The White House has signaled privately to lawmakers and stakeholders in recent weeks that it supports taxpayer subsidies to keep nuclear facilities from closing and making it harder to meet U.S. climate goals, three sources familiar with the discussions told Reuters. New subsidies, in the form of “production tax credits,” would likely be swept into …
Saskatoon, Saskatchewan, May 5, 2021 – UEX Corporation (TSX:UEX, OTCQB:UEXCF) (“UEX” or the “Company”) responds to Denison Mine Corp.’s (“Denison”) news release of May 4, 2021 announcing that it has delivered an offer (the “Denison Offer”) to Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”). …
TORONTO, May 4, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) announces that it has delivered a binding offer (the “Denison Offer”) to Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire 100% ownership of OURD’s wholly-owned subsidiary, JCU (Canada) Exploration Company, Limited (“JCU”). PDF Version JCU holds a …
Summary CCJ is one of the larger players in the uranium mining space. Global demand for uranium is increasing. There’s likely to be insufficient supply for future demand based on current construction plans for reactors in Asia and the Middle East. “Uranium miners like Cameco (NYSE:CCJ) are well-positioned as bullish investments over the next 3-5 …
Summary UPC’s shareholders are set to become unitholders of the newly created trust, provided this transaction is approved in the next few months. There are very few things to dislike about the transaction for both Sprott’s and UPC’s shareholders. Sprott has a great track record of managing and growing physical trusts, which bodes well for …
Toronto, Ontario, April 27, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today provided an update on its 100%-owned Turnor Lake project in the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. Initial focus will be on the Serin conductor which lies adjacent to and on trend with IsoEnergy Ltd.’s …
French company EDF has submitted to Nuclear Power Corporation of India Ltd (NPCIL) its binding techno-commercial offer to build six EPRs at Jaitapur in Maharashtra. The offer is the culmination of work that began with the 2018 signature of an agreement between the two companies and paves the way for discussions towards a binding framework …
China now leads the world in total energy production and also produces almost twice the amount of electricity that the United States does, 4.4 trillion kWh versus 7.5 trillion kWh per year, respectively. With over a third of China’s population still being energy poor or in abject poverty, this will grow even more. And a …
LAKEWOOD, Colo., April 23, 2021 /CNW/ – Energy Fuels Inc. (NYSE: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that the U.S. Department of Energy (“DOE“) Office of Fossil Energy and National Energy Technology Laboratory has exercised their option to award Energy Fuels, working with a team from Penn State University, an additional …
The Canadian Nuclear Association, Europe’s Foratom, the Japan Atomic Industrial Forum, the USA’s Nuclear Energy Institute, the UK’s Nuclear Industry Association and World Nuclear Association have issued a joint statement ahead of the Leaders Summit on Climate that starts today. At the invitation of US President Joe Biden, world leaders will convene for the two-day …
