Nuclear power’s benefits for climate change should outweigh our fears

On July 14, Senate Democrats introduced their plan to push $3.5 trillion in federal spending through the reconciliation process, in order to add climate change provisions long-sought by progressives to the highly contested infrastructure bill. These provisions restrict fossil fuels in the economy and commit the United States to dramatically increase clean energy use. Reducing …

Economic groups regard S. Korea’s energy transition roadmap as excessive

SEOUL — A draft road map presented by a special presidential committee contained a broad national goal to achieve net-zero carbon dioxide emissions by 2050 in response to a global agenda for fighting climate change. Economic groups acknowledged the need for specific action plans but opposed any radical steps that could undermine the competitiveness of …

ISL development of Russian uranium deposit given regulatory approval

VNIPIpromtechnologii, JSC – the engineering centre of Rosatom’s mining division ARMZ Uranium Holding Co – has received a “positive opinion” on design work and engineering surveys for in-situ leach (ISL) development at the Kolichikan uranium deposit from the Russian State Expert Examination Board, Glavgosekspertiza. This means development of the deposit, in the Khiagda orefield, can …

T.DML Reports Results from Q2 2021

Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the quarter ended June 30, 2021. Both documents will be available on the Company’s website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents …

ISL development of Russian uranium deposit given regulatory approval

VNIPIpromtechnologii, JSC – the engineering centre of Rosatom’s mining division ARMZ Uranium Holding Co – has received a “positive opinion” on design work and engineering surveys for in-situ leach (ISL) development at the Kolichikan uranium deposit from the Russian State Expert Examination Board, Glavgosekspertiza. This means development of the deposit, in the Khiagda orefield, can …

V.EU Announces Uranium Sales Agreement

CORPUS CHRISTI, Texas, Aug. 4, 2021 /PRNewswire/ – enCore Energy Corp. (TSXV: EU) (OTCQB: ENCUF) (the “Company“) is  pleased to announce, as stated in the Company’s objective to advance its South Texas uranium facilities towards production, enCore has executed a uranium purchase and sales agreement (“Agreement”) with UG USA, Inc. The 5-year Agreement covers 2 …

T.DML Reports Decision to Increase Anticipated ISR Mining Head Grade at Phoenix by 50%

TORONTO, Aug. 4, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to report positive interim results from the ongoing metallurgical test program for the planned In-Situ Recovery (“ISR”) mining operation at the Phoenix uranium deposit (“Phoenix”), located on the Company’s 90% owned Wheeler River Uranium Project (“Wheeler …

T.DML Acquires 50% of JCU (Canada) Exploration Company, Limited and Increases Effective Interest in Wheeler River to 95%

TORONTO, Aug. 3, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce the completion of its acquisition of 50% ownership of JCU (Canada) Exploration Company, Limited (“JCU”), from UEX Corporation (“UEX”), for cash consideration of $20.5 million.  Denison’s acquisition of a 50% interest in JCU occurred immediately …

T.UEX Closes the JCU Transaction and the Denison Agreement

Saskatoon, Saskatchewan, August 3, 2021 – UEX Corporation (TSX:UEX, OTCQB:UEXCF)(“UEX” or the “Company”) is pleased to announce that UEX has closed the transaction (the “JCU Transaction”) with Overseas Uranium Resources Development Co., Ltd. (“OURD”) to acquire OURD’s wholly-owned subsidiary JCU (Canada) Exploration Company, Limited (“JCU”), as disclosed in UEX’s news releases dated April 22, 2021 …

Bipartisan $1 trillion Senate infrastructure bill focuses on nuclear, carbon capture, transmission

A bipartisan group of senators on Sunday unveiled its nearly $1 trillion infrastructure bill, formalized into text following a 67-32 consensus to advance the legislation. The vote to advance the bill included the support of 17 Republicans. The approximately 2,700-page bill would invest billions of dollars in transmission and grid infrastructure, new advanced nuclear plants as …