T.GLO Announces Q1 2024 Results

Dasa Uranium Project Remains on Schedule to Produce Yellowcake in Q1 2026 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, 2024.  For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion …

T.NXE Closes C$224 Million CDI Offering in Australia

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has closed its previously announced offering (the “Offering“) of 20,161,290 common shares, settled in the form of CHESS Depository Interests (“CDIs“), at a price of C$11.11 per share (based on the daily average exchange rate of A$1.00 = C$0.8963 published the Bank of Canada on April 29, …

China, France usher in new chapter of nuclear power cooperation

This year marks the 60th anniversary of the establishment of diplomatic relations between China and France. Yu Jianfeng, chairman of China National Nuclear Corporation (CNNC), held in-depth talks with Chinese and French entrepreneurs about the green economy and low-carbon transition at the closing ceremony of the sixth meeting of the China-France Business Council on May …

OPG expects nuclear construction on first SMR to begin in 2025

Ontario Power Generation (OPG) expects nuclear construction work on its first small modular reactor (SMR) to begin in 2025, according to filings submitted to Canadian regulators. The provincial utility is planning to build a total of four SMRs at the Darlington nuclear site and would use  GE Hitachi’s BWRX-300 reactor technology. The four units once deployed would produce a …

T.CCO Announces Election of Directors

Cameco (TSX: CCO; NYSE: CCJ) has announced the election of eight board members at its annual meeting held on May 9, 2024. Shareholders elected board members Daniel Camus, Tammy Cook-Searson, Catherine Gignac, Tim Gitzel, Kathryn Jackson, Don Kayne, Dominique Minière and Leontine van Leeuwen-Atkins. The annual meeting also marked the retirement of Don Deranger and Jim …

T.NXE rises on US$250M uranium purchase

Shares of NexGen Energy (TSX: NXE; NYSE: NXE; ASX: NXG) rose on Thursday as the uranium developer inked an agreement with MMCap International to buy 2.7 million lb. of uranium concentrate. The deal is valued at US$250 million based on the metal’s five-day average spot price. MMCap International is a Grand Cayman-based fund with US$546 million in assets under …

Barrasso Bill to Ban Russian Uranium to Become Law

Today, U.S. Senator John Barrasso (R-WY), ranking member of the Senate Committee on Energy and Natural Resources (ENR), spoke on the Senate Floor about his legislation to ban the import of Russian uranium. The legislation, which recently passed the Senate with unanimous support, now heads to the White House to become law. Reclaiming American nuclear energy is …