A possible active fault beneath the Tomari nuclear power plant in Hokkaido could prolong the government’s screening process for a restart and deal a major financial blow to Hokkaido Electric Power Co., the plant’s operator. On Dec. 8, the Nuclear Regulation Authority (NRA) did not accept the assertion of Hokkaido Electric Power that no active …
Zoltan Ban Summary Kazakhstan’s move to cut uranium production is widely seen as an attempt to lift prices ahead of privatization. There is reason to believe that it is rather an uncommon decision to preserve a resource, keeping in mind the probability of it being more valuable in the future. Uranium reserves and production patterns …
EXCLUSIVE TO SOURCELINE U3O8 – Since 2007, U3O8 prices have largely been moving in one direction – down. With long-term and spot prices languishing at 12-year lows, the uranium sector has been struggling over the past few years. Many analysts will cite uranium underfeeding and the subsequent sale of additional enriched uranium on the spot …
JOHANNESBURG (Reuters) – South Africa plans to push ahead with its nuclear expansion plan but will now do so at a slower pace because there has been a fall in demand for electricity owing to a struggling economy, energy minister David Mahlobo said on Thursday. South Africa has the continent’s only nuclear power station and …
LONDON (Reuters) – The British government will provide up to 56 million pounds of funding for research and development in mini-nuclear plants, it said on Thursday. The funding will be available over the next three years and will be used to assess the potential of designs of advanced and small modular reactors (SMRs) and accelerating …
JOHANNESBURG (miningweekly.com) – ASX-listed Boss Resources has entered into a binding conditional agreement to buy Wattle Mining – the owner of 20% of the shares in the Honeymoon uranium project – in a move that will give the company full ownership of the South Australian project. Consolidating the ownership sets the Honeymoon project on the path to be Australia’s next uranium producer, with production of about …
PARIS, Dec 5 (Reuters) – France’s ASN nuclear regulator has given approval for the country’s state-controlled utility EDF to restart its Tricastin nuclear reactors, the ASN said in a statement. The ASN said it had given approval for EDF to restart reactors 2, 3 and 4. The four reactors have been offline since September as …
Last month, the French government dropped a legal target set by the previous government to reduce the share of nuclear to 50 percent by 2025, from 75 percent today. “We want to reach this objective. Our method will be to be as realistic as possible,” Poirson told reporters at the annual conference of the UFE …
The Unit 2 of Kudankulam Nuclear Power Plant in Tamil Nadu reached its full capacity of 1000 MW on Tuesday. This is the first time both units 1 and 2 of KNPP attained its full generation capacity. The Kudankulam Nuclear Power Plant (KNPP) attained its full generation capacity for the first time and became the …
December 4 2017, Astana – NAC Kazatomprom JSC (“Kazatomprom” and together with its subsidiaries, the “Company”), the world leader in the extraction of natural uranium, today announced its intention to reduce planned uranium production by 20% under Subsoil Use Contracts of Company enterprises, in order to better align its output with demand. The scheduled cuts will …
