Safety Remains Key to Long Term Operation of Armenia’s Nuclear Power Plant

IAEA Director General Yukiya Amano met with Armenian President Armen Sarkissian during his visit to Yerevan, the capital. (Photo: Office of the President of Armenia) The IAEA will continue its cooperation with Armenia to ensure the highest safety standards at the Armenian Nuclear Power Plant (ANPP), IAEA Director General Yukiya Amano said in Yerevan, Armenia yesterday. …

Egypt presses ahead with nuclear power

Egypt’s Nuclear and Radiological Regulatory Authority (ENRRA) has approved the site of al-Dabaa in the first step of the licensing process required to build a nuclear station. The ENRRA oversees nuclear activities in Egypt to ensure the safety and security of people, property and the environment from the risk of radiation. The nuclear power station at al-Dabaa will be built …

Cameco Gets Environmental Approval for Australian Uranium Project

Uranium miner Cameco (TSX:CCO,NYSE:CCJ) received an important approval from the Australian Federal Department of Environment and Energy last week to advance the Yeelirrie uranium site. Located in the remote Northern Goldfields region of Western Australia, Yeelirrie is one the country’s largest undeveloped uranium deposits. Cameco acquired the project in 2012 from BHP (ASX:BHP,NYSE:BBL,LSE:BHP) and was …

T.NXE announces the commencement of an environmental assessment for the Rook I project

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce the acceptance of a Project Description (Technical Proposal) by the Canadian Nuclear Safety Commission (“CNSC”) and the Saskatchewan Ministry of Environment (“MOE”). The acceptance marks the commencement of an Environmental Assessment (“EA”) on the Rook I Project (the “Project”) in accordance with …

Yellow Cake PLC hails robust market fundamentals for uranium

“Rising demand and constrained supply, together with the steady run-off of long-term contracts has created a positive price environment” Physical uranium stockpiler Yellow Cake PLC (LON:YCA) said the recent pullback in spot prices presented a good buying opportunity as it remained confident in the long-term outlook for the radioactive metal. The global spot uranium price softened to …

Japan to shut down nuclear plants if counterterror steps not taken in time

Japan’s nuclear regulator decided Wednesday not to let power companies operate reactors if they fail to install sufficient counterterrorism measures by specified deadlines. The decision by the Nuclear Regulation Authority came after three utilities that operate five nuclear plants in western and southwestern Japan requested that their deadlines be extended as they expect delays in …

‘We may scale up supply of uranium to India’: Kazakhstan ambassador Bulat Sarsenbayev

Kazakhstan, the world’s largest producer of uranium, is looking at scaling up its supply of the key energy source to India from 5,000 tonnes during 2015-19 to more than 7,500 tonnes over the next five years, Kazakh ambassador Bulat Sarsenbayev said on Wednesday. The Central Asian nation, with the second largest uranium reserves or almost …