Month: July 2021

IAEA Director General Highlights Achievements, Sees Evolving Safeguards Regime for Members of Brazilian-Argentine Nuclear Verification Agency

By John Dyer   Posted in Nuclear Attitude U
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The Brazilian-Argentine verification agency ABACC is a great achievement that brought transparency to both countries’ nuclear programmes, which have since grown significantly and would benefit from a commensurate safeguards approach, IAEA Director General Rafael Mariano Grossi said at an event to mark the 30th anniversary of the institution in Rio de Janeiro, Brazil. Created in …

Capito, Whitehouse, Barrasso, Booker, Crapo introduce legislation to preserve and expand America’s nuclear energy sector

By John Dyer   Posted in Nuclear Attitude U
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WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), Ranking Member of the Senate Environment and Public Works (EPW) Committee, along with Senators Sheldon Whitehouse (D-R.I.), John Barrasso (R-Wyo.), Cory Booker (D-N.J.), and Mike Crapo (R-Idaho) reintroduced the American Nuclear Infrastructure Act (ANIA), which would improve the nation’s nuclear infrastructure, secure America’s uranium supply chain, grow the …

T.U and Sprott Asset Management Announce Closing Date for Arrangement

By John Dyer   Posted in Equities
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Uranium Participation Corporation (TSX: U) (“UPC”) and Sprott Asset Management LP (“Sprott Asset Management”), announced today that, following the satisfaction of the conditions to closing, UPC has filed articles of arrangement under the Business Corporations Act (Ontario) and a certificate of arrangement was issued in connection with the previously announced plan of arrangement involving UPC, Sprott Asset …

V.PTU Completes Drilling at Umfreville and Provides an Update on Tabbernor Projects

By John Dyer   Posted in Equities
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Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) announced today the completion of its drill program at the 100%-owned Umfreville uranium project and the staking of additional ground to increase Umfreville’s footprint to a total of 26,139 hectares. The Company also provided an introduction to its four new projects that make up the …

T.NXE Community Update

By John Dyer   Posted in Equities
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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE MKT: NXE) is pleased to announce the signing of an Impact Benefit Agreement (“IBA”) with the Buffalo River Dene Nation (“BRDN”), and the signing of a Mutual Benefit Agreement (“MBA”) with the Birch Narrows Dene Nation (“BNDN”), covering all phases of the Rook I Project (“Rook I” or …

T.FCU resource upgrade drilling successful; high-grade hits in multiple areas

By John Dyer   Posted in Equities
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KELOWNA, BC , July 13, 2021 /CNW/ – FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce that assays from its winter 2021, resource expansion drill program have confirmed high-grade mineralization on multiple lines between line 900E and line 1125E. All 20 holes returned wide intercepts in multiple stacked intervals in each hole, with 15 holes hitting high-grade …

China starts construction of demonstration SMR

By SightlineU3O8   Posted in Energy Sources U
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Construction officially started today of the ACP100 small modular reactor demonstration project at the Changjiang nuclear power plant on China’s island province of Hainan. China National Nuclear Corporation (CNNC) said the project will be the world’s first land-based commercial SMR. The multi-purpose 125 MWe pressurised water reactor (PWR) – also referred to as the Linglong …

ESA reviews COVID impacts on supply and demand

By SightlineU3O8   Posted in Supply U
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The COVID-19 pandemic has significantly influenced the uranium market as several companies announced in the second quarter of 2020 measures leading to an important decrease of uranium production and related services, the Euratom Supply Agency (ESA) says in its newly released 2020 Annual Report. The report provides an overview of nuclear fuel supply and demand …