Uranium Weekly Update from our friends at Cormark

Sector News – WNA Highlights, Denison Takes on Larger Stake of Wheeler River The World Nuclear Association (WNA) symposium took place in London last week. Some of the highlights from Cormark’s time on the ground include: We believe Kazatomprom is fully on board with the Cameco-led production curtailments to generate a longer-term rebound in the uranium markets, particularly …

Electric vehicles and opportunities for nuclear energy

The electrification of transport could potentially offer many opportunities for nuclear generation, Brandon Munro told the World Nuclear Association Symposium 2018 in London today. The acceleration in global sales of electric vehicles (EVs) over the past six years is a key litmus test signalling the reality of this shift, the CEO of Bannerman Resources said. …

Innovation is key to industry’s resilience, says Westinghouse

Westinghouse Electric Company is starting the next phase in its long history with one key message: The nuclear industry, which has always provided safe, clean and reliable energy, needs innovation now more than ever before. Speaking at the World Nuclear Association Symposium 2018 in London, Westinghouse President and CEO José Gutiérrez described the company’s strategy following its …

Murkowski, Booker, and Colleagues Introduce the Nuclear Energy Leadership Act

U.S. Sens. Lisa Murkowski, R-Alaska, Cory Booker, D-N.J., James Risch, R-Idaho, Shelley Moore Capito, R-W.Va., Mike Crapo, R-Idaho, Richard Durbin, D-Ill., Joe Manchin, D-W.Va., Sheldon Whitehouse, D-R.I., and Chris Coons, D-Del., today introduced bipartisan legislation to boost nuclear energy innovation and ensure advanced reactors can provide clean, safe, affordable, and reliable power to meet national …

CNNC completes design of district heating reactor

The preliminary design of the Yanlong swimming pool-type low-temperature reactor for district heating has been completed, China National Nuclear Corporation (CNNC) announced yesterday. CNNC launched its independently researched and developed Yanlong reactor (referred to as the DHR-400) for district heating in November 2017. The move came shortly after the “49-2” pool-type light-water reactor developed by …

Challenges and changes at Kazatomprom

NAC Kazatomprom has changed its strategy to be more responsive to prevailing market conditions, CEO Galymzhan Pirmatov told delegates attending the World Nuclear Association Symposium 2018 in London today. Over the past 20 years the Kazakh uranium producer has transformed from a small uranium company to the largest uranium producer in the world, and diversified …

T.U Announces Appointment of Tim Gabruch as Chief Commercial Officer

Uranium Participation Corporation (“UPC” or the “Company”) (TSX:U) is pleased to announce the appointment of Mr. Tim Gabruch as Chief Commercial Officer effective September 5, 2018.  Mr. Gabruch will assume responsibility for all of UPC’s commercial activities over the next several months, as part of an orderly transition of duties from Mr. Scott Melbye, UPC’s …

V.AEC Announces Uranium Resource Estimate for the Charlie Project

Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that BRS Engineering, Inc. (“BRS”) has completed a resource estimate for the Charlie uranium project (the “Charlie Project”) located in the Pumpkin Buttes Uranium District in Johnson County, Wyoming. In March 2018, Anfield announced that it had entered into …

T.DML Announces Appointment of Tim Gabruch as Vice President Commercial

Denion Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the appointment of Mr. Tim Gabruch, as Vice President Commercial.  Tim will be based in the Company’s Saskatoon office and will be tasked with building an “end to end” sales, marketing and commercial function that is consistent with the …

UComps: Battling the Odds – How Uranium Explorers survive (and thrive) during the worst of times

EXCLUSIVE TO SIGHTLINE U3O8 – In 2011, after suffering nearly three years of declining U3O8 prices, uranium companies were energized at what appeared to be a rapid return in the spot price as it leapt nearly 50% to close the month of February at US$70.00.  Two weeks later, the excitement came to an abrupt halt …