Horizons ETFs Management (Canada) Inc. (“Horizons ETFs”) is pleased to announce the launch of the Horizons Global Uranium Index ETF (“HURA”). Units of the ETF will begin trading today on the Toronto Stock Exchange (“TSX”) under the ticker symbol HURA. HURA is the first ETF in Canada to provide direct exposure to the global Uranium sector – a …
A number of scientists and other professionals who assembled at an international summit in France on May 13, 2019, have pushed for nuclear energy, arguing it would help mitigate climate change. The scientists had gathered at the International Congress on Advances in Nuclear Power Plants (ICAPP) in Juan-les-Pins, France, to sign a declaration. There were forty …
Chinese and Russian nuclear companies will sign a deal worth more than $1.7 billion for the No.3 and No.4 reactors at the Xudapu Nuclear Plant using Russian technology, accelerating Sino-Russian cooperation on nuclear energy. Construction of two reactors at the Xudapu Nuclear Plant in Huludao, Northeast China’s Liaoning Province, is scheduled to start in October …
Poland is laying the groundwork for constructing a nuclear power plant in Pomerania, Energy Minister Krzysztof Tchórzewski told Polish Radio on Tuesday. According to him, a nuclear power plant’s investment cycle lasts about 10 years, but before that, there should be preparatory works that may take a few years. Hovever, much had already been done, …
Analysts in Germany are concerned about supply security Nation will close 17 gigawatts of nuclear and coal by 2022 Germany’s plan to exit coal could lead to power shortages early next decade as not enough new plants are being built. The phaseout of the world’s most widely used power fuel coincides with the ongoing shutdown …
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 …
Rosatom has been using nuclear power plants as a way of cementing ties with its fellow emerging markets. Russia’s state-owned agency Rosatom is on a tear. The company operates 35 nuclear power stations in Russia that produce 28 gigawatts (GW) of power, and it is actively exporting its nuclear technology to countries around the world. …
URANIUM producers will need to keep their costs down in an overly saturated market, as the industry still faces tough times. While demand for uranium is expected to grow in the long run, the rate of growth remains uncertain due to its over-reliance on China’s nuclear building plans. This is what Rössing Uranium’s managing director, …
The main control room of the Unit 2 of the Karachi nuclear power plant, China’s self-developed third-generation HPR1000 demonstration project in Pakistan, was declared operational on April 28, according to an announcement by China National Nuclear Corporation (CNNC). The landmark achievement was followed up by the commissioning of the digital control systems (DCS) of Karachi …
Rössing Uranium Ltd will start with a detailed pre-feasibility this year in anticipation of the mine’s end-of-life which is planned for 2025. However, a sales process, currently underway, may throw this mine a lifeline taking its productive life beyond the looming deadline. Launching the mine’s annual stakeholder report this week, Rössing Uranium’s new Managing Director, …
