Japan now has 16 reactors that meet requirements

Japan now has 16 reactors at nine nuclear power plants that have cleared government requirements adopted after the 2011 Fukushima accident. The No.2 reactor at Tohoku Electric Power Company’s Onagawa plant in Miyagi Prefecture, and the reactor at Japan Atomic Power Company’s Tokai No.2 plant in Ibaraki Prefecture were affected by the 2011 earthquake and …

Nuclear power stations will create 6,000 UK ‘levelling up’ jobs by 2025 and 40,000 in 15 years in a boost to green economic recovery

The UK SMR consortium, led by Rolls-Royce, has announced it expects to create 6,000 regional UK jobs within the next five years, if the UK Government makes a clear commitment that enables a fleet of 16 small modular reactor (SMR) power stations to be built over the next 20 years. The power stations will help …

T.CCO Investor Webcast Advisory

Cameco (TSX: CCO; NYSE: CCJ) announced today that President and CEO, Tim Gitzel, will be speaking at the RBC Capital Markets Global Mining and Materials Conference being held virtually on November 16 & 17, 2020. The presentation will occur on Monday, November 16 at 9:45 a.m. Eastern and will be available by audiocast on cameco.com. …

Russia retires Leningrad 2 RBMK

The Leningrad 2 nuclear power unit in in Sosnovy Bor in Western Russia was shut down permanently today. The RBMK, which has been in operation for 45 years, is to be replaced by Leningrad II-2, a VVER-1200, which on 6 November received regulatory approval to start pilot operation. Russian state nuclear corporation Rosatom said Leningrad 2 …

Senate proposes spending increase at environmental agencies

The Republican-led Senate is proposing modest spending increases for environmental agencies compared to last year’s budget, diverging from proposed cuts that the Trump White House put forward earlier this year. In its $38 billion Interior-environment spending bill for fiscal 2021, the Senate Appropriations Committee proposed giving about $13.6 billion to the Interior Department and about $9.09 billion to the Environmental …

V.PTU: JV Partners Approve Upcoming Program at Hook Lake

Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that the upcoming winter exploration program at Hook Lake, (see News Release October 1, 2020), has now been approved by the JV partners.  Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson …

T.DML announces decision to resume formal Environmental Assessment process for Wheeler River

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce its decision to restart the formal Environmental Assessment (“EA”) process for the 90% owned Wheeler River Uranium Project (“Wheeler River” or the “Project”) effective January 2021.  The decision to resume the EA process marks the end of the temporary suspension …

T.CCO Reports Q3 – Well Positioned, Strengthened Balance Sheet, Supported by Cigar Lake Startup

Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the third quarter ended September 30, 2020 in accordance with International Financial Reporting Standards (IFRS). “As expected, our results continue to be impacted by the pro-active operational decisions taken earlier this year,” said Tim Gitzel, Cameco’s president and CEO. “We believe …