Philippine President Ferdinand Marcos Jr. met on Monday with the head of Emirates Nuclear Energy Corp., Mohammed Al-Hammadi, as the government seeks to include atomic power in its energy mix. The Philippines has been exploring clean and sustainable options to generate power, as the country regularly suffers power outages and faces high tariffs. Coal remains …
The company’s OPTIMUS-H system is now approved under the US Nuclear Regulatory Commission (NRC) 10 CFR Part 71 regulation with a certificate of compliance effective from 5 August. It has already been approved under Canadian Nuclear Safety Commission (CNSC) certification CNSC Certificate Number CDN/2098/B(U)F-96 and associated Validation Certificate Number AUS/2021-94/B(U)F in Australia. NAC’s OPTIMUS – …
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 June 30, 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion and …
CEO John Hopkins expressed optimism over a bipartisan nuclear support law and a new DOE solicitation on SMRs amid efforts to close deals with U.S. data center operators. The July enactment of the Advanced Nuclear for Clean Energy, or ADVANCE, Act and the U.S. Department of Energy’s June announcement of up to $900 million in funding for early small …
It’s no secret that artificial intelligence (AI) is integral to our future. AI has been a catalyst fueling this year’s stock market rally. Seven of the nine largest companies in the S&P 500 Index are tech and AI-related stocks, which have helped propel the Index to record highs in July. AI impacts multiple facets of …
Building on a partnership forged in the successful completion of Unit 6 Major Component Replacement (MCR) and with the Unit 3 steam generator replacement set to begin, Bruce Power has signed a $700-million contract for the replacement of steam generators in the remaining MCR outages in Units 5, 7 and 8. The Steam Generator Replacement …
The Federal Court of Australia has made an interim order to stay the decision to refuse the renewal of Energy Resources of Australia’s (ASX:ERA) Jabiluka Uranium Mine mineral lease in the Northern Territory. This news follows on from Energy Resources of Australia pursuing legal proceedings in relation to the decision not to renew Jabiluka’s mineral lease. On …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the mineralized zone at Patterson Corridor East (PCE) has materially expanded since the original discovery in the 2024 Winter Program (see NexGen News Release dated March 11, 2024). The Summer Drill Program commenced May 21st, with eight (8) out of twelve (12) drillholes …
Uranium miners in the United States produced more than 82,000 pounds of uranium concentrate in the first quarter of 2024, more than in all of 2023. Domestic uranium mines produced 50,000 pounds of triuranium octoxide (U3O8), also called uranium concentrate, in 2023, a significant decrease from the 194,000 pounds produced in 2022. Production declined in …
In short: WA Mines Minister David Michael has ruled out any change to the Cook government’s long-standing policy on uranium mining. There is an effective ban on mining the mineral in WA, where only one uranium mine is permitted to operate. What’s next? Peter Dutton says the ban is “ideologically based” and should be overturned. …
