Canada-based uranium producer Cameco (TSX: CCO) has tipped higher revenue and a slightly higher realised price for its key commodity as it swung to a loss in its September quarter results. Its net loss was C$13 million (US$9.9 million) or 3c per share, compared with earnings of $28 million (US$21.3 million) and 7c respectively a …
Dual-listed Cameco remains on track to achieve its guidance for the full-year and has increased its revenue target for the year. According to CEO and president Tim Gitzel, the uranium company continues to demonstrate its resilience. During the third quarter, ended September 30, Cameco continued to deliver on its strategy, and further strengthened its balance sheet …
By now, more Japanese have died from the closing of Japan’s nuclear power plants following the 2011 Tohoku quake than from the tsunami and the earthquake combined, which was about 20,000 people. Of course, no one has died from any radiation released from the reactor, and no one ever will. There just wasn’t enough dose …
Saudi Arabia is in talks with five vendors, including US-based Westinghouse, to build its first nuclear power plant with two reactors, according to an energy ministry presentation. The other companies in the discussions are France’s EDF, Russia’s Rosatom, South Korea’s KEPCO and China National Nuclear Corp, according to the presentation, shown Wednesday at the Future …
The minister yesterday released an audit of the construction of the Flamanville 3 EPR, conducted by former PSA Group chief Jean-Martin Folz. Construction work began in December 2007 on the 1650 MWe unit at the Flamanville site in Normandy. The EPR reactor was originally expected to start commercial operation in 2013 and cost EUR3.3 billion …
The Philippines will prepare a detailed plan for the International Atomic Energy Agency (IAEA) on how it could embark on a nuclear power programme, its energy chief said on Wednesday, backing a push for the country to tap nuclear energy. “We are set to meet with the IAEA next month to discuss further collaboration efforts,” …
Another nuclear power plant in southern region, PM said. The Executive Committee of National Economic Council (Ecnec) on Tuesday approved a project to develop infrastructure for safety supervision of Rooppur Nuclear Power Plant (RNPP) involving Tk1,710.63 crore. Prime Minister Sheikh Hasina chaired the meeting held at Sher-e-Bangla Nagar in the capital. According to the project …
U.S. Energy Secretary Rick Perry said on Saturday that conversations with Saudi Arabia on a nuclear program are going forward. The world’s top oil exporter had said it wanted to use nuclear power to diversify its energy mix. It wants to go ahead with a full-cycle nuclear program, including the production and enrichment of uranium …
Tokyo Electric Power Company Holdings said on Monday it would provide financial support to Japan Atomic Power Co (Japco) to help it take safety measures needed to restart its Tokai Daini nuclear power plant near Tokyo. Late last year, Japan’s nuclear regulator approved an operations extension for the 40-year-old Tokai Daini reactor, which was damaged …
Monday marks the 50th anniversary of the Tarapur Atomic Power Station or TAPS as it is known. Located in the industrial area of Boisar in Maharashtra’s Thane district, TAPS was India’s first atomic power project when it began operations on 28 October, 1969. Launched under the Lal Bahadur Shastri government, TAPS relies on boiling water …
