War highlights uranium worry for the advanced nuclear industry

Ural Electrochemical Integrated Plant Director General Alexander Belousov stands next to gas centrifuges for uranium isotope separation in a separation workshop of the plant, in Novouralsk, about 40 miles northwest of Yekaterinburg, Russia. Advanced nuclear reactors like the one that TerraPower wants to build in Kemmerer require a type of enriched uranium that’s currently only …

IAEA Director General Statement on Situation in Ukraine

Ukraine informed the International Atomic Energy Agency (IAEA) today that Russian forces had taken control of the site of the country’s Zaporizhzhia Nuclear Power Plant (NPP), but that the nuclear power plant continued to be operated by its regular staff and there had been no release of radioactive material, Director General Rafael Mario Grossi said. …

V.ISO Appoints Graham du Preez as Chief Financial Officer

IsoEnergy Ltd. (“IsoEnergy”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce the appointment of Graham du Preez to the position of Chief Financial Officer. Mr. du Preez will be taking over the role from Ms. Janine Richardson who has resigned from the position. Tim Gabruch, Chief Executive Officer commented: “On behalf of the Board and …

T.DML Reports Strong Operational and Financial Results for 2021 Backed by Improving Uranium Market and $41.4 million gain on Physical Uranium Holdings

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Audited Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the year ended December 31, 2021. Both documents will be available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents …

Ukraine: No Radiation Danger After Russian Shelling Caused Europe’s Largest Nuclear Power Plant to Catch Fire

Europe’s largest atomic energy plant is now under Russia’s control, according to a statement by Ukraine’s nuclear power regulatory body. “Currently, the site of the Zaporizhzhia NPP is occupied by the military forces of the Russian Federation,” it said in a statement Friday. “The plant’s staff continues to work on power units, ensuring the stable operation …

Xcel Energy Considering Nuclear Operator Role at Idaho NuScale SMR Plant

By 2030, Xcel Energy projects that approximately 80% of its energy will come from carbon-free resources. It expects to be coal-free by 2034. Source: Xcel Energy, 10-K filing, Feb. 23, 2022. Xcel Energy is exploring a role as operator of the 462-MWe Carbon-Free Power Project (CFPP), potentially becoming a key member of the first-of-its-kind small modular …

Philippines approves revival of nuclear power to help replace coal

FILE PHOTO: The Bataan Nuclear Power Plant is seen during a media tour around the BNPP compound in Morong town, Bataan province, Philippines Philippine President Rodrigo Duterte has signed an executive order to include nuclear power in the country’s energy mix, as authorities prepare for the phasing out of coal-fired power plants and after earlier …

V.PTU Begins the 2022 Season Returning Over 33,000 CPS from Initial Drilling at Red Willow’s Osprey Zone

Purepoint Uranium Group Inc. (TSXV: PTU)(OTCQB: PTUUF) (“Purepoint” or the “Company”) is pleased to announce today, preliminary results from its current drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada.  Ongoing drilling is tracking and defining a uranium bearing hydrothermal system at the Osprey Zone highlighted by …