PARIS, March 29 (Reuters) – French uranium mining and nuclear fuel group Orano, formerly called Areva, said its 2017 revenue fell 11 percent to 3.9 billion euros ($4.80 billion) and core earnings fell 30 percent to 946 million euros as demand for nuclear fuel remains low. Orano’s order book, while still representing nearly eight years …
ALX Uranium Corp. has provided initial results from the Hook-Carter uranium project drilling program which began in mid-February, 2018 (see ALX news release dated Feb. 13, 2018). The drilling program is being operated by Denison Mines Corp. (“Denison”) (TSX: DML, NYSE MKT: DNN) and was originally estimated to include 10,000 metres of diamond drilling. To …
It’s been an eventful past couple of weeks in the uranium subsector, even if the spot price for uranium oxide has shown little positive response. In the U.S., the Trump administration’s Department of Energy (DOE) has suspended sales from its uranium oxide stockpiles for the rest of the government’s fiscal year (until Sept. 30, 2018). …
If you tell Jordan Trimble that uranium prices are bouncing around the basement at around US$22 per pound, he’ll smile. As director, president and CEO of uranium exploration company Skyharbour Resources Ltd. (TSX.V: SYH) (OTCQB: SYHBF) he’s assembled a rare trifecta of topography, timing and talent to unlock the full potential of an extensive portfolio of uranium …
GoviEx Uranium Inc. has agreed with Toshiba Corp. to extend the date of settlement under the termination agreement and mutual release to April 30, 2018. Toshiba also has agreed to extend the completion of the share purchase agreement with a mutually agreed third party investor. The execution of the agreement and the SPA were both …
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce its option partner Azincourt Energy (TSX-V: AAZ) (“Azincourt”) has paid its required cash payment to enter year two of the property option agreement after receiving positive results from the recent exploration program at the East Preston Uranium Project (the “Project”). Numerous high-quality drill targets were generated …
TORONTO, March 27, 2018 (GLOBE NEWSWIRE) — Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML) (NYSE MKT:DNN) (NYSE American:DNN) is pleased to announce an increase in the mineral resources estimated for the Midwest Project, located in the eastern Athabasca Basin, northern Saskatchewan, Canada. The Project is host to the high-grade Midwest Main and Midwest A …
Shikoku Electric Power Co. decided Tuesday to scrap the aging reactor 2 at its Ikata plant in Ehime Prefecture because the required safety investments would make it too expensive to keep in service. The reactor will be the ninth that nuclear plant operators across Japan have decided to scrap following the 2011 nuclear crisis, excluding …
Sitting atop the world’s second-largest oil reserves, Saudi Arabia has little to worry about when it comes to generating energy. But the Gulf nation is now angling to make one of the biggest investments in nuclear energy the world has seen. Saudi Arabia plans to spend more than $80 billion to build 16 nuclear reactors over the next …
WASHINGTON, D.C. – Today, the U.S. Department of Energy (DOE) celebrated the conclusion of the Fiscal Year 2018 (FY 2018) appropriations process. The Omnibus bill, signed by President Trump, includes $34.5 billion in funding for the DOE. “As a former appropriator, I am keenly aware of the work that goes in to the budget process, and …
