State representatives unveil bipartisan plan to spur nuclear energy generation in Michigan

Legislators aim to make Michigan a national leader in nuclear energy field A bipartisan effort is underway in the Michigan House of Representatives to encourage safe, clean and reliable nuclear energy generation in the state. State Reps Pauline Wendzel (R-Bainbridge Township), Joey Andrews (D-St. Joseph), Jamie Thompson (R-Brownstown), Mike McFall (D-Hazel Park), Sam Steckloff (D-Farmington …

Construction of new nuclear power reactor starts in south China

The construction of a new reactor forming part of a nuclear power project in the city of Lufeng in south China’s Guangdong Province began on Monday, according to China General Nuclear Power Group (CGN). Adopting CAP1000, a third-generation pressurized water reactor design, the construction of the No. 1 reactor will incorporate modular construction, digital building …

V.PTU Reports Results from Tabbernor Project Geophysical Survey

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today announced initial results of its recently completed airborne FALCON gravity survey across the 81,817-hectare Tabbernor Project, located near the southeastern edge of Saskatchewan’s Athabasca Basin. “The results of our FALCON gravity survey have provided a critical next step in refining priority targets at Tabbernor.” said …

South Korean company to build container ship powered by small modular reactor

HD Korea Shipbuilding and Offshore Engineering (HD KSOE) is developing a project for a container vessel utilizing small modular reactor technology. A year ago it started joint research with United States–based startup TerraPower on next generation SMRs. The maritime transportation industry is designing solutions for a clean energy transition. Among them is a vision by HD Korea Shipbuilding …

South Korea to build two new reactors, one SMR by 2038

Workers at Doosan Enerbility’s casting and forging plant in Changwon, South Korea, manufacture components for NuScale Power’s small modular reactor (SMR) in May 2023./Doosan Enerbility South Korea finalized its 11th Basic Plan for Long-Term Electricity Supply and Demand on Feb. 19, outlining energy supply and generation strategies for 2024 through 2038. Released every two years, …

Laramide Releases Final Results from 2024 Drill Campaign at Westmoreland; Updated Resource Estimate on Track for Q1 Delivery

Highlights: Laramide’s largest program ever with 106 holes completed Multiple targets tested including infill and extensional drilling of known zones and greenfield targets in both Queensland and the Northern Territory Consistent observation from results demonstrates the potential and scope for broad mineralisation styles enveloping narrow high-grade intercepts The consistency and scalability underscore economic viability and reinforce Westmoreland’s position as …

Poll shows rising support for uranium mining in WA

ew polling data reveals that a majority of West Australians support lifting the state’s uranium mining ban, as the global demand for the commodity continues to rise. The survey, conducted by Painted Dog Research and commissioned by the Association of Mining and Exploration Companies (Amec), found that 57% of respondents were in favour of overturning the uranium mining prohibition implemented in 2017. This marks an …

T.CCO Reports 2024 Fourth Quarter Results

Cameco announces 2024 results; strong performance across all segments; Westinghouse distribution; strategy centered on marketing, production, financial discipline expected to generate full-cycle value; positive outlook for nuclear energy Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2024, in accordance with International …

T.CCO sees uranium cost jump up for US customers if Trump’s tariffs go into play

Canadian uranium miner and producer Cameco says prices for US customers could rise by 10% if President Trump’s tariffs are implemented, weighing heavily on the country that relies primarily on imports of the ore. Executives on the company’s earnings call also said they could look to diversify away from the US to opportunities in other …