Chugoku Electric Power Co. notified the Nuclear Regulation Authority on Monday that it plans to restart the No. 2 reactor at its Shimane nuclear power plant in western Japan on Dec. 7. The Shimane No. 2 unit will be the second boiling water reactor, after the No. 2 unit at Tohoku Electric Power Co.’s Onagawa …
NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC acquired from Rio Tinto in 2022 for $150-million, is projected to deliver substantial economic returns. The PEA estimates a post-tax net present value of $946-million for Roughrider, with an internal rate of …
Donald Trump enacted pro-nuclear policies during his first term and supported an “all-of-the-above” energy policy during the campaign, but some advocates fear a “divide between words and actions.” President-elect Donald Trump in August vowed to “approve new drilling, new pipelines, new refineries, new power plants [and] new reactors” on “day one” of his administration. But Trump has …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the three and nine months ended September 30, 2024. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these …
$946 Million Post-Tax NPV Strong Internal Rate of Return (IRR) of 40%, with 1.4 Year Payback All-in-Sustaining Costs (AISC) of $20.48 per Pound Average Life of Mine Production of 6.8 Million Pounds per Year Situated in the Infrastructure Rich Eastern Athabasca Basin, Saskatchewan, Canada Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is …
Hainan Nuclear Power Co., Ltd, a subsidiary of the China National Nuclear Corporation (CNNC), signed the world’s first capacity-building execution deal with the International Atomic Energy Agency (IAEA) over the construction of small modular reactors (SMRs) on the sidelines of an international conference on SMRs and their applications. The international conference on SMRs and their …
Cameco reports Q3 results; improving operational performance supports dividend growth; strengthening prospects amid growing demand for nuclear power; long-term contracting activity gaining momentum; strong annual outlook; Cameco well-positioned Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2024, in accordance with International Financial Reporting Standards …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the commencement of its fall diamond drilling program at the 73,294 hectare Russell Lake Uranium Project (“Russell” or the “Project”). The Project is 51% owned by Skyharbour as operator with joint-venture partner Rio Tinto Exploration Canada Inc. (“RTEC”) owning the other 49%. It is strategically …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSX: ISO; OTCQX: ISENF) is pleased to announce completion of its expanded summer exploration program at the Larocque East Project (the “Project”), located in the eastern Athabasca Basin (Figure 1). The Company successfully completed 30 diamond drill holes, totaling 13,015m, exceeding the originally budgeted 9,825m, along the Larocque Trend (“Larocque …
Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the three and nine months ended September 30, 2024. Management commentary “Sprott’s Assets Under Management (“AUM”) was $33.4 billion as at September 30, 2024, up 8% from June 30, 2024 and up 16% from December 31, 2023,” said Whitney George, CEO of …