Uranium veteran expects price stalemate to crack in 2019

(Reuters) – Uranium producers’ deliberate cuts to production should finally begin to prop up prices next year as reserves of the rare metal dwindle and nuclear power generators rush to lock-in long-term contracts, according to sector veteran John Borshoff. Shares in uranium producers briefly rose late last year after the world’s biggest listed producer Cameco …

‘There has never been a bigger disconnect between price and value’ – VRIC 2018

VANCOUVER (miningweekly.com) – “The disconnect between price and value is as stunning as I’ve ever seen,” founder of The Stock Catalyst Report Michael Alkin told attendees at the Vancouver Resource Investment Conference (VRIC) on Sunday. Industry participants seemed to agree. “If you’re on the fence on getting into uranium… Do you want it for free? The value proposition is so compelling …

Japan’s nuclear fuel cycle policy suffers another setback

Completion of key facility delayed yet again amid charges of sloppy management TOKYO/AOMORI — Japan’s central government is finding itself in a bind over its long-standing nuclear fuel cycle policy, due to repeated delays in the completion of a key facility, two and a half decades after construction work began. The policy suffered another setback …

Steam generators of Belarusian nuclear power plant’s second unit now in place

MINSK, 16 January (BelTA) – Steam generators have been installed as part of the second power-generating unit of the Belarusian nuclear power plant, BelTA learned from the Information and Public Relations Department of the state enterprise Belarusian Nuclear Power Plant. Four steam generators intended for the second unit of the Belarusian nuclear power plant have …

Diablo Canyon | PG&E can close nuclear plant, commission says

In a landmark decision, the California Public Utilities Commission has decided PG&E can close Diablo Canyon nuclear power plant in 2025 — and San Luis Obispo County still won’t get its much-desired $85 million mitigation settlement to support the community through the shutdown. PG&E will get more than expected for its employee retention and retraining …

Shin Kori-3 reactor operates without shutdown in first year

SEOUL, Jan. 12 (Yonhap) — The state-run Korea Hydro & Nuclear Power (KHNP) said Friday Shin Kori-3, an advanced nuclear reactor designed for exports, has operated without problems since coming online in December 2016. The ARP-1400 reactor in Ulsan, 410 kilometers southeast of Seoul, achieved “one cycle of trouble-free” operation for 389 days, the nuclear …