Miner predicts uranium price could soar as supply deficit grows in coming years At current prices ‘there is no incentive to build new mines’ Uranium supply shortfall could reach 50 million pounds this year Uranium prices could triple to $US100 per pound (A$140/pound) on a looming supply crisis for the generation fuel just as a …
Zone of Intense Mineralization Continues to Expand in the Southern Extension Area Vancouver, BC, October 15, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report additional intersections of strong radioactivity from the on-going drilling program at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the …
TORONTO, Oct. 14, 2020 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that today it has closed its previously announced public offering (the “Offering”) of common shares of the Company (the “Common Shares”). View PDF version. The Company issued 51,347,321 Common Shares, at a price of US$0.37 per Common Share, for …
Uranium miners have been battered for years by low prices, but market forces and policy changes could push companies to consolidate. Hundreds of uranium companies around the globe shut down in the face of low prices over the past decade, and there is widespread agreement that the number needs to be even lower. “Of the …
Drill Program Expanded to Test High-Grade Extensions of “J” Fault Open to the South and to the East Vancouver, BC, October 13, 2020 – IsoEnergy Ltd. (“IsoEnergy” or the “Company”) (TSXV: ISO; OTCQX: ISENF) is pleased to report additional chemical assays from the summer drilling program at the Hurricane zone. The Hurricane zone is a recent …
Ultra Safe Nuclear Corporation (USNC) is proposing to deploy its Micro Modular Reactor (MMR) at sites in Idaho and Illinois by 2026 through partnerships with Idaho National Laboratory (INL) and the University of Illinois at Urbana-Champaign (UIUC). The proposals are part of the US Department of Energy’s Advanced Reactor Demonstration Program, which aims to accelerate …
Bruce Power and Westinghouse Electric Company have agreed to pursue applications of Westinghouse’s eVinci micro reactor programme within Canada. The companies said the agreement supports efforts by the federal and provincial governments to study applications for nuclear technology to reach their goal of a Net Zero Canada by 2050. Over the next year, the work …
Cold functional testing has been completed at unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province, China National Nuclear Corporation (CNNC) has announced. The ACPR1000 reactor is scheduled to enter commercial operation by the end of 2021. Cold functional tests are carried out to confirm whether components and systems important to safety …
TORONTO, Oct. 8, 2020 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has agreed with Cantor Fitzgerald Canada Corporation (“CFCC”) and Haywood Securities Inc. (“Haywood”), as co-lead underwriters and joint book-runners (the “Co-Lead Underwriters”) on behalf of themselves and a syndicate of underwriters, including Canaccord Genuity Corp., …
Nuclear energy could help the UK achieve net-zero carbon emissions by 2050, not only through the generation of low-carbon electricity but also by fully utilising the generated heat, according to a policy briefing published yesterday by the Royal Society. This heat could be used to heat homes, produce hydrogen and decarbonise industry, it says. The …