The Narendra Modi government, which had set the ambitious 63,000 MW nuclear power capacity addition target by the year 2031-32, has cut it down to 22,480 MW, a Lok Sabha answer has revealed. “With the completion of the under construction and sanctioned projects, the total nuclear power installed capacity in the country will reach 22480 MW… by the year …
Turkey reported the construction start of its first nuclear power plant to the IAEA’s Power Reactor Information System (PRIS) this week. The first safety-related concrete was poured for unit 1 of the Akkuyu nuclear power plant on 3 April, following the granting of the construction licence by the regulatory body, the Turkish Atomic Energy Authority …
Second Drill Mobilized to the Project UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-owned subsidiary, CoEX Metals Corporation (“CoEX”) is pleased to announce the first tranche of assay results from the winter drilling program on the West Bear Cobalt-Nickel Prospect, located in the eastern Athabasca Basin of northern Saskatchewan. The Company has completed …
KELOWNA, British Columbia, April 09, 2018 (GLOBE NEWSWIRE) — FISSION URANIUM CORP. (“Fission” or “the Company”) (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce that Mr. Rob Chang, one of the uranium market’s most recognized experts, has been appointed to the Board of Directors. Mr. Chang has 23 years of experience in the financial services industry. …
Uranium has been mired in a protracted slump since 2011 and despite claims by some pundits that a rally is looming, its price continues to fall, leaving it down by 12% over the last year. This has had a deleterious impact on uranium miners, with many — including the world’s largest publicly traded uranium miner Cameco Corp. (TSX:CCO)(NYSE:CCJ) shuttering …
Annual report says Saskatoon-based company lost $205M in 2017; Cameco blames global oversupply. Cameco admits it’s a difficult time to be in the uranium-mining business, but the Saskatoon-based company hopes conditions will improve. In the company’s latest annual report, Cameco said its net losses amounted to $205 million in 2017. In 2016, the company lost …
TORONTO, April 05, 2018 (GLOBE NEWSWIRE) — Uranium Participation Corporation (“UPC” or the “Corporation”) today filed its Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the year ended February 28, 2018. Both documents can be found on the Company’s website (www.uraniumparticipation.com) or on SEDAR (www.sedar.com). The highlights provided below are derived from these documents and …
An agreement recently reached between Japan Atomic Power Co. and six municipalities in Ibaraki Prefecture concerning the Tokai No. 2 nuclear plant highlights the sensitivities in the relationship between power companies and local governments in areas where nuclear power facilities are located. For the first time as a nuclear power plant operator, Japan Atomic Power …
Welcome back to Talking Stocks Over a Beer. Rarely do you get the kind of market insights today’s guest delivers… 30-year uranium industry veteran Scott Melbye joins me for a deep-dive into the industry to discuss the drivers for the next uranium bull market. We’ll also discuss my contrarian investment strategy, and the importance of …
VANCOUVER, British Columbia, April 05, 2018 (GLOBE NEWSWIRE) — Anfield Energy Inc. (TSX.V:AEC) (OTCQB:ANLDF) (FRANKFURT:0AD) (“Anfield” or “the Company”) is pleased to announce the receipt of an NI 43-101 compliant mineral resource technical report for the Nine Mile Lake uranium project, entitled “Nine Mile Lake Uranium Project, Mineral Resource NI 43-101 Technical Report, Natrona County, Wyoming, USA” with effective date …
