V.GXU and Niger government to develop Madaouela

Further to its news release of April 8, 2019, GoviEx Uranium Inc. has, through its wholly owned subsidiary, GoviEx Niger Holdings Ltd., entered into definitive agreements with the Republic of Niger to finalize the commercial terms to progress GoviEx’s flagship Madaouela uranium project in Niger. “On behalf of all GoviEx stakeholders, we warmly welcome the …

US regulator seeks to improve efficiency

The US Nuclear Regulatory Commission (NRC) has proposed a reduction in the frequency and scope of inspections at the country’s more than 90 nuclear power units to help reduce costs and improve efficiency. In response, the Nuclear Energy Institute (NEI) said “smarter regulations” can help nuclear plant owners and operators allocate time and resources to …

China launches small reactor project in push for nuclear dominance

China has started building its first small modular reactor (SMR) project on the island province of Hainan, the state-owned China National Nuclear Corporation (CNNC) said on Thursday, as part of the country’s efforts to diversify its nuclear sector. The project was originally scheduled to go into construction in 2017. The company did not say when …

V.GLO Announces Significant Resource Upgrade at DASA Project

Global Atomic Corporation (“Global Atomic” or the “Company”) is pleased to announce the results of the new Mineral Resource Estimate (“MRE”), calculated by CSA Global Pty. Ltd., (“CSA Global”), of Perth, Western Australia, incorporating drill, probe and chemical assay data compiled from work programs on the DASA Project during 2017, 2018 and 2019.  In addition, …

V.PLU Announces Successful Metallurgical Program Results at its Falchani Lithium Project

Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V: PLU | OTCQB: PLUUF) is pleased to announce the completion of the Phase II metallurgical test work program for its Falchani lithium project (“Falchani”) at ANSTO Minerals (“ANSTO”) laboratories. Working alongside ANSTO were DRA Global (“DRA”), the lead for the upcoming Falchani preliminary economic assessment (“PEA”) …

Parties must close gap with reality in talks on nuclear power

Any discussion on nuclear power policy should be based on reality. In their Upper House election campaign platforms, the ruling Liberal Democratic Party and its junior coalition partner, Komeito, say they will allow more restarts of nuclear reactors in line with the government’s Basic Energy Plan. The plan defines nuclear energy as a mainstay source …

Kazatomprom JSC welcomes Trump’s refusal from restrictions on uranium import

JSC National Atomic Company “Kazatomprom” on July 15 issued a statement following the President of the United States’ decision to leave the current U.S. uranium market unchanged. “We welcome President Trump’s decision to decline the pursuit of restrictive trade actions on imports of uranium,” said Galymzhan Pirmatov, Kazatomprom’s Chief Executive Officer. “Kazatomprom reiterates its long-held …

Why The World Needs More Nuclear Power

Nuclear: By the Numbers In 2018, the world produced 2,701 terawatt-hours (TWh) of nuclear power. This represents a slight decline over the past decade, but that’s somewhat misleading. Global nuclear power production dropped by 10% from 2010 t0 2012, a consequence of the 2011 Fukushima Daiichi nuclear disaster in Japan. But global nuclear power generation has …

EFR.T Commends President Trump on his Decision to Reinvigorate the Nuclear Fuel Supply Chain and Looks Forward to Working with the Trump Administration to Support the U.S. Uranium Mining Industry; First Land Cleanup Contract Signed

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), the largest uranium producer in the U.S., is pleased to announce that our petition, filed jointly with Ur-Energy Inc. under Section 232 of the Trade Expansion Act of 1962, has been very successful. It has demonstrated the national security risks to the …