URAA Taps Into Rising Uranium Demand Amid Booming Interest In AI And Nuclear

Among the rising demand for critical minerals is a surge in uranium mining stocks that corresponds to advancements in artificial intelligence (AI) and a push for greater use of nuclear energy. Many people are viewing nuclear energy as a viable source due to its low greenhouse gas profile while also delivering the highest capacity. Essential to nuclear energy is …

Apollo Commits to £4.5 Billion Financing for Électricité de France, Marking the Largest Sterling-Denominated Private Credit Transaction

Apollo (NYSE: APO) today announced that Apollo-managed affiliates, funds, and strategic accounts have signed an agreement to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (“EDF”) pursuant to its €50 billion Euro Medium Term Note (“EMTN”) program. Proceeds from the financing will be used primarily to finance EDF projects …

New York to Build One of First U.S. Nuclear-Power Plants in Generation

Gov. Hochul directs state’s public electric utility to add at least 1 gigawatt of new nuclear-power production New York intends to build a large nuclear-power facility, the first major new U.S. plant undertaken in more than 15 years and a big test of President Trump’s promise to expedite permitting for such projects. Gov. Kathy Hochul said in an interview …

Sprott Physical Uranium Trust Closes Upsized US$200 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. This press release constitutes a “designated news release” for the purposes of the Trust’s amended and restated prospectus supplement dated December 6, 2024 to its base shelf …

Niger to nationalize Somair uranium venture operated by Orano

Niger plans to nationalize the Somair uranium mine operated by France’s Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup in the West African nation. Niger’s decision to nationalize Somair comes amid a wave of mine nationalizations across West Africa, prompting concerns from global miners …

NANO Nuclear and the Namibian Government Sign Memorandum of Understanding to Develop Namibian Domestic Nuclear Fuel Supply Chain Infrastructure

Figure 1 -NANO Nuclear Energy Inc. Chief Executive Officer James Walker and Richwell Lukonga, Chief Executive Officer of the Namibia Industrial Development Agency following the signing of the MoU. NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today …

Bills to amend nuclear energy laws ‘may’ be introduced in Monsoon Session: Minister

Centre may consider amendments to Atomic Energy Act, Civil Liability for Nuclear Damage Act as promised by Finance Minister while announcing nuclear energy mission; could remove hurdles for private investment The Union government may consider legislation to amend aspects of the Atomic Energy Act and the Civil Liability for Nuclear Damage Act in the upcoming Monsoon Session …

Ontario nuclear plan could boost uranium mining

Ontario is preparing to expand its nuclear energy capacity to meet rising electricity demand, a move that could support uranium consumption and create opportunities for critical-mineral development. The Energy for Generations plan, released this month, sets out Ontario’s integrated long-term strategy to modernize the grid, expand transmission and guide power supply as demand is expected to rise …

T.GLO Announces Private Placement of up to C$30 Million

Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$30,000,000 from the sale of up to 37,500,000 units of the Company (each, a “Unit”) at a price of C$0.80 per Unit. Canaccord Genuity Corp. …