NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announced today an update to the initial capital, sustaining, and operating cost estimates for the Company’s 100%-owned Rook I Project (or “the Project”). The estimated pre-production capital costs (“CapEx”) are Canadian Dollar (“C$”) C$2.2 billion / US Dollar (“USD”) $1.58BN, with an average cash operating cost (“OpEx”) over the …
Long-duration batteries, small modular nuclear reactors, hydrogen and fuel cells may be needed to replace 25 GW of fossil generation by 2040. New York’s electricity demand could increase by 50% to 90% over the next two decades, driven by the electrification of heating and transportation and the development of energy intensive projects and industry, the state’s grid …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce the closing of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of C$20,000,000.25. The Company sold 14,814,815 units of the Company (each, a “Unit”) at a price of C$1.35 per Unit. Red Cloud Securities Inc. (“Red Cloud”) …
Cameco reports Q2 results: 2024 outlook on track; strong operational performance; financial results reflect transition to tier-one economics; durable demand outlook driving long-term price increases; disciplined strategy capturing long-term value Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2024, in accordance with International Financial …
Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU) (“Fission”) announced today that it has mailed and filed a management information circular and related materials (the “Meeting Materials“) for its special meeting (the “Meeting“) of shareholders and optionholders of Fission (collectively, “Securityholders“) to be held on August 26, 2024 in connection with the proposed acquisition of Fission by …
The Office for Nuclear Regulation (ONR), the Environment Agency and Natural Resources Wales (NRW) have announced today that they are progressing to the next step of their assessment of Rolls-Royce SMR Ltd’s 470 MWe Small Modular Reactor (SMR) design. The Generic Design Assessment (GDA) process allows the regulators to begin assessing the safety, security, safeguards …
The Navajo Nation planned Tuesday to test a tribal law that bans uranium from being transported on its land by ordering tribal police to stop trucks carrying the mineral and return to the mine where it was extracted in northern Arizona. But before tribal police could catch up with two semi-trucks on federal highways, they …
The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
As the country races towards its target of generating 1,200 megawatts of nuclear energy by 2032, executives from Manila Electric Company (Meralco) raised the urgent need to diversify technology beyond micro modular reactors (MMRs) to hit its energy goals. Meralco executive vice president and chief operations officer Ronnie Aperocho said in a press briefing in …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that it has entered into a property purchase and sale agreement (the “Agreement”) with Cosa Resources Corp. (“Cosa”) dated July 26th, 2024, whereby Skyharbour will sell Cosa two (2) mineral claims, comprising approximately 6,049 hectares. These two claims represent a small portion of Skyharbour’s Karin …