China’s nuclear reactor building spree

Chinese officials say the nation’s humming economy means that no fewer than eight, million-kilowatt class nuclear reactors must enter service each year to help keep the nation’s electricity supply in pace with demand, while not adding more pollutants to the already fragile environment. China Nuclear Power Engineering Co., Ltd. General Manager Liu Wei told reporters …

V.FUU Completes Binding Earn-In Agreement for up to $22mm with Rhyolite

Fission 3.0 Corp. (“Fission 3” or the “Company”) is pleased to announce that, further to its news release on August 16, 2018, it has entered into a binding agreement (the “Earn-In Agreement”) with Rhyolite Lithium Corp. (“Rhyolite”), pursuant to which Rhyolite can earn up to an 80% interest in Fission 3’s mining concessions located in …

T.AZZ Announces $3.0 Million Private Placement

AZARGA URANIUM CORP. (TSX: AZZ, OTCQB: AZZUF, FRA: P8AA) (“Azarga Uranium” or the “Company”) is pleased to announce it has arranged a non-brokered private placement of up to 13,000,000 units (each, a “Unit”) at a price of $0.23 per Unit to raise proceeds of approximately $3.0 million (the “Financing”). Commitments of $3.0 million have been received, …

Trump’s energy budget makes coal and nuclear a priority over renewables

President Trump’s fiscal 2020 budget energy priorities emphasize coal, nuclear and national security over renewable energy and climate change. The Energy Department’s renewable energy office’s budget is slashed by 70 percent, from $2.3 billion to just under $700 million, in the new fiscal 2020 budget request to Congress rolled out on Monday. Instead, the funds …

T.FCU Hits Strong Mineralization Outside of Current High-Grade Domain Model and Advances Mine Planning

FISSION URANIUM CORP. (“Fission” or “the Company”) is pleased to announce results from three holes of the Winter work program at its’ PLS property in Canada’s Athabasca Basin region. The three holes were drilled on the R780E zone with the dual-purpose of resource expansion and geotechnical testing of rock-mechanics for mine planning. Â All three …

U.UEC Files Fiscal 2019 Q2 Report

Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to report, in accordance with NYSE American requirements, the filing of the Company’s quarterly report on Form 10-Q for the six months ended January 31, 2019 with the U.S. Securities and Exchange Commission (the “SEC”).  This Form 10-Q filing, which includes the Company’s …

U.EFR Announces 2018 Results

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the year ended December 31, 2018. The Company’s Annual Report on Form 10-K has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System …

Uranium Week: Even More Complicated

Congress has now weighed into the 232 debate, potentially further delaying a decision from the White House. Congress moves to curb presidential power Uncertainty constraining uranium market volumes Last week the chairman of the US Senate Finance Committee, Republican Charles Grassley, directed his staff to work with senators on both sides of the aisle to …

V.PLU Creates Falchani Project Advisory Board

Plateau Energy Metals Inc. (“Plateau” or the “Company”) (TSX VENTURE: PLU | OTCQB: PLUUF) is pleased to announce the creation of an advisory board in support of the ongoing advancement of the Company’s Falchani lithium project (“Falchani”). Highlights Advisory board created with deep experience in lithium processing and project design and engineering from study work …