Author: John Dyer

India and France in talks for financing mechanism and localization for Jaitapur Nuclear Project in Maharashtra

By John Dyer   Posted in Pending Reactors U
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India and France are making progress in discussions related to establishing a financing mechanism and a localization component for the 9,900 MWe Jaitapur nuclear power plant in Maharashtra’s Ratnagiri district India and France are making progress in discussions related to establishing a financing mechanism and a localization component for the 9,900 MWe Jaitapur nuclear power plant in …

T.GLO Clarifies Niger’s Suspension of New Mining Permits

By John Dyer   Posted in Equities
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Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is issuing this clarification notice to ease concerns raised by some of its shareholders about a recent announcement by the Mines Ministry in the Republic of Niger to suspend grants of new permits. The original notification by the Mines Ministry addresses …

Uranium producer Niger launches mining sector overhaul

By John Dyer   Posted in Supply U
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Niger temporarily suspended the granting of new mining licenses, the first step in an audit of its mining sector as it seeks to boost government revenue. The country will also take stock of existing mining licenses, according to a memo from the mining ministry seen by Bloomberg. Niger is among the world’s top producers of uranium. France’s Orano, Toronto-based Global Atomic and China …

Orano Canada and T.DML Announce JV Approval to Restart McClean Lake Mining Operations

By John Dyer   Posted in Equities
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Orano Canada Inc. (“Orano Canada”), and Denison Mines Corp. (“Denison”) (TSX: DML) (NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture (“MLJV”), are pleased to announce that the MLJV has approved a restart of uranium mining operations using the joint venture’s patented Surface Access Borehole Resource Extraction (“SABRE”) mining method. Orano Canada owns a 77.5% interest and is …

V.PTU Outlines 2024 Exploration Plans

By John Dyer   Posted in Equities
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Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today its exploration plans for 2024 with field programs at its two joint ventures and four of its 100% owned projects. All six projects reside in Canada’s Athabasca Basin, the world’s richest uranium district. “The recent news of production shortfalls out of Kazakhstan has highlighted …