Author: John Dyer

V.SYH’s Partner Company North Shore Energy Metals Announces Closing of Qualifying Transaction and Proceeds With Option

By John Dyer   Posted in Equities
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Skyharbour’s Partner Company North Shore Energy Metals Announces Closing of Qualifying Transaction and Proceeds With Option Skyharbour Resources Ltd. (TSX-V: SYH)(OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that partner company, North Shore Energy Metals Ltd. (“North Shore”), has completed its Qualifying Transaction with North Shore Uranium Ltd. (formerly Clover Leaf …

Hedge Funds Pile Into Uranium Stocks Set for ‘Dramatic’ Rise

By John Dyer   Posted in Nuclear Attitude U
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Several hedge fund managers have started ratcheting up their exposure to uranium stocks, as they bet on significant price gains. Terra Capital’s Matthew Langsford, Segra Capital’s Arthur Hyde, Argonaut Capital Partners’ Barry Norris and Anaconda Invest’s Renaud Saleur are among managers building bets on uranium companies such as Cameco Corp., Energy Fuels Inc., Ur-Energy Inc. …

T.CCO Marks Uranium Supply Agreement with China Nuclear International Corporation

By John Dyer   Posted in Equities
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Cameco (TSX: CCO; NYSE: CCJ) has signed a uranium supply agreement with China Nuclear International Corporation, a subsidiary of China National Nuclear Corporation (CNNC), one of the country’s largest nuclear power operators. The contract, finalized earlier this year, was marked as part of the 2023 International Forum on Natural Uranium Industry taking place in Beijing. “China …

Repair work under way at Krško nuclear power plant

By John Dyer   Posted in Existing Fleet U
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The Krško nuclear power plant was shut down in early October after the discovery of a leak in the primary circuit connection system pipeline. Operator Nuklearna elektrarna Krško (NEK) says that following further investigation and analysis, a decision has been taken replace the complete pipeline segment from the reactor vessel to the first valve. The …

White House backs HALEU enrichment with a request for $2.2 billion

By John Dyer   Posted in Demand Supply U
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Just a few hours after a new Speaker of the House of Representatives was elected on October 25, the White House sent a list of funding priorities for “critical domestic needs” to Congress for consideration as legislators restart the stalled annual appropriations process. Those priorities include $2.2 billion for low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment capabilities. And to ensure that investment in domestic HALEU enrichment pays off, the White House is also calling for a long-term ban on enriched uranium from Russia. If you build it, the money will come? The Department of Energy …

V.PTU Provides Update on Exploration Activities

By John Dyer   Posted in Equities
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Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today provided an update on its current exploration activities and plans for the coming winter season. As the price of uranium continues to rise, Purepoint is placing considerable emphasis on ensuring that it will be able to maximize the 2024 exploration drilling across its considerable portfolio …

Bulgaria to begin work on two reactors at Kozloduy nuclear site

By John Dyer   Posted in Pending Reactors U
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Bulgaria has taken the first steps towards the construction of two additional reactors at its Kozloduy nuclear power plant, which will add combined capacity of 2,300 megawatts (MW), Prime Minister Nikolay Denkov said on Wednesday. The energy ministry will begin selection of a contractor for the design, construction and commissioning of the seventh new power …