US-led initiative aims to lower advanced nuclear construction costs

The US Department of Energy (DOE) is teaming up with GE Hitachi Nuclear Energy (GEH) and providing USD5.8 million in funding for a project to demonstrate how three construction technologies from other industries can be applied to advanced reactor designs, to improve the economics of bringing advanced reactors to market. The Advanced Construction Technology (ACT) …

T.EFR and Neo Performance Materials Announce Contract Signing and Launch of Commercial Shipments of Rare Earth Product to Europe in Emerging U.S.-Based Rare Earth Supply Chain

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels”) and Neo Performance Materials Inc. (TSX: NEO) (“Neo“) are pleased to announce that the first container (approximately 20 tonnes of product) of an expected 15 containers  of mixed rare earth carbonate (“RE Carbonate”) has been successfully produced by Energy Fuels at its White Mesa Mill in …

Cameco, GE Hitachi and Global Nuclear Fuel to Examine Potential Collaboration

Cameco (TSX: CCO; NYSE: CCJ), GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel-Americas (GNF-A) have entered into a Memorandum of Understanding to explore several areas of cooperation to advance the commercialization and deployment of BWRX-300 small modular reactors (SMRs) in Canada and around the world. “Nuclear power will play a massive role in the …

Sprott’s uranium ETF aims to provide liquidity

Sprott currently manages four different commodity stockpiling funds, with more than $12 billion in assets, including: the Sprott Physical Gold Trust (PHYS), one of the world’s largest physical gold vehicles; and the Sprott Physical Silver Trust (PSLV), the fastest-growing silver bullion fund. These physical-metal strategies are listed on both the Toronto and New York stock …

Transformative muon technology deployed at McClean Lake

The world’s first cosmic-ray muon detector developed specifically for use in industry-standard boreholes, has been deployed at Orano’s McClean Lake site in northern Saskatchewan where it will be used to image a uranium deposit. The technology developed by Canadian start-up company Ideon Technologies could transform mineral exploration. Muon tomography uses muons – naturally occurring subatomic …

Canada’s first Small Modular Reactor project reaches significant milestone

Canada’s first Small Modular Reactor (SMR) project is now one step closer to reality after recently reaching a licensing milestone. Global First Power (GFP), a Canadian energy company jointly owned by OPG and USNC-Power, announced its Micro Modular Reactor™ (MMR™) Project is moving onto the next phase of licensing with the Canadian Nuclear Safety Commission …

T.CCO Resuming Production at Cigar Lake

Cameco (TSX: CCO; NYSE: CCJ) is returning its regular workforce to the Cigar Lake uranium mine in northern Saskatchewan today and planning to restart production later this week. About 230 workers were evacuated from the site on July 1 as a precaution due to the proximity of a wildfire burning in the vicinity of the …

T.CCO Evacuating Cigar Lake as a Precaution due to Wildfire

Cameco (TSX: CCO; NYSE: CCJ) has made the decision to evacuate all non-essential personnel from the Cigar Lake uranium mine in northern Saskatchewan. The action is being taken as a precaution due to the proximity of a northern wildfire that is currently burning in the vicinity of the operation. The situation is complicated by extremely …