(Reuters) – Shares of uranium producers surged in early trading on Monday after Kazakhstan’s uranium output cut spurred expectations the move would help clear a glut that has roiled the global markets since the Fukushima meltdown in 2011. U.S.-listed shares of Canadian uranium miner Cameco Corp rose nearly 18 percent to a high of $11.17, …
The reactor vessel for unit 2 of the Leningrad Phase II nuclear power plant was installed yesterday, Russian state nuclear corporation Rosatom has announced. The installation work at the plant, which is in Sosnovy Bor in western Russia, used ‘open top’ technology, which “allows equipment to be inserted into the sealed area directly through the …
With a ceremony held today, Bangladesh started the construction of its first nuclear power plant at Rooppur. The pouring of the first nuclear safety-related concrete for the power plant made Bangladesh the third ‘newcomer’ country to start constructing its first nuclear power reactor in three decades – following the United Arab Emirates in 2012 and …
Further to GoviEx Uranium Inc.’s news release on Nov. 21, 2017, it has filed the “NI 43-101 Technical Report on a Preliminary Economic Assessment of the Mutanga Uranium Project in Zambia”, dated Nov. 30, 2017. The PEA was prepared by qualified persons from SRK Consulting (UK) Ltd. and is available under the company’s profile on …
TOKYO (Reuters) – Two Japanese nuclear operators said on Thursday they will delay the restart of nuclear plants to check whether they have received compromised parts from Kobe Steel Ltd (5406.T), which has admitted to widespread fabrication of data on products. The delays widen the impact of the Kobe Steel data fabrication scandal, which has …
SEOUL (Reuters) – South Korean President Moon Jae-in has vowed to lead his country to a “nuclear-free era”, but in an ironic twist nuclear capacity is on track to hit a record during his five-year term. The rise reflects the lag time for change, but also a surprise defeat on shuttering two partially built reactors …
Kazakh Kazatomprom JSC and Chinese CGNPC company jointly build a plant for the production of fuel assemblies. The plant will be commissioned in 2019 and start production output in 2020, said the Energy Minister of Kazakhstan Kanat Bozumbayev in an interview to ‘Kazakhstanskaya Pravda’ newspaper. The plant will supply 200 tons of nuclear fuel per …
JOHANNESBURG (miningweekly.com) – Following shareholder approval announced on Thursday, uranium project developer Berkeley Energia has completed a strategic investment of up to $120-million with the sovereign wealth fund of the Sultanate of Oman, which means that Berkeley can now bring the Spain-based Salamanca uranium mine into production. The ASX- and Aim-listed miner noted that all precedent conditions had been met and that …
ARROW DEPOSIT AR-17-146c4 Hole AR-17-146c4 was a directional hole that departed hole AR-17-146c3 at a depth of 352 m. This step-out hole was designed to test the southwest gap 50 m down-dip and northeast of AR-17-146c3. Directional drilling was initiated at 369 m. The A3 and A4 shears were both intersected at inclinations of -70°. …
VANCOUVER, Nov. 30, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report radioactivity results for the final forty holes from South Arrow and Arrow as part of our now concluded summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Arrow Highlights: Drilling at Arrow has intersected strong mineralization …
