NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announces that the Canadian Nuclear Safety Commission (“CNSC”) has proposed the Commission Hearing dates for NexGen’s 100% owned Rook I Project (the “Project”) to be conducted on November 19, 2025 and February 9 to 13, 2026. NexGen commenced the regulatory Environmental Assessment (“EA”) process for the Project …
Market Uncertainty: The uranium market is currently experiencing significant uncertainty due to frequent changes in Trump’s U.S. tariff policies and rising geopolitical tensions. Tariff Impact: The Trump administration’s tariffs on imports from Canada, Mexico and China have created a complex and unpredictable environment for utilities and investors. Investment Opportunity: At ~$65 per pound, uranium’s current spot …
U.S. Energy Secretary Chris Wright said on Monday he was planning to work with Congress on cancelling previously mandated sales from the Strategic Petroleum Reserve as one way to address low stockpiles. Congress has mandated some 100 million barrels in sales from the reserve, the world’s largest emergency stockpile of crude oil, with a 7 …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “the Company”) is pleased to announce the filing of a Feasibility Study (“FS”) for its Muntanga Uranium Project (“Muntanga” or “the Project”) in Zambia. The FS, prepared in accordance with National Instrument 43-101 (“NI 43-101”), represents a significant milestone in the advancement of Muntanga as one …
Orano and Energoatom, the Ukrainian national nuclear operator, have today announced the signature of a major long-term commercial agreement for the supply of enrichment services through to 2040 by Petro Kotin, Acting Chief Executive Officer of Energoatom, and Nicolas Maes, Chief Executive Officer of Orano, during an official ceremony in the presence of Chairman of …
Nuclear power plants in the US get a lot of uranium from Canada and prices could rise with tariffs. President Donald Trump’s tariff threats could raise the price of uranium used to fuel US nuclear reactors, which could have ripple effects on a tenuous nuclear renaissance spurred by the growth of energy-hungry data centers. The …
In one of his first public appearances since the start of the on and off tariff war between Canada and the United States, Saskatchewan Premier Scott Moe pointed out that when it comes to things like potash and uranium, the province has cards to play. He was asked, should tariffs continue if potash and uranium …
The U.S. Dept. of Energy found no significant impacts in its final environmental review of infrastructure planned to support the estimated $4-billion next generation nuclear energy plant proposed by developer TerraPower at the site of a retired coal-fired power plant in Wyoming. TerraPower’s Natrium plant is a proposed 345-MW sodium-cooled fast nuclear unit with a …
Memorandums of Understanding Support Deployment of AP1000® and AP300™ Technologies in Canada and Globally Westinghouse Electric Company today announced the signing of memorandums of understanding (MoUs) with six Canadian suppliers in Saskatchewan to support nuclear new build projects in Canada and around the world. These agreements are a direct result of Westinghouse’s Saskatchewan Supplier Symposium, which …
Global growth in final electricity demand by use in the International Energy Agency’s (IEA’s) Stated Policies Scenario, 2023–2030. Courtesy: IEA, 2024 Next week, the world’s most influential energy conference, CERAWeek, will see more than 10,000 delegates assemble to hear from the industry’s leaders about the future of energy. The conference has traditionally been dominated by …