Month: November 2020

T.DML Reports Results From Waterbury PEA, Including Base Case Pre-Tax NPV of $177M and IRR of +39.1%

By SightlineU3O8   Posted in Equities
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Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the successful completion of an independent Preliminary Economic Assessment (“PEA”) for the Waterbury Lake Property (“Waterbury”) evaluating the potential use of the in-situ recovery (“ISR”) mining method at the Tthe Heldeth Túé (see below, formerly named J Zone) deposit (the “Project”) with …

Boris Johnson set to reveal plan for reaching net zero carbon emissions by 2050

By SightlineU3O8   Posted in Politics U
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The Prime Minister Boris Johnson is set to announce fresh backing for electric vehicles, hydrogen, and nuclear power as part of a 10-point plan to put the country on course for net zero emissions by 2050. Mr Johnson is expected to unveil his strategy in the coming week, as he sets out his vision for transforming the UK into a low-carbon leader with thriving green …

T.DML Announces Establishment of At-The-Market Program

By SightlineU3O8   Posted in Equities
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Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into an equity distribution agreement dated November 13, 2020 (the “Equity Distribution Agreement”), providing for an at-the-market (“ATM”) equity offering program, with Cantor Fitzgerald Canada Corporation (“CFCC”), Scotia Capital Inc. (together with CFCC, the “Co-Lead Canadian Agents”), …

Japan now has 16 reactors that meet requirements

By SightlineU3O8   Posted in Existing Fleet U
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Japan now has 16 reactors at nine nuclear power plants that have cleared government requirements adopted after the 2011 Fukushima accident. The No.2 reactor at Tohoku Electric Power Company’s Onagawa plant in Miyagi Prefecture, and the reactor at Japan Atomic Power Company’s Tokai No.2 plant in Ibaraki Prefecture were affected by the 2011 earthquake and …

Nuclear power stations will create 6,000 UK ‘levelling up’ jobs by 2025 and 40,000 in 15 years in a boost to green economic recovery

By SightlineU3O8   Posted in Nuclear Technology Pending Reactors U
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The UK SMR consortium, led by Rolls-Royce, has announced it expects to create 6,000 regional UK jobs within the next five years, if the UK Government makes a clear commitment that enables a fleet of 16 small modular reactor (SMR) power stations to be built over the next 20 years. The power stations will help …

T.CCO Investor Webcast Advisory

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Cameco (TSX: CCO; NYSE: CCJ) announced today that President and CEO, Tim Gitzel, will be speaking at the RBC Capital Markets Global Mining and Materials Conference being held virtually on November 16 & 17, 2020. The presentation will occur on Monday, November 16 at 9:45 a.m. Eastern and will be available by audiocast on cameco.com. …

Russia retires Leningrad 2 RBMK

By SightlineU3O8   Posted in Existing Fleet U
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The Leningrad 2 nuclear power unit in in Sosnovy Bor in Western Russia was shut down permanently today. The RBMK, which has been in operation for 45 years, is to be replaced by Leningrad II-2, a VVER-1200, which on 6 November received regulatory approval to start pilot operation. Russian state nuclear corporation Rosatom said Leningrad 2 …

Senate proposes spending increase at environmental agencies

By SightlineU3O8   Posted in Politics U
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The Republican-led Senate is proposing modest spending increases for environmental agencies compared to last year’s budget, diverging from proposed cuts that the Trump White House put forward earlier this year. In its $38 billion Interior-environment spending bill for fiscal 2021, the Senate Appropriations Committee proposed giving about $13.6 billion to the Interior Department and about $9.09 billion to the Environmental …

V.PTU: JV Partners Approve Upcoming Program at Hook Lake

By SightlineU3O8   Posted in Equities
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Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that the upcoming winter exploration program at Hook Lake, (see News Release October 1, 2020), has now been approved by the JV partners.  Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson …