Uranium Week: Producers Up The Ante

Producer buying appears to be becoming more urgent as spot uranium hits a two and a half year high. -Producer buying continues -Prices continue to rise -Utilities weighing up the situation By Greg Peel Producers of uranium again moved into the spot market early last week, prompting sellers to back off. Producers are meant to …

Russia offers cooperating in construction of floating NPP to Indonesia

Russia offers cooperation in respect of construction of floating nuclear thermal power plants (FNTPP) to Indonesia, Minister of Industry and Trade Denis Manturov said on Friday at the meeting of the bilateral intergovernmental commission on trade and economic cooperation. “Cooperation in the sphere of engineering and construction of high-technology vessels and high-speed vessels is of …

Sheffield’s nuclear power manufacturing plans ‘could receive government support’

Plans to make small nuclear reactors in Sheffield could receive government support, business secretary Greg Clark said, but its backers would have to demonstrate the electricity they produced was competitively priced. Mr Clark said he was aware of a Sheffield University-led project to start manufacturing equipment for reactors, with the aim for SMRs to be …

EDF restarts 1.5 GW Chooz-1 nuclear reactor Oct 26 after river flow concerns ease

France’s EDF reconnected its 1.5 GW Chooz-1 nuclear reactor back to the national electricity grid on Friday, around two weeks after the unit was taken offline due to concerns over water flow thresholds of the river Meuse. Nuclear power plant operator EDF on Sunday said reactor-1 at its Chooz nuclear station ramped up to maximum …

T.UEX: Drilling Returns 1.21% U3O8 over 2.7 m at Christie Lake; Global X Uranium ETF Completes Rebalancing

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the results of the summer drilling program in the Shoreline area at the Christie Lake Project. The summer program’s main goal was to test the unconformity intersection of the Yalowega Trend in the 350 m wide gap in drilling between the Ken Pen Deposit …

T.DML announces completion of transaction to increase interest in the Wheeler River Uranium Project to 90%

Denison Mines Corp. (“Denison” or the “Company”) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed the previously announced transaction (the “Transaction”) with Cameco Corporation (“Cameco”), whereby Denison has acquired all of Cameco’s minority interest in the Wheeler River Uranium Project (“Wheeler River” or the “Project”). Denison now holds a 90% …