Steady growth in nuclear generation continues

Global nuclear power generation in 2017 increased for the fifth consecutive year, reaching 2506 TWh, according to a new World Nuclear Association report. The Association says the industry is on target to meet the near-term goals of its Harmony programme. In the World Nuclear Performance Report 2018, the Association details power generation and construction achievements for the …

V.FUU: Rhyolite to spend $22 M to earn 80% of Fission 3.0’s Peruvian assets

Fission 3.0 Corp. (“Fission 3” or the “Company”) announces that it has entered into a binding letter of intent (the “Letter of Intent”) with Rhyolite Lithium Corp. (“Rhyolite”) pursuant to which Rhyolite can earn up to an 80% interest in Fission 3’s mining concessions located in Peru (the “Peruvian Assets”) by spending approximately C$22 million …

T.MGA Proposes Private Placement

Mega Uranium Ltd. (MGA: TSX) (“Mega”) announces today that it is proposing to complete a non-brokered private placement to sell up to 6,818,182 units (the ” Units”) at a price of $0.11 per Unit, for aggregate gross proceeds of up to $750,000 (the “Financing”). Each Unit will consist of one common share and one common …

China’s plan to become a nuclear energy powerhouse

If China achieves the targets outlined in its Energy Development Strategy Action Plan, it will become the world’s nuclear energy leader and fundamentally change the global trajectory of the nuclear power industry. The big picture: It’s not a foregone conclusion that China will follow through on its plans, especially with the public resistance stemming from the …

Chinese AP1000 reaches full power operation

Unit 1 of the Sanmen nuclear power plant in China’s Zhejiang province has reached full power operation for the first time. The unit became the world’s first AP1000 to achieve grid connection and power generation. Sanmen 1 reached 100% power for the first time at 2.10pm today, China National Nuclear Corporation and State Nuclear Technology …

V.FUU Grants Stock Options

Fission 3.0 Corp. (“Fission 3” or the “Company”) (TSX VENTURE:FUU) announces that it has granted incentive stock options (the “Options”) to Directors, Officers, employees and consultants entitling them to purchase up to 2,600,000 shares in the capital of the Company subject to the policies of the TSX Venture Exchange. The Options are exercisable until August 14, …

T.EFR Significantly Strengthens Uranium Position in Wyoming through Acquisition of Royalties; Provides State with Notice of Intent to Repay Debt 

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), a leading producer of uranium and vanadium in the United States, is pleased to announce that it has completed the previously announced acquisition from Excalibur Industries (“Excalibur”) of royalties on the Company’s 100%-owned Nichols Ranch in situ recovery (“ISR”) project in Wyoming …

Rosatom seeks to boost cooperation in Eurasia

Rusatom International Network – a subsidiary of Russian state nuclear corporation Rosatom – has signed a memorandum of understanding and cooperation with the Eurasian Development Bank (EDB). The memorandum provides for establishing common principles of bilateral cooperation with Armenia, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan and other countries. The agreement was signed on 10 August by Alexander …