Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the approval of the 2024 exploration program for the Smart Lake JV Project that is jointly owned by Cameco Corporation (73%) and Purepoint (27%). The Smart Lake Project is located approximately 18 km west-northwest of the Hook Lake Project and 60 km south-southwest of …
Futures for yellowcake rose about $80.25 a ton on Monday Renewed demand alongside disrupted mines drives long rally Uranium prices topped $80 a pound for the first time in more than fifteen years on renewed demand for nuclear power and disrupted supplies. Nymex futures tracking physical-market contracts for a raw form of uranium known as yellowcake …
Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has updated its at-the-market equity program (the “ATM Program”) to issue …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the approval of the exploration program for the Hook Lake Project for the upcoming winter season. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and drilling is scheduled to commence in January 2024. …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the “Company” or “Purepoint“) today announced that it has entered into an option agreement (the “Option Agreement“) with a wholly-owned subsidiary of Foran Mining Corporation (TSX: FOM) (“Foran”) pursuant to which Purepoint granted options to Foran to acquire up to 100% interest in Purepoint’s Denare West Project located …
A ceremony has been held to mark the beginning of the installation – ahead of schedule – of the core catcher in the second unit at Egypt’s El Dabaa nuclear power plant. The installation of the core catcher – or melt trap – was one of the construction targets for 2024 so its installation is …
The pressurised water reactor was synchronised to the South African energy grid on 18 November after nearly a year offline for the replacement of the plant’s three original steam generators, a prerequisite for the long-term operation of the plant. Completion of the longest outage in the plant’s history is a “huge milestone” in its generational …
Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust” or “SPUT”), a closed-ended trust created to invest and hold substantially all of its assets in physical uranium, today announced that the Trust has updated its at-the-market equity program (the “ATM Program”) to issue up …
Sprott Asset Management LP (“Sprott Asset Management”), on behalf of the Sprott Physical Uranium Trust (TSX: U.UN and U.U) (OTC: SRUUF) (“SPUT”) today announced that SPUT’s net asset value (“NAV”) has surpassed US$5.0 billion. “We would like to thank our unitholders for their trust and support in helping the Sprott Physical Uranium Trust reach this …
Korea Electric Power Corp. CEO Kim Dong-cheol, sixth from left, poses with field workers at Barakah Nuclear Energy Plant in Abu Dhabi, the United Arab Emirates, Thursday (local time). Courtesy of Korea Electric Power Corp. Company chief inspects Barakah Nuclear Energy Plant Korea Electric Power Corp. (KEPCO) CEO Kim Dong-cheol visited the Barakah Nuclear Energy …
