Nuclear Power on the Upswing, Numerous Projects Take Shape Around the World

1. The inner containment is one of the main components of the nuclear power plant safety system. It not only protects the reactor compartment, but also supports the polar crane used to service the nuclear reactor. Courtesy: ROSATOM The International Energy Agency (IEA) says momentum is building for nuclear power in many countries amid soaring …

U.U Provides Update on T.UEX holdings

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to provide an update on its holdings of common shares of UEX Corporation (“UEX”).  The Company has acquired 6,844,000 UEX common shares through the facilities of the TSX at an average cost of C$0.3601 per UEX common share.  When added to the 11,627,907 …

V.GXU Uranium Releases Update on the Mutanga Drilling Program and Madaouela’s Feasibility Study

Mr. Govind Friedland reports: Good progress achieved on Mutanga’s infill drilling program with positive results so far Madaouela Feasibility to be completed in Q3 to allow additional optimization and trade-offs Vancouver, British Columbia–(Newsfile Corp. – June 30, 2022) – GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) is pleased to announce an update on its drilling program at …

V.PTU announces adoption of Omnibus Incentive Plan

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce that its proposed adoption of a new omnibus equity incentive compensation plan (the “Omnibus Plan”) was approved by the Company’s shareholders at its annual and special meeting of shareholders held on June 29, 2022 (the “Meeting”). The Omnibus Plan replaced the …

CNNC Sanmen nuclear power plant starts construction on second phase project

The first concrete was poured for unit 3 of the Sanmen nuclear power plant on June 28 in East China’s Zhejiang province, marking the start of the plant’s second phase project. The China National Nuclear Power under the China National Nuclear Corporation (CNNC) has built and put into operation 11 nuclear power units at the Qinshan and Sanmen plants. The …

V.ISO to Settle Portion of Interest Payment in Shares

IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) has agreed to settle a portion of the interest payment due to Queen’s Road Capital Investment Ltd. (“QRC”) (TSXV: QRC) as at June 30, 2022 in Common Shares. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company (the “Debenture”), …

Power Unit 2 of the Rooppur NPP witnesses the inner containment dome installation completed

Inner containment dome metal structures were installed in the reactor building of Power Unit 2 at the Rooppur NPP construction site in the People’s Republic of Bangladesh (the NPP’s General Designer and General Contractor is the ROSATOM’s Engineering Division). The upper portion of the dome weighing 194 tonnes and being 35.7 m in diameter was …

V.PTU Initiates Program at 100% Owned Carson Lake Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced the commencement of an airborne gravity/magnetic survey over their 100% owned Carson Lake Uranium Project which lies on the north-eastern edge of the Athabasca Basin, Saskatchewan Canada. The Carson Lake project covers the northeast extension of a major conductive trend that is also present …