A.VMY: Announces Acquisition of Cameco’s Alligator River Uranium Project

Uranium developer Vimy Resources has secured a deal to acquire the Alligator River project in the Northern Territory from Canada’s Cameco. The $6.5 million deal, which will be staged over 30 months, will give Vimy the largest granted tenement package in the Alligator River uranium province, considered to be one of the world’s leading districts …

Russia, India and Bangladesh sign tripartite pact for cooperation on Rooppur Nuclear Power Plant

Russia, India and Bangladesh signed a trilateral agreement on Thursday to cooperate in the construction of the Rooppur Nuclear Power Plant in Bangladesh, work on which started late last year, according to an announcement from Russia`s Rosatom State Atomic Energy Cooperation. Rosatom, the equipment supplier and technical consultant for the Kudankulam Nuclear Power Plant in …

T.UEX: Winter Drill Program Underway at West Bear Cobalt-Nickel Prospect

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the winter drilling program on the West Bear Cobalt-Nickel Prospect is underway. The Company plans to spend $1.5 million drilling its 100% owned West Bear Cobalt-Nickel Prospect located on the Hidden Bay project, immediately east of the West Bear Uranium Deposit (“WBU Deposit”). The …

Rick Perry going to London to hold nuclear cooperation talks with Saudi officials

Energy Secretary Rick Perry will fly to London this week to discuss a nuclear cooperation agreement with senior officials from Saudi Arabia, which is planning to build two reactors along the Persian Gulf, according to an administration official. Perry was originally scheduled to take part in meetings with Mexican officials, but Mexico’s president, Enrique Peña Nieto, canceled …

Canada begins small modular reactor strategy roadmap

Canada has launched a process to prepare a roadmap to explore the potential of on- and off-grid applications for small modular reactor (SMR) technology. The roadmap will help position Canada to become a global leader in the emerging SMR market, according to Natural Resources Canada (NRCan). The roadmapping process, which is part of NRCan’s Energy …