Uranium ETFs Merit Near-Term Caution

Big gains in short time frames can be seductive. Just look at the Global X Uranium ETF (NYSEArca: URA), which tracks uranium miners. The go-to uranium ETF is up nearly 16% over the past month, but some market observers believe the uranium and nuclear industries do not have a friend in the Trump Administration. Earlier this year, …

V.KIV: KIVALLIQ STARTS EXPLORATION AT BAFFIN GOLD PROPERTY, NUNAVUT

VANCOUVER, BC – Kivalliq Energy Corporation (TSX-V: KIV) (“Kivalliq”) today announced the start of a summer exploration program at the Baffin Gold Property in Nunavut Territory, Canada. Kivalliq will also be visiting the Qikiqtani Region to update the communities of Clyde River and Qikiqtarjuaq, located 260 kilometres and 360 kilometres from the Baffin Gold Property …

Uranium Markets Are Moving Into A Deficit And The World Is Still Building New Nuclear Power Plants

Uranium is still the anchor energy source for a stable base load in the world. The 2017 Uranium report has confirmed that uranium production is in a deficit and with energy consumption that is rising every year through e-mobility and Japanese reactors, there are companies that must fill the gap. UEC and Fission are 2 …

Japanese court denies injunction against Ikata nuclear plant

TOKYO, July 21 (Reuters) – A court in western Japan on Friday denied an injunction against Shikoku Electric Power Co’s Ikata No. 3 nuclear reactor, the operator said,allowing the plant that restarted last August to continue operations. The ruling by the Matsuyama District Court is in line with several other recent decisions after residents concerned …

India, Japan civil nuclear deal comes into force

Tie-up to ensure energy security and clean power The landmark India-Japan civil nuclear agreement came into force on Thursday. Foreign Secretary S. Jaishankar exchanged the diplomatic notes with the Japanese envoy to India to formalise the completion of the process. “The India-Japan Agreement for Cooperation in the Peaceful Uses of Nuclear Energy entered into force …

V.PTU: Outlines Drill Targets at Umfreville Project in Northern Saskatchewan

Purepoint Uranium Group Inc. has released the results of a ground gravity survey conducted at its 100-per-cent-owned Umfreville project in the northeastern area of Canada’s Athabasca basin in Northern Saskatchewan. “We believe that newly identified gravity lows represent areas of hydrothermal alteration that are associated with previously interpreted faulting and a strong uranium-in-soil anomaly,” said …

China National Nuclear Corporation interested in Angra 3 nuclear power plant in Brazil

The China National Nuclear Corporation (CNNC) is interested in participating in the conclusion of construction of Brazil’s Angra 3 nuclear power plant which have been halted since 2015, daily newspaper O Globo reported. According to the Brazilian newspaper, 70% of the Angra 3 nuclear power plant is completed, requiring an investment of US$13 billion so …

Australia quietly makes first uranium shipment to India three years after supply agreement

Three years after signing a civilian nuclear supply treaty, the Federal Government confirmed overnight the first shipment of Australian uranium has left for India.Foreign Minister Julie Bishop provided little detail about the inaugural sale, saying only that it was subject to commercial negotiations.The supply deal with India, signed in 2014, is the first of its …