It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government’s fiscal year (until Sept. 30, 2018). …
If you tell Jordan Trimble that uranium prices are bouncing around the basement at around US$22 per pound, he’ll smile. As director, president and CEO of uranium exploration company Skyharbour Resources Ltd. (TSX.V: SYH) (OTCQB: SYHBF) he’s assembled a rare trifecta of topography, timing and talent to unlock the full potential of an extensive portfolio of uranium …
GoviEx Uranium Inc. has agreed with Toshiba Corp. to extend the date of settlement under the termination agreement and mutual release to April 30, 2018. Toshiba also has agreed to extend the completion of the share purchase agreement with a mutually agreed third party investor. The execution of the agreement and the SPA were both …
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce its option partner Azincourt Energy (TSX-V: AAZ) (“Azincourt”) has paid its required cash payment to enter year two of the property option agreement after receiving positive results from the recent exploration program at the East Preston Uranium Project (the “Project”). Numerous high-quality drill targets were generated …
TORONTO, March 27, 2018 (GLOBE NEWSWIRE) — Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML) (NYSE MKT:DNN) (NYSE American:DNN) is pleased to announce an increase in the mineral resources estimated for the Midwest Project, located in the eastern Athabasca Basin, northern Saskatchewan, Canada. The Project is host to the high-grade Midwest Main and Midwest A …
Shikoku Electric Power Co. decided Tuesday to scrap the aging reactor 2 at its Ikata plant in Ehime Prefecture because the required safety investments would make it too expensive to keep in service. The reactor will be the ninth that nuclear plant operators across Japan have decided to scrap following the 2011 nuclear crisis, excluding …
Sitting atop the world’s second-largest oil reserves, Saudi Arabia has little to worry about when it comes to generating energy. But the Gulf nation is now angling to make one of the biggest investments in nuclear energy the world has seen. Saudi Arabia plans to spend more than $80 billion to build 16 nuclear reactors over the next …
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) celebrated the conclusion of the Fiscal Year 2018 (FY 2018) appropriations process. The Omnibus bill, signed by President Trump, includes $34.5 billion in funding for the DOE. “As a former appropriator, I am keenly aware of the work that goes in to the budget process, and …
Sheikh Mohammed bin Zayed and Moon Jae-in, President of Korea, today attended a celebration to mark the completion of the UAE’s first nuclear reactor with a visit to the Barakah power plant. The plant is the first in the Arab world, and is part of the UAE’s effort to curb its reliance on fossil fuels and …
The nuclear power plant at Cernavoda, Eastern Romania, closed one of its two reactors and reduced the output of the second one due to malfunctions on Sunday, March 25. Nuclearelectrica, the state company that operates the power plant, announced on Sunday morning that it had to close Unit 1 of the Cernavoda power plant due …
