The collapse in economic activity from the coronavirus pandemic has hit the price of most industrial metals and minerals, but uranium is bucking the trend. The price of the radioactive material, used in nuclear power stations to generate electricity, has risen 14 per cent in the past two weeks to $27 per pound, breaking out of …
Namibia halted mining and quarrying operations to curb the spread of the Covid-19 outbreak, according to Minister of Mines and Energy Tom Alweendo. The semi-arid southwest African nation is the world’s top producer of marine diamonds and the fifth-biggest of uranium. While minimal operations and critical maintenance work will be allowed, employers should ensure that …
With world economies dramatically impacted by the COVID-19 virus nuclear operators considering their options. United States In the USA, Maria Korsnick, president of the Nuclear Energy Institute told the New York Times that some operating reactors are “considering measures to isolate a core group to run the plant, stockpiling ready-to-eat meals and disposable tableware, laundry …
Given the outbreak of the COVID-19 pandemic, the Government of Namibia declared a state of emergency and has put certain measures in place that are aimed at stopping the further spread of the virus in Namibia. One of the measures is partial lockdown period for the Khomas and Erongo Region – the Rössing Uranium mine …
The rapid spread of the coronavirus is weighing heavily on markets and battered equities. No sector has been immune to the uncertainty COVID-19 has brought to the global economy. The uranium industry, which has been depressed for the bulk of the last four years, has also been impacted, with the chaos in the world adding …
The USA’s clean energy sectors have outlined the government support they need to get through the COVID-19 pandemic. Associations representing the nuclear, hydro, solar and wind energy industries have all written to Federal leaders for help. The Nuclear Energy Institute (NEI) has written to Energy Secretary Dan Brouillette, requesting assistance to ensure continued nuclear operations …
Russian state nuclear corporation Rosatom continues building nuclear power plants in coronavirus-hit countries, Rosatom Director General Alexey Likhachev said on Thursday. “Despite the difficulties with epidemiological situation in certain countries, where Rosatom is building NPPs, projects implementation continues,” Likhachev told reporters. “Of course, maximally tough measures are being implemented in these countries for ensuring safety …
The nuclear sector has sprung into action to screen employees for signs of the novel coronavirus and prepare for potential disruptions to their typical refueling practices in light of pandemic-related travel restrictions. Nuclear generators have been enacting pandemic protocols for weeks to continue protecting their workforce. “We were prepared in advance for a range of …
Cameco Corp. [CCO-TSX; CCJ-NYSE] is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan. It said the move is a safety precaution that stems from the threat posed by the Coronavirus [COVID-19] pandemic. Cameco is one of the world’s leading uranium producers. Cigar Lake is the globe’s largest operating uranium mine and …
Unit 4 of the Chashma nuclear power plant in Pakistan operated safely and continuously for more than 265 days and 17 hours in its second fuel cycle, bettering the duration of continuous safe operations set in its first fuel cycle, according to local reports on March 20. Constructed by China National Nuclear Corporation, also known as CNNC, the …
