Denison Mines Corp. (“Denison” or the “Company”) (DML: TSX, DNN: NYSE American) is pleased to announce that today it has closed its previously announced public offering (the “Offering”) of common shares of the Company (the “Common Shares”). The Company issued 28,750,000 Common Shares, at a price of USD$0.20 per Common Share, for total gross proceeds of USD$5,750,000, which includes …
The IAEA and the National Nuclear Laboratory (NNL) of the United Kingdom have agreed to strengthen their cooperation in support of a sustainable future for nuclear power, including activities on existing and emerging nuclear reactor technologies as well as decommissioning and radioactive waste management. The two organizations have signed a Practical Arrangement, building on a …
The price of uranium, the radioactive material used to fuel nuclear power stations, has entered a bull market following another big hit to supply. On Tuesday, Kazakh miner Kazatomprom slashed its 2020 production forecast by up to 10.4m pounds, equivalent to 8 per cent of global supply, because of government-imposed measures to mitigate the spread …
Canada’s Cameco (TSX:CCO) (NYSE:CCJ), the world’s largest publicly traded uranium miner, is placing its plant at the Port Hope conversion facility, in Ontario, in a temporary safe shutdown state for four weeks. The move comes as the company faces the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put …
Cameco (TSX: CCO; NYSE: CCJ) announced today that it is implementing a number of temporary operational changes at its fuel services division facilities in Ontario. The changes are due to the increasing challenge of maintaining an adequate workforce as a result of screening protocols and other measures put in place to align with the directives …
Cameco (TSX: CCO; NYSE: CCJ) responded to the announcement issued today by JSC National Atomic Company “Kazatomprom” (Kazatomprom) that it is reducing operational activities across all of its uranium mines for an expected period of three months due to the risks posed by the Coronavirus (COVID-19) pandemic. According to Kazatomprom, this decision will result in …
FISSION URANIUM CORP.(“Fission” or “the Company”) is pleased to announce the closing of a US$10 million senior secured credit facility (the “Facility”) with Sprott Resource Lending II (Collector) L.P. (“Sprott”) subject to the terms and conditions set forth in the credit agreement (the “Credit Agreement”). Fission will use the proceeds from the Facility to fund …
JSC National Atomic Company “Kazatomprom” (“Kazatomprom” or “the Company”) announces the following update related to the impact of the COVID-19 outbreak on the Company’s business. “As the impact of COVID-19 continues to be felt around the world, Kazakhstan has taken strong steps to slow the spread of the virus,” said Galymzhan Pirmatov, chief executive officer …
To swap out the spent uranium rods, hundreds of technicians from around the country must work in close quarters for weeks. That’s a challenge during a quarantine. EACH SPRING, NEARLY 1,000 highly specialized technicians from around the US descend on the Palo Verde Nuclear Generating Station near Phoenix, Arizona, to refuel one of the plant’s three nuclear …
Last month, TerraPower’s President and CEO Chris Levesque testified before the House Energy and Commerce Committee about what the country and the world must do to transition to a clean energy economy. As an American company, TerraPower has a duty to innovate in clean energy, a duty that has been reinforced in these trying times. …