Icebreaker Reactor Approved for Ground-Based Nuclear Plant

The international business arm of Russia’s state-owned nuclear power company has received a license that will allow construction of small modular reactors (SMRs), based on the design used in the country’s icebreaker shipping fleet, at ground-based nuclear power plants. Rusatom Overseas JSC (RAOS JSC), the company representing parent company Rosatom’s international interests, on Aug. 9 …

T.SII Announces Second Quarter 2021 Results

 Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and six months ended June 30, 2021. Management commentary “Our business continued to perform well during the second quarter, with assets under management increasing to $18.6 billion as of June 30, 2021. We reported $15.1 million ($0.60 per share) …

Study reveals an increase in the frequency of nuclear power outages caused by climate change

Past research suggests that climate change and energy systems have a bidirectional relationship. In other words, just like emissions from energy systems can fuel climate change, climate change could also expose the vulnerabilities or shortcomings of energy systems. For instance, climate change could adversely impact the operation of critical energy systems and infrastructure, potentially disrupting the provision of electricity. …

Nuclear power’s benefits for climate change should outweigh our fears

On July 14, Senate Democrats introduced their plan to push $3.5 trillion in federal spending through the reconciliation process, in order to add climate change provisions long-sought by progressives to the highly contested infrastructure bill. These provisions restrict fossil fuels in the economy and commit the United States to dramatically increase clean energy use. Reducing …

Economic groups regard S. Korea’s energy transition roadmap as excessive

SEOUL — A draft road map presented by a special presidential committee contained a broad national goal to achieve net-zero carbon dioxide emissions by 2050 in response to a global agenda for fighting climate change. Economic groups acknowledged the need for specific action plans but opposed any radical steps that could undermine the competitiveness of …

ISL development of Russian uranium deposit given regulatory approval

VNIPIpromtechnologii, JSC – the engineering centre of Rosatom’s mining division ARMZ Uranium Holding Co – has received a “positive opinion” on design work and engineering surveys for in-situ leach (ISL) development at the Kolichikan uranium deposit from the Russian State Expert Examination Board, Glavgosekspertiza. This means development of the deposit, in the Khiagda orefield, can …

T.DML Reports Results from Q2 2021

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended June 30, 2021. Both documents will be available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents …

ISL development of Russian uranium deposit given regulatory approval

VNIPIpromtechnologii, JSC – the engineering centre of Rosatom’s mining division ARMZ Uranium Holding Co – has received a “positive opinion” on design work and engineering surveys for in-situ leach (ISL) development at the Kolichikan uranium deposit from the Russian State Expert Examination Board, Glavgosekspertiza. This means development of the deposit, in the Khiagda orefield, can …

V.EU Announces Uranium Sales Agreement

CORPUS CHRISTI, Texas, Aug. 4, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the “Company“) is  pleased to announce, as stated in the Company’s objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement (“Agreement”) with UG USA, Inc. The 5-year Agreement covers 2 …

T.DML Reports Decision to Increase Anticipated ISR Mining Head Grade at Phoenix by 50%

TORONTO, Aug. 4, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to report positive interim results from the ongoing metallurgical test program for the planned In-Situ Recovery (“ISR”) mining operation at the Phoenix uranium deposit (“Phoenix”), located on the Company’s 90% owned Wheeler River Uranium Project (“Wheeler …