While we have previously laid out the bullish case for uranium stocks in general, and Cameco (CCJ) – which controls the world’s largest high-grade uranium reserves and low-cost operations and is one of the largest global providers of the uranium fuel – in particular (here, here, here and here), today this thesis got a swift boost …
The world’s largest uranium producer Kazatomprom reported Monday that its full-year 2020 uranium production of 10,736 tonnes of uranium (reported as U3O8) was within the guidance despite a 19% production drop over 13,291 tonnes mined in 2019. The company said that on both a 100% and attributable basis, production volumes for the fourth quarter and …
OSAKA – The mayor of the town of Takahama in Fukui Prefecture granted permission Monday for the restart of the Nos. 1 and 2 reactors at Kansai Electric Power Co.’s Takahama Nuclear Power Plant, becoming the first local leader in the nation to approve use of nuclear reactors more than 40 years old. The Takahama No. …
Pressure mounts around controversial Retortillo uranium mine project in Spain as Berkeley Energia threatens to claim EUR 500 million (US$603.45 million) from the Spanish government if proposed climate law jeopardizes authorization for Retortillo. Local media sources reported yesterday that Francisco Bellón, president of Berkeley Spain, advised that they will activate all the legal mechanisms at …
Over the past two decades, the US Nuclear Regulatory Commission (NRC) has been captured by the nuclear power companies it is supposed to regulate. The process of capture and resulting erosion of regulation has been driven in part by the increasingly poor economics of nuclear energy as companies struggle to avoid large costs due to …
Hopes are high that 2021 will confirm the start of a new bull market in uranium. Many people are predicting that in the near to mid-term the nuclear fuel could see plenty of screens glowing green in the best way possible. Fans of the heavy metal are quietly confident that the classic combination of reduced …
TEHRAN- Hadi Beiginejad, a senior member of the Parliament’s Energy Committee, said on Sunday that Iran has started construction of phases 2 and 3 of the Bushehr nuclear power plant. “The second and third phases of the Bushehr power plant development have been signed with the Russians under 10-year and 8-year contracts,” Fars quoted Beiginejad …
YEREVAN (Arka) — Armenia’s State Nuclear Safety Regulatory Committee will extend the license for the operation of the Armenian NPP until 2026 after the successful implementation of all activities planned for this year, NPP CEO Eduard Martirosyan said last Friday during a discussion that involved Armenian Territorial Administration and Infrastructure Minister Suren Papikyan, Russian Ambassador …
A national referendum on activating the long-mothballed Fourth Nuclear Power Plant in New Taipei will be held on Aug. 28, after the Central Election Commission (CEC) confirmed the date that was already set in stone in the Referendum Act. The Referendum Act stipulates that national referendums can only be held once every two years starting …
The Bulgarian Council of Ministers, at a meeting on 20 January, approved plans presented by the Minister of Energy to construct a seventh unit at the Kozloduy nuclear power plant using Russian-supplied equipment purchased for the Belene project. The minister noted discussions have been held with Westinghouse of the USA to construct the unit. During …
