V.PTU: Announces Plans to Continue 2017 Drilling at Hook Lake

FOR IMMEDIATE RELEASE Toronto, Ontario – September 28, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) today provided an update on their Hook Lake project drill plans for the remainder of 2017.  Residing within the Patterson Uranium District, the Hook Lake JV is a project owned jointly by Cameco Corp. (39.5%), AREVA …

GoviEx receives expressions of interest from project lenders for Niger uranium project

JOHANNESBURG  – TSX-V-listed GoviEx Uranium has received expressions of interest from export credit agencies and project finance banks to arrange $220-million of senior debt financing for the construction of the Madaouela uranium project, in Niger. This followed the earlier appointment of Medea Capital Partners as project debt adviser and is in line with the Africa-focused exploration and development company’s four-step strategy to …

China National Nuclear, Shenhua team up to develop gen-4 reactor

SHANGHAI (Reuters) – The China National Nuclear Corp (CNNC) has signed an agreement with the Shenhua Group, China’s biggest coal producer, to promote the development of advanced “traveling wave” reactor technology, the state nuclear giant said. At a ceremony on Tuesday, the two sides signed an investment agreement to promote fourth-generation traveling wave reactors (TWR), …

World Nuclear Association welcomes Akkuyu construction

The World Nuclear Association has welcomed the start of general construction work at the site of the planned Akkuyu nuclear power plant, following confirmation by Alexey Likhachov, director-general of the Russian state nuclear corporation Rosatom. Speaking to journalists last week at the 61st regular session of the International Atomic Energy Agency General Conference in Vienna, …