Italy aims to finalise by the end of 2027 a plan allowing the use of nuclear power again after it was banned almost 40 years ago, Energy Minister Gilberto Pichetto Fratin said in an interview published on Thursday by Italian daily Il Sole 24 Ore. Prime Minister Giorgia Meloni’s right-wing government has said small modular …
Solid Project Economics After tax NPV8% of USD 243 million1 Internal rate of return (IRR) of 20.8% Operating costs of USD 32.2 /lb U3O8 LOM AISC (all-in sustaining costs) of USD 47.3 /lb U3O82 Significant leverage to higher uranium prices, with an additional USD 45 million added to NPV for every USD 5 /lb increase in …
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the commencement of their 2025 exploration program, supported by a $5,000,000 budget for the newly formed 50/50 joint venture (“Joint Venture”). The Joint Venture spans over 98,000 hectares and consolidates 10 high-valued uranium projects …
Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong, with tech giants such as Amazon.com and Microsoft in need of clean energy to fuel data centers for …
Belarus President Alexander Lukashenko is mulling the idea of building a second nuclear power plant (NPP) to improve the country’s energy security and earn more money from exports to Russia. Lukashenko is due to discuss the project with Russian President Vladimir Putin, according to a Telegram channel linked to the Belarusian leader’s press service. “In …
Sanction clauses will be included in contracts for the construction of Kazakhstan’s first nuclear power plant (NPP) with a capacity of 2.4 gigawatts (GW), according to the Ministry of Energy’s response to an inquiry from Kursiv.media. «As part of ongoing negotiations with companies bidding to construct the NPP in Kazakhstan, issues related to sanctions are …
Legislators are proposing to create a group dedicated to developing commercial nuclear energy in the state of Utah just months after Gov. Spencer Cox announced a plan to combat Utah’s “looming energy crisis.” State officials first publicly introduced the idea of building nuclear power plants in October, saying it would help satisfy Utah’s increasing energy demand …
Orano is lodging a second arbitration procedure vis à vis the State of Niger in order to assert its rights following the loss of operational control of SOMAÏR. The Group has filed its request for arbitration with the International Centre for Settlement of Investment Disputes (ICSID). This litigation is now Orano’s last possible recourse, after …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) is pleased to provide a brief update on the progress of its exploration activities across its portfolio of projects in Canada’s Athabasca Basin. The exploration update is intended to keep stakeholders informed of ongoing work and upcoming plans as we advance our strategic …
Huarabagoo continues to deliver broad, consistent mineralisation including: HB24DD011 – 5m @ 2,053 ppm (0.21%) U3O8 and 0.58 g/t Au from 34.5m, including 3.7m @2,751 ppm (0.28%) U3O8 and 0.81 g/t Au HB24DD013 – 12m @ 1,694 (0.17%) U3O8 from 44 m, including 5.0m @ 3,235 ppm (0.32%) U3O8 HB24DD014 – 17m @ 764 ppm (0.08%) U3O8 from 30m, including 9m @ 1,247 ppm (0.12%) U3O8 and 3m @ 5,286 ppm (0.53%) U3O8 and 0.62 g/t Au from 72m, HB24DD015 – 22m @ 871 ppm (0.09%) U3O8 from 27m, …
