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 …
France’s nuclear regulator has authorised the commissioning of the Flamanville EPR reactor, which has a summer 2024 target for connection to the grid. The authorisation from the Autorité de Sûreté Nucléaire (ASN) means EDF can now load nuclear fuel into the reactor and carry out start-up tests and then operation of the reactor. The decision follows a …
Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2024. Management commentary “Sprott’s AUM once again reached record highs during the quarter, driven by stronger gold and silver prices late in the period, offset somewhat by what we view as short-term weakness in uranium and …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into a binding term sheet with MMCap International Inc. SPC (“MMCap”) for the purchase (the “Purchase”) of 2,702,410 pounds natural uranium concentrate (“U3O8“) for an aggregate purchase price of US$250 million based on the five day average UxC spot price. In satisfaction …
The public and political perception of nuclear energy has significantly improved over the past few years, speakers agreed in a panel session during the recent World Energy Congress 2024. “The fact that we’re having this panel here at WEC is really a testament to the growing interest in nuclear,” session moderator John Gorman, president and CEO …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) (“GoviEx” or “Company“) is pleased to report a recent visit to the Madaouela uranium project (the “Madaouela Project” or “Project”) by Niger’s Mines Minister, Commissaire Colonel Ousmane Abarchi, accompanied by distinguished local leaders, including the Governor of the Agadez Region and local community officials, as well as GoviEx’s employees. …
IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to announce that it has commenced its 2024 exploration program in Utah, focusing on four projects: the Tony M Mine, the Rim Mine, the Daneros Mine and the Sage Plain project. Situated within the Colorado Plateau, the mines benefit from underground past-production, and are …
