Highlights: Paladin announces an off-market takeover offer for the shares in Summit it does not presently own Consideration of one (1) new Paladin share for every one (1) Summit share held Paladin currently holds 82.08% of the ordinary shares in Summit If successful, Offer would result in approximately 39.1M new Paladin shares being issued to …
The development of renewable energy, nuclear power and, to a smaller extent, oil shale is key to cutting energy and subsidy bills and meeting growing power demand. A major challenge facing Jordan in the coming months and years is reducing the country’s energy and subsidy bills while allaying public concerns over rising electricity costs. In …
An International Atomic Energy Agency (IAEA) team of experts has concluded a twelve-day mission to the Kingdom of Saudi Arabia to review its development of infrastructure for a nuclear power programme. The Integrated Nuclear Infrastructure Review (INIR), which ended on 24 July, was carried out at the invitation of the Government of Saudi Arabia. Saudi …
The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …
As a young adult fishing on Guntersville Lake in Northeast Alabama, U.S. Rep. Mo Brooks, R-Ala., recalls the thousands of workers employed building the Bellefonte Nuclear Power Plant and its giant twin cooling towers that tower over the lakefront skyline. Most of those workers left when construction was halted three decades ago when the Tennessee …
South Korea’s Korea Electric Power Corp (KEPCO) (015760.KS) has lost its preferred bidder status to buy Toshiba’s (6502.T) NuGen nuclear project in Britain as Toshiba looks at other alternatives, the Japanese company said on Tuesday. The project in Moorside, northwest England, was expected to provide around 7 percent of Britain’s electricity when built, but has …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) announces that due to strong interest the Company has increased its non-brokered private placement financing to aggregate gross proceeds of approx. CAD $2.5 million. The Company has increased its placement from 3,250,000 units of the Company (the “Units”) to 3,600,000 Units at a price of …
EXCLUSIVE TO SIGHTLINE U3O8 – This month’s UComparables edition will focus on the Uranium Explorers’ ability to be project generators and de-risk exploration by accessing capital from partners to fund the high-risk and expensive drilling phases of exploration. A project generator (“PG”) is defined as a company that acquires and maintains a portfolio of multiple …
Nuclear power will be essential for meeting the UK’s greenhouse gas targets, concluded a new report by Imperial energy experts. The energy sector is one of the biggest culprits for greenhouse gas emissions in the UK due to its historical reliance on burning fossil fuels. Many experts believe that combining new, lower-cost renewable technologies with …
In the face of rockbottom uranium prices, Cameco is indefinitely shutting down its Key Lake mill and McArthur River mines. Denis O’Hara, 61, has worked for Saskatchewan-based Cameco Corp. in its Key Lake uranium mill for eight years and had hoped to retire there. Instead, he learned on Wednesday evening that he and about 500 …
