Sprott Inc. (“Sprott”) (NYSE/TSX: SII) and Sprott Funds Trust jointly announced today that Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott, has completed the acquisition of certain assets relating to managing the North Shore Global Uranium Mining ETF (“URNM”), to which Exchange Traded Concepts, LLC acted as the investment adviser. Sprott …
This milestone signifies the beginning of NuScale Power Module™ manufacture, a critical next step in the deployment of NuScale’s clean energy technology NuScale Power LLC (“NuScale”) and Doosan Enerbility Co., Ltd. (“Doosan”) announced through a signed agreement that Doosan will begin production of forging materials for NuScale’s Small Modular Reactors (SMRs) as early as 2022, …
Slovakia currently imports uranium from Russia’s TVEL company – a subsidiary of state-owned giant Rosatom – which is the biggest fuel supplier for VVER-440 type reactors. Uranium mining in the country’s east could be a solution to cutting dependency on Russia’s nuclear fuel supplies, Economy Minister Richard Sulík has said. Slovakia currently imports uranium from …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to provide an update on winter 2022 exploration activities on the 100% owned Larocque East, Geiger, Hawk and Ranger projects in the eastern Athabasca Basin (Figure 1). Larocque East hosts the Hurricane Zone (“Hurricane” or the “Project”), a high-grade uranium discovery located in …
An overnight capital cost of USD2900 per kilowatt for the next AP1000 series in the USA is achievable, according to an independent assessment by the Massachusetts Institute of Technology’s Center for Advanced Nuclear Energy Systems. The report considers the cost in the context of the experience realised at the Vogtle site in Georgia, where two …
The construction of two new reactors at each of the Sanmen, Haiyang and Lufeng nuclear power plant sites in China has been approved by the country’s State Council. The approvals are for Sanmen units 3 and 4, Haiyang 3 and 4 and units 5 and 6 of the Lufeng plant. At a 20 April executive …
Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”), is pleased to announce it has commenced its spring 2022 diamond drilling program at the Mann Lake uranium project in Saskatchewan’s prolific Athabasca Basin. The Mann Lake project is located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit …
Filter separators at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Jan. 28, 2021. Efforts to move away from Russian oil and gas have added momentum to a push for alternative energy sources including nuclear. The world’s transition away from fossil energy has …
The new nuclear plant in Argentina will be a 35-hectare site located in the same complex as Atucha I, pictured, and Atucha II, in Zárate, about 100 km north of Buenos Aires (Image: Nucleoeléctrica) José Luis Antúnez, president of Nucleoeléctrica, talks of the next steps for the industry, and the construction of a new plant …
Uranium Energy Corp (NYSE: UEC) (the “Company” or “UEC”) is pleased to report that it has now secured an additional 400,000 pounds of U.S. warehoused uranium, expanding its physical uranium program to 5 million pounds U3O8, with delivery dates out to December 2025 at a volume weighted average price of ~$38 per pound. UEC’s physical uranium program represents an …
