T.NXE RELEASES RESULTS FROM SHAFT PILOT HOLE REPORT AND ASSAYS FROM THE DEVELOPMENT DRILLING SUMMER 2018 PROGRAM

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report geotechnical results for the initial shaft pilot holes and assays for all twenty-nine holes comprising 20,482.31 m, drilled during the summer development program on the Company’s 100% owned Rook I property, in the Athabasca Basin, Saskatchewan. Highlights: Shaft Pilot Hole Report   …

Sudan to cooperate with China in uranium projects

Chinese National Nuclear Corporation to develop country’s uranium sector, as Sudan opens its door to uranium investments Sudan agreed with state-owned Chinese National Nuclear Corporation (CNNC) on Wednesday to cooperate in the peaceful use of nuclear energy with uranium enrichment. In an interview with Sudanese official news agency SUNA, Mohammed Abdullah, director of the Geological …

Kyushu Electric to scrap No. 2 reactor at Genkai nuclear plant due to cost of safety upgrades at aging site

Kyushu Electric Power Co. said Wednesday it has decided to scrap its aging No. 2 reactor at its Genkai nuclear plant in Saga Prefecture. The utility abandoned a plan to restart the unit, which has an output of 559 megawatts, in the face of the huge costs involved in enhancing the safety of the reactor …

Kazakhstan to remain uranium mining leader, says Energy Minister

Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation in the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev, Kazinform correspondent reports. “Despite the difficulties in the global uranium market, we intend to maintain leadership in uranium mining. Now there is an oversupply of uranium and this trend continues,” …

Cameco Reports Fourth Quarter and 2018 Financial Results

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2018 in accordance with International Financial Reporting Standards (IFRS). “As we expected, we had a strong finish to 2018,” said Tim Gitzel, Cameco’s president and CEO. “There were some significant developments in 2018 …

V.SYH Option Partner Orano Canada Commences Winter Diamond Drill Program at Preston Uranium Project

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that the Company’s option partner Orano Canada Inc. (“Orano Canada”) has commenced a planned 3,600 metre winter diamond drill program at the Preston Uranium Project. The project is located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit hosted on …