Bangladesh and Russia yesterday signed a protocol that clears the way for procurement of nuclear fuel for the first unit of the Rooppur nuclear power plant. The nuclear fuel will be supplied by global market leader TVEL Fuel Company, a subsidiary of Russian state-owned nuclear power conglomerate Rosatom. The first shipment from TVEL, which controls …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today that the Company has formalized its June 2022 Letter of Intent by signing a Definitive Agreement with a major North American utility for their procurement of uranium from the Dasa Project. The agreement represents the supply of up to …
There’s a push for small modular reactors to help with baseload electricity needs There are a lot of options in energy for Canada — hydro, wind, solar, biomass, natural gas, geothermal … the list goes on. As we work to decarbonize our electricity sources, there is growing interest in nuclear power. Nuclear power has a …
Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the results of its winter drill program at the Hook Lake Joint Venture at the Carter Corridor. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries …
Seoul, May 8 (IANS) South Korea’s Industry Minister Lee Chang-yang on Monday proposed enhanced cooperation with Hungary on nuclear power and various other advanced industry sectors, the Industry Ministry said. He made the call during a meeting with Hungarian Parliamentary Speaker Laszlo Kover in Seoul, where the two sides discussed ways to enhance bilateral economic …
THE PHILIPPINES is lining up potential US suppliers and is also studying some domestic manufacturing to support its proposed nuclear power industry, Trade Secretary Alfredo E. Pascual said. Mr. Pascual said at a briefing last week that the Philippine delegation to the US, led by President Ferdinand R. Marcos, Jr., met with two US nuclear …
India is considering overturning a ban on foreign investment in its nuclear power industry and allowing greater participation by domestic private firms, two government sources told Reuters, as part of a push for cleaner energy. The measures have been recommended by a government panel, set up by think-tank Niti Aayog which is headed by Prime …
The largest and heaviest module has been installed at unit 4 of the Sanmen nuclear power plant, the Shanghai Nuclear Engineering Research and Design Institute (SNERDI) has announced. Two CAP1000 units – the Chinese version of the AP1000 – are being constructed as Phase II of the plant, in China’s Zhejiang province. The cuboid-shaped CA20 …
Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) today announced its financial results for the quarter ended March 31, 2023. Management commentary “Sprott’s Assets Under Management closed at a record high of $25.4 billion as of March 31, 2023,” said Whitney George, CEO of Sprott. “During the quarter, we benefited from approximately $1 billion in net …
Conference Call and Webcast on May 9, 2023 The Company sold 300,000 pounds of uranium at a gross margin of 58%, 79,344 pounds of vanadium at a gross margin of 37%, and the Alta Mesa property for a total gain of $116.45 million; Working capital increased, total assets increased, and total liabilities decreased. LAKEWOOD, Colo., May 5, 2023 /PRNewswire/ …
