Uranium companies have separately announced plans to make strategic purchases of physical uranium. Denison is aiming to buy about 2.5 million pounds U3O8 (962 tU) through the spot market as a long-term investment, while Uranium Energy Corp (UEC) has entered into agreements to purchase 400,000 pounds. UK-based Yellow Cake plc has also announced further purchase …
Poland’s central bank will help the state to obtain 51 percent of the funds necessary to build the country’s first NPP, the bank’s governor has told the “Sieci” weekly. Adam Glapinski, governor of the National Bank of Poland, told the weekly on Monday: “At the start, let the Americans build six nuclear power plants here… …
South Korea’s state-run utility Korea Electric Power Corp. (Kepco) said Monday it has started a process to insert fuel rods into the second reactor in the Barakah nuclear plant of the United Arab Emirates (UAE). Kepco and the Emirates Nuclear Energy Corp. (ENEC) said they kicked off the process starting last week. South Korea completed …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation (“CFCC”), as lead underwriter and sole book-runner, on behalf of themselves and a syndicate of underwriters (collectively with CFCC, the “Underwriters”), under which the Underwriters have agreed …
Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX) (DNN: NYSE American) is pleased to announce that its common shares will be added to the S&P/TSX Composite Index – the headline index for the Canadian equity market – prior to the open of trading on Monday March 22, 2021. View PDF version David Cates, President and CEO …
At the beginning of the new millennium, amid growing awareness of the link between energy-related greenhouse gas emissions and climate change, the notion of a ‘nuclear renaissance’ became popular. Scientists and policy makers identified low carbon nuclear power as a potential protagonist in the transition to clean energy. However, the accident at the Fukushima Daiichi …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, the Company issued 33,400,000 common shares of the Company (the “Common Shares”) at a price of $4.50 per Common Share for gross proceeds of approximately $150 million . NexGen has granted …
Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that the first shipments of natural monazite ore arrived at the Company’s White Mesa Mill (the “Mill”) in Blanding, Utah this past weekend. This material was separated by The Chemours Company at its Offerman Mineral Sand Plant in Georgia and transported by truck to the …
Poland is considering the site of Europe’s largest coal-fired power station as a location for a nuclear plant, part of Warsaw’s ambitious reactor new-build programme, Piotr Naimski, secretary of state for strategic energy infrastructure, told local RMF FM radio. Mr Naimski said Poland’s first two or three units will be built at one of two …
Cameco (TSX: CCO; NYSE: CCJ) announced that it has disposed of an aggregate of 5 million common shares in the capital of UEX Corporation (UEX) at a price of approximately $0.30 per common share for aggregate proceeds of $1,501,500. Cameco disposed of the securities pursuant to a series of trades completed today through the facilities of …