TORONTO, ONTARIO–(Marketwired – Jan. 9, 2018) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at December 31, 2017 was CAD$506.0 million or CAD$3.82 per share. As at December 31, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …
In 1947, for a nation that was recently independent and had critical energy issues nuclear power seemed to the answer to all problems. It was billed as environment friendly and a technological boon. The steps towards the nuclear age had started right after independence itself when in 1948 the Atomic Energy Commission (AEC) was set …
Egypt is taking its nuclear energy effort out of the deep freeze. On December 11, 2017, during Russian President Vladimir Putin’s visit to Cairo, the two countries signed a nuclear agreement that reflects a convergence of their interests: Russia would like to return to its position as the dominant power in the Middle East, and …
The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Kazakhstan is situated in an unstable region, bordering weak Central Asian republics such as Uzbekistan and near war-torn Afghanistan. Kazakhstan has a major plant making nuclear fuel pellets and aims …
2018 looks set to be the year in which we finally see the beginning of the next uranium (U3O8) upturn. Major companies have taken swathes of production offline, which, generally speaking, marks the bottom of the cycle. The loss of output inevitably raises prices, initiating the next rush period during which production is increased across …
By Yoon Ja-young The United Arab Emirates (UAE) has shown full satisfaction with nuclear reactors currently being built there by Korean companies and suggested that Korea and the UAE cooperate to jointly win nuclear power projects in other countries, Korea’s energy minister said Tuesday. Trade, Industry, and Energy Minister Paik Un-gyu and Khaldoon Khalifa Al-Mubarak, …
GUANGZHOU, Jan. 9 (Xinhua) — A Chinese nuclear power operator signed an agreement Tuesday with a French energy organization to deepen cooperation on nuclear power technology. The deal, between China General Nuclear Power Corporation (CGN) and the French Alternative Energy and Atomic Energy Commission (CEA), focuses on areas such as nuclear reactor technology, advanced fuels …
China’s first AP1000 fuel production line has now produced 64 sets of fuel assemblies ready for the first reloading of the Sanmen AP1000 units. Both Sanmen AP1000s are scheduled to begin operating later this year. “The specifications of the components met the technical requirements and provide guarantee for the subsequent safe and stable operation of …
Vancouver, British Columbia–(Newsfile Corp. – January 9, 2018) – Dear Friends and Stakeholders of GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or the “Company”). As the holiday season comes to a close, we have taken time to reflect on the events that affected GoviEx during 2017 and to share our vision for the future. …
EXCLUSIVE TO SIGHTLINE U3O8 – As discussed last month in Part 1, many analysts will cite uranium underfeeding (enrichment of tail assays) and subsequent sale of low-enriched uranium (LEU) on the spot market as one of the key drivers behind the fall of U3O8 prices. Lower demand drove enrichers to increase underfeeding to prop up …
