T.EFR: to Sell Non-Core Uranium Properties in Wyoming for $5.39 Million

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, is pleased to announce that it has entered into an agreement to sell certain non-core uranium properties in Wyoming to Uranium Energy Corp. (“UEC”) for $5.39 million, including $2.94 million of cash and …

T.DML: Completes Summer Drilling at Wheeler

TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE American:DNN)(NYSE MKT:DNN) is pleased to report the extension of new high-grade unconformity-hosted uranium mineralization located up-dip and approximately 250 metres along strike to the northeast of the basement-hosted Gryphon deposit, on the Company’s 60% owned Wheeler River project. Preliminary radiometric equivalent …

“Prices are now so low that most uranium mines are losing money on every pound they sell at spot pricing”

Respected analyst Marin Katusa says he is making the uranium sector one of the biggest bets of his career, tipping a uranium price rise of 50%-100% within the next three years. In a Katusa Research Uranium Outlook 2018 report, the founder said uranium spot pricing was below levels set in the 2008 financial crisis and …

T.DML: Reports Q3 2017 Results

TORONTO, ONTARIO–(Marketwired – Oct. 31, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE American:DNN)(NYSE MKT:DNN) today filed its Consolidated Financial Statements and Management’s Discussion & Analysis (“MD&A”) for the period ended September 30, 2017. Both documents are available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights below are derived from …

T.AZZ: Data Analysis Identifies Uranium Mineralization at Dewey Terrace

AZARGA URANIUM CORP. (TSX:AZZ) (“Azarga Uranium” or the “Company”) has identified uranium mineralization at the Company’s Dewey Terrace Project through the analysis of historical data owned by the Company (the “Data Set”). The Dewey Terrace Project is located in Wyoming, adjacent to the Company’s NRC licensed Dewey Burdock in-situ recovery uranium Project (the “Dewey Burdock Project”). …

Russia’s Rosatom to offer new reactor technologies in next 10 years

ABU DHABI, October 30. /TASS/. Russia’s civilian nuclear power corporation Rosatom expects to enter the market with new technologies in the next 10-12 years to offer fast neutron reactors for closed nuclear fuel cycle projects, Rosatom Head Alexei Likhachyov said at an IAEA ministerial conference on Monday. “Closing the nuclear cycle will allow peaceful atom …

China close to completing first offshore nuclear reactor

SHANGHAI – China’s first offshore nuclear reactor is set to be completed soon, engineers involved in the project said, bolstering Beijing’s maritime ambitions and stoking concerns about the potential use of atomic power in disputed island territories. Beijing hopes offshore reactors will not only help win new markets, but also support state ambitions to become a …

Russia Signs Agreement With Nigeria for Nuclear Power Plant

Russia has signed agreements with Nigeria to build and operate a nuclear power plant in the oil-rich West African nation that has a deficit of reliable power and faces security challenges by Islamist militants in the far northeast. Feasibility studies for the plant and a research center construction will include site screening, capacity, financing, and …

Argentina to start building two new nuclear reactors in 2018

ABU DHABI, Oct 31 (Reuters) – Argentina plans to start building two new nuclear reactors next year, a government official said on Tuesday. The South American country already generates about 5 percent of its electricity with three heavy water nuclear reactors, two German-built and one Canadian, with combined capacity of 1,600 megawatts (MW). A new …