AZARGA URANIUM CORP. (TSX:AZZ) (“Azarga Uranium” or the “Company”) has closed the first tranche of a non-brokered private placement for $558,750 through the issuance of 2,235,000 units (each, a “Unit”) at a price of $0.25 per Unit (the “First Tranche”). The final tranche of the non-brokered private placement is expected to close by 5 January 2018. …
The announcement made by uranium giant Cameco in November that it’s suspending operations at its flagship McArthur River mine in northern Saskatchewan and surprisingly deep three-year cuts by Kazakhstan’s state-owned Kazatomprom provide a “step change” for uranium prices says a new report on the sector from Cantor Fitzgerald equity research. On Monday, the world largest producer …
Laramide Resources Ltd. and its lenders, with Extract Advisors LLC acting as agent for and on behalf of the lenders, have entered into a binding term sheet to amend the terms of the company’s existing $3-million (U.S.) term loan, including, among other amendments (i) extending the maturity date to such date that is four years …
PARIS (Reuters) – French President Emmanuel Macron said on Sunday he would not follow Germany’s example by phasing out nuclear energy in France because his priority was to cut carbon emissions and shut down polluting coal-fired production. “I don’t idolize nuclear energy at all. But I think you have to pick your battle. My priority …
The Georgia Public Service Commission on Thursday is set to decide the fate of Plant Vogtle, the only nuclear reactor under construction in the U.S., which is years behind schedule and billions of dollars over budget. At Thursday’s hearing, a commission made of five elected officials, all Republicans, will vote on whether to permit Georgia …
The cost of recycling spent nuclear fuel has surged since Japan began using it in 1999, raising questions about the viability of the reprocessing strategy, it has been learned. Japan is the only non-nuclear weapons state in the world that still engaged in a commercial spent-fuel reprocessing program. While it struggles to keep its nuclear …
In his recent trip to Saudi Arabia, we have no doubt that US Energy Secretary Perry discussed that nations’ plans to embark on a 16 nuclear reactor building spree. The country, which suffers from electricity shortages, intends over two decades to add 17 GW of nuclear electric and 40 GW of solar generating capacity to …
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, CANADA – GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) (“GoviEx” or “Company”) today announced it is undertaking a private placement of up to C$5,000,000 (the “Private Placement”). The Company will be offering up to approximately 20,000,000 units (“Units”) at …
The landmark Hiroshima High Court ruling ordering a suspension of operations at the Ikata nuclear power plant will likely have far-reaching ramifications for Japan’s nuclear energy policy. It zeroed in on an aspect that has long been an issue with the anti-nuclear lobby, the Ehime Prefecture plant’s proximity to an active volcano and the prospect …
PARIS, Dec 15 (Reuters) – French state-controlled utility EDF on Friday again revised downwards its 2017 nuclear output forecasts for 2017 that because of reactor outages in past weeks. EDF said nuclear output would be slightly below the target range of 383-387 terawatt-hours (TWh) it gave in October. In a statement, however, the group confirmed …
