The world’s largest uranium producer Kazatomprom reported Monday that its full-year 2020 uranium production of 10,736 tonnes of uranium (reported as U3O8) was within the guidance despite a 19% production drop over 13,291 tonnes mined in 2019. The company said that on both a 100% and attributable basis, production volumes for the fourth quarter and …
OSAKA – The mayor of the town of Takahama in Fukui Prefecture granted permission Monday for the restart of the Nos. 1 and 2 reactors at Kansai Electric Power Co.’s Takahama Nuclear Power Plant, becoming the first local leader in the nation to approve use of nuclear reactors more than 40 years old. The Takahama No. …
KELOWNA, BC , Feb. 1, 2021 /CNW/ – FISSION URANIUM CORP. (” Fission ” or ” the Company “) is pleased to announce drilling plans for 2021, which include a 43-hole ( 12,640 m ) program at its PLS property – host to the large, high-grade and near surface Triple R deposit – in Saskatchewan, Canada . The fully funded program aims to increase the Indicated classified resource …
Pressure mounts around controversial Retortillo uranium mine project in Spain as Berkeley Energia threatens to claim EUR 500 million (US$603.45 million) from the Spanish government if proposed climate law jeopardizes authorization for Retortillo. Local media sources reported yesterday that Francisco Bellón, president of Berkeley Spain, advised that they will activate all the legal mechanisms at …
Commodities are starting to revive after a 10-year bear market. Natural resources like energy, metals, and agriculture look set for an extended run, and investors should get on board. The recovery in commodity prices, Goldman Sachs analysts say, “will actually be the beginning of a much longer structural bull market” that could rival that of …
Saskatoon, Saskatchewan, Canada, January 31, 2021 Cameco (TSX: CCO; NYSE: CCJ) marked the successful closure today of the binding Membership Interest Purchase Agreement (MIPA) between Cameco Corporation, Silex Systems Limited (Silex) and GE-Hitachi Nuclear Energy, completing the ownership restructuring of Global Laser Enrichment LLC (GLE). With the restructuring, Cameco’s interest in GLE increases from 24% to …
TORONTO, Jan. 28, 2021 /CNW/ – Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE: DNN) is pleased to report the results from the 2020 regional exploration program at the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”), including the discovery of new high-grade unconformity-hosted uranium mineralization up to 7.66% U3O8. Drill hole WR-741AD2, which …
Toronto, Ontario, January 28, 2021 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) today announced that drilling program at Hook Lake has begun. Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada. The Hook Lake Project lies on …
Over the past two decades, the US Nuclear Regulatory Commission (NRC) has been captured by the nuclear power companies it is supposed to regulate. The process of capture and resulting erosion of regulation has been driven in part by the increasingly poor economics of nuclear energy as companies struggle to avoid large costs due to …
Added to Solactive Global Uranium Pure-Play Index TORONTO, ONTARIO, January 26, 2021 – Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX-V:PLU | OTCQB:PLUUF) is pleased to announce positive uranium prospecting and sampling results extending existing drilled deposit trends and identifying new anomalies for future exploration drill testing at the Company’s Macusani Uranium Project area …
