As the spot uranium price has declined nearly -11% in the last month, prices for uranium shares have risen dramatically. -Key drivers of uranium equities rally -Three megatrends supporting uranium -Spot uranium slides over -7% during 2021 By Mark Woodruff A sweeping rise in the share prices of current and prospective uranium producers has drawn widespread …
Czech scientists have received a US patent for their discovery that a polycrystalline-diamond coating can significantly protect fuel rods against corrosion during both normal reactor operation and accidents. Researchers from the Czech Institute of Informatics, Robotics and Cybernetics of the Czech Technical University (CTU CIIRC) and the Institute of Physics of the Academy of Sciences …
A $75 million fund for domestically mined uranium came after years of lobbying and campaign donations from the industry. When the latest COVID-19 relief bill was signed into law by President Donald Trump on Dec. 27, uranium companies with mines in the United States cheered. And that included a big one with operations in Utah. …
Nuclear power could produce one-third of the UK’s clean hydrogen needs by 2050, according to the Hydrogen Roadmap agreed by the Nuclear Industry Council (NIC) last week. The NIC, co-chaired by the Minister for Business, Energy and Clean Growth and the Chairman of the Nuclear Industry Association, sets strategic priorities for government-industry collaboration to promote nuclear power …
Uranium is an important metal in the energy sector. Here the Investing News Network looks at the five top uranium countries by reserves. Uranium is an important commodity in the energy sector, and knowing the countries with the top reserves is key. Mined uranium resources have provided fuel for nuclear power generation for more than 60 …
Winter storms in parts of the south and central U.S. have led to a surge in the need for power, rallying prices for natural gas as traders look toward a rise in nuclear power demand and consumption of uranium. The southern Plains has been “transformed into southern Siberia due to brutally cold Arctic air that …
Kazakhstan Ambassador Yerlan Alimbayev on Thursday met the top brass of NMDC to discuss ways to leverage the public sector mining major’s capabilities to further strengthen the Kazakh mining industry. A release from NMDC on the visit of the Ambassador said Mr.Alimbayev met CMD Sumit Deb, Director (Finance) Amitava Mukherjee and Director (Technical) Somnath Nandi. …
Summary Geiger counter going off after decade-long decline. Similar patterns of 2020 lows argue for larger moves just starting. We highlight some of our favorites from the sector. Looking for a helping hand in the market? Members of Stock Waves get exclusive ideas and guidance to navigate any climate. In our weekly Stock Waves …
Saskatoon, Saskatchewan, Canada, February 10, 2021 Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2020 in accordance with International Financial Reporting Standards (IFRS). “As we head into 2021, we remain positive about the long-term fundamentals for the uranium market,” said Tim Gitzel, …
Estonia needs to put in place the necessary legislation and competencies if a small modular reactor (SMR) is to be in operation by 2035, speakers at a conference organised by Fermi Energia agreed yesterday. The Baltic country aims to stop generating electricity from oil shale by 2035, but has yet to officially launch a nuclear …
