The second VVER-1200 reactor at the Leningrad nuclear power plant in western Russia began commercial operation today. Leningrad II-2 is the fourth VVER-1200 in operation in Russia and beings the total number of nuclear power units in the country to 38. The VVER-1200 has a 200-megawatt bigger capacity than, and a design life twice as …
Summary “We still think we are a long way from the exit” says Brian Laks from Old West Investment Management, a firm which launched a fund focused on the uranium opportunity. We catch up almost a year later after our first interview and a strong rally in uranium equities, as institutional investors have been entering …
Russia will help Armenia extend the life of its nuclear power plant in Metsamor for another 10 years, according to the director of the station. Addressing a conference in Yerevan on the development of nuclear energy in Armenia on March 18, Movses Vardanian said that a working group is being set up jointly with the …
Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO) (OTCQX: GLATF) (Frankfurt: G12) is pleased to report on the successful completion of a Pilot Plant Program demonstrating the viability of the uranium recovery process detailed in the May 2020 Preliminary Economic Assessment (PEA) for the Dasa Project located in the Republic of Niger , West Africa . The Pilot Plant …
A group of South Korean firms has signed a partnership agreement with Egyptian state-owned construction company Petrojet to help train Egyptian employees for the planned El Dabaa nuclear power plant, which is to be built by Russia. A construction licence for the El Dabaa plant is expected to be issued in the second-half of 2021. …
Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce that it has entered into an engagement letter agreement (the “Engagement Agreement”) with Red Cloud Securities Inc. (“Red Cloud”) pursuant to which Red Cloud will act as lead agent and bookrunner to sell up to C$5.0 million in units of the …
Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce that mobilization has begun for its 2021 geophysical and diamond drilling programs at its flagship 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. The Company has …
Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report that it has secured 800,000 pounds of additional U.S. warehoused uranium, consisting of 500,000 pounds for April delivery and 300,000 pounds for December delivery. Including the previously announced acquisition of 400,000 pounds, UEC has now entered into contracts to purchase a …
It serves as a critical support link powering the fuel needs of the country’s nuclear power programme Nuclear Fuel Complex is in the process of expediting the implementation of the Rs 4,200 crore second facility coming up at Kota in Rajasthan. The Hyderabad-based strategic PSU serves as a critical support link powering the fuel needs …
This is the third in a series of blogs from the Global Public Affairs webinar Nuclear Power: Part of Canada’s Energy Transition. If you want to learn more from some of Canada’s top nuclear experts, don’t miss the previous blog in this series: What are SMRs? And what is their role in decarbonization and electrification? …
