McGuinness moves towards including gas and nuclear in green transition

Irish commissioner in eye of storm as member states row amid energy crisis Ireland’s European Commissioner Maireád McGuinness is moving closer to classifying nuclear energy and gas as having a role to play in the transition to climate neutrality as an energy price crisis consumes the European Union. Soaring electricity bills have made the issue politically …

The uranium squeeze

Will we see a similar price run to the early 2000s? Uranium, the commodity that provides us with nuclear fuel used to generate electricity in nuclear power stations, has surged to price levels last seen in 2015. Many are saying that the current market dynamics have created a uranium squeeze that could propel the commodity …

T.DML Announces Sale of V.GXU Shares and Warrants for up to $41.6 Million

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce it has entered into a private agreement to sell (the “Transaction”) 32,500,000 common shares (“GoviEx Shares”) of GoviEx Uranium Inc. (“GoviEx”), currently held by Denison for investment purposes, and 32,500,000 common share purchase warrants entitling the holder to acquire one …

V.URC Expands Physical Uranium Holdings to 1,048,068 Pounds of U3O8 at a Weighted Average Cost of US$37.64 per pound U3O8

Vancouver, British Columbia, Canada, October 19, 2021  –  Uranium Royalty Corp. (NASDAQ: UROY, TSX-V: URC) (“URC” or the “Company“) announces that it is entering into contracts for an additional four spot purchases totaling 400,000 pounds of U3O8 at an average cost of US$45.00 per pound U3O8. Deliveries will be accomplished in October-December 2021 through book transfers to URC’s storage …

Kazatomprom Announces Investment in Physical Uranium Fund

JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) is pleased to announce that its Board of Directors has passed a resolution to participate in a physical uranium fund, ANU Energy OEIC Ltd. (“ANU Energy” or “the Fund”), established on the Astana International Financial Centre (AIFC). The Fund will hold physical uranium as a long-term …

UK to fund new nuclear power station as part of net zero drive

The UK government will announce plans to fund a new nuclear power plant before the 2024 election as part of its Net Zero strategy, The Telegraph reported https://www.telegraph.co.uk/news/2021/10/17/exclusive-government-fund-new-nuclear-power-station-part-net late on Sunday. “We are seeking to approve at least one more large-scale nuclear project in the next few years to strengthen energy security and create thousands …

Delta Drone International enters Niger with virtual 3D model baseline survey for V.GXU

Delta Drone International (ASX:DLT) is set to enter the Niger market for the first time with uranium explorer and developer, GoviEx Uranium, to perform a virtual 3D model baseline survey for its potential new Madaouela mine in the West African country. The baseline survey will be one of the first times Delta Drone International uses its advanced …