GREENWOOD VILLAGE, COLORADO–(Marketwired – July 28, 2017) – AZARGA URANIUM CORP. (TSX:AZZ)(FRANKFURT:P8AA)(OTC PINK:PWURF) (“Azarga Uranium” or the “Company”) has closed a non-brokered private placement of $1.14 million through the issuance of 4,391,938 units (each, a “Unit”) at a price of $0.26 per Unit (the “Financing”). Each Unit consists of one common share of the Company (each, a …
French utility EDF has resumed operation of unit 5 at its Bugey nuclear power plant after receiving approval from the country’s nuclear safety authority. The reactor had been offline for almost two years whilst tests and repairs were carried out on its containment. Tests conducted in 2011 during the third ten-yearly inspection of the 880 …
Orders for a wave of new reactors to be constructed in India will give a boost to the efficiency of the country’s nuclear supply chain, Atomic Energy Minister Jitendra Singh said yesterday. Ten indigenously designed pressurised heavy water reactors were recently approved, while construction has already started on two VVERs with Russian cooperation. In answer to …
PARIS (Reuters) – The French state has fully subscribed to a 2.5 billion euro ($2.92 billion) capital increase of nuclear fuel group Areva NewCo, completing one of the last stages of a complex state-funded restructuring of the company, Areva said on Thursday. Areva (AREVA.PA) said that the 500 million euros that Japanese companies Mitsubishi Heavy …
Cameco Corp. says it has settled a tax dispute with the U.S. Internal Revenue Service that will see it pay far less than was originally proposed. The uranium miner says it is required to pay $122,000 (U.S.) instead of an originally proposed charge of $122-million. Cameco disclosed the settlement as it reported a loss of …
Madaouela is an advanced-stage uranium project being developed near Arlit in north-central Niger. The project is located within the most significant sandstone-hosted uranium deposits in the world. Environmental and social impact assessment (ESIA) of the Madaouela project was completed in March 2015. The Niger Government granted a mining permit for the Madaouela I tenement area in February …
Milestone testing achievement represents a significant step towards the completion of Unit 2. Tests performed demonstrate commitment to achieving the highest standards of quality. The Emirates Nuclear Energy Corporation has successfully completed the Cold Hydrostatic Testing (CHT) at Unit 2 at the Barakah Nuclear Energy Plant located in Al Dhafra Region of Abu Dhabi. The …
The Belarusian nuclear power plant will be fully put into operation in the summer of 2020, Rosatom Director General Alexei Likhachev said on Monday. While meeting with Belarusian President Alexander Lukashenko, Likhachev said Russia‘s State Atomic Energy Corporation (Rosatom) adheres to the agreement made between the Belarusian head of state and the Russian president in 2012 …
Big gains in short time frames can be seductive. Just look at the Global X Uranium ETF (NYSEArca: URA), which tracks uranium miners. The go-to uranium ETF is up nearly 16% over the past month, but some market observers believe the uranium and nuclear industries do not have a friend in the Trump Administration. Earlier this year, …
SASKATCHEWAN – Vancouver’s NexGen Energy says the final winter assays confirm high grade uranium mineralization in step-out drilling at the Arrow deposit. Arrow is part of the Rook I project in the Athabasca Basin. Expansion drilling at the A3 shear intersected a new area of semi-massive to massive pitchblende outside both the A3 high grade …