Centrus Energy Corp (NYSE American: LEU) announced today that it expects to begin first-of-a-kind production of High-Assay Low-Enriched Uranium (HALEU) in October 2023, approximately two months ahead of schedule, at the American Centrifuge Plant in Piketon, Ohio. “This will be the first new U.S.-owned uranium enrichment plant to begin production since 1954,” said Centrus President and CEO Daniel …
This news release constitutes a “designated news release” for the purposes of the Sprott Physical Uranium Trust’s prospectus supplement dated February 15, 2023 to its second amended and restated short form base shelf prospectus dated November 22, 2021. Sprott Asset Management LP (the “Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: …
Winter prices almost close the difference with German power Signals of improved energy security after volatile period A steep drop in French electricity prices is signaling increasing confidence that Europe’s biggest fleet of nuclear reactors will be able to operate reliably through the winter. French power for the first quarter of next year traded at …
Cameco (TSX: CCO; NYSE: CCJ) provided a market update today regarding challenges at the Cigar Lake mine and Key Lake mill that are expected to impact our 2023 production forecast. At the Cigar Lake mine, we now expect to produce up to 16.3 million pounds of uranium concentrate (U3O8) (100% basis) this year, a reduction from …
The dinosaur lay dead, sprawled in front of the Brandenburg Gate, with the words “Deutsche Atomkraft” – German nuclear power – emblazoned on the side of its stomach. Surrounded by fake nuclear waste barrels, the four metre long sculpture was placed in the centre of Berlin by Greenpeace to celebrate the end of nuclear power in …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) reports that Mac McDonald (CPA), the Company’s Chief Financial Officer, is on a temporary medical leave of absence. Elizabeth Sidle (CPA, CA), who currently serves as Denison’s Vice President Finance, has also been appointed Interim Chief Financial Officer. View PDF version About Denison Denison is a uranium exploration and …
FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce the expansion of its technical team as it continues to advance the PLS project, a proposed high-grade uranium mine and mill, in Saskatchewan, Canada . With deep expertise in all aspects of mine engineering, health and safety, and mineral processing, Fission has brought together one of the …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has entered into binding term sheets with Queen’s Road Capital Investment Ltd. (“QRC”) and Washington H Soul Pattinson and Company Limited (“WHSP”) for a private placement (the “Offering”) of US$110 million aggregate principal amount of unsecured convertible debentures (the “Debentures”). The Debentures will be convertible at …
China has 21 nuclear reactors under construction which will have a capacity for generating 21.61 gigawatts of electricity, according to the International Atomic Energy Agency. That is more than two and a half times more nuclear reactors under construction than any other country. China’s drive to build nuclear energy is twofold: It has a massive …
The reactor at the Kakrapar Atomic Power Project (KAPP) had started commercial operations on June 30 but was operating at 90 per cent of its capacity till now. India’s first indigenously developed 700 MW nuclear power plant in Gujarat’s Kakrapar has started operations at full capacity, Prime Minister Narendra Modi said on Thursday. The reactor …