FUKUSHIMA – Tepco on Sunday began installing equipment to be used for removing fuel from the storage pool for reactor 3 at the Fukushima No. 1 nuclear plant. The equipment, weighing 72 tons, was lifted by two large cranes. The storage pool, located in the reactor building on a floor 36 meters above ground level, holds …
The patience of Cameco Corp. shareholders is being testing yet again, as the Saskatchewan-based uranium producer’s latest round of quarterly earnings fell short of expectations, the company cut its dividend, and now it has decided to temporarily suspend work at two operations. The news sent Cameo shares higher, as the production cut is expected to …
EIA’s International Energy Outlook 2017 (IEO2017) projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines …
An early regulatory review may put Terrestrial Energy on track to commission the first fourth-generation reactor in North America. Canadian regulators announced that Terrestrial Energy has completed the initial phase of a design review for its molten-salt nuclear power plant, giving the Ontario-based company a small early lead in the race to commission the first …
Including the Right Juniors can Maximize your Returns Rick Rule, President & CEO at Sprott US Holdings Inc., is quite proud to tell anyone who will listen that during his first foray into uranium investing his “worst” stock pick returned 22:1. During that run in the early 2000’s, uranium prices and related equities saw record …
PARIS (Reuters) – The French government has postponed a long-held target to reduce the share of nuclear energy in the country’s power production after grid operator RTE warned it risked supply shortages after 2020 and could miss a goal to curb carbon emissions. Environment Minister Nicolas Hulot said on Tuesday it was not realistic to …
New Delhi’s plans to allow some of the world’s biggest nuclear power companies to build reactors in India have been boosted by the news that Westinghouse, one of those companies, is planning to exit bankruptcy within months. But with renewable power dropping in price and India now provided with a surfeit of electricity generation, some …
Fundamentals Signal a Looming Spike in the Price of Uranium Exclusive to Sightline|U3O8 – Analysts and miners alike are predicting a smooth and steady comeback in uranium prices over the next 12-36 months… a prudent and conservative outlook. The reality, however, is that uranium prices have never moved quietly or slowly. After sitting at a price …
EXCLUSIVE TO SIGHTLINE U3O8 – Since 2007, Kazakhstan has raced to become the world’s largest producer of uranium. With the second highest amount of known recoverable uranium resources and one of the lowest production costs in the industry, Kazakhstan has positioned itself perfectly to dominate the uranium market. So, what have they done with those …
BEIJING — Chinese Premier Li Keqiang has called for closer China-US cooperation in developing the next-generation nuclear power technology, as he met with Bill Gates, co-founder of Microsoft and chairman of TerraPower here Friday. Speaking highly of the China-US partnership in this field, Li said companies of the two countries have set up a joint …