Fukui gives OK to restart of Japan’s Kansai Electric’s Oi nuclear plant

FUKUI–Kansai Electric Power Co. has cleared all hurdles toward restarting two reactors at its Oi nuclear power plant early next year after gaining the consent of the prefectural governor here Nov. 27. The utility plans to resume operations of the No. 3 and No. 4 reactors in January and March, respectively. “I have agreed to …

Pakistan, China agree to build Chashma 5

China National Nuclear Corporation (CNNC) and the Pakistan Atomic Energy Commission (PAEC) have signed a cooperation agreement on the construction of a HPR1000 Hualong One reactor at the Chashma nuclear power plant. “According to the agreement, CNNC will build a one-million-kilowatt-class nuclear power unit with HPR1000 technology at the Chashma Nuclear Power Plant in Pakistan,” …

Kazakhstan projects uranium production at 22,000 tons in 2017

AKIPRESS.COM – Uranium production is projected at 22,000 tons in 2017 in Kazakhstan, Minister of Energy Kanat Bozumbayev said Monday. A leading uranium producer is expected to cut production in 2017 by 2,000 tons. In 2016, Kazakhstan produced 24,000 tons. “Forecast for uranium production is 22,150 tons,” Bozumbayev told reporters Monday. China will remain the main …

U.UEC: Increases Burke Hollow Resource by 38% with Results from Recent Drilling Campaign

Highlights: Inferred resource increases from 5.12 million pounds U3O8 to 7.09 million pounds U3O8* Environmental permitting continues to advance with approval of the mine permit and aquifer exemption Several miles of lightly explored, mineralized trends remain to be developed Corpus Christi, TX, November 27, 2017 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) …

T.DML: Reports Wheeler River Summer Assays Ahead of Resource Estimate

TORONTO, ONTARIO–(Marketwired – Nov. 27, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML) (NYSE MKT:DNN) (NYSE American:DNN) is pleased to report assay results from the 64 drill holes (totalling 29,823 metres) completed as part of the summer 2017 exploration program on the Company’s 60% owned Wheeler River project. The primary objectives of the summer …

Seeking Alpha – Have We Reached An Inflection Point With Uranium Prices?

Dennis Berzhanin – Seeking Alpha  Summary Uranium investors have welcomed recent production cuts from Cameco and Kazatomprom. The ever-increasing construction of nuclear reactors will cause demand to keep rising. Political climate is the most favorable to uranium producers, since at least the Bush Administration. Both Uranium Participation Corp. and Global X Uranium ETF are compelling ways …

USGS reports new American uranium potential and a new uranium “species”

The dream of discovery must motivate many a geologist. Through skill, effort and luck they hope to eventually find something precious, useful or otherwise valuable—something well known yet found in a previously unknown location. But a group of geo-boffins from the U.S. Geological Survey not only identified a type of uranium deposit previously unknown to …

V.GXU: Mutanga PEA pegs NPV at $112M (U.S.)

GoviEx Uranium Inc. has completed a National Instrument 43-101 preliminary economic assessment (PEA) for the Mutanga uranium project in Zambia, which evaluates the economic and technical viability of a large-scale uranium project with low capital costs and low operating costs. Highlights of the PEA include the following: The Mutanga Project consists of three contiguous, fully-permitted …