V.PTU Prepares for Follow-Up Drill Program at Red Willow Project

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today the commencement of mobilization efforts at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. This past winter’s drilling intersected uranium mineralization along 1.2 kilometres of strike length associated with the northern area of the Osprey …

Japan’s nuclear drumbeat quickens as public demands energy fix

Japan’s power generation mix, nuclear fleet This analysis is by Bloomberg Intelligence Senior Industry Analyst Henik Fung and Associate Analyst Chia Cheng Chen. It appeared first on the Bloomberg Terminal. The energy equivalent of a Greek chorus is beating the drums for Japan to fire up its nuclear plants, with public support rising to 60% …

Oklo Relaunches NRC Licensing Process for Nuclear Microreactor

A rendering of the Aurora powerhouse, a 1.5-MW fission power system being developed by Oklo Inc. Source: Oklo Inc. Oklo, the developer of the much-watched 1.5-MW Aurora microreactor, has submitted a recharged licensing project plan (LPP) with the Nuclear Regulatory Commission (NRC), launching a renewed effort that could help the advanced nuclear reactor developer set …

T.GLO Shareholders Exercise Warrants and Contribute Over C$10 Million to the Funding of the Dasa Project

Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX:GLO, OTC:QX:GLATF, Frankfurt:G12) is pleased to announce the successful conclusion of shareholders exercising warrants that were issued along with common shares in March 2021 primarily to advance the Company’s Dasa Uranium Project in the Republic of Niger. Since these warrants were issued, 3.12 million C$3 investor warrants …

Tepco to revise power prices for industry, factoring in nuclear restart

Tokyo Electric Power Company (Tepco) (9501.T) said on Friday it will revise its pricing for high-voltage industry customers next year to reflect soaring costs, but will take into account the assumed restart of the No.7 unit of its Kashiwazaki-Kariwa nuclear power plant. Tepco President Tomoaki Kobayakawa told a news conference of the new pricing policy, including the …

A Nuclear Renaissance Means More Competition For Uranium

A worldwide nuclear renaissance led by Japan, some countries in Europe (despite German obfuscation), and hopefully the USA, is changing the international uranium market. Uranium producers across the world are forecasting a long-term embrace of nuclear power driving up demand for Uranium and are adjusting accordingly. These producers are not content to just quickly cash in from an ephemeral price …

IAEA assesses Romania’s SMR site selection process

The International Atomic Energy Agency (IAEA) has conducted its first ever Site and External Events Design (SEED) mission to look into site selection for a small modular reactor (SMR). The three-day mission to Romania was conducted last month at the request of Nuclearelectrica. Nuclearelectrica and NuScale are cooperating with the US Trade and Development Agency …

FANC open to extending life of Doel 3 nuclear reactor

The Federal Agency for Nuclear Control (FANC) appears to be open to postponing preparations for the Doel 3 reactor’s dismantlement, as will be discussed by the Federal Government at an upcoming meeting. On Wednesday, it was reported that the Doel 3 power station would be permanently decommissioned on 23 September and would no longer supply roughly 7,500 …

U.UEC Expands Wyoming Hub and Spoke ISR Platform with Additional Resources and Filing of S-K 1300 Report

This filing marks the largest S-K 1300 uranium resources reported in the United States combining UEC’s recently acquired Uranium One Americas, Inc. (“U1A”) and Anfield Energy assets together with the Reno Creek Project. The Irigaray Processing Plant is the Hub central to eleven satellite In-Situ Recovery (ISR) projects across the Powder River Basin (“PRB”) and …