FILE PHOTO: European Union leaders summit in Brussels The Slovak government is considering building another nuclear power unit with capacity of up to 1.2 gigawatts (GW), and could reach a decision at a meeting on Wednesday, Prime Minister Robert Fico said on Monday. The decision would be a basis for concrete steps to prepare the …
This year marks the 60th anniversary of the establishment of diplomatic relations between China and France. Yu Jianfeng, chairman of China National Nuclear Corporation (CNNC), held in-depth talks with Chinese and French entrepreneurs about the green economy and low-carbon transition at the closing ceremony of the sixth meeting of the China-France Business Council on May …
Russian supplies of enriched uranium to be barred in 90 days Move could boost costs for US nuclear plants, risk retaliation President Joe Biden on Monday signed legislation banning the import of Russian enriched uranium, starting a 90-day countdown until limits on shipments of the reactor fuel take effect. Biden’s signature also unlocks some $2.7 …
NexGen Energy Ltd has said its newly announced strategic purchase of 2.7 million pounds U3O8 (1039 tU), together with a recent share placement, “will significantly assist the company in funding the anticipated capital needs to develop the Rook I Project” in Canada. Denison Mines Corp intends to use its physical uranium investment to support future …
Ontario Power Generation (OPG) expects nuclear construction work on its first small modular reactor (SMR) to begin in 2025, according to filings submitted to Canadian regulators. The provincial utility is planning to build a total of four SMRs at the Darlington nuclear site and would use GE Hitachi’s BWRX-300 reactor technology. The four units once deployed would produce a …
Cameco (TSX: CCO; NYSE: CCJ) has announced the election of eight board members at its annual meeting held on May 9, 2024. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Kathryn Jackson, Don Kayne, Dominique Minière and Leontine van Leeuwen-Atkins. The annual meeting also marked the retirement of Don Deranger and Jim …
Shares of NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) rose on Thursday as the uranium developer inked an agreement with MMCap International to buy 2.7 million lb. of uranium concentrate. The deal is valued at US$250 million based on the metal’s five-day average spot price. MMCap International is a Grand Cayman-based fund with US$546 million in assets under …
Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), spoke on the Senate Floor about his legislation to ban the import of Russian uranium. The legislation, which recently passed the Senate with unanimous support, now heads to the White House to become law. Reclaiming American nuclear energy is …
Billionaire Bill Gates plans to visit Kemmerer next month for the groundbreaking ceremony of TerraPower’s nuclear reactor project, the company’s president said Wednesday. Gates has spent more than $1 billion of his own money on the project so far. Billionaire Bill Gates, who is among the richest people in the world, plans to visit Kemmerer …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended March 31, 2024. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should …