Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2018 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the impact of a weak uranium market and the deliberate actions we have taken driven by the goal of increasing long-term shareholder value,” …
Do you know that one uranium fuel pellet – about the size of your fingernail – produces the same amount of energy as 17 Mcf of natural gas, 149 bo, or 0.81 metric tons of coal? – Anonymous Nuclear Power Generation According to International Atomic Energy Agency (IAEA), there are a total of 451 nuclear …
Russia is interested in cooperating with South Africa in peaceful use of nuclear energy, including construction of a nuclear power plant (NPP) in this country, presidential aide Yuri Ushakov said on Tuesday. “Russia is interested in cooperation in the sphere of peaceful use of nuclear energy, including construction of a NPP in South Africa, continued …
The South Korean government plans to nurture some 800 experts in the nuclear sector by 2021, with the focus on enhancing the safety of nuclear plants and decommissioning efforts, the ICT ministry said Monday. According to the plan finalized by the Ministry of Science and ICT, the government will first inject 1.6 billion won (US$1.41 …
Ukraine purchased nuclear fuel for a total of $213.511 million in January-May 2018, which was 21.7 percent more than for the same period in 2017 ($175.490 million). Over the period under review, Ukraine bought Russian nuclear fuel worth $138.645 million for Ukrainian nuclear power plants, while nuclear fuel shipments from Sweden totaled $74.867 million, the …
U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …
Molly Thomas at CTV News and Chris Frostad, President & CEO of Purepoint Uranium Group Inc.discuss the potential impact of uranium tariffs on the Canadian economy should such tariffs be levied against Canada. http://purepoint.ca/videos/
The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain. Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers. The uranium market has been in an extended trough period since the industry peak in 2007. At that time …
Congress would likely have an easier time supporting restrictions on uranium imports – given their use as nuclear power plant fuel. The United States Department of Commerce has launched an investigation to determine if uranium imports threaten national security, raising questions about whether Canadian producers will be exempted from any potential trade restrictions. The investigation, …
Japanese imports of liquefied natural gas (LNG) in June fell to the lowest in more than two years as the country’s utilities switched on more nuclear reactors that had been shut in the wake of the Fukushima atomic disaster in 2011. Japan has six reactors operating and three others have passed safety inspections and could …
