Phase 2 of the public hearing for NB Power’s licence renewal application for the Point Lepreau Nuclear Generating Station got underway Tuesday in Saint John. NB Power continued to plead its case to the Canadian Nuclear Safety Commission (CNSC) for a first-in-Canada 25-year renewal that would see operations continue into 2047. Representatives for the corporation said this timeframe would …
A boat passes the nuclear plant on Three Mile Island as seen from Goldsboro, Pennsylvania, with the operational plant run by Exelon Generation, across the Susquehanna river in Middletown, Pennsylvania on March 26, 2019. Industry supporters want nuclear treated like wind, solar Opponents see mining, waste, safety as climate liability Nuclear power’s zero-emissions profile is …
“Sprott continued to deliver outstanding financial results in the first quarter of 2022, as Assets Under Management (“AUM”) increased to $23.7 billion, up $3.2 billion (16%) from December 31, 2021. Net income was $6.5 million ($0.26 per share), up $3.3 million ($0.13 per share) from the quarter ended March 31, 2021. Adjusted base EBITDA was …
The pouring of concrete has been completed for the foundation slab of the conventional island for the ACP100 multi-purpose small modular reactor (SMR) demonstration project at the Changjiang nuclear power plant on China’s island province of Hainan. The final concrete for the foundation slab was poured at 2.00am on 3 May, China National Nuclear Corporation …
US Energy Secretary Jennifer Granholm said on Thursday that the United States was working on a strategy to ensure steady uranium supply and that the country should not be sending any more money to Russia. Republican Senator John Barrasso, the top Republican on the Senate energy committee, asked Granholm at a hearing on President Joe Biden’s proposed …
As British Prime Minister Boris Johnson crisscrossed the country Wednesday promising to build a new nuclear power station every year, the French nuclear giant EDF was preparing a statement saying the only nuclear station currently being built in the UK was going to be delayed yet again as costs continued to rise. Johnson visited half …
Japan’s Prime Minister Fumio Kishida said on Thursday that it would use nuclear reactors to help reduce its own and other countries’ dependence on Russian energy. Japan has become more reliant on Russian gas since shutting down nuclear reactors after the 2011 Fukushima disaster in which an earthquake and tsunami triggered a meltdown, devastating its …
Cameco reports first quarter results, beginning to benefit from strategic decisions as uranium prices improve; well-positioned with leverage to market transition Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2022 in accordance with International Financial Reporting Standards (IFRS). “With the recent uranium price increase, …
Skyharbour Resources Ltd.’s (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) partner company, Basin Uranium Corp. (“Basin Uranium”) is pleased to announce it has completed the second diamond drill hole at the Mann Lake uranium project in Saskatchewan’s prolific Athabasca Basin. The Mann Lake project is located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the first quarter ended March 31, 2022 in accordance with International Financial Reporting Standards (IFRS). “With the recent uranium price increase, we are beginning to enjoy the benefits of the strategic and deliberate decisions we have made. And, with leverage to …
