The U.S. could establish a national strategic uranium reserve for the first time in the country’s history, thanks to $75 million in funding included in the federal spending bill signed by President Donald Trump this week. In addition, a piece of legislation passed in the giant omnibus funding bill would limit the import of uranium …
The world’s largest uranium producer Kazatomprom and China’s CGN Mining announced today that Kazatomprom will sell to CGN up to a 49% interest in its wholly owned subsidiary, Ortalyk, on market terms determined by a third-party valuation. Ortalyk owns 100% interest in the Mynkuduk and Zhalpak uranium deposits in Kazakhstan. Mynkuduk has a designed capacity …
International treaties governing nuclear security serve as frameworks based on shared experience, but they are not a substitute for practical and ongoing cooperation. This was one of the messages from delegates at NP1 – The Nuclear Power Conference Israel – Threats, Challenges, Opportunities. The 10 November event took place amid growing concern about Iran’s move away …
The UK and the European Atomic Energy Community (Euratom) have signed a Nuclear Cooperation Agreement (NCA). This is separate from the wider UK-EU Trade and Cooperation Agreement that was also announced on 24 December and which has since been approved by ambassadors from the 27 EU Member States, paving the way for it to take …
Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China’s Fujian province. Also known as the Xiapu fast reactor demonstration project, the CFR-600 is part of China’s plan to achieve a closed nuclear fuel cycle. Construction of unit 1 started in late 2017. The fuel will be …
An individual at Cigar Lake has tested positive for COVID-19. The result is being sent for confirmation to the provincial lab and will be classified as a presumptive positive until we have confirmation. Under the direction of the Northern Population Health Unit, six close contacts were identified – and each contact has tested negative. Safety …
The Cameco Fund for Mental Health has awarded grants totalling almost $384,000 to 22 projects making a difference for mental health. Ranging from education and training programs to direct support for people struggling with mental health and addictions, these projects will directly benefit 24 Saskatchewan communities as well as organizations that provide province-wide services. For …
Sufficient uranium resources exist to support the long-term, sustainable use of nuclear energy, according to the latest edition of the OECD Nuclear Energy Agency (NEA) and International Atomic Energy Agency (IAEA) joint report on uranium resources, production and demand. However, the impact of the ongoing COVID-19 pandemic on the industry and recent reductions in uranium …
Italy’s Enel has announced that its subsidiary Enel Produzione and the Czech company Energetický a Průmyslový Holding (EPH) have agreed to a provide additional loans for the completion of Mochovce 3 and 4 in the Slovak Republic, and altered the terms for EPH to eventually buy out Enel’s stake in Slovenské elektrárne. They and EP …
Saskatoon, SK, December 23, 2020 – UEX Corporation (TSX:UEX, OTCQB:UEXCF) (“UEX” or the “Company”) is pleased to announce that it has received approval from the OTC Market Group Inc. to commence trading on the OTCQB Venture Market under the OTCQB ticker symbol “UEXCF” at the opening of the trading day on December 23, 2020. UEX’s …
