Saskatoon, Saskatchewan, December 21, 2020 – UEX Corporation (TSX:UEX) (“UEX” or the “Company”) is pleased to announce the Company’s 2021 preliminary exploration plans at the Hidden Bay, West Bear, and Christie Lake Projects, located in the eastern Athabasca Basin of northern Saskatchewan (see Figure 1). UEX’s 2021 exploration program will consist of drilling on three …
Nuclear power capacity able to supply roughly 60 million homes is scheduled to close this decade as utilities struggle to replace northwest Europe’s ageing reactors, raising the risk of higher carbon emissions as fossil fuels plug the gap. Nuclear power provides around a quarter of the European Union’s electricity generation, with 15 of the 27 …
Last weekend, Russian nuclear power plants (branches of Rosenergoatom JSC, part of the Electric Power Division of Rosatom) fulfilled ahead of schedule the annual state task of the Federal Antimonopoly Service (FAS) to generate electricity in the amount of 207.614 billion kWh. During the same period in 2019, 202.124 billion kWh were generated. Despite a …
The Canadian government has launched a strategy that sees low-carbon and zero-emission hydrogen fuel technology as a key part of the nation’s path to net-zero carbon emissions by 2050. The strategy is underpinned by a federal investment of CAD1.5 billion (USD1.2 billion) in a Low-carbon and Zero-emissions Fuels Fund to increase the production and use …
For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services Toronto, Ontario, December 18, 2020 – Purepoint Uranium Group Inc. (TSXV: PTU) (“Purepoint” or the “Company”) is pleased to announce the closing of its non-brokered private placement (the “Private Placement”) previously announced on December 1, 2020. In connection …
Two individuals working at Cameco Corporation’s northern Saskatchewan operations have tested positive today for COVID-19. The results are being sent for confirmation to the provincial lab and will be classified as presumptive positives until we have confirmation. An individual at Cigar Lake tested positive after being identified as a close contact to a positive case …
Researchers show that deep reinforcement learning can be used to design more efficient nuclear reactors. In this AI-designed layout for a boiling water reactor, fuel rods are ideally positioned around two fixed water rods to burn more efficiently. MIT researchers ran the equivalent of 36,000 simulations to find the optimal configurations, which could extend the …
Nuclear-produced hydrogen, using electrolyser technology, could have a “sizeable contribution” to make in the development of the hydrogen economy, according to a new report from the New Nuclear Watch Institute (NNWI) think-tank. However, it says the realisation of those benefits will depend on the adoption of technology-neutral policies, which do not discriminate against nuclear power. …
The world’s largest operating uranium mine will be temporarily suspended, further disrupting a market “already coiled like a spring”. In 2020, COVID-19 interruptions to uranium supply has doubled the structural deficit – the difference between supply and demand — to 40 million pounds. That’s more than 20 per cent of annual uranium consumption. Yesterday, major …
For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services Toronto, Ontario, December 15, 2020– Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) announced today that it has increased the size of offering of its previously announced $1,250,000 Private Placement (December 8, 2020) to $1,925,400. Due to the …
