The U3O8 spot price dropped 12.89 percent in the first quarter of 2019 to US$25.35 per pound, likely as a result of the widespread economic slowdown. Despite the downturn weighing on the sector, a number of uranium miners, explorers and producers have remained profitable, reporting share price growth over the Q1 period. In addition to …
Purepoint Uranium Group says it has finished the initial fieldwork at the Hook Lake joint venture. The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district, between Fission’s Triple R deposit and NexGen’s Arrow deposit. Hook Lake is owned jointly by Cameco Corp. (39.5%), Orano Canada (39.5%) and Purepoint …
The world’s energy future could mean very good things for Canadian uranium exploration. As countries around the world seek to increase energy capacity without raising carbon emissions, governments in developed and developing nations alike are turning back to nuclear power. As of February 2019, there were about 50 nuclear reactors under construction around the world. …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX: PTU.V) announced today that it has completed its initial 2019 fieldwork at the Hook Lake JV, a project owned jointly by Cameco Corp. (39.5%), Orano Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). The project lies on the southwestern edge of Saskatchewan’s Athabasca Basin and …
China is taking a leading role in nuclear power construction, People’s Daily reported on Saturday. With 54 nuclear power units under construction in 17 countries and regions in 2018, 11 are in China, making the country the world leader in construction of nuclear power units for years, China National Nuclear Corporation Chairman Yu Jianfeng said …
GoviEx Uranium Inc. has received a letter signed by Hassan Braze Moussa, Minister of Mines, Republic of Niger, supporting a commercial framework reached between GoviEx and the government of Niger during previously held high-level meetings. The support letter further directs GoviEx and the respective Ministry of Mines representatives to work together to finalize and document …
There is once again talk in Kazakhstan of constructing a nuclear power plant (NPP) — a proposal that’s been debated on and off since the late 1990s. This time, the idea seems to have quickly picked up momentum. President Vladimir Putin proposed Russian help to build such a plant when he met with Kazakhstan’s new …
The flagship of the Trump administration’s advanced nuclear power research program could cost up to 40 percent more than a government official estimated earlier this year, a U.S. Department of Energy document shows. Energy Secretary Rick Perry has tried to breathe life into the country’s nuclear power industry, which is suffering in the face of …
The team of the Rooppur NPP, which is now being constructed in Bangladesh following the Rosatom State Corporation’s project, has arrived to the Novovoronezh NPP to undertake their practical training. The first group of seven has already started the classes. This practical training for the Bangladeshi specialists is held under the bilateral agreement, according to …
Amid a Europe-wide debate over the future of nuclear power in a renewable energy future, Spain has rolled out a schedule to close its seven nuclear power plants. This move comes as the government proposes an ambitious clean energy plan to shift away from fossil fuels completely by 2050. Spain’s main electricity providers have reached …