Envoys meet in bid to save nuclear deal

Diplomats from Iran and several world powers recommitted Sunday to salvaging their nuclear deal amid mounting tensions between the West and Tehran. Iran’s deputy foreign minister said the emergency meeting in Vienna had yielded positive developments but had not “resolved everything.” “The atmosphere was constructive, and the discussions were good,” Abbas Araghchi told reporters. Araghchi …

Uranium market not yet ready for Cameco restarts, says CEO

Although uranium market challenges are easing, Cameco CEO Tim Gitzel says there is still far to go before the Canadian uranium company restarts operations at McArthur River/Key Lake. Gitzel made the comment during the presentation of its second quarter results yesterday. The company reported a net loss of CAD23 million (USD17.5 million) for the second quarter of …

Nigeria engages Rosatom on nuclear development

The nation’s government intends partnering with Rosatom to add nuclear energy to Nigeria’s energy mix in bids to address the country’s power challenges. Speaking to a local publication, The Nation, Rosatom’s central and southern Africa CEO, Dmitry Shornikov, revealed that Nigeria is making steady progress on the matter. “This is evident by the agreement which …

Alarm bell on decline of nuclear power way too late

Recently, the International Energy Agency (IEA) warned that neglect of the world’s nuclear electric generating plants would lead to a precipitous decline in climate-friendly nuclear energy production around the world. The agency, a consortium of 30 countries which monitors energy developments worldwide, said 25 percent of nuclear capacity could be lost by 2025 and two-thirds by 2040. …

Boost to Indian nuclear programme as Kazakhstan assures increased supply of uranium

India’s atomic programme will receive a major push from its strategic partner Kazakhstan which has assured an increased supply of uranium to India in the next five years, according to Kazakhstan Ambassador Bulat Sarsenbayev. He asserted that a new contract is currently being negotiated between the two countries and Kazakhstan is aiming to significantly improve …

Domestic Uranium Production Report – Annual

Mining, production, shipments, and sales U.S. uranium mines produced 0.7 million pounds of triuranium octoxide (U3O8), or uranium concentrate [1], in 2018, 37% less than in 2017. The production of uranium concentrate is the first step in the nuclear fuel production process, preceding the conversion of U3O8 into UF6, to enable uranium enrichment, then fuel pellet …

Mines: the closure of Cominak, a subsidiary of Orano, confirmed by Minister Barazé

Last February, Actuniger reported that the French multinational Orano, formerly Areva, was seriously considering the closure of the Akouta Mining Company (Cominak), one of its two subsidiaries in Niger. The scenario is becoming more and more precise with the release, on Saturday, May 11th in Parliament, the Minister of Mines, Hassane Barazé. Responding to a …