Nuclear Energy Institute (NEI) President and CEO Maria Korsnick gave the organization’s annual “State of the Nuclear Energy Industry Address” on May 15, 2023. Courtesy: NEI “Everywhere we look, we’re seeing demand surging,” Maria Korsnick, president and CEO of the Nuclear Energy Institute (NEI), said. “When we talk about demand for nuclear, we’re talking about …
The start of a much-delayed nuclear plant in Finland has helped bring down electricity prices by more than 75 per cent in the Nordic country. The Olkiluoto 3 (OL3), Europe’s first new nuclear plant in 16 years, began operating in April and is capable of meeting up to 15 per cent of the country’s power demand. Nuclear made …
The reactor pressure vessel (RPV) for unit 3 at the Xudabao nuclear power plant in China’s Liaoning province has successfully completed hydrostatic testing in Russia. The two VVER-1200 reactors that form phase two of the plant – units 3 and 4 – are scheduled to be commissioned in 2027-2028. The hydrostatic test is a comprehensive …
Dasa Uranium Project on Schedule to Produce Yellowcake in Q1 2025 Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the quarter ended March 31, 2023. HIGHLIGHTS Dasa Uranium Project The Company revised its Dasa Project, Phase 1, Feasibility Study which: confirmed …
GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or the “Company“), is pleased to report that it has closed its previously announced bought deal private placement financing, underwritten by Eight Capital and SCP Resource Finance LP (formerly known as Sprott Capital Partners LP), as lead underwriters and joint bookrunners (collectively, the Underwriters), of 85,714,200 units of the Company (“Units“), …
Already home to groundbreaking innovation, the site at Canadian Nuclear Laboratories (CNL) in Chalk River, Ont. was announced Thursday as the site for the world’s first micro-modular reactor. Developed by Global First Power (GFP), the micro-modular reactor is a nuclear-based power source touted as the future of green energy. “One of these reactors that can …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Saskatchewan Ministry of Environment has approved the commencement of the 2023 Site Infrastructure and Confirmation Program (“SI&CP”) at the Company’s 100% owned, Rook I project (the “Project”), in the Athabasca Basin, Saskatchewan. The SI&CP comprises a comprehensive field program focused on infrastructure …
The world’s second-biggest producer of enriched uranium, the key element used to fuel nuclear reactors, said orders are surging following Russia’s invasion of Ukraine and renewed interest in atomic energy as a solution to climate change. Urenco Ltd.’s long-term orders rose more than 10% over the past three months, extending last year’s 24% jump, Chief …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce the Company’s President & CEO, Amir Adnani, will be delivering a virtual presentation: “Uranium Energy Corp is Enabling the Green Energy Transition” in the closing session of the International Atomic Energy Agency (“IAEA”) International Symposium on Uranium Raw Material for the Nuclear Fuel …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended March 31, 2023. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should …