Resources Increase at the Eastern Athabascas Largest Undeveloped Uranium Project

David Talbot, an analyst with Eight Capital, shared the details of the recently updated estimated mineral resource at this project and its impact on the target price for the company’s stock. In a Feb. 5, 2018, research note, analyst David Talbot relayed that Eight Capital raised its target price on Denison Mines Corp. (DML:TSX; DNN:NYSE.MKT) on the …

New Areva changes name to Orano

New Areva announced today it has been renamed Orano. New Areva comprises Areva’s nuclear fuel cycle activities that remained after the spin-off and subsequent sale of its reactor business. New NP – Areva’s former reactor business – was renamed Framatome earlier this month.  Orano is focused on nuclear materials development and waste management and its activities encompass …

Russia to invest $250 million in uranium exploration, production in Argentina

Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors. The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country’s sector, according …

Rosatom keeps uranium mining flat at 3,000 tonnes in 2017

MOSCOW, January 10. /TASS/. Atomredmedzoloto (ARMZ), an affiliate of the mining division of the Russian state nuclear corporation Rosatom, maintained uranium mining in Russia in 2017 at the level of 3,000 tonnes, similarly to 2016, the company said on Wednesday. “ARMZ completely delivered the annual plan of strategic feedstock supplies for the nuclear industry, keeping …

Nuclear Power Market in Kazakhstan

The new report from Energy & Natural Resources Market Reports has been published today. It provides updated in 2018 year analysis of energy & natural resources industries. Kazakhstan is situated in an unstable region, bordering weak Central Asian republics such as Uzbekistan and near war-torn Afghanistan. Kazakhstan has a major plant making nuclear fuel pellets and aims …

Chinese plant produces AP1000 reload assemblies

China’s first AP1000 fuel production line has now produced 64 sets of fuel assemblies ready for the first reloading of the Sanmen AP1000 units. Both Sanmen AP1000s are scheduled to begin operating later this year. “The specifications of the components met the technical requirements and provide guarantee for the subsequent safe and stable operation of …

Russian factory launches new centrifuges for uranium enrichment

YEKATERINBURG, December 28. /TASS/. New-generation gas centrifuge for uranium enrichment came on stream at the Urals Electrochemical Factory [Novouralsk, Sverdlovsk region] on Thursday, the press service of the factory told TASS. “The enterprise successfully launched five sections of a technological unit equipped with ninth-generation gas centrifuges,” the report said. According to Mikhail Denisov, the chief of …