The Trump administration intends to invest $115 million over the next three years to reopen a uranium enrichment plant in southern Ohio. The decision by the U.S. Department of Energy is subject to final approval by federal regulators but could result in 60 new jobs initially, according to an announcement by Sen. Rob Portman, R-Ohio. …
A top Trump administration official called on Bill Gates to work with the Energy Department on building an advanced nuclear reactor in America after the billionaire shelved plans to do so in China. Driving the news: Gates said late last year that his nuclear-energy company, TerraPower, won’t be building a pilot project in China due to restrictions the Energy …
All the main equipment has now been installed at the first of two demonstration Hualong One units under construction at the Fuqing site in China’s Fujian province. Installation of the steam generators has begun at the second unit. Installation of the third and final main reactor coolant pump at Fuqing unit 5 was completed on …
Analysis by the Nuclear Energy Agency (NEA) has found that regardless of the role nuclear energy will play in meeting future electricity demand and global climate objectives, global supplies of Uranium are projected to meet world demand for the foreseeable future. The NEA reported its findings in the study, Uranium 2018: Resources, Production and Demand. The …
2018 has been a challenging year for those of us who speculate in the junior resource space. But, despite one of the toughest years I’ve ever seen, there’s a lot to look forward to in 2019. Earlier this year when everything was rosy, the overall indices and all cryptocurrencies were going straight up (where’d all …
Saudi Arabia’s population has grown from 4 million in 1960 to over 31 million in 2016. It is the main electricity consumer and producer in the Gulf region, with 345 trillion watts of gross production in 2016, of which 41 percent was produced from oil and 59 percent from gas. The electricity consumption in the …
The new Philippe Coste uranium conversion plant at Orano’s Tricastin site in southern France has now been commissioned following the completion of a test programme. Orano said that during the testing programme the plant’s process equipment was progressively started up so that the complete manufacturing line could be tried out. The major equipment of the …
Laramide Resources Ltd. (“Laramide” or the “Company”) is pleased to announce the results of its maiden independent Mineral Resource Estimate (the “Resource Estimate”) prepared using the CIM Definitions (2014) as incorporated in NI 43-101 for the Company’s 100% owned Crownpoint Uranium Project (the “Project” or “Crownpoint”), located in New Mexico, United States. The Resource Estimate …
UEX Corporation (UEX:TSX) (“UEX” or the “Company”), is pleased to announce the maiden mineral resource statement for the Christie Lake Uranium Project (the “Project”). The Mineral Resource Statement was prepared by Dr. Aleksandr Mitrofanov, P.Geo., supported by Dr. David Machuca, P.Eng., and Mr. Glen Cole, P.Geo. of SRK Consulting (Canada) Inc. in accordance with Canadian …
The company behind a £12bn new nuclear power plant in Wales has said it is making every effort to ensure the project goes ahead. Hitachi said it had “not given up” on its plans for Wylfa Newydd, Anglesey. It follows speculation the company was considering scrapping the Horizon project due to potential increases in construction costs. Executive …
