T.GLO Signs Letter of Intent With Western Utility for Uranium Supply

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to advise that it has received a Letter of Intent (“LOI”) from a second major western utility for the procurement of uranium from the Company’s Dasa Project in the Republic of Niger. HIGHLIGHTS The LOI represents the supply of up to 2.4 …

Ansaldo, Westinghouse Partner on Nuclear Plant Based on Lead-Cooled Fast Reactor Design

Westinghouse and Ansaldo Energia’s Switzerland-based nuclear arm, Ansaldo Nucleare, will cooperate in developing a nuclear power plant based on lead-cooled fast reactor (LFR) technology. The two companies, which have separately spearheaded the development of fast-reactor designs, said they will advance a common design “to maximize synergies, combine experience in design, testing and licensing, and align respective partner and …

U.UEC Intersects 68.7% eU3O8 over 2.1 meters at Newly Acquired Christie Lake Project in Eastern Athabasca Basin, Canada

UEC’s Newly Acquired Canadian High-Grade Pipeline: Christie Lake is one of 29 properties included in the portfolio from recently acquired UEX Corporation (UEX”) Amongst the Highest-Grade Drill Intersections of 2022: Latest drill results represent the highest-grade mineralized intersection ever encountered at the Christie Lake Project and amongst the sector’s best uranium results of the year, mineralization remains …

Revival of nuclear power puts uranium in spotlight on the commodity market

With the rising price of oil and natural gas this year and supplies being embargoed from Russia, talk of nuclear power has increased substantially. Today we look at the commodity powering nuclear plants – uranium. Background Uranium occurs naturally in low concentrations in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as …

Brookfield sees new dawn for nuclear

Westinghouse’s technology portfolio includes the AP1000 (Image: Westinghouse) There is no credible net-zero scenario in which nuclear does not grow its capacity from today, global asset management company Brookfield said in a newly released White Paper. The worldwide drive to net zero is shining a spotlight on nuclear as a clean, safe and mature source …

V.SYH Begins Trading on the OTCQX in the United States

Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Skyharbour has qualified to trade on the OTCQX® Best Market. Skyharbour upgraded to OTCQX from the OTCQB® Venture Market. Skyharbour begins trading today on OTCQX under the …

DOE Seeks Input on the Bipartisan Infrastructure Law’s Civil Nuclear Credit Program Round Two Funding

Public Feedback Will Inform Guidance for Applicants of Nuclear Facilities Projected to Close Due to Economic Circumstances The U.S. Department of Energy (DOE) today released draft guidance for the second award cycle of the $6 billion Civil Nuclear Credit (CNC) Program, authorized by the President’s Bipartisan Infrastructure Law to prevent the premature retirement of nuclear …