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 …
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 …
Once operational, Unit 4 will enable the plant to generate 25 per cent of the UAE’s electricity needs for the next 60 years The last of four nuclear reactors of the UAE’s Barakah power plant has been completed — with fuel assemblies now loaded into Unit 4, the Emirates Nuclear Energy Corporation (Enec) announced on …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that partner company, North Shore Uranium (“North Shore”) has provided an update on the exploration activities at the 55,699 hectare Falcon Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan. North Shore has identified a number of …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO; OTC:QX:GLATF; FRANKFURT: G12) is pleased to announce a non-brokered private placement (the “Investment”) of 6,000,000 units of the Company (“Units”) at a price of C$2.50 per Unit for aggregate gross proceeds of C$15 million dollars. The Company has entered into a binding subscription agreement with …
Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the appointment of Ms. Elizabeth Sidle to the position of Chief Financial Officer, in addition to her current position as Vice President Finance, and the addition of Mr. Geoff Smith to the position of Vice President Corporate Development & Commercial. View PDF version David Cates, Denison’s …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the “Company” or “Purepoint“) today approved the issuance of a total of 10,500,000 options to its Board of Directors, management and certain staff members pursuant to the Company’s Omnibus Equity Incentive Compensation Plan. The options are exercisable at a price of $0.055 per common share and expire on …
As Russian troops poured into Ukraine at the start of Vladimir Putin’s invasion in February last year, alarm was rising at a flagship Kremlin nuclear project in neighboring Belarus, just a short distance from the European Union’s border. Engineers at Rosatom Corp. preparing a new 1,200-megawatt reactor, which was not yet connected to the power grid, to generate …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement”) financing for total gross proceeds of CAD $6,370,000. The Private Placement was subscribed for by several strategic institutional investors. The funds will be used for various exploration programs in 2024 including multiple drill programs throughout the …
The price of uranium reached the highest level for almost 17 years on Friday, driven by constrained supply and accelerating demand, against a backdrop of renewed interest in nuclear power. The benchmark contract for uranium oxide which, once enriched, is used as nuclear fuel, rose to $85.75 a pound (around 450 grams) for the first …
