Japan’s industry ministry began a review of the country’s basic energy plan on Wednesday, at a time when power-hungry data centers are increasing in line with the spread of artificial intelligence. The basic energy plan sets the direction of the country’s medium- to long-term energy policy and is updated once in three years. The review …
Tim Gitzel in Washington ahead of a ban on Russian uranium coming into force Tim Gitzel has been spending a lot of time in the United States lately. The chief executive of Saskatoon-based Cameco was recently in Washington, D.C., where he met with lawmakers to talk about a number of issues. Article content Among the …
Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has closed its previously announced offering (the “Offering“) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs“), at a price of C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on April 29, …
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 …
