Energy Fuels lifts Canyon Mine uranium resource, adds copper

A new independent mineral resource estimate for uranium junior Energy Fuels’ Canyon Mine project, in Arizona, has increased the uranium oxide (U3O8) resource by one-million pounds, and for the first time outlined a copper resource. The TSX-V- and NYSE MKT-listed miner said on Wednesday that the bulk of the resource growth was a function of upgrading inferred resources to the measured and …

Ukraine Buys Nuclear Fuel for $213 Mln in Six Months of 2017

KYIV. Aug 22 (Interfax-Ukraine) – Ukraine in January-June this year purchased nuclear fuel for a total of $212.808 million. According to the State Statistics Service, during this period Ukrainian nuclear power plants purchased Russian fuel for $130.076 million, Swedish products worth $82.732 million. Thus, the share of purchases of nuclear fuel by Ukraine in January-May …

Uranium bank will mitigate ‘growing risk’ of nuclear fuel being weaponised

Former US Senator Sam Nunn co-founded the Nuclear Threat Initiative, a non-profit aimed at preventing attacks from weapons of mass destruction. And he claims the imminent opening of the UN atomic watchdog’s Uranium bank in Kazakhstan next week will help increase global security from the risk of possible atomic warfare. The International Atomic Energy Agency …

Uranium sale talks at advanced stage

Australian official rejects reports of delay, and says move won’t slow down coal exports Discussions are at a ‘well-advanced’ stage for Australia’s uranium sale to India, to fuel nuclear power plants in the energy-starved developing nation, according to an Australian government body’s top official. Dismissing allegations that uranium supply was facing ‘delays’ due to the …

Russia set to finish Akkuyu nuclear plant licensing by year-end

Russia hopes to finalize all necessary licenses and permits for Akkuyu, Turkey’s first nuclear plant, by the end of the year, Russian Energy Minister Alexander Novak has said. Contracting parties are working to obtain the last of the licenses for Akkuyu, Novak told state-run Anadolu Agency over the Aug. 19-20 weekend. Russia’s Rosatom and Turkish consortium Cengiz-Kolin-Kalyon …

Stakeholders show interest in Canadian SMR plans

Over 70 organisations have submitted responses to Canadian Nuclear Laboratories’ (CNL) request for expressions of interest in small modular reactors (SMRs), including more than 15 expressions of interest in building a prototype or demonstration reactor. The Canadian nuclear science and technology organisation earlier this year released a long-term strategy including the goal of siting a new SMR …

Building The Next Generation of Nuclear Reactors

The Bill & Melinda Gates Foundation is involved with a number of philanthropic efforts all over the world. Infectious disease research, improving healthcare in impoverished areas, and expanding educational access are just some of the efforts the organization is undertaking to improve society. Improving research and development initiatives for new energy sources has also been …