V.GXU appoints Feasibility Study consultants

GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx” or “Company”) today announced the appointment of SRK Consulting (UK) Ltd (“SRK”) and SGS Bateman (Pty) Ltd (“SGS”) as the consultants for the completion of a feasibility study for the Madaouela Project (the “Feasibility Study”). SRK and SGS were part of the team that completed the pre-feasibility …

Hope To Send Uranium Shipment To India In Near Future: Australia

Australia’s High Commissioner to India, Harinder Sidhu, on Tuesday expressed hope that the country would be sending a consignment of uranium to India in the “near future”. Speaking at the Australia Fest in Delhi, Mr Sidhu said, “Foreign Minister Julie Bishop was here (in India last year) and after prime minister’s visit, she had mentioned …

Challenging the nuclear finance status quo

Financial challenges facing nuclear energy need to be tackled by disrupting the status quo to help drive down costs, delegates heard at the recent World Nuclear Association 2018 Symposium in London. Excluding nuclear energy drives up the cost of electricity in future low-carbon scenario projections, Idaho National Laboratory’s David Petti, executive director of the recently released MIT …

IAEA, Russia sign agreement on uranium transportation to Kazakhstan

International Atomic Energy Agency and the Russian Federation have signed Sept. 17 an implementing agreement on the transportation of low enriched uranium (LEU) and equipment necessary for the functioning of the IAEA’s LEU Bank in Kazakhstan, RIA Novosti reported. The agreement has been signed by Oleg Kozin, Deputy General Director for Logistics of Techsnabexport JSC, …

IAEA highlights nuclear’s role in combating climate change

Nuclear power can make a “vital contribution to meeting climate change targets while delivering the increasingly large quantities of electricity needed for global economic development,” according to a new report by International Atomic Energy Agency (IAEA). The report, Climate Change and Nuclear Power 2018, was published last week and has been updated from the last report …

T.DML Discovers Uranium Mineralization Three Kilometres Northeast of the Huskie Zone, Waterbury Lake Project

Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to report a new discovery of uranium mineralization on the Company’s Waterbury Lake project, located in the infrastructure rich eastern portion of the Athabasca Basin region in northern Saskatchewan. Basement-hosted uranium mineralization was intersected in two drill holes, approximately three kilometres …

Here’s why investors are starting to put uranium in the battery metal basket

It’s clear that electric cars will have a huge impact on battery metals — but not many investors realise the impact they will have on demand for uranium. Electric vehicles (or “EVs”) will be charged from mains power around the clock, dramatically increasing power demand from the electricity grid in coming years. Nuclear power is expected to play a crucial role …