U.S. firm Westinghouse Electric Co will build Poland’s first nuclear power plant, Prime Minister Mateusz Morawiecki said on Friday, confirming a long-awaited decision aiming to reduce the country’s carbon emissions and phase out coal. With Russia waging war in neighbouring Ukraine, Poland’s choice of a partner from the United States underlines the emphasis Warsaw places …
Cameco announces third quarter results, benefiting from execution of strategy; continued contracting success with 77 million pounds uranium year-to-date: 50 million previously announced and advancing another 27 million Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2022 in accordance with International Financial Reporting Standards …
Minister of Energy Virgil Popescu says Canada and the USA are both offering to help with the financing of the construction of Cernavoda 3 and 4 and said the US firms Fluor Corporation and Sargent & Lundy, Canada’s SNC Lavalin and France’s Framatome had agreed to “explore opportunities for cooperation in the civil nuclear field” …
Steam rises from cooling towers of the Electricite de France (EDF) nuclear power plant in Belleville-sur-Loire, France October 12, 2021. REUTERS/Benoit Tessier/File Photo EDF expects to finish repair works at four more of its reactors by the end of this year, the head of the company’s nuclear fleet said on Thursday. He said works to …
The Board of Directors of EDF S.A. (“EDF” or the “Company”) held a meeting on 27 October 2022 to issue, in accordance with applicable regulations, its reasoned opinion on the draft simplified public tender offer (the “Offer”) initiated by the French State for the shares of the Company and the bonds convertible into new shares and/or …
In its third quarter 2022 earnings call presentation, Southern Company reduced its “Total project capital cost forecast” for Vogtle Units 3 and 4 to $10.383 billion from $10.453 billion, which is what it had reported in the company’s second quarter 2022 earnings call presentation. The company’s cost estimate reduction doesn’t mean that total project costs …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce a significant regulatory milestone for the Company’s 95% owned Wheeler River project (“Wheeler River”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“MOE”) and the Canadian Nuclear Safety Commission (“CNSC”). The EIS submission outlines the Company’s assessment of the potential effects, including applicable …
The United States is working on supplying its own uranium for existing and advanced nuclear reactors that could become commercial in the future to reduce dependency on Russia for the fuel, Jennifer Granholm, the U.S. energy secretary told reporters on Wednesday. The United States relies on Russia and its allies Kazakhstan and Uzbekistan for roughly …
Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) announces that the Company intends to apply to the TSX Venture Exchange (the “Exchange”) to extend the expiry date of a total of 35,838,000 outstanding common share purchase warrants (“Warrants”) issued by the Company in connection with a private placement of flow-through units and common …
In the last six months, many governments have proclaimed support for nuclear energy and industrial companies have announced partnerships with nuclear developers to meet their decarbonization commitments—but the most exciting evolution, arguably, involves nuclear’s relationship with three letters: E-S-G. Environmental, Social, and Governance (ESG) refers to the increasingly relevant non-financial criteria used by financiers when screening …
