Fleischmann Proposes $9 Billion Boost for Advanced Nuclear Energy Projects

The top DOE appropriator in the House seeks to accelerate two existing demonstration projects and the deployment of small modular reactors. The House Appropriations Committee passed legislation last week that would provide a $9 billion boost  to two existing nuclear reactor demonstration projects and the deployment of at least one small modular reactor, despite criticism from Democrats …

T.LAM Announces the Appointment of Vice-President for Operations and Strategic Planning, U.S. and Provides Update on Drilling Activity in Australia

Laramide Resources Ltd. (“Laramide” or the “Company”) (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF), a uranium mine development and exploration company with globally significant assets in the United States and Australia, is pleased to announce the appointment of Mr. Josh Leftwich as Vice-President for Operations and Strategic Planning, U.S.A. Mr. Leftwich’s substantive professional expertise will be instrumental in advancing Laramide’s U.S. uranium assets through development …

Paladin Energy aims to enter big three producers with T.FCU takeover

The Australian uranium producer’s output would be third globally, behind Kazatomprom and Cameco Corp. Paladin Energy Ltd.’s top boss says its takeover of Fission Uranium Corp. would make it the third-largest publicly traded uranium producer, offering investors an alternative in a sector dominated by two giants. Paladin would churn out 10 per cent of global uranium output after …

Construction starts on Xudabao 2

The first batch of concrete has been poured for the nuclear island of unit 2 at the Xudabao nuclear power plant in China’s Liaoning Province, marking the official start of construction of the unit. The construction of units 1 and 2 of the Xudabao (also known as Xudapu) plant was approved by China’s State Council …

T.GLO Announces the Credit Committee Meeting to Review the Dasa Funding Opportunity Has Been Postponed

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) reports that the presentation of the debt financing facility to the Credit Committee of a U.S. Development Bank has been postponed to August.  The Bank decided not to bring this project to the Credit Committee in July, citing a need to …

V.GXU Uranium Letter to Stakeholders

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company”) today provides a letter to stakeholders from the Executive Chairman, Govind Friedland. Dear Stakeholders, Nearly two weeks ago, our Company was informed by the Government of the Republic of Niger that it no longer has rights over the perimeter of the mining permit for our …

Experts estimate central Jordan holds 41,000 tons of Yellowcake uranium

Experts estimate that central Jordan holds approximately 41,000 tons of yellowcake uranium, according to Dr. Khaled Al-Khasawneh, Commissioner of Nuclear Power Reactors at the Jordan Atomic Energy Commission (JAEC). The announcement was made during a lecture organized by the Ministry of Energy and Mineral Resources in partnership with the JAEC. The session focused on the …

Russia Ahead in Bid to Build Turkey’s Next Nuclear Power Plant

Rosatom ‘ahead’ amid talks for new plant, Turkey minister says Ankara is also talking with China and US on nuclear projects Russia’s state-owned Rosatom Corp. is “ahead” in a bid to build Turkey’s second nuclear power plant, in the latest sign of Ankara’s growing energy ties with Moscow. Rosatom already has experience in Turkey’s nuclear sector, starting commissioning work …