More Domestic Uranium Mining Could Mean Business For Southern Utah

The federal government could ramp up spending on domestically produced uranium, based on a recommendation from a working group created by President Donald Trump. That recommendation has not been made public, but sources familiar with the report told Bloomberg News it directs the federal government to add new domestic uranium to its stockpile. If the president acts …

Russia and the Republic of the Congo continue cooperation in the peaceful use of atomic energy

On December 10, 2019, a delegation of the Ministry of Scientific Research and Technological Innovation of the Republic of the Congo headed by Minister M. P. E. Cussu-Mawungu arrived to Moscow by an invitation of Director General of ROSATOM Alexey Likhachev. The Congolese delegation was familiarized with capabilities and competences of the Russian nuclear industry …

Administrative, financial approval given for 12 new nuclear reactors for power generation

During the Question Hour in the Rajya Sabha, Union minister for Atomic Energy Jitendra Singh said there are presently nine reactors under construction and pre-project activities are in progress at the 12 reactors accorded sanction. New Delhi: The government has given administrative and financial sanction for 12 new reactors with a capacity of 9000 megawatt …

4 nuclear reactors under consideration by electricity commission

The Federal Electricity Commission (CFE) is looking into building four nuclear reactors. “We consider it advisable that we install two more reactors at the Laguna Verde nuclear power plant [in Veracruz] and two on the Pacific coast,” CFE thermoelectric generation coordinator Héctor López Villareal told a press conference. The cost of each 1,400-megawatt (MW) reactor, with …

V.PTU Announces Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) announced a non-brokered private placement (the “Private Placement”) of up to 9,230,770  flow-through units (the “Flow-Through Units”) at a price of $0.065 per unit for aggregate gross proceeds up to $600,000.00.  Each Flow-Through Unit consists of one common share in the capital of the Company to be …

Tohoku reactor restart: What is the state of Japan’s nuclear policy?

In late November, the Nuclear Regulation Authority (NRA) gave the green light for restarting the No. 2 reactor at Tohoku Electric Power Co.’s Onagawa plant in Miyagi Prefecture, which had been damaged in the March 11, 2011, earthquake and tsunami. The announcement once again put the spotlight on the country’s nuclear power policy, not only …

Third-generation Nuclear Reactors Put into Operation in South Korea

The completion ceremony for the third and fourth units of the Shin-Kori Nuclear Power Plant was held on Dec. 6. The third-generation nuclear power plants have been put into commercial operation ahead of those of the United States and Europe to prove the excellence of South Korea’s nuclear power generation technology. The operation is very …

V.URC Closes $30 million IPO and announces listing on the TSX Venture Exchange

Uranium Royalty Corp. (TSX-V: URC) (“URC” or the “Company”) is pleased to announce that it has completed its oversubscribed and upsized initial public offering (the “IPO”) and listing on the TSX Venture Exchange (“TSX-V”). The IPO consisted of the issuance of 20,000,000 units of the Company (the “Units”) at a price of $1.50 per Unit …