V.GXU: Confirms Payment of Uranium Bond Settlement 

GoviEx Uranium Inc. has completed the required payment to Toshiba Corp. under the terms of the previously announced termination agreement and mutual release. The agreement sets out the terms and conditions under which GoviEx and Toshiba (collectively, the “Parties”) have agreed to settle the tranche B bond dated April 18, 2012, as amended; terminate the …

France, India Moving Forward with Massive Nuclear Project

India’s government-owned National Nuclear Power Corp. (NPCIL) in March signed cooperation agreements for equipment and construction related to the massive 9,900-MW Jaitapur project in Maharashtra, the world’s largest nuclear plant project in terms of generation capacity. Jaitapur is the key project in nuclear collaboration between India and France, which was first broached in 2009 when …

Cautious optimism for uranium outlook

Growth in world uranium inventories is slowing as the supply sector is responding to a gradual recovery in uranium demand, according to speakers at the World Nuclear Fuel Cycle (WNFC) conference held in Madrid on 18-19 April. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market, …

V.PLU Proving Up Falchani Potential with high-grade intersections of 116 m of 0.73% Li₂O & 8 m of 579 ppm U₃O₈

Plateau Energy Metals Inc. (“Plateau” “PLU” or the “Company“) (TSX VENTURE:PLU) (FRANKFURT:QG1) (OTCQB:PLUUF), a lithium and uranium exploration and development company, is pleased to announce results from recently completed vertical drill holes from Platform 9 (drilled ~315 m NW of Platform 1) and Platform 3 (drilled ~170 m SE of Platform 1) at the Falchani …

Cameco swings into the black as it focuses on ‘what we can control’ – Gitzel

VANCOUVER (miningweekly.com) – Canadian uranium major Cameco is settling in to a more relaxed pace of business as it rides out the uranium price doldrums, with two of its best assets languishing on care and maintenance. President and CEO Tim Gitzel noted on Friday that “unprecedented noise in the political economy” are yet to translate …

USA and France Sign Statements of Intent on Advanced Fast Neutron Sodium-Cooled Reactors

WASHINGTON, D.C. – U.S. Energy Secretary Rick Perry and François Jacq, Chairman of France’s Alternative Energies and Atomic Energy Commission (CEA), seized the occasion of President Trump’s Head-of-State welcome for French President Emmanuel Macron to sign two Statements of Intent (SOIs). The signing ushers in a new era of DOE-CEA research and development (R&D) cooperation …

$60 Million for U.S. Industry Awards for Advanced Nuclear Technology Development

WASHINGTON, D.C. – U.S. Secretary of Energy Rick Perry announced today that the U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies. These selections are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced …