Tepco starts installing device to remove fuel from reactor 3 cooling pool at Fukushima No. 1

FUKUSHIMA – Tepco on Sunday began installing equipment to be used for removing fuel from the storage pool for reactor 3 at the Fukushima No. 1 nuclear plant. The equipment, weighing 72 tons, was lifted by two large cranes. The storage pool, located in the reactor building on a floor 36 meters above ground level, holds …

T.NXE: Appoints Bruce Sprague and Shawn Harriman

VANCOUVER, Nov. 13, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSEMKT:NXE) is pleased to announce the appointment of Bruce Sprague as Chief Financial Officer and Shawn Harriman as Senior Manager, Permitting, Environment and Regulatory Affairs of the Company effective as of November 13, 2017. Leigh Curyer, Chief Executive Officer of the Company, commented: “These two appointments reflect NexGen’s rapid progression …

T.EFR: Acquires and Extinguishes Royalties on its Nichols Ranch Property

Energy Fuels Enters into Agreement to Acquire and Extinguish Royalties on its Nichols Ranch Property as well as Acquire and Hold Royalties on Nearby Operating and Permitted ISR Uranium Projects Owned by Cameco Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium in the United States, …

Australian Uranium shares soar as Canadian giant Cameco suspends production

The uranium price slump has forced the world’s largest producer, Cameco, to temporarily suspend production at two key operations from next year, driving Australian uranium miners’ shares skywards. Canadian giant Cameco on Thursday said it would shutter its MacArthur River mining and Key Lake milling operations for 10 months by the end of January, pulling a significant chunk of production …

V.SYH: Option Partner Announces Upcoming Exploration Programs at Preston Uranium Property

Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the Company’s option partner AREVA Resources Canada Inc. (“AREVA Resources”) has announced details for an upcoming exploration program at the Preston Lake Uranium Project located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit hosted on its Rook-1 property and Fission …

V.PTU: Acquires Additional Claims, Tripling the Size of McArthur East Project

Toronto, Ontario – November 9, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, …

Cameco Corp. takes another hit, but production cuts positive for uranium market

The patience of Cameco Corp. shareholders is being testing yet again, as the Saskatchewan-based uranium producer’s latest round of quarterly earnings fell short of expectations, the company cut its dividend, and now it has decided to temporarily suspend work at two operations. The news sent Cameo shares higher, as the production cut is expected to …

T.CCO: to suspend production from McArthur River and Key Lake operations and reduce its dividend

Cameco (TSX: CCO; NYSE: CCJ) announced today that due to continued uranium price weakness, production from the McArthur River mining and Key Lake milling operations in northern Saskatchewan will be temporarily suspended by the end of January 2018 and that the company’s annual dividend will be reduced to $0.08 per common share in 2018. “With the …

V.PLU: Completes Non-Brokered Private Placement

Plateau Uranium Inc. (“Plateau Uranium” or the “Company“) (TSX VENTURE:PLU) (FRANKFURT:QG1), a Lithium/Uranium development company, is pleased to announce that it has completed a non-brokered private placement (the “Financing”). The Company issued and sold approximately 6.0 million units (“Units”) at a price of C$0.30 per Unit, raising gross proceeds of C$1.8 million. Each Unit consisted …

Purepoint Triples The Size of their Saskatchewan Project

Purepoint Uranium Group Inc. (TSX:PTU.V) today reported the staking of 6 new claims adjacent to their 100% owned McArthur East project, increasing the total size of the project to 5,600 hectares. The McArthur East property, initially adjoining Cameco’s McArthur River project to the west, now also adjoins their Cigar Lake project to the north. These …