Uranium Participation Corp.’s estimated net asset value at Feb. 28, 2018, was $463.3-million, or $3.50 per share. As at Feb. 28, 2018, Uranium Participation’s uranium investment portfolio was as shown in the attached table. (in thousands of dollars, Quantity Fair value except quantity amounts) Investments in uranium Uranium oxide in concentrates (U3O8) 13,484,354 lb …
Denison Mines Corp. filed today its consolidated financial statements and management’s discussion and analysis for the year ended Dec. 31, 2017. Both documents can be found on the company’s website, or on SEDAR and EDGAR. The highlights provided herein are derived from these documents and should be read in conjunction with them. All amounts in …
BEIJING, March 7 (Reuters) – China plans to start construction on six to eight nuclear reactors this year and raise its total nuclear generating capacity by as much as 6 gigawatts, the country’s energy administration said on Wednesday. The National Energy Administration said China also aimed to complete two long-delayed, foreign-designed third-generation reactor projects this …
PARIS, March 7 (Reuters) – French state controlled utility EDF said on Wednesday that its nuclear power output rose 8 percent year-on-year in February to 36.4 terrawatt-hour (TWh) compared with the same month a year ago. EDF, which operates France’s 58 nuclear reactors, said its production was penalised last year by unplanned outages due to …
Nuclear energy has faced serious challenges in recent years because of several factors: competition from low gas prices, subsidised renewables and slow growth in electricity demand in certain markets. But because of several powerful forces we are seeing signs that this year nuclear energy will come roaring back, writes Jarret Adams. Several nuclear plants have …
The Department of Atomic Energy (DAE) will achieve a ten-fold rise in uranium production in three phases by 2031-32, the government today informed the Lok Sabha. In a written response to a question in the Lower House, Jitendra Singh, the Union minister of state in the Prime Minister’s Office that directly looks after the DAE, …
Swiss utility Axpo has received regulatory approval to bring unit 1 of the Beznau nuclear power plant (KKB) back into service this month after evidence it submitted last December proved aluminium oxide inclusions in the reactor pressure vessel do not affect the unit’s safety. The RPV was manufactured in the Creusot Forge in France in …
The Russian state-owned corporation, Rosatom, plans to start building of the Akkuyu nuclear power plant in Turkey in April 2018. To start the construction are required 101 licenses are required, while the company already received 90 of them. “At the beginning of April, the first concrete is planned to be poured out on the ground …
VANCOUVER, March 6, 2018 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce the appointment of James Hatley as Senior Vice President, Project Development effective March 5, 2018. Leigh Curyer, Chief Executive Officer, commented: “On behalf of the Board and Executive, I would like to welcome Mr. Hatley …
In 1981, the Cigar Lake uranium deposit was discovered in Saskatchewan’s Athabasca Basin. A monster in its day, eventually sizing up at 290MM lbs. of U3O8 at a mine grade of 15%! Seven years later and 45 km (28 miles) away the McArthur River deposit was found, dwarfing Cigar with its 500MM lbs. of U3O8 …
