US federal funding granted for SSR technology development

Moltex Energy USA LLC has been awarded USD2.55 million of US federal funding to develop technologies that will be capable of shortening Stable Salt Reactor (SSR) construction timelines to under three years. The funding, from the US Department of Energy’s Advanced Research Project Agency-Energy (ARPA-E), will be used to develop composite structural technologies (COST) for …

Uranium and Its Uses

Uranium is a radioactive actinide metal that is widely known as the fuel for nuclear power plants. It is an atom with 92 protons and 92 electrons that melts at approximately 1132°C.[1] It was first discovered by a German chemist, Martin Heinrich Klaproth in 1789 in a mineral pitchblende. Although it is a metal, uranium is …

Rössing sale gets NaCC nod

THE Namibian Competition Commission has approved the N$1,5 billion Rössing Uranium mine acquisition by China National Uranium Corporation. In a statement released yesterday, the commission said they had approved the acquisition with conditions for China National Uranium Corporation (CNUC) to acquire the entire issued share capital of Rio Tinto Overseas Holding Limited, thus gaining control …

Energy Department Invests Nearly $50 Million at National Laboratories and Universities to Advance Nuclear Technology

The U.S. Department of Energy (DOE) today announced $49.3 million in nuclear energy research, facility access, crosscutting technology development, and infrastructure awards for 58 advanced nuclear technology projects in 25 states. The awards fall under DOE’s nuclear energy programs called the Nuclear Energy University Program (NEUP), the Nuclear Science User Facilities (NSUF) program, and crosscutting …

Turkey set to pull out of nuclear power project with Japan

Turkey’s President Erdoğan said the country’s second nuclear power plant project, which had been slated for construction in Turkey’s Black Sea province of Sinop under a Japanese-French partnership, is set to be terminated, Japanese newspaper Nikkei reported on Wednesday. In 2013, Turkey signed a contract with Atmea, a Japanese-French consortium comprising Mitsubishi Heavy Industries and …

V.FUU hits alteration, faulting at Cree Bay; Plans follow-up drilling

FISSION 3.0 CORP. (“Fission 3” or “the Company”) is pleased to announce that the first pass drill program at its Cree Bay property in the Athabasca Basin region of Saskatchewan, Canada, has encountered significant faulting, strong hydrothermal alteration and elevated concentrations of pathfinder elements in both holes. Pathfinder elements (such as uranium and boron), can …

T.DML announces initiation of ISR field testing as the summer field program commences at Wheeler River

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce the commencement of In-Situ Recovery (“ISR”) field testing, as part of an active summer 2019 field program planned for the Company’s 90% owned Wheeler River Uranium Project (“Wheeler River”) in northern Saskatchewan, Canada. Key components of the field program include: …

V.PTU: Work Resumes at Smart Lake

Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSXV: PTU) announced today that it is preparing to commence an initial program at the Smart Lake JV, a project owned jointly by Cameco Corp. (73%) and Purepoint Uranium Group Inc. (27%).  The Smart Lake property is situated in the southwestern portion of the Athabasca Basin, approximately …