V.GXU Completes Successful Drilling Campaign at Muntanga Project in Zambia

Mr. Govind Friedland reports: 15,835 m drilling program completed on Muntanga and Dibbwi East deposits Infill drilling designed to upgrade mineral resources from inferred into indicated Technical work on track to complete Feasibility Study and ESIA in 2024 with a goal to start uranium production within two years of securing financing GoviEx Uranium Inc. (TSXV: GXU) …

Russia, India sign Kudankulam agreements

Agreements linked to the construction of new reactors at the Kudankulam site in Tamil Nadu were signed during a five-day visit to Moscow by India’s Minister of External Affairs Subrahmanyam Jaishankar. The agreements on Kudankulam were signed during a 25 December meeting on bilateral economic cooperation between Jaishankar and Russia’s Deputy Prime Minister Denis Manturov. …

T.U.UN Announces Filing of New US$1.5 Billion Preliminary Base Shelf Prospectus and Results of Consideration of Structural Changes

Sprott Asset Management LP (“Sprott Asset Management” or the “Manager”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN and U.U) (the “Trust”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has filed a new US$1.5 billion preliminary base shelf prospectus …

Japan lifts operational ban on world’s biggest nuclear plant

 Japan’s nuclear power regulator on Wednesday lifted an operational ban imposed on Tokyo Electric Power’s (9501.T) Kashiwazaki-Kariwa nuclear power plant two years ago, allowing it to work towards gaining local permission to restart. Tepco has been eager to bring the world’s largest atomic power plant back online to slash operating costs, but a resumption still needs consent …

V.SYH Announces Additional Uranium Property Staking in the Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd. (TSX-V: SYH)   (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has acquired by staking two new prospective uranium exploration claims in northern Saskatchewan, increasing Skyharbour’s total land package that it has ownership interest in to 523,097 ha (1,292,600 acres) across 25 projects. These 100% owned claims add an additional 4,726 ha to Skyharbour’s existing holdings …

In Response to Surging Prices, Supportive Government Policies, and a Domestic Focus on Security of Supply, T.EFR Has Commenced Production at Three of its U.S. Uranium Mines

Nuclear energy is increasingly being recognized as a clean energy resource globally, while buyers seek non-Russian uranium supply; Energy Fuels is uniquely positioned to immediately increase uranium production through multiple assets in the U.S., including the only licensed and operating conventional uranium processing facility in the U.S. Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) …

Kazakh Uranium Exports Reach Record High in 2023

Kazakhstan has reported record-breaking exports of processed uranium in the first ten months of 2023. The total value of uranium sales abroad during this period surged to an impressive $2.46 billion, marking a substantial 33% increase compared to the same timeframe in the previous year, according to a Dec.19 post by First Credit Bureau Data …

Regulator accepts Diablo Canyon licence renewal application

Pacific Gas & Electric (PG&E) can operate the two-unit Diablo Canyon nuclear power plant in California beyond the expiry of their current licences (2024 and 2025, respectively) following the acceptance of PG&E’s licence renewal application by the US Nuclear Regulatory Commission (NRC). PG&E filed the application on 7 November, seeking to extend the plant’s operating …