Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC“) announces that it has received a notice from UEX Corporation (“UEX“) that Denison Mines Corp. (“Denison“) has made an acquisition proposal for all of the issued and outstanding shares of UEX (the “Denison Proposal“) pursuant to a plan of arrangement. UEX has further advised UEC …
Cameco announces second quarter results, continued disciplined execution of strategy; well-positioned as multi-asset nuclear fuel supplier across the fuel cycle today reported its consolidated financial and operating results for the second quarter ended June 30, 2022 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the very deliberate execution of our strategy of …
Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), announces it is engaged in pre-project design and engineering work with the Third Qinshan Nuclear Power Company Limited (TQNPC), operator of the Qinshan Phase III Nuclear Generating Station located outside of Shanghai, China. This mandate will be carried out over two phases and will …
Located in South Texas, Burke Hollow’s initial Production Area Authorization 1 (“PAA-1”) is the newest and largest In-Situ Recovery (“ISR”) wellfield being developed in the United States. Completing installation of the 106 monitor wells for PAA-1 marks a significant milestone achievement towards ISR uranium production at the Burke Hollow project (the “Project”). This is a significant development …
A defense contractor that supplied components for the earliest nuclear submarines will be tapping its military expertise to enter the race to build the next generation of nuclear reactors. BWX Technologies Inc. expects to complete a working prototype of a small, advanced reactor under a $300-million contract with the US Department of Defense. Providing power …
Today, more than 40 global participants announced the formation of the Nuclear Hydrogen Initiative (NHI), a coalition working to advance nuclear hydrogen as a critical climate solution. The initiative will engage policymakers, businesses, investors, and other key stakeholders to raise awareness of the important role nuclear hydrogen can play in delivering carbon-free, secure and affordable energy. NHI will …
A looming energy crisis has rekindled debate in Germany about the wisdom of shutting down the country’s last three nuclear power plants, with even members of the ruling coalition saying an extension is no longer taboo. The German government on Monday said it would await the outcome of a new “stress test” of the national …
In just 30 years China has grown from a nuclear beginner to a nuclear powerhouse and there’s plenty of scope left for more. Where next for the ‘Nuclear Dragon’? To any casual observer of the nuclear industry today, it is abundantly clear that China holds a central role in the expansion of nuclear energy. Indeed, …
Following a year-long process, X-energy has selected Zachry Group and the combined team of Burns & McDonnell and Day & Zimmermann as constructors to collaborate and work with the company on the next phases of design and deployment of its Xe-100 advanced reactor fleet in the USA. The Xe-100 is a high-temperature gas-cooled reactor, being …
Philippine president Ferdinand Marcos Jr delivers his first State of the Nation address at the House of Representatives on July 25, 2022. (Photo by JAM STA ROSA / POOL / AFP) President Ferdinand Marcos Jr. believes this is the right time to reexamine the country’s approach and policy toward using nuclear energy, noting that with …
