Planned small nuclear project reaches milestone with more Utah cities signing on

Enough communities in Utah and elsewhere have agreed to purchase nuclear power from a small modular reactor planned at the Idaho National Laboratory, triggering a next phase in its development. Participating members in the Carbon Free Power Project signed contracts that total more than 150 megawatts, which means there will be an increased focus on …

Uranium Reclaims The Headlines But Its Got A Long Way To Go Before Reclaiming Investor Confidence

It’s been a long road back for uranium since the 2011 Fukushima nuclear reactor melt-down in Japan and there could be further to travel despite a promising uptick in the price of the fuel after last week’s decision by the U.S. President, Donald Trump, to not ban imports of the material. Apart from safety considerations …

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 …