Russia has signed agreements with Nigeria to build and operate a nuclear power plant in the oil-rich West African nation that has a deficit of reliable power and faces security challenges by Islamist militants in the far northeast. Feasibility studies for the plant and a research center construction will include site screening, capacity, financing, and …
BETHESDA, Md. – Centrus Energy Corp. (NYSE American: LEU) announced today it has signed a contract with UT-Battelle, LLC, as operator of the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), to continue advancing the AC100, a U.S. gas centrifuge uranium enrichment technology, at the Company’s facilities in Oak Ridge, Tenn. The new contract …
The IAEA’s International Ministerial Conference on Nuclear Power in the 21st Century opened today in Abu Dhabi, United Arab Emirates, with around 700 participants from 67 IAEA Member States and five international organizations set to explore the role of low-carbon nuclear power in the world’s future energy mix. “All countries – both developed and developing – need …
The government of Ontario has reconfirmed its support for the Canadian province’s nuclear sector in its long-term energy roadmap. The plan focuses on energy affordability, innovation and customer choice in the province, which already generates over 90% of its electricity without producing greenhouse gases. The 2017 Long-Term Energy Plan (LTEP) – subtitled Delivering fairness and choice – was published …
By Sylvia Westall ABU DHABI (Reuters) – Saudi Arabia plans to extract uranium domestically as part of its nuclear power programme and sees this as a step towards “self-sufficiency” in producing atomic fuel, a senior official said on Monday. Extracting its own uranium also makes sense from an economic point of view, said Hashim bin Abdullah Yamani, head …
GoviEx Uranium Inc. has completed its previously announced transaction to acquire the uranium mineral interests of African Energy Resources Ltd. in Zambia. See GoviEx’s news release dated March 6, 2017. Govind Friedland, Executive Chairman of GoviEx, commented, “The combination of African Energy’s Chirundu and Kiraba Valley tenements with GoviEx’s Mutanga Project finally unites these neighbouring …
Johannesburg – A bleak market outlook most likely forced Karoo Uranium mining hopefuls Peninsula Energy Ltd to withdraw from South Africa. According to Dr Stefan Cramer, SA Faith Communities’ Environment Institute (Safcei) Science Advisor, the same poor outlook will also keep potential buyers from mining the Karoo for uranium. Peninsula announced last week Wednesday that …
Producer: Jeffrey Donovan, Camera and Editing: Martin Klingenboeck Energy is the engine of economic development and prosperity. Growing populations and expanding industries need more and more of it. But can energy power modern economies, without heating the planet or polluting our air? Nuclear power is one option. It currently produces about 11 percent of the …
Japan Atomic Power Co. is preparing to apply for a 20-year extension to operate the aged Tokai No. 2 nuclear plant beyond its 40-year life span, sources said. Such an extension would be the first among Japan’s aged boiling-water reactors, which include those at the crippled Fukushima No. 1 nuclear power plant. Tokai No. 2 …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2017 in accordance with International Financial Reporting Standards (IFRS). “Our third quarter results were anticipated and in line with the outlook we provided in the second quarter,” said president and CEO, Tim Gitzel. “And, they reflect …
