The UAE is looking to export its nuclear energy prowess around the world, with a focus on the US — where an artificial intelligence boom is driving growth in power demand. “We want to capitalize on our success,” the CEO of Emirates Nuclear Energy Co. told the Financial Times, noting how the US holds particular appeal given …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that its joint-venture partner, Orano Canada Inc. (“Orano”), is planning a substantial 2025 exploration and drilling program at the 49,635 hectare Preston Uranium Project (“Preston” or the “Property”) located in the western Athabasca Basin, Saskatchewan, Canada. The drilling program will consist of approximately 6,000 …
Sprott CEO John Ciampaglia remains bullish on the uranium markets, citing rising term prices, increased utility interest and the global nuclear renaissance fueled by clean energy needs and AI-driven power demands. Ciampaglia expects uranium prices to strengthen as pent-up demand grows, driven by reactor life extensions, new builds and geopolitical supply disruptions. Video Transcript John …
EDF has signalled that Britain’s fleet of ageing nuclear power plants can keep running into the next decade amid a scramble to hit Ed Miliband’s clean power targets. The company on Monday said it aimed to “maximise output” from the remaining gas-cooled nuclear reactors to “2030+”, providing this can be agreed with regulators. It is the …
Constellation Energy, Vistra Corp., Talen Energy and GE Vernova tumbled in early trading as China’s DeepSeek AI lab debuted, scaring investors with a lower-cost business model. Constellation, Vistra and GE Vernova were leading the S&P 500 this year as investors speculated on AI’s power needs. Now, the arrival of DeepSeek is raising questions about how …
Cameco (TSX: CCO; NYSE: CCJ) was informed by our partner, National Atomic Company Kazatomprom JSC (Kazatomprom), and Joint Venture Inkai LLP (JV Inkai) that the Inkai operation has resumed production. Cameco and Kazatomprom are now working with JV Inkai to determine the impact of the production suspension on the operation’s 2025 production plans. Kazatomprom holds a …
Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a potentially longer and more expensive process of hooking into a fraying electric grid that serves everyone else. It’s raising questions over whether diverting power to higher-paying customers …
Global Atomic Corporation (“Global Atomic” or the “Company“) (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) is pleased to announce that due to significant investor demand, the Company has increased the maximum gross proceeds of its previously announced non-brokered private placement (the “Offering“) from C$30,000,000 to C$36,000,000. Under the revised Offering, the Company will sell up to 45,000,000 units of the …
Thirty-year extension would create thousands of jobs and low-cost emissions-free power The Ontario government has approved Ontario Power Generation’s (OPG) plan to proceed with the Project Definition Phase, the next step toward refurbishing Pickering Nuclear Generating Station’s “B” units to secure more power and create thousands of jobs across the province. As part of the …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$30,000,000 from the sale of up to 37,500,000 units of the Company (each, a “Unit”) at a price of C$0.80 per Unit. Red Cloud Securities Inc. will be acting as …
