Cold functional tests have been completed at unit 1 of the San’ao nuclear power plant in China’s Zhejiang province, China General Nuclear has announced. The unit is the first of six HPR1000s (Hualong Ones) planned at the site. Cold functional tests are carried out to confirm whether components and systems important to safety are properly …
Niger wants Russian firms to invest in uranium and other natural resource production, its mining minister said on Wednesday, amid an ongoing dispute with former colonial master France. French nuclear group Orano halted uranium output in Niger last month as relations soured with the military junta that seized power in July 2023. “We have already …
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 September 30, 2024. For more detail, please refer to the Condensed Interim Consolidated Financial Statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2024, …
At the COP29 UN climate change conference taking place in Baku, Azerbaijan, six more countries – El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria and Turkey – have added their support for the tripling of global nuclear energy capacity by 2050. During COP28 – held in Dubai, UAE, in December last year – 25 countries backed a …
Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed a technical report for the Inkai operation on a voluntary basis under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”). The technical report is being filed to provide updated information relating to the Inkai operation and not as a result of …
NexGen’s 2024 exploration campaign delivered a new discovery on Rook I at Patterson Corridor East (“PCE”) 3.5km east of Arrow. Subsequent drilling has materially expanded the mineralized zone to 600 m strike length and 600 m vertical extent with 19 of 30 holes intersecting mineralization including 10 holes with multiple intervals >10,000 cps. Today’s announcement highlights the best hole to …
President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology as a round-the-clock source of carbon-free power. President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology …
“You’re going to see this kind of burst of activity that will be signing contracts that will come to reality in ’27, ’28, ’29, when we see acceleration of load growth,” said Duke Energy’s Brian Savoy. Duke Energy signed agreements in the third quarter of this year to connect 2 GW of new data centers, and anticipates …
Chugoku Electric Power Co. notified the Nuclear Regulation Authority on Monday that it plans to restart the No. 2 reactor at its Shimane nuclear power plant in western Japan on Dec. 7. The Shimane No. 2 unit will be the second boiling water reactor, after the No. 2 unit at Tohoku Electric Power Co.’s Onagawa …
NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC acquired from Rio Tinto in 2022 for $150-million, is projected to deliver substantial economic returns. The PEA estimates a post-tax net present value of $946-million for Roughrider, with an internal rate of …
