A major Japanese steel-maker is calling for a quicker restart of nuclear reactors that were idled after the Fukushima disaster more than a decade ago as it grapples with soaring energy costs. Tokyo Steel Manufacturing Co., Japan’s biggest producer of steel made from scrap, said more nuclear power generation was essential to revive the competitiveness …
Russia’s invasion of Ukraine on 24 February 2022 shook the world to its core. Unsurprisingly, the vast majority of states didn’t hesitate to publicly condemn Russia’s unilateral aggression and express solidarity with Ukraine. Japan was no exception. Tokyo has joined the international response to Putin’s aggression by imposing sanctions on Russia on an unprecedented scale. The impact …
Nuclear power critics say the legislation could amount to a blank check for private companies researching nuclear reactor technology, while supporters say it would create jobs and bring in federal contracts. Three years ago, Ohio lawmakers attempted to bail out the state’s aging nuclear power plants with a law to make utility customers pay more …
On April 26, the Japan Business Federation (Keidanren) released a proposal toward the achievement of carbon neutrality by 2050. Based on the concepts of creating a virtuous economic and environmental cycle and fundamentally reforming society and the economy as a whole—a “Green Transformation” (GX)—it points to four key aspects: innovation, transition (a smooth shift to …
Cameco (TSX: CCO; NYSE: CCJ) has announced the election of nine board members at its annual meeting held on May 10, 2022. Shareholders elected board members Leontine Atkins, Ian Bruce, Daniel Camus, Donald Deranger, Catherine Gignac, Tim Gitzel, Jim Gowans, Kathryn Jackson and Don Kayne. Voting Results for Cameco Directors Nominee Votes For % Votes For …
Dasa Uranium Project Fully Permitted and On Schedule for Development and Financing Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the three months ended March 31, 2022. HIGHLIGHTS Dasa Uranium Project In Q4 2021, the Company began a 15,000-meter drill …
Cameco (TSX: CCO; NYSE: CCJ) and Orano Canada Inc. (Orano) have reached agreement with Idemitsu Canada Resources Ltd. (Idemitsu) to acquire Idemitsu’s 7.875% participating interest in the Cigar Lake Joint Venture. Upon closing, Cameco’s ownership stake in the Cigar Lake uranium mine in northern Saskatchewan will increase by 4.522 percentage points to 54.547%, while Orano’s share …
Phase 2 of the public hearing for NB Power’s licence renewal application for the Point Lepreau Nuclear Generating Station got underway Tuesday in Saint John. NB Power continued to plead its case to the Canadian Nuclear Safety Commission (CNSC) for a first-in-Canada 25-year renewal that would see operations continue into 2047. Representatives for the corporation said this timeframe would …
A boat passes the nuclear plant on Three Mile Island as seen from Goldsboro, Pennsylvania, with the operational plant run by Exelon Generation, across the Susquehanna river in Middletown, Pennsylvania on March 26, 2019. Industry supporters want nuclear treated like wind, solar Opponents see mining, waste, safety as climate liability Nuclear power’s zero-emissions profile is …
“Sprott continued to deliver outstanding financial results in the first quarter of 2022, as Assets Under Management (“AUM”) increased to $23.7 billion, up $3.2 billion (16%) from December 31, 2021. Net income was $6.5 million ($0.26 per share), up $3.3 million ($0.13 per share) from the quarter ended March 31, 2021. Adjusted base EBITDA was …