Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a potentially longer and more expensive process of hooking into a fraying electric grid that serves everyone else. It’s raising questions over whether diverting power to higher-paying customers …
Global Atomic Corporation (“Global Atomic” or the “Company“) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement (the “Offering“) from C$30,000,000 to C$36,000,000. Under the revised Offering, the Company will sell up to 45,000,000 units of the …
Thirty-year extension would create thousands of jobs and low-cost emissions-free power The Ontario government has approved Ontario Power Generation’s (OPG) plan to proceed with the Project Definition Phase, the next step toward refurbishing Pickering Nuclear Generating Station’s “B” units to secure more power and create thousands of jobs across the province. As part of the …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$30,000,000 from the sale of up to 37,500,000 units of the Company (each, a “Unit”) at a price of C$0.80 per Unit. Red Cloud Securities Inc. will be acting as …
Italy aims to finalise by the end of 2027 a plan allowing the use of nuclear power again after it was banned almost 40 years ago, Energy Minister Gilberto Pichetto Fratin said in an interview published on Thursday by Italian daily Il Sole 24 Ore. Prime Minister Giorgia Meloni’s right-wing government has said small modular …
Solid Project Economics After tax NPV8% of USD 243 million1 Internal rate of return (IRR) of 20.8% Operating costs of USD 32.2 /lb U3O8 LOM AISC (all-in sustaining costs) of USD 47.3 /lb U3O82 Significant leverage to higher uranium prices, with an additional USD 45 million added to NPV for every USD 5 /lb increase in …
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the commencement of their 2025 exploration program, supported by a $5,000,000 budget for the newly formed 50/50 joint venture (“Joint Venture”). The Joint Venture spans over 98,000 hectares and consolidates 10 high-valued uranium projects …
Santee Cooper, the big power provider in South Carolina, has tapped financial advisers to look for buyers that can restart construction on a pair of nuclear reactors that were mothballed years ago. The state-owned utility is betting interest will be strong, with tech giants such as Amazon.com and Microsoft in need of clean energy to fuel data centers for …
Belarus President Alexander Lukashenko is mulling the idea of building a second nuclear power plant (NPP) to improve the country’s energy security and earn more money from exports to Russia. Lukashenko is due to discuss the project with Russian President Vladimir Putin, according to a Telegram channel linked to the Belarusian leader’s press service. “In …
Sanction clauses will be included in contracts for the construction of Kazakhstan’s first nuclear power plant (NPP) with a capacity of 2.4 gigawatts (GW), according to the Ministry of Energy’s response to an inquiry from Kursiv.media. «As part of ongoing negotiations with companies bidding to construct the NPP in Kazakhstan, issues related to sanctions are …
