UAE leads the way in peaceful nuclear energy

Building a nuclear energy programme is a truly global undertaking. It requires a strong and long-term commitment from the nation pursuing the programme, and partnerships with governments and global experts that offer guidance and insight based on best practices and operating experience. As the first new nuclear energy programme in decades, the UAE offers a …

Uranium import probe threatens U.S. nuclear power industry

U.S. nuclear power generators urged the federal government against taking action in a dispute over imported uranium, arguing tariffs or quotas would increase costs for the struggling industry and possibly cause some reactors to shut, according to a statement emailed on Wednesday. The U.S. Department of Commerce launched a “Section 232” investigation into uranium imports …

V.GXU Grants Stock Options

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”) announced that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers and employees to purchase up to an aggregate of 9,880,000 common shares in the capital stock of the Company. The options are exercisable at a price of C$0.215 …

Energy Fuels Commencing Vanadium Production; Testing New Approaches to Mining in Tight Vanadium Market

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that the Company expects to resume vanadium production at its 100% owned White Mesa Mill (the “Mill”) in mid-November 2018, producing significant quantities of salable V2O5 product by the end of December 2018. When production begins, Energy Fuels …

Cameco Submits Comments to the US Department of Commerce Section 232 Investigation

Cameco (TSX: CCO; NYSE: CCJ) today filed a submission with the United States Department of Commerce (DOC) in response to its request for comments as part of the investigation into whether foreign uranium imports threaten to impair US national security under Section 232 of the Trade Expansion Act of 1962. “With uranium operations in both …

For national security, impose quota on foreign uranium imports

Today, the Texas uranium mining industry is virtually silent. Indeed, across the U.S., this once-thriving industry now supplies only a small fraction of our domestic nuclear energy and defense requirements, threatening our energy independence and national security. Along with many others, the U.S. Department of Commerce, or DOC, is now asking, why? As the world’s …

Japan Court Clears Reactor Restart in Win for Nuclear Push

A Japanese court paved the way for the nation’s ninth nuclear reactor to restart, boosting Prime Minister Shinzo Abe’s push to bring dozens of plants back online following the 2011 Fukushima disaster. The Hiroshima High Court on Tuesday removed a temporary injunction against Shikoku Electric Power Co.’s Ikata No. 3 reactor, the company said in a …