T.GLO Letter to Shareholders

All dollar amounts are in Canadian dollars unless otherwise stated. 2020 was a year we will all remember. For everyone it was a year of coping with the pandemic and we salute everyone’s efforts to stay healthy and keep spirits high.  It was great to see so many individuals rise to the challenges  and work …

Bulgaria becomes the Nuclear Energy Agency’s 34th member

On 1 January 2021, Bulgaria became the newest member of the OECD Nuclear Energy Agency (NEA) and its Data Bank. “Bulgaria’s membership will enrich the NEA’s work in areas such as nuclear safety and regulation, decommissioning and radioactive waste management,” said OECD Secretary‑General Angel Gurría. “The accession of Bulgaria to the Agency also underlines the …

Top uranium miner Kazatomprom sells 49% interest in two mines to China’s CGN

The world’s largest uranium producer Kazatomprom and China’s CGN Mining announced today that Kazatomprom will sell to CGN up to a 49% interest in its wholly owned subsidiary, Ortalyk, on market terms determined by a third-party valuation. Ortalyk owns 100% interest in the Mynkuduk and Zhalpak uranium deposits in Kazakhstan. Mynkuduk has a designed capacity …

Extending nuclear cooperation to the Middle East

International treaties governing nuclear security serve as frameworks based on shared experience, but they are not a substitute for practical and ongoing cooperation. This was one of the messages from delegates at NP1 – The Nuclear Power Conference Israel – Threats, Challenges, Opportunities. The 10 November event took place amid growing concern about Iran’s move away …

UK and Euratom sign Nuclear Cooperation Agreement

The UK and the European Atomic Energy Community (Euratom) have signed a Nuclear Cooperation Agreement (NCA). This is separate from the wider UK-EU Trade and Cooperation Agreement that was also announced on 24 December and which has since been approved by ambassadors from the 27 EU Member States, paving the way for it to take …

China starts building second CFR-600 fast reactor

Construction work has started on the second CFR-600 sodium-cooled pool-type fast-neutron nuclear reactor in Xiapu County, in China’s Fujian province. Also known as the Xiapu fast reactor demonstration project, the CFR-600 is part of China’s plan to achieve a closed nuclear fuel cycle. Construction of unit 1 started in late 2017. The fuel will be …

T.CCO Positive Test at Cigar Lake

An individual at Cigar Lake has tested positive for COVID-19. The result is being sent for confirmation to the provincial lab and will be classified as a presumptive positive until we have confirmation. Under the direction of the Northern Population Health Unit, six close contacts were identified – and each contact has tested negative. Safety …