T.URE Releases 2022 Q1 Results

Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the “Company” or “Ur-Energy”) has filed the Company’s Form 10-Q for the quarter ended March 31, 2022, with the U.S. Securities and Exchange Commission at www.sec.gov/edgar.shtml and with Canadian securities authorities at www.sedar.com. Ur-Energy CEO, John Cash said, “The first quarter of 2022 has been an exciting time for our industry with the long-term and …

Hinkley Point B nuclear plant could be spared imminent closure

Nuclear reactors A and B at Hinkley Point in south-west England; the latter is currently due to go out of service this summer. Photograph: Toby Melville/Reuters Energy secretary Kwasi Kwarteng believed to be open to extension in response to leap in gas prices and energy security concerns Nuclear power advocates believe the energy secretary, Kwasi Kwarteng, is …

Kudankulam Nuclear Power Project Unit-3 reaches significant milestone

A policeman walks on a beach near Kudankulam nuclear power project (photo: Reuters) The 200 mm thick cylindrical vessel with in-built safety systems would house fuel assemblies, the control rods and a host of other mechanisms, an official said. The Indo-Russian joint venture Kudankulam Nuclear Power Project in Tamil Nadu achieved a significant milestone as the Reactor …

Uranium Draws Investors as SEC Rejects U.UN

Commodities investors see uranium as a rising star, a material needed for nuclear power in a world moving away from fossil fuels. For the U.S. Securities and Exchange Commission, investing in it is another story. The SEC this week rejected an application by the Sprott Physical Uranium Trust to become the first such fund to …

Incoming govt of Seoul to up role of nuclear reactors for energy sourcing

Kim Gi-heung, deputy chief spokesperson of President-elect Yoon Suk-yeol’s transition committee [Photo by Lee Seung-hwan] South Korea’s incoming government will realign to energy mix to up sourcing from nuclear reactors and adjust supplies of renewables during energy instability, according to the Presidential Transition Committee. The new administration will remain committed to the country’s carbon neutrality …

California promised to close its last nuclear plant. Now Newsom is reconsidering

With the threat of power shortages looming and the climate crisis worsening, Gov. Gavin Newsom may attempt to delay the long-planned closure of California’s largest electricity source: the Diablo Canyon nuclear plant. Newsom told the L.A. Times editorial board Thursday that the state would seek out a share of $6 billion in federal funds meant …

V.GXU Ramps up Work at Mutanga Targeting a Feasibility Study

GoviEx’s Mutanga Project to follow closely behind its Flagship Madaouela Project in the project pipeline  Updates on Field Program, Dibwe East resource upgrade drilling, hydrogeological study, metallurgical test work verification and ESIA At recent prices, the Mutanga project shows a 34% IRR and US$189million NPV with projected production to exceed 2.5 million pounds per annum …

Arizona approves key environmental permit for uranium mine near Grand Canyon (T.EFR)

The Arizona Department of Environmental Quality issued an aquifer protection plan permit to Pinyon Plain Mine on Thursday, putting the mine’s operators a step closer to starting uranium extraction. The mine, about 10 miles south of the Grand Canyon’s South Rim in the Kaibab National Forest, is owned by Energy Fuels Resources, a company incorporated in Canada with corporate offices in …

Options for Wylfa after Boris Johnson says nuclear plant ‘is going to happen’

Prime minister Boris Johnson has thrown his support behind plans to build a nuclear power station at the Wylfa site on Anglesey – but it remains to be seen exactly what form the proposed power plant would take. During a council election campaign visit in north Wales on Monday, Johnson said he wanted to “get …