Rodrigo Duterte created an inter-agency panel to study the adoption of a national nuclear energy policy. As power demand soars in what has for years been among the world’s fastest-growing economies, Energy Secretary Alfonso Cusi has …

T.CCO Reports Second Quarter Results – Well Positioned Financially, Supported by Cigar Lake Restart

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2020 in accordance with International Financial Reporting Standards (IFRS). “The coronavirus (COVID-19) pandemic has had a significant impact on people and the economy around the world.” said Tim Gitzel, Cameco’s president and CEO. “Cameco too …

T.GLO Dasa Uranium Project Update

Global Atomic Corporation (“Global Atomic” or the “Company”; TSX:GLO; OTCQX: GLATF; Frankfurt: G12) announced today that significant progress has been made towards submitting it’s Mining Permit application for the Dasa Uranium Project in the Republic of Niger, West Africa. HIGHLIGHTS: In July, The Company filed its completed Environmental Impact Statement (“EIS”), with the Niger Government; The …

V.SYH plans upcoming 2,500m summer drilling at High Grade Moore Uranium Project

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that mobilization will commence shortly for its 2020 Summer diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, …

States are best-placed to value new nuclear, says lawyer

Only governments can properly value the benefits of nuclear power and their support is therefore necessary to secure financing for new-build projects, George Borovas, partner and head of nuclear at law firm Shearman & Sterling, said today. Borovas was speaking during an OECD-Nuclear Energy Agency webinar on its newly published Policy Brief, Unlocking financing for nuclear energy infrastructure …

V.PTU: Q3-2020 Corporate Presentation

The updated Q3-2020 Corporate Presentation is uploaded to our website and the 12-minute video can be viewed below:   About Purepoint Purepoint Uranium Group Inc. is focused on the precision exploration of its projects in the Canadian Athabasca Basin, the world’s richest uranium region. Established in the Athabasca Basin well before the initial resurgence in …

T.DML Announces Completion of Conceptual Mining Study Evaluating ISR Mining Method for J Zone and Decision to Initiate Preliminary Economic Assessment

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the successful completion of an internal conceptual mining study (the “Concept Study”) examining the potential future development of the J Zone uranium deposit (“J Zone”) using the In-Situ Recovery (“ISR”) mining method.  Based on the results from the Concept Study, …

T.DML Announces Resumption of ISR Field Testing Activities at Phoenix With Commencement of 2020 ISR Field Program

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the successful resumption of In-Situ Recovery (“ISR”) field testing activities focused on the high-grade Phoenix uranium deposit (“Phoenix”), at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”).  The ISR field test work planned for 2020 (the “2020 Field …

Gujarat Kakrapar-3 Atomic Power Plant: The significance of KAPP-3

KAPP-3, which attained criticality on Wednesday morning, is India’s first 700 MWe unit, and the biggest indigenously developed variant of the Pressurised Heavy Water Reactor. The third unit of the Kakrapar Atomic Power Project (KAPP-3) in Gujarat achieved its ‘first criticality’ — a term that signifies the initiation of a controlled but sustained nuclear fission reaction — …