Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that the Company’s Board of Directors has approved restarting uranium production at its fully permitted, and past producing, Christensen Ranch In-Situ Recovery (“ISR”) operations in Wyoming. The recovered uranium will be processed at the fully operational Irigaray Central Processing Plant (“CPP”) with …
This aerial photograph taken on on October 4, 2023, shows the Rooppur Nuclear Power Plant in Rooppur. Bangladesh on October 5 accepted the first uranium delivery for its Russia-backed nuclear plant, a project aimed at bolstering its overstretched energy grid but complicated by sanctions on Moscow. Uranium prices surged on Monday as fresh supply worries …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce the commencement of its 2024 winter exploration program in the eastern Athabasca Basin, Canada designed to follow up on the successful 2023 season. A total of 8,250 metres of drilling is planned for the winter with a budget of $4 million focused …
Finnish power grid operator Fingrid acted in breach of market regulation when transferring certain obligations for the power system’s reliability to TVO, owner of the new OL3 nuclear reactor, Finland’s energy authority said on Friday. The OL3 reactor, Europe’s biggest with a capacity to meet around 14% of Finland’s energy demand, began regular output in 2023 after …
Kazatomprom, the world’s biggest uranium miner, warned that it’s likely to fall short of its production targets over the next two years, adding another risk to supply as demand for the nuclear fuel rebounds. The London-listed company, which is controlled by Kazakhstan’s government via its sovereign wealth fund, said on Friday that shortages of sulfuric …
The government is exploring plans to build a new large-scale nuclear plant, despite concerns about delays to existing projects. Ministers say the project would be the biggest expansion of the sector in 70 years, reducing reliance on overseas supply. The new plant would quadruple energy supplies by 2050, they say. But concerns have been raised, …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) corrected the U3O8 off-take sales quantity in today’s earlier news release. Global Atomic has formalized the Letter of Intent announced in October 2023 by signing a Definitive Agreement for the sale of up to 700,000 lbs uranium per annum from the Company’s …
The deadly earthquake that rocked Japan on New Year’s Day shook a nuclear power plant beyond established safety levels, according to a report by Japan’s Nuclear Regulatory Authority. The authority said that the buildings at the Shika nuclear power plant on the Noto Peninsula were made to sustain shaking measured at 918 Galileo units, but the Jan. …
Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQX:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce plans for an upcoming drill program at its recently optioned 73,294 hectare Russell Lake Uranium Project strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan. Skyharbour is planning 5,000 metres of diamond drilling in ten to twelve holes over the next several …
The price of the nuclear fuel has hit its highest level since 2007. The market is only getting tighter. Uranium has been a hot commodity, and its rally could have a long half-life. Spot prices for triuranium octoxide, the form of the commodity that is widely traded, hit $92.50 a pound on Monday, more than …
