Cameco announces second quarter results; gross profit benefitting from transition to tier-one run rate; full-year revenue outlook increased driven by improving market fundamentals; uranium market is moving toward replacement-rate contracting Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2023, in accordance with International Financial …
SK Inc. has laid out an ambitious plan to invest 23 trillion won (US$17.82 billion) in eco-friendly initiatives by 2025, with a primary focus on “energy transition.” SK Group Chairman Chey Tae-won has shown keen interest in transforming SK’s business landscape from a petroleum-centric structure to one that centers on environmentally friendly energy ventures. Among …
The ECNEC meeting, chaired by Federal Minister for Finance and Revenue Mohammad Ishaq Dar, took place in Islamabad on 27 July (Image: Government of Pakistan Press Information Department) Pakistan’s Executive Committee of the National Economic Council (ECNEC) has formally given its approval to the project to build unit 5 of the Chashma nuclear power plant, …
The price of uranium has risen only slightly since a military coup in Niger last week as mining operations have continued in the world’s seventh largest producer of the radioactive metal, but a consultancy said prices may rise in coming weeks. The spot price of uranium, widely used for nuclear energy and treating cancer, crept …
China has approved expansion projects at three nuclear power plants, according to a statement from the State Council released on Monday. Six new nuclear power generation units have been approved to expand three existing plants in Shandong province, Fujian province and Liaoning province, according to reporting from state-backed media outlet the Paper. The State Council …
1. The Dukovany nuclear power plant in the Czech Republic has four VVER-400 pressurized-water reactors that were put into operation between 1985 and 1987. Officials want to add another 1,200-MW reactor at the site. Courtesy: CEZ The Czech Republic is looking to expand its use of nuclear power, with utility CEZ launching another tender looking …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce that it has acquired by staking seven new prospective uranium exploration claims in Northern Saskatchewan, increasing Skyharbour’s total land package that it has ownership interest in to 518,302 ha (1,215,941 acres) across 24 projects. These 100% owned claims add an additional 13,945 ha to Skyharbour’s …
Vogtle Unit 3 (pictured above) is one of two AP1000 reactors at Plant Vogtle – the first new nuclear build projects in the U.S. in more than 30 years. Image courtesy of Georgia Power. The first U.S. Gen III+ advanced nuclear Westinghouse AP1000® reactor today entered commercial operation at Southern Nuclear’s Plant Vogtle. Westinghouse …
Global Atomic Corporation (“Global Atomic” or the “Company”); TSX: GLO; Frankfurt: G12; OTCQX: GLATF) announced today that its entire team in the Republic of Niger is safe and that the Dasa Project remains fully engaged in opening up access to the ore body and preparing the plant site for construction. Stephen Roman, President & CEO …
Gov. Whitmer Signs ‘Make it in Michigan’ Budget Balanced, bipartisan FY24 budget lowers costs, grows the economy, and delivers on kitchen-table issues LANSING, Mich.— Today, Governor Gretchen Whitmer signed a balanced, bipartisan general government state budget for Fiscal Year 2024 to grow the economy, lower costs, deliver on kitchen-table issues, and help anyone “Make it in Michigan.” The FY24 budget, when combined with the education budget previously signed by the governor, lowers costs on health care, preschool, meals for kids, higher education, housing, and workforce …
