Eleven EU States Unite To Strengthen Nuclear Power

Eleven EU member states vowed on Tuesday to “strengthen cooperation” on nuclear energy, which they said would help Europe move away from carbon-emitting fossil fuels. Bulgaria, Croatia, Czech Republic, Finland, France, Hungary, Netherlands, Poland, Romania, Slovakia and Slovenia agreed “to support new projects” alongside existing nuclear plants, according to a statement released during a meeting …

T.GLO Updates Operational Status of Zinc Recycling Plant in Türkiye

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (FRANKFURT: G12) announced today that the Company’s joint venture, Befesa Silvermet Turkey (“BST”), zinc production plant, is expected to resume operations in early March, following the earthquake of February 6, 2023.  The BST plant sustained only minimal damage and following a thorough assessment, has been declared operational. …

Paris drafts European ‘nuclear alliance’

French energy transition minister Agnès Pannier-Runacher will meet on Tuesday (28 February) with twelve counterparts in Stockholm to discuss the potential launch of a brand new “nuclear alliance” within the EU. Pannier-Runacher will be in Stockholm on Monday and Tuesday (27 and 28 February) for two days of informal talks with fellow EU energy and …

T.GLO Provides Update on Operations and Public Offering

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) announced today that further to its news release dated February 14, 2023 an appeal of the orders granted last week against the Company’s Niger subsidiary, SOMIDA S.A., was heard today in the Appeals Court in Tahoua, Niger. It is anticipated that the court …

T.U.UN Announces Year Ended 2022 Results

Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the year ended December 31, 2022. Management commentary “Sprott’s positioning in precious metals and energy transition materials served our shareholders well in 2022, as Assets Under Management (“AUM”) grew to $23.4 billion, up $3 billion from December 31, 2021. Our asset growth …

Unless things change, first zettaflop systems will need nuclear power, AMD’s Su says

Of course the company that figured out chiplets says the answer is more chiplets Within the next 10 years, the world’s most powerful supercomputers won’t just simulate nuclear reactions, they may well run on them. That is, if we don’t take drastic steps to improve the efficiency of our compute architectures, AMD CEO Lisa Su …

Niger Appeals Court Overturns and Annuls Court Orders Against Somida

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12) announced that the Appeals Court in Tahoua, Niger overturned and annulled all issues raised against the Company’s Niger subsidiary, SOMIDA S.A. As the Dasa Project is of major importance to the economy of Niger, the Hearing was treated as a special case and …

Constellation’s Nuclear Fleet Outperformed as Fossil Plants in Nation’s Largest Grid Failed During Winter Storm Emergency

Largest nuclear operator calls for renewed focus on reliability measures after nearly a quarter of PJM generation goes offline, resulting in up to $2 billion in penalties for generators that failed to produce during Winter Storm Elliott Nuclear plants operated by Constellation (Nasdaq: CEG) performed at 100 percent capacity and proved instrumental in preventing rolling …