Uranium miner Cameco (TSX:CCO,NYSE:CCJ) received an important approval from the Australian Federal Department of Environment and Energy last week to advance the Yeelirrie uranium site. Located in the remote Northern Goldfields region of Western Australia, Yeelirrie is one the country’s largest undeveloped uranium deposits. Cameco acquired the project in 2012 from BHP (ASX:BHP,NYSE:BBL,LSE:BHP) and was …
Kazakhstan, the world’s largest producer of uranium, is looking at scaling up its supply of the key energy source to India from 5,000 tonnes during 2015-19 to more than 7,500 tonnes over the next five years, Kazakh ambassador Bulat Sarsenbayev said on Wednesday. The Central Asian nation, with the second largest uranium reserves or almost …
Kazakhstan, world’s largest producer of uranium, is planning to increase the quantum of its India-bound supplies to 7,500-10,000 tonnes for a five-year period starting 2019 from 5,000 tonnes at present. The previous five-year pact for uranium supply signed during Prime Minister Narendra Modi’s visit to the country will lapse this year and the two sides …
The world’s energy future could mean very good things for Canadian uranium exploration. As countries around the world seek to increase energy capacity without raising carbon emissions, governments in developed and developing nations alike are turning back to nuclear power. As of February 2019, there were about 50 nuclear reactors under construction around the world. …
Miles down the road The most serious accident in a U.S. power plant occurred 40 years ago, and even though the small radioactive releases had no detectable health effects, the emergency helped heighten awareness and oversight. A combination of equipment malfunctions, design-related problems and worker errors led to the Three Mile Island reactor’s partial meltdown …
The Trump administration is to be commended for its “energy dominance” policy with respect to oil and natural gas production, but on domestic uranium mining, used for nuclear power generation and national defense purposes, it is the United States that is being dominated. Fortunately, the administration is considering new corrective measures to address this vulnerability …
Uranium, a nuclear metal, has seen a downside as well as an upside time to time, on account of changing trend in energy production methods and supply and demand dynamics in the last three years. The prices started its downturn in 2015 with Uranium Futures (UXX) dropped significantly from the level of $40.15 (Day’s high …
The Department of the Interior’s Bureau of Land Management approved the expansion of the Lost Creek uranium in-situ recovery project, an existing uranium mine operated by Lost Creek ISR in Sweetwater County. The record of decision, signed by Interior’s Assistant Secretary for Lands and Minerals Joseph Balash, will strengthen energy security, expand infrastructure and bolster …
Although Korea has exported nuclear power plants to the United Arab Emirates (UAE), it can exclusively supply nuclear fuel to the plants only for three fuel cycles, which add up to less than five years. After that, Korea has to compete with other countries such as the United States to supply nuclear fuel to the …
“For decades, the FSB agents, the Russian lobby at the highest levels have slowed down the process of diversification. Moreover, the regime of Yanukovych practically buried that process by stopping it. Only after demonstration of political will over the past five years, thanks to cooperation with the Westinghouse company, Ukraine has become the first country …
