Reps. Rick Allen, Jeff Duncan tour Plant Vogtle, advocate for more nuclear construction

After touring the as-yet uncompleted fourth reactor at Plant Vogtle, U.S. Rep. Rick Allen, R-Augusta and U.S. House Energy, Climate and Grid Security Subcommittee Chair Rep. Jeff Duncan, R-South Carolina, had a message — the United States needs more Vogtles. “I’ll go back to Washington with Rick and we’ll share with our colleagues on Energy …

Trudeau says Canada is ‘very serious’ about reviving nuclear power

Pickering Nuclear Generating Station. PHOTO BY VERONICA HENRI /Postmedia file Trudeau says country is prioritizing reducing dependency on oil and gas in the coming decades  Prime Minister Justin Trudeau said Canada is “very serious” about reviving nuclear energy production to lower the country’s reliance on fossil fuels.   The prime minister made the comments in response to …

Uranium Proves Resilient in March (T.U.UN)

Performance as of March 31, 2023 Asset 1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR U3O8 Uranium Spot Price 1 -0.30% 4.93% 4.93% -12.42% 22.84% 19.23% Uranium Mining Equities (Northshore Global Uranium Mining Index) 2 -6.74% -1.48% -1.48% -24.68% 52.15% 18.92% Uranium Junior Mining Equities (Nasdaq Sprott Junior Uranium Miners Index TR) 3 -11.02% -10.02% -10.02% -36.57% 60.99% …

V.GXU Announces Upsize to Previously Announced Bought Deal Private Placement to $15 Million

GoviEx Uranium Inc. (“GoviEx” or the “Company“) (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an amended agreement with Eight Capital and Sprott Capital Partners, as lead underwriters and joint bookrunners (collectively, the “Underwriters“), in connection with an upsized “bought deal” private placement financing of 85,714,200 units of the Company …

Pressure mounts on EU to sanction Rosatom in next Russia sanctions package

With the European Commission having started work on the 11th Russia sanctions package since its invasion of Ukraine, Russia hardliners are reviving pressure to target the country’s nuclear industry. As the EU this week started preparing the next sanction package of sanctions against Russia, the bloc’s ambassadors are set to meet with European Commission officials …

V.ISO Provides Winter Exploration Update

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to provide an update on winter 2023 exploration activities on its 100% owned Larocque East, Hawk and Geiger projects, all located in the northeastern region of the Athabasca Basin of Saskatchewan (Figure 1). Larocque East hosts the Company’s high-grade Hurricane Deposit. Highlights: Five …

T.CCO Signs Nuclear Fuel Agreement to Support Bulgaria’s Diversification Efforts

Cameco (TSX: CCO; NYSE: CCJ) has signed a 10-year supply contract to provide sufficient volumes of natural uranium hexafluoride, or UF6 (consisting of uranium and conversion services), to meet the full requirements of the Kozloduy 5 Reactor at the Kozloduy Nuclear Power Plant, the only nuclear generating station in the Republic of Bulgaria. “This is Cameco’s first …

Funds raised to extend operation of Atucha 1

Funding offers of $93m have been received to support extended operation of unit 1 of Argentina’s Atucha NPP by 20-25 years. The funds will also help to finance construction of a second dry storage facility for used fuel at plant site. Argentina’s nuclear utility Nucleoelectrica Argentina SA (NA-SA) said the second tranche of the NASA …