Los Alamos County’s Carbon Free Power Project (CFPP) will advance into the next phase. The motion to approve continuing the project passed 5-2 during Tuesday night’s County Council meeting. Councilors Randall Ryti and Antonio Maggiore opposed the motion. With this approval, the project’s next phase includes a financial commitment from the County totaling $1,046,849 to …
Kazatomprom KZAP.KZ, KAPq.L, the world’s No. 1 uranium miner, has started buying the metal on the spot market and may purchase more this year to replenish its stock after the coronavirus pandemic upended the global market, it said on Thursday. Supply disruptions have accelerated the rebalancing of the nuclear fuel market, pushing up the spot price and prompting …
POLAND HAS AFFIRMED IN RECENT weeks its determination to close its power generation gap by building between 6GW and 9GW of new nuclear capacity. However, construction of the first plants will now not start until 2026. The initial plan had been to start construction around 2020 and to have Poland’s first nuclear plant in operation …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that the Summer 2020 drilling program at the Hurricane zone has begun. Discovered in 2018 on the Larocque East property, the Hurricane zone is a recent discovery of high-grade uranium mineralization with intersections of up to 33.9% U3O8 over 8.5m. The Larocque …
Summary Cameco’s profitability relies on uranium pricing moving up from current cycle lows. COVID-19 has interrupted Cameco’s production and has added more uncertainty to global supply. Demand for nuclear energy and reactor construction has slowed in western nations in the wake of the Fukushima disaster. The bull case for uranium demand growth hinges on a …
Purepoint Uranium (PTU.V) holds nearly 100,000 hectares of claims across its uranium exploration projects in the Athabasca Basin. Within these claims are well over 20 distinct and well-defined drill target regions that have been surveyed extensively, and in most cases, had first pass drilling performed. In this short video, Chris Frostad, President & CEO …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the leading uranium producer in the United States, is pleased to announce that it is making a number of changes to its management team in order to reduce costs, flatten the organizational structure, and focus on the ongoing growth of a new generation …
All the nuclear fuel has been loaded into the first unit of the Belarusian nuclear power plant. Physical launch operations continue, BelTA learned from Vigen Marukhyan, Head of the Nuclear Safety Regulation Office of the Nuclear and Radiation Safety Department of the Belarusian Emergencies Ministry (Gosatomnadzor), on 20 August. According to the source, as of …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has closed the previously announced US$6 million private placement of an unsecured convertible debenture (the “Debenture”) with Queen’s Road Capital Investment Ltd. (“QRC”) (TSXV: QRC). Craig Parry, IsoEnergy’s Chief Executive Officer, commented: “It is with great pleasure that we …
Kazatomprom KZAP.KZ, KAPq.L, the world’s biggest uranium miner, will keep its output reduced by 20% through 2022, it said on Wednesday, in order to help the market recover. “The decision to keep production similar year-over-year, and extend production curtailment into 2022, is indicative of a global uranium market that is still recovering from a long period of …
