KRYNICA ZDROJ, Poland, Sept 6 (Reuters) – Coal-dependent Poland aims to build its first nuclear power plant by 2029 to reduce carbon emissions, its energy minister said on Wednesday, a little later than envisaged last year. Warsaw announced the project in 2009, but hit numerous delays due to falling power prices and Japan’s 2011 Fukushima …
Perth – Uranium developer Bannerman Resources is optimistic about the future of the uranium price, with CEO Brandon Munro telling delegates at the fifteenth yearly Africa Downunder conference, in Perth, that the current decade-low prices are unsustainable. “The uranium spot price is languishing at a decade low price of $20/lb,” Munro said on Thursday. “While all commodity markets are cyclical, and it …
Egypt has signed a deal to use Russian investment to develop the country’s first nuclear power plant at Dabaa, on the Mediterranean coast. The Associated Press reports that the agreement was signed on Monday after two years of negotiations. The reports came after Egypt’s President Abdel-Fattah Al-Sisi met with Russian President Vladimir Putin in China, where they were …
Uranium ore samples collected by ASX-listed Marenica Energy from the Langer Heinrich uranium mine in Namibia have been received in Perth for immediate test work. Namibia – The aim of the test work is to confirm the substantial benefits expected from implementation of Marenica’s proprietary U-pgrade process on the ore. In June, Marenica Energy and Paladin Energy agreed to conduct …
With a grim forecast for their industry, many speakers at a recent global uranium symposium exhibited a kind of gallows humor. Take the introductory lines of the conference chair, Paul Goranson, an executive vice president at Energy Fuels, who joked that he was drafted into his unenviable position after he happened to miss a meeting. …
Still unclear if and when Kashiwazaki-Kariwa facility will restart TOKYO — Japan’s Nuclear Regulation Authority appears set to certify the safety of two units at Tokyo Electric Power Co. Holdings key nuclear power plant in Niigata Prefecture on the Sea of Japan coast. Passing the safety review is a prerequisite for Tepco to restart the Kashiwazaki-Kariwa plant, which …
NEW DELHI (Reuters) – French energy giant EDF is making progress in talks to sell India six nuclear reactors, said its chief executive on Thursday, with the stalled projects of rivals making him more confident a contract could be agreed sooner than first expected. CEO Jean-Bernard Lévy declined to commit to a timeline for when …
The Minerals Council of Australia (MCA) has called on the Australian government to reverse legislation that effectively bans the country from developing a nuclear energy industry. The MCA, which represents the country’s exploration, mining and minerals processing industry, has also called for uranium projects to be removed from the definition of “nuclear action” under federal …
Namibia’s current account deficit will narrow substantially through to 2020. The trade deficit will shrink significantly as the completion of the Husab uranium mine and several construction projects will simultaneously boost mineral exports and decrease demand for imports linked to construction. At the same time, Southern African Customs Union (SACU) receipts will broadly hold up, …
The Sultanate of Oman is to become a long-term strategic investor in Berkeley Energia through an investment agreement worth up to $120 million. The investment means that the Salamanca uranium project in western Spain is now fully funded and can proceed to production. The agreement with the State General Reserve Fund (SGRF) – the sovereign …