The first criticality was achieved in China’s high-temperature gas-cooled reactor (HTGR) nuclear power demonstration project in Rongcheng, East China’s Shandong province, on September 12. This marks another example of major progress made by the project following the completion of cold and hot functional tests at the plant’s two reactors, as well as its first fuel …
TORONTO , Sept. 15, 2021 /CNW/ – Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) today provided an update on critical aspects of the Dasa Uranium Project in the Republic of Niger . Internal Review of the Feasibility Study (“FS”) the Company is currently engaged in an internal review of key elements of the …
September 15, 2021, Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce it has it has received an aggregate CAD $584,995 from the exercise of share purchase warrants and stock options since its news release dated August 11th, 2021. A total of 2,191,111 warrants and stock options …
Toronto, Ontario, September 14, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) today confirmed that it has contracted crews and resources to commence drilling later this month at its 100% owned Henday Lake project located within the eastern margin of Saskatchewan’s Athabasca Basin. “With this year’s strengthening of the uranium …
September 14, 2021, Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the initial set of diamond drill results from its 2021 summer diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to …
Democrats on the U.S. House Committee on Ways and Means released a raft of proposed new and revised tax credits late Sept. 10 as part of a $3.5 trillion budget reconciliation package aimed in part at avoiding the worst effects of climate change. The committee’s tax proposals include major extensions of existing production and investment …
A new uranium fund that’s snapping up supplies signals the start of a lasting bull run for the commodity used to power nuclear plants. That’s the view of Nick Piquard, a portfolio manager at Horizons ETFs, who expects prices to soar above $60 a pound in the coming months. That would be about 40% higher …
Summary Uranium is the critical commodity for nuclear energy production, and it is hot in the news recently. The market lives in a perpetual mining supply/utility demand imbalance and relies on non-conventional, secondary supply to survive. Recently Sprott Physical Trust entered the market and generated chaos with frenetic buy. With the proper government backing, the …
Investment funds are shaping the uranium spot market leading to an unprecedented level of demand. How those funds will affect the availability of secondary supplies of uranium to consumers remains to be seen, and the spot market should not be seen as a reliable source for significant purchases of uranium ore in the long term, …
Consideration of small modular reactors (SMRs) for the Caribbean island of Puerto Rico is advancing to the second stage. Having concluded such a deployment was feasible, the Nuclear Alternative Project (NAP) is now looking at siting requirements. Speaking at World Nuclear Association’s Annual Symposium yesterday, Eddie Guerra of NAP said the results of a study …