Uranium Exploration in Canada: The Athabasca Basin

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. …

V.PTU: Completes Initial 2019 Program at Hook Lake

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 …

Government of Niger and T.GXU agree on framework to jointly develop Goviex’s flagship Madaouela Project

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 …

U.S. test nuclear reactor may run up to 40 percent over cost

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 Rooppur NPP (Bangladesh) specialists have started their practical training at the Novovoronezh NPP

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 …

Romania to sign agreement with Chinese investors for nuclear plant expansion

Romania’s nuclear power producer Nuclearelectrica is close to signing an agreement with Chinese partner China General Nuclear Power Corporation (CGN) and CGN’s European subsidiary on setting up the joint company that will develop two new reactors at the Cernavoda nuclear plant. Next week, Nuclearelectrica’s shareholders will mandate the company’s management to sign the contract, Profit.ro reported. The …