Author: John Dyer

V.SYH Secures Option to Acquire an Initial 51% and Up to 100% of the Russell Lake Uranium Project from Rio Tinto in the Athabasca Basin of Saskatchewan

By John Dyer   Posted in Equities
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 Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has entered into an Option Agreement with Rio Tinto Exploration Canada Inc. (“RTEC”), a wholly owned subsidiary of Rio Tinto Limited (“Rio Tinto”), to acquire up to 100% of the Russell Lake Uranium Project (the “Property” or “Project”), which comprises 26 claims covering …

T.EFR Secures Major Rare Earth Land Position in Brazil

By John Dyer   Posted in Equities
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Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to announce that it has entered into binding agreements (the “Purchase Agreements“) to acquire seventeen (17) mineral concessions (the “Transaction“) between the towns of Prado and Caravelas in the State of Bahia, Brazil totaling 15,089.71 hectares (approximately 37,300 acres or 58.3 square …

Transaction Increasing T.CCO Ownership Stake in Cigar Lake Closes

By John Dyer   Posted in Equities
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Cameco (TSX: CCO; NYSE: CCJ) announced that the acquisition of Idemitsu Canada Resources Ltd.’s (Idemitsu) 7.875% participating interest in the Cigar Lake Joint Venture by Cameco and Orano Canada Inc. (Orano) closed today. Cameco’s ownership stake in the Cigar Lake uranium mine in northern Saskatchewan now stands at 54.547%, 4.522 percentage points higher than it …

POLL: Strong local and statewide support for Diablo Canyon Nuclear Power Plant

By John Dyer   Posted in Existing Fleet Nuclear Attitude U
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Newly released polling shows strong local support for extending the operations of the Diablo Canyon Nuclear Power Plant, California’s largest source of carbon free energy generation. Statewide support for extending operations of the plant was also strong, according to the poll conducted by FM3 Research. Gov. Gavin Newsom recently announced his intent to explore options to continue operations at the Diablo Canyon …

Construction of Xudapu 4 under way

By John Dyer   Posted in Pending Reactors U
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Construction of unit 4 at the Xudapu nuclear power plant in China’s Liaoning province has officially got under way with the pouring of first concrete for the reactor’s nuclear island. The unit is the second of two VVER-1200 reactors at the site to be supplied by Russia. In June 2018, Russia and China signed four …

UK reprocessing plant to end operations

By John Dyer   Posted in Reprocessing U
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The Magnox reprocessing plant at Sellafield will end its operations in July, marking the completion of the UK Nuclear Decommissioning Authority’s (NDA) Magnox Operating Programme.   The plant, which began operations in 1964, had been scheduled to close in 2020 but disruption caused by the COVID-19 pandemic meant the schedule was moved back. The plant …

Korean conglomerate to cooperate with TerraPower

By John Dyer   Posted in Nuclear Attitude Nuclear Technology U
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South Korea’s SK Group has signed a Memorandum of Understanding (MoU) with TerraPower of the USA to jointly develop “next-generational technologies” needed for small modular reactors (SMRs). The MoU was signed on 17 May in Seoul by SK Inc Vice Chairman Jang Dong-hyun, SK Innovation Vice Chairman Kim Jun and TerraPower CEO Chris Levesque. SK said …

Duke Energy proposes new solar, wind and nuclear, but environmentalists decry reliance on gas

By John Dyer   Posted in Nuclear Attitude U
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Dive Brief: Duke Energy has identified two potential pathways, including four final portfolios, that would enable the 70% carbon reduction required by state law in North Carolina by 2030. Each of the plans would see all coal power plants retired by 2035, add 3,700-5,900 MW in new renewable energy resources, and lay the groundwork for the eventual dispatch of …

Manchin Calls For Stronger U.S.-Canada Energy And Mineral Partnership To Ensure Free World’s Energy Security And Address Climate Change

By John Dyer   Posted in Nuclear Attitude U
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Manchin: It’s imperative that America increases responsible energy production to contribute to a strong North American Energy Alliance Today, U.S. Senator Joe Manchin (D-WV), Chairman of the Senate Energy and Natural Resources Committee, delivered the following remarks during a full committee hearing to examine ways to strengthen the energy and mineral partnership between the U.S. …