Although uranium market challenges are easing, Cameco CEO Tim Gitzel says there is still far to go before the Canadian uranium company restarts operations at McArthur River/Key Lake. Gitzel made the comment during the presentation of its second quarter results yesterday. The company reported a net loss of CAD23 million (USD17.5 million) for the second quarter of …
China National Nuclear Corporation (CNNC) has confirmed plans to begin work by the end of the year on the Linglong One small modular reactor (SMR) following a nine-year research and development programme. The first concrete will be poured for the 125MW pressurised water reactor in December at the Changjiang nuclear plant on the island of …
Boris Johnson expressed his “passionate” support for nuclear power when he addressed the House of Commons for the first time as UK prime minister yesterday. Seven of the country’s eight existing nuclear plants are set to be retired by 2030, while new-build projects have faced financial uncertainty over the last two years. Johnson was asked …
The photo taken on July 25, 2019 shows the Rossing Uranium handover ceremony near the town of Swakopmund, Namibia. The Anglo-Australian mining giant Rio Tinto officially handed over Namibian uranium mine Rossing to its new majority shareholder, China National Nuclear Corporation (CNNC) at an event Thursday in Rossing Mine near the coastal town of Swakopmund. …
The UK obtained 19% of its primary energy from low-carbon sources last year, with 39% of this from nuclear power, but this was 7% lower than in 2017 due to outages at Dungeness B and Hunterston B towards the end of 2018, official statistics published today show. Nuclear capacity was broadly the same as in …
China has started construction on three new nuclear power plants in the provinces of Shandong, Fujian and Guangdong, the country’s energy regulator said on Thursday, marking the end of a moratorium on new projects. Li Fulong, head of the development and planning office of the National Energy Administration (NEA), told reporters at a briefing that …
The operator of the nuclear plant wrecked by a 2011 earthquake and tsunami said Wednesday that it will decommission four more reactors in northeastern Japan in addition to those already being scrapped. Tokyo Electric Power Company Holdings said a final decision on dismantling the four reactors at the Fukushima Dai-ni plant will be formally approved …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2019 in accordance with International Financial Reporting Standards (IFRS). “Our results reflect the outlook we provided for 2019 and the normal quarterly variations in contract deliveries, which are weighted to the second half of the …
Director General of Rosatom Atomic Energy Corporation Alexey Likhachev and the Minister of Energy and Natural Resources Fatih Dönmez held a working meeting at the construction site of the Akkuyu nuclear power plant in the Turkish province of Mersin. The parties acknowledged the progress of the construction works, discussed localization of supplies and involvement of …
The South African Young Nuclear Professional Society (SAYNPS) urges the minister to follow through with plans to return the South African nuclear industry to its former glory. Following Minister Gwede Mantashe’s Mineral Resources and Energy Budget Vote Speech earlier this month, the organisation is very optimistic about the future of the nuclear industry in South …
