Energy Fuels Announces Q2-2018 Results, Including $55 Million of Working Capital 

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the quarter ended June 30, 2018. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System …

U.S. senators introduce bill with new Russia sanctions

Republican and Democratic U.S. senators introduced legislation on Thursday to impose stiff new sanctions on Russia, the latest effort by lawmakers to punish Moscow over interference in U.S. elections and its activities in Syria and Ukraine. The bill includes restrictions on new Russian sovereign debt transactions, energy and oil projects and Russian uranium imports, and …

Jordan power shortage: Kingdom turns to renewables, nuclear and oil-shale

The development of renewable energy, nuclear power and, to a smaller extent, oil shale is key to cutting energy and subsidy bills and meeting growing power demand. A major challenge facing Jordan in the coming months and years is reducing the country’s energy and subsidy bills while allaying public concerns over rising electricity costs. In …

Energy minister expresses support for nuclear power

The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …

UComps: Project Generation Capability for Uranium Explorers

EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration.  A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …

Nuclear energy is not as risky as climate change

Nuclear power will be essential for meeting the UK’s greenhouse gas targets, concluded a new report by Imperial energy experts. The energy sector is one of the biggest culprits for greenhouse gas emissions in the UK due to its historical reliance on burning fossil fuels. Many experts believe that combining new, lower-cost renewable technologies with …

‘Paralysis in the market’: Cameco to layoff staff, indefinitely idle uranium plants in ‘confusing times’

In the face of rockbottom uranium prices, Cameco is indefinitely shutting down its Key Lake mill and McArthur River mines. Denis O’Hara, 61, has worked for Saskatchewan-based Cameco Corp. in its Key Lake uranium mill for eight years and had hoped to retire there. Instead, he learned on Wednesday evening that he and about 500 …

Nuclear still UK’s main low-carbon power source

The Digest of UK Energy Statistics (DUKEs), published today by the Department for Business, Energy and Industrial Strategy (BEIS), shows low-carbon sources of electricity accounted for a record 50.1% of power generated in the UK in 2017, which is up from 45.6% the previous year. This figure consists of 21.0% from nuclear, 14.8% wind (onshore …