T.CCO Temporarily Suspending Production at Cigar Lake Mine

Cameco (TSX: CCO; NYSE: CCJ) announced today that it will be temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan over the coming weeks due to the increasing risks posed by the Coronavirus (COVID-19) pandemic. Saskatchewan is experiencing a significant negative trend in the pandemic, which is leading to increased uncertainty for …

Nuclear electricity costs set to decrease, study finds

The levelised costs of electricity generation of low-carbon generation technologies are falling and are increasingly below the costs of conventional fossil fuel generation, according to a report by the OECD Nuclear Energy Agency (NEA) and the International Energy Agency (IEA). The cost of electricity from new nuclear power plants remains stable, yet electricity from the …

Nuclear’s Role In Electric Vehicles

As the spot uranium price remains range-bound, Elon Musk predicts electricity demand will double by 2040 and nuclear must play a role. -Nuclear’s role to meet electric vehicle uptake -Silex Systems advances enrichment agreement -Uranium spot price continues to trade between US$29.00-30.00/lb By Mark Woodruff Media outlets have widely reported Tesla CEO Elon Musk’s comments that …

Department of Energy to Provide $12 Million for Nuclear Data Research

DOE Programs Support Cross-Cutting Research WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) announced a plan to provide up to $12 million for new research on nuclear data. The aim is to expand and improve the quality of data needed for a wide range of nuclear-related activities from basic research in nuclear science …

US senate committee approves uranium reserve bill

The US senate committee on Environment and Public Works (EPW) has approved a bipartisan bill called the American Nuclear Infrastructure Act (ANIA) that, among other provisions, advances the federal initiative to establish a US national strategic uranium reserve. Under the Act, the US Department of Energy will be restricted to only buy uranium recovered from …

Energy Bridge has geopolitical significance, says Polenergia

Grzegorz Stanislavsky, a member of the supervisory board of the Polish company Polenergia, as well as of the management board of the Ukraine Power Bridge Company, has insisted that the Ukraine-European Union Energy Bridge project should go ahead. The project has geopolitical significance, not only for Energoatom and the Ukrainian state, he said, but above all …

V.ISO Intersects 74.0% U3O8 Over 3.5m Within 38.8% U3O8 Over 7.5m in Drill Hole LE20-76

Vancouver, BC, December 1, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report the final chemical assay results from the summer drilling program completed in late October at the Hurricane zone.  The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company’s 100% owned Larocque …

T.DML Announces Decision to Adopt Freeze Wall Design for ISR Mining at Phoenix

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the completion of a trade-off study assessing the merit of adopting a freeze wall design as part of the in-situ recovery (“ISR”) mining approach planned for the high-grade Phoenix uranium deposit (“Phoenix”), at the Company’s 90% owned Wheeler River Uranium …