A.RIO: Rio Tinto announces cash generation of $6.3 billion and cash returns to shareholders of $3.0 billion

Rio Tinto chief executive J-S Jacques said “Today we have announced total cash returns to shareholders of $3 billion. By driving performance, focusing on cash and allocating it with discipline we are delivering superior cash returns to our shareholders. “These are strong results: operating cash flow was $6.3 billion and we met our $2 billion cash …

Utility stops construction of new South Carolina nuclear plant in ‘disappointing’ decision

South Carolina’s leading power utility decided Monday to cease construction at the V.C. Summer Nuclear Station’s two reactors after spending nearly $5 billion on the project. Santee Cooper’s board of directors approved the plan to stop construction of reactor units 2 and 3. The facility represented another blow for the nuclear power industry, which has …

T.DML : New High-Grade Discovery on Waterbury Lake Property

Denison Reports High-Grade Uranium Discovery on the Waterbury Lake Property TORONTO, ONTARIO–(Marketwired – Aug. 1, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to report a new high-grade uranium intersection in basement rocks from the first hole completed as part of the summer 2017 drilling program at the Waterbury Lake …

V.PTU : McArthur East Gravity Survey Returns Anomaly Over Primary Exploration Target

Purepoint Uranium Reports McArthur East Gravity Survey Returns Anomaly Over Primary Exploration Target TORONTO, ONTARIO–(Marketwired – Aug. 1, 2017) – Purepoint Uranium Group Inc. (the “Company” or “Purepoint“) (TSX VENTURE:PTU) today reported the results of a ground gravity survey conducted at its 100% owned McArthur East project in the eastern area of Canada’s Athabasca Basin in …

China, Pakistan agree to uranium cooperation

China and Pakistan have agreed to cooperate in uranium exploration and mining. China National Nuclear Corporation (CNNC) said it had signed a framework agreement with the Pakistan Atomic Energy Commission yesterday for technical cooperation in the exploration and development of uranium resources. China signed a similar agreement with Saudi Arabia earlier this year. Under the new agreement, …

V.FCU : New Discovery 1.5km Step Out from Triple R Deposit

Fission Hits Widest Mineralization to Date Outside of the R780E Zone with 1.5km Step Out from Triple R Deposit Hole PLS17-564 in R1515W Zone intersects 135.5m of total comp mineralization, including 8.25m total comp >10,000 cps and multiple intervals of >65,535 cps KELOWNA, BRITISH COLUMBIA–(Marketwired – July 31, 2017) – FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU)(“Fission” or “the …

T.NXE : Maiden Preliminary Economic Assessment of the Arrow Deposit

NexGen Announces Maiden Preliminary Economic Assessment of the Arrow Deposit VANCOUVER, July 31, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE: NXE) is pleased to announce the positive results of its independent maiden Preliminary Economic Assessment (“PEA“) of the basement-hosted Arrow Deposit, located on the Company’s 100% owned Rook I project in Saskatchewan’s Athabasca Basin. The maiden PEA …

T.AZZ Closes $1.14 Million Private Placement

GREENWOOD VILLAGE, COLORADO–(Marketwired – July 28, 2017) – AZARGA URANIUM CORP. (TSX:AZZ)(FRANKFURT:P8AA)(OTC PINK:PWURF) (“Azarga Uranium” or the “Company”) has closed a non-brokered private placement of $1.14 million through the issuance of 4,391,938 units (each, a “Unit”) at a price of $0.26 per Unit (the “Financing”). Each Unit consists of one common share of the Company (each, a …