T.CCO: Reports Third Quarter Results

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2017 in accordance with International Financial Reporting Standards (IFRS). “Our third quarter results were anticipated and in line with the outlook we provided in the second quarter,” said president and CEO, Tim Gitzel. “And, they reflect …

How China has Become the World’s Fastest Expanding Nuclear Power Producer

Some countries are introducing nuclear power for the first time; others are expanding their fleet. This will be one of the topics on the agenda of the International Ministerial Conference on Nuclear Power in the 21st century. This article sheds light on China as the fastest expanding nuclear power producer in the world. It has 38 …

South Korea to cut number of nuclear reactors from 24 to 14 by 2038

The South Korean government has decided to gradually reduce the number of nuclear reactors to 14 by 2038. It will cancel plans to build a further six new nuclear reactors, will not allow lifespan extension for 14 aged reactors, and will close Wolsong-1 earlier than scheduled. Paik Un-gyu, Minister of Trade, Industry and Energy, announced …

Nuclear power plant construction at Bangladesh’s Rooppur delayed again

The main construction work of the Rooppur nuclear power plant on the banks of the river Padma has been delayed for the third time. It had been rescheduled to begin this month. Project director of Rooppur nuclear power plant Shawkat Akbar informed to reporters of the matter after a meeting at the Rooppur nuclear power plant construction …

Designs for ‘mini’ nuclear power plants proposed by Rolls-Royce led group set to be given go-ahead

An important report assessing the viability of new “mini” nuclear power plants for the UK to be published this week is expected to give the green light to develop designs proposed by a British consortium led by Rolls-Royce. The Department for Business, Energy and Industrial Strategy (BEIS) is set to issue a study which formally …

South Korea’s president says will continue phasing out planned new plants

SEOUL (Reuters) – South Korea’s President Moon Jae-in said on Sunday the government will continue to phase out nuclear-generated electricity, following a public opinion survey that dealt a blow to his plans to do so. “We will completely stop all plans for the construction of new nuclear reactors like the government previously stated,” Moon said …

T.AZZ: ASLB Decision Moves Dewey Burdock Closer to Resolution of Final NRC License Contentions

Azarga Uranium Corp. has received notice that the Atomic Safety and Licensing Board (the ASLB) has issued a memorandum and order pertaining to the United States Nuclear Regulatory Commission (the NRC) summary disposition motion to resolve the remaining two contentions from the ASLB’s April 30, 2015, partial initial decision for the company’s Dewey Burdock in-situ …

Rosatom obtains first license on Akkuyu nuclear plant construction in Turkey

MOSCOW, October 20 – Rosatom has obtained the first license on construction of Akkuyu Nuclear Power Plant (NPP), the first nuclear power plant in Turkey, Russia’s nuclear corporation reported Friday. “The limited construction permit allows to launch construction and assembly operations at all sites of the nuclear power plant, excluding the buildings and facilities that are …

India seeks to buy more than 2,000 tons of Uzbek uranium

AKIPRESS.COM – President of Uzbekistan Shavkat Mirziyoyev and Prime Minister of India Narendra Modi discussed the issue of supplying Uzbek uranium to India at the Shanghai Cooperation Organization summit in Astana, The Economic Times reports. India is holding talks on the purchase of uranium for its nuclear power plant, the report said. “Uzbekistan, the seventh biggest …