Egypt expects to finalise contracts for nuclear power plant by end-2017

CAIRO, Oct 31 (Reuters) – Egypt expects to finalise contracts before the end of 2017 for its first nuclear power plant with 4,800 megawatt (MW) capacity, Electricity Minister Mohamed Shaker said on Tuesday. Egypt signed an agreement in November 2015 for Russia to finance building and operating the plant. Egypt’s official gazette said last year …

Centrus and ORNL Collaborate on Advanced U.S. Uranium Enrichment Technology

BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced today it has signed a contract with UT-Battelle, LLC, as operator of the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), to continue advancing the AC100, a U.S. gas centrifuge uranium enrichment technology, at the Company’s facilities in Oak Ridge, Tenn. The new contract …

IAEA Ministerial Conference on Nuclear Power in the 21st Century Opens in Abu Dhabi

The IAEA’s International Ministerial Conference on Nuclear Power in the 21st Century opened today in Abu Dhabi, United Arab Emirates, with around 700 participants from 67 IAEA Member States and five international organizations set to explore the role of low-carbon nuclear power in the world’s future energy mix. “All countries – both developed and developing – need …

Ontario outlines long-term energy plans

The government of Ontario has reconfirmed its support for the Canadian province’s nuclear sector in its long-term energy roadmap. The plan focuses on energy affordability, innovation and customer choice in the province, which already generates over 90% of its electricity without producing greenhouse gases. The 2017 Long-Term Energy Plan (LTEP) – subtitled Delivering fairness and choice – was published …

Saudi Arabia to extract uranium for ‘self-sufficient’ nuclear programme

By Sylvia Westall ABU DHABI (Reuters) – Saudi Arabia plans to extract uranium domestically as part of its nuclear power programme and sees this as a step towards “self-sufficiency” in producing atomic fuel, a senior official said on Monday. Extracting its own uranium also makes sense from an economic point of view, said Hashim bin Abdullah Yamani, head …

V.GXU: completes acquisition of African Energy’s Zambian uranium assets

GoviEx Uranium Inc. has completed its previously announced transaction to acquire the uranium mineral interests of African Energy Resources Ltd. in Zambia. See GoviEx’s news release dated March 6, 2017. Govind Friedland, Executive Chairman of GoviEx, commented, “The combination of African Energy’s Chirundu and Kiraba Valley tenements with GoviEx’s Mutanga Project finally unites these neighbouring …

In Africa, the bell tolls for uranium mining – activists

Johannesburg – A bleak market outlook most likely forced Karoo Uranium mining hopefuls Peninsula Energy Ltd to withdraw from South Africa. According to Dr Stefan Cramer, SA Faith Communities’ Environment Institute (Safcei) Science Advisor, the same poor outlook will also keep potential buyers from mining the Karoo for uranium. Peninsula announced last week Wednesday that …

Nuclear Power in the 21st Century

Producer: Jeffrey Donovan, Camera and Editing: Martin Klingenboeck Energy is the engine of economic development and prosperity. Growing populations and expanding industries need more and more of it. But can energy power modern economies, without heating the planet or polluting our air? Nuclear power is one option. It currently produces about 11 percent of the …