Egypt’s House of Representatives approved three laws on Monday which allow for the creation of two regulatory bodies on nuclear power, paving the way for the construction of Egypt’s first nuclear power plant to generate electricity at El-Dabaa. The approval came after a five-hour marathon of debate in an urgent plenary meeting. At the start …
It always comes as a shock to see just how uncompetitive Olympic Dam actually sits on the slate of BHP Billiton’s globe of present and future mines. Presently Olympic Dam makes a 1 per cent return on capital and it will take a whole lot of hard core tweaking of men and machinery between now …
* Finance ministry looking at EDF restructuring scenarios * One option is to spin off nuclear power in standalone unit * EDF itself not involved in evaluation scenarios * Investment bankers pitching ideas to state holding APE By Geert De Clercq and Benjamin Mallet PARIS, Nov 23 (Reuters) – The French finance ministry is studying …
FUKUI–Kansai Electric Power Co. has cleared all hurdles toward restarting two reactors at its Oi nuclear power plant early next year after gaining the consent of the prefectural governor here Nov. 27. The utility plans to resume operations of the No. 3 and No. 4 reactors in January and March, respectively. “I have agreed to …
China National Nuclear Corporation (CNNC) and the Pakistan Atomic Energy Commission (PAEC) have signed a cooperation agreement on the construction of a HPR1000 Hualong One reactor at the Chashma nuclear power plant. “According to the agreement, CNNC will build a one-million-kilowatt-class nuclear power unit with HPR1000 technology at the Chashma Nuclear Power Plant in Pakistan,” …
AKIPRESS.COM – Uranium production is projected at 22,000 tons in 2017 in Kazakhstan, Minister of Energy Kanat Bozumbayev said Monday. A leading uranium producer is expected to cut production in 2017 by 2,000 tons. In 2016, Kazakhstan produced 24,000 tons. “Forecast for uranium production is 22,150 tons,” Bozumbayev told reporters Monday. China will remain the main …
The dream of discovery must motivate many a geologist. Through skill, effort and luck they hope to eventually find something precious, useful or otherwise valuable—something well known yet found in a previously unknown location. But a group of geo-boffins from the U.S. Geological Survey not only identified a type of uranium deposit previously unknown to …
US uranium production for 2017 to date is down 17% from the same period in 2016, according to the US Energy Information Administration’s (EIA) latest quarterly Domestic Uranium Production Report. Meanwhile, the US Geological Survey (USGS) has found uranium-bearing calcrete formations in the USA for the first time. Total uranium production for the first three-quarters of …
Barrons – News of the shutdown of the world’s largest uranium mine has rallied prices for the heavy metal, and could help revive a market that has suffered ever since Japan’s Fukushima nuclear disaster nearly seven years ago. Cameco (ticker: CCJ), which provides roughly 17% of the world’s uranium production, announced on Nov. 8 that …
Britain’s nuclear sector needs the government and industry to commit to the country’s nuclear capability in the critical next decade, a new report suggests. EY will publish a report today saying the government estimates investment of more than £45bn will be needed to develop the first three new nuclear power plants: Hinkley Point C, Wylfa …
