Cameco (TSX: CCO; NYSE: CCJ) received notification that the Canada Revenue Agency (CRA) has filed an appeal with the Federal Court of Appeal regarding the Tax Court of Canada (Tax Court) decision of September 26, 2018 which found in favour of Cameco for tax years 2003, 2005 and 2006. “We are disappointed that the CRA …
The French government will decide on whether or not to build a new generation of EPR reactors between 2021 and 2025, Agence France Presse (AFP) reported on Friday, citing a working document. France’s nuclear industry could be asked to draw an “industrial plan” by mid-2021 that would guarantee future EPR reactors are able to produce …
French utility EDF said on Thursday that electricity generation at its 3,600 megawatts (MW) Tricastin nuclear plant could be restricted from Oct. 27 due to the forecast flow rate of the Rhone river where it draws water to cool the reactors. The Tricastin plant in the southeast of France has four 900 megawatt reactors. Low …
Tohoku Electric Power Co. said Thursday it will scrap the idled No. 1 unit at its Onagawa nuclear power plant in Miyagi Prefecture, more than 30 years after it started operations. The company cited difficulties in taking additional safety measures as well as the relatively small output of the reactor that made it unprofitable. Tohoku …
Unit 1 of India’s Kaiga nuclear power plant has completed its 895th day of continuous operation, a new world record for continuous operation of a pressurised heavy water reactor (PHWR) and the second-longest for a nuclear power reactor of any type. The 220 MWe Indian-designed and domestically fuelled reactor has now operated without a break …
Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”) is pleased to provide the following updates on activities at the Company’s La Sal Complex of uranium/vanadium mines, in addition to recent positive federal government actions that affect the Company’s projects. Initial Results of Test-Mining Program Targeting Vanadium at La Sal Complex …
Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today announced its plans for the Hook Lake drill program scheduled to commence this winter. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. “In consultation with our …
Hours after pro-nuclear activists from Europe and the United States rallied in Germany to protest that nation’s replacement of nuclear plants with fossil fuels, Taiwan’s electoral commission gave the green light to a November referendum on the future of nuclear power “We are overjoyed,” said Taiwanese pro-nuclear leader, Shih-hsiu Huang. “If we win, we will immediately …
The Fukushima Daiichi accident shaped not only Japanese but also Chinese public opinion, and dramatically altered Beijing’s plans for the expansion of its own nuclear energy program. Seven years later, however, China may be returning to ambitious plans for its nuclear future. In 2010, China laid out its roadmap to the future of nuclear power …
Kazakhstan plans to produce a total of 21,600 mt of uranium in 2018, a decrease of almost 20% compared with the previously forecast 27,000 mt, Riaz Rizvi, Kazatomprom’s chief commercial officer said in an interview. Rizvi said the company also planned to implement similar production cuts of around 20% in 2019 and 2020. Kazatomprom has …
