Cameco reports Q2 results: 2024 outlook on track; strong operational performance; financial results reflect transition to tier-one economics; durable demand outlook driving long-term price increases; disciplined strategy capturing long-term value Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2024, in accordance with International Financial …
Fission Uranium Corp. (TSX: FCU) (OTCQX: FCUUF) (FSE: 2FU) (“Fission”) announced today that it has mailed and filed a management information circular and related materials (the “Meeting Materials“) for its special meeting (the “Meeting“) of shareholders and optionholders of Fission (collectively, “Securityholders“) to be held on August 26, 2024 in connection with the proposed acquisition of Fission by …
The Office for Nuclear Regulation (ONR), the Environment Agency and Natural Resources Wales (NRW) have announced today that they are progressing to the next step of their assessment of Rolls-Royce SMR Ltd’s 470 MWe Small Modular Reactor (SMR) design. The Generic Design Assessment (GDA) process allows the regulators to begin assessing the safety, security, safeguards …
The Navajo Nation planned Tuesday to test a tribal law that bans uranium from being transported on its land by ordering tribal police to stop trucks carrying the mineral and return to the mine where it was extracted in northern Arizona. But before tribal police could catch up with two semi-trucks on federal highways, they …
The head of French energy utility EDF used his presentation of the latest financial results last Friday (July 26) to update the company’s nuclear ambitions: a target of 70 months to build a reactor – or half the current construction time. EDF can take a breath: Its €54 billion debt shrank by €200 million since …
As the country races towards its target of generating 1,200 megawatts of nuclear energy by 2032, executives from Manila Electric Company (Meralco) raised the urgent need to diversify technology beyond micro modular reactors (MMRs) to hit its energy goals. Meralco executive vice president and chief operations officer Ronnie Aperocho said in a press briefing in …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that it has entered into a property purchase and sale agreement (the “Agreement”) with Cosa Resources Corp. (“Cosa”) dated July 26th, 2024, whereby Skyharbour will sell Cosa two (2) mineral claims, comprising approximately 6,049 hectares. These two claims represent a small portion of Skyharbour’s Karin …
Long-term uranium contract prices have hit over 16-year highs on supply uncertainty and higher demand from utilities scrambling to secure the radioactive fuel to aggressively expand their capacity to power mushrooming AI data centers. Term prices are now around $79 per pound, the highest since 2008, and estimated to rise further in coming months. “With …
Orano’s income has been affected by the situation in Niger, with logistical issues continuing to cause blockages to uranium sales. But the group has confirmed its financial outlook for 2024, targeting stable revenue and a positive net cash flow, and says it still wants to talk to the government about continuing the Imouraren project. “At …
Construction or upgrading began recently on several projects at nuclear plants in China, a significant development in the country’s nuclear power and clean energy landscape. Construction began on Sunday at a new unit of the Ningde Nuclear Power Plant in East China’s Fujian Province. The first concrete pour for the nuclear island of Unit 5 …
