The European Union must ensure it retains sovereignty over energy and climate, French President Emmanuel Macron told the European Parliament last week. Reducing emissions must remain a priority for Europe, and replacing phased-out nuclear plants with coal would not achieve this, he warned. In an introductory address to a debate on the future of Europe, …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-owned subsidiary, CoEX Metals Corporation (“CoEX”) is pleased to announce the third tranche of assay results have been received for fourteen additional holes from the Phase 1 winter drilling program on the 100%-owned West Bear Cobalt-Nickel Prospect, located in the eastern Athabasca Basin of northern Saskatchewan. …
Toronto, ON – April 25, 2018 Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report the expansion of the Huskie zone with the receipt of chemical assay (“U3O8 ” ) results from the Company’s winter 2018 diamond drilling program on the 64.22% owned Waterbury Lake project. The winter …
Andrea Jennetta , Contributor Financial carry trade uranium deals still offer the cheapest supply source for nuclear utilities in 2019-2022. Paladin CEO Alexander Molyneux said last week that such contracts “remain the most competitive source of supply” for uranium fuel buyers, despite indications from the U.S. Federal Reserve that interest rates will rise four times this year for …
FUKUOKA (Kyodo) — The operator of the Genkai nuclear power plant in southwestern Japan aims to restart another reactor at the complex in late May, according to a plan recently submitted to the government. The rebooting of the No. 4 unit at the plant in Saga Prefecture after a six-year hiatus will complete Kyushu Electric …
FRANKFURT (Reuters) – German power companies see a potential gap between conventional electricity supply and demand by the early 2020s, urging policymakers to help investors plan better by rewarding conventional capacity and speeding power grid expansion. “Existing overcapacity will not just disappear completely within a few years. What’s more worrying is that we will run …
Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government. “We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the …
Nuclear power generation in France declined by 4.1 GW on Thursday as supply at multiple power stations along with two coal-fired units were slashed due to the start of a strike, grid operator RTE and plant operator EDF said. More than 4 GW of nuclear capacity unavailable Capacity at two Cordemais coal units at zero …
Finnish utility Teollisuuden Voima Oyj (TVO) said it plans to start loading fuel into the core of the Olkiluoto 3 (OL3) EPR in the autumn, once an operating licence has been granted. However, the company said it is awaiting confirmation from the Areva-Siemens consortium that start-up of the unit is still scheduled for May 2019. …
Toronto, Ontario – April 20, 2018– Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today announced the completion of the latest winter program at its Hook Lake Project, a joint venture between Cameco Corporation (39.5%), Orano Resources Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. A total of …