Month: October 2020

T.EFR Announces Q3-2020 Results; Debt-Free with Strong Working Capital; Advancement of Uranium & Rare Earths; Webcast on November 3, 2020

By SightlineU3O8   Posted in Equities
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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) today reported its financial results for the quarter ended September 30, 2020. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC“) and may be viewed on the Electronic Document Gathering and Retrieval System (“EDGAR“) at www.sec.gov/edgar.shtml, on the …

T.CCO: Canada Revenue Agency Seeks Leave to Appeal Federal Court of Appeal Decision

By SightlineU3O8   Posted in Equities
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Saskatoon, Saskatchewan, Canada, October 30, 2020 Cameco (TSX: CCO; NYSE: CCJ) received notice today that Canada Revenue Agency (CRA) has sought leave from the Supreme Court of Canada (Supreme Court) to appeal the June 26, 2020 decision of the Federal Court of Appeal, which found in favour of Cameco in its dispute of reassessments issued by …

T.DML Announces Completion of ISR Field Program and Initiation of Exploration Program at Wheeler River

By SightlineU3O8   Posted in Equities
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TORONTO, Oct. 28, 2020 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that field activities at Denison’s 90% owned Wheeler River Uranium Project (“Wheeler River”) have safely and successfully transitioned from the In-Situ Recovery (“ISR”) field program at the high-grade Phoenix uranium deposit (“Phoenix”), which was initiated in July (see press …

Horizon eyes transfer of nuclear sites

By SightlineU3O8   Posted in Production Costs U
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Horizon Nuclear Power is in discussions about transferring its Wylfa Newydd and Oldbury nuclear-build sites to another developer. Horizon confirmed in September that it was scrapping its work at the sites after parent company Hitachi failed to agree a funding deal with the UK Government. It later asked Whitehall to delay a decision on a …

Japan, world’s third largest economy, vows to become carbon neutral by 2050

By SightlineU3O8   Posted in Nuclear Attitude U
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TOKYO — Japan’s new prime minister, Yoshihide Suga, committed his country on Monday to reaching a target of zero emissions of greenhouse gases and achieving a carbon-neutral society by 2050, with a “fundamental shift” in policy on coal use. Suga outlined the major move in his country’s attitude toward climate change in his first policy …

Brussels ‘won’t stand in the way’ of new nuclear plants, says EU climate chief

By SightlineU3O8   Posted in Politics U
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The European Commission “will not stand in the way” of countries that choose to build new nuclear power stations, said EU climate chief Frans Timmermans, who warned however about the life-cycle costs of the technology, “which means that you will be stuck with it for a long, long, long time”. The European Commission keeps a …

Africa’s only atomic plant bets $1.2bn on a 2nd life

By SightlineU3O8   Posted in Existing Fleet U
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(MENAFN – Gulf Times) Eskom Holdings SOC Ltd, South Africa’s indebted power utility, started a billion-dollar round of investments in Africa’s oldest and only nuclear power plant before getting permission from safety regulators that the reactor’s lifetime can be extended. The decision to begin installing new steam generators at the Koeberg plant near Cape Town …