Cameco Reports Q2 and its Decision to Suspend Production at MCA/KEY for an Indeterminate Duration

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2018 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the impact of a weak uranium market and the deliberate actions we have taken driven by the goal of increasing long-term shareholder value,” …

Statistics: Ukraine buys nuclear fuel for $213.5 million in 5 months

Ukraine purchased nuclear fuel for a total of $213.511 million in January-May 2018, which was 21.7 percent more than for the same period in 2017 ($175.490 million). Over the period under review, Ukraine bought Russian nuclear fuel worth $138.645 million for Ukrainian nuclear power plants, while nuclear fuel shipments from Sweden totaled $74.867 million, the …

INN’s U3O8 Price Update: Q2 2018 in Review

U3O8 spot prices experienced growth in Q2, reversing a downward trend experienced in late 2017 and early 2018. Prices were at US$22.80 per pound as of June 30, up slightly from US$22.62 month-on-month, however during the quarter prices were up by as much as 15 percent. Despite improvement in the month over month trend, U308 …

DOE announces funding for innovative nuclear technology

Ten projects have been selected to receive a total of up to USD24 million in funding under a new programme from the US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) initiative. The projects selected include a transportable gas-cooled reactor, and technology to support load-following, improve safety and reduce costs in advanced reactors. ARPA-E’s …