The flagship asset of Berkeley Energia Ltd (LON:BKY)(ASX:BKY) is the Salamanca uranium project in Spain. The plan is to build this project into one of the world’s lowest cost uranium mines, capable of generating strong after-tax cash flows that will be robust even at low uranium prices. A recently-completed definitive feasibility study demonstrated that over an initial …
The completion of the third and fourth units of the nuclear power station in Mochovce in south-central Slovakia is closer to completion. The dominant power producer and operator of the nuclear station in Mochovce, Slovenské Elektrárne, has connected the third unit to the national grid. This connection now serves as the main source of electricity …
Fuel loading at the world’s first Westinghouse-designed AP1000 nuclear reactor on China’s east coast has been delayed due to “safety concerns” — the latest in a long line of setbacks for the project. Officials with the U.S.-based Westinghouse had expected fuel loading to start last year, and it would have been followed by around six …
HONG KONG, Feb 11 (Reuters) – Chinese state-owned nuclear company CGN Power Co Ltd said Sunday it plans to raise up to $794 million in a domestic listing on the Shenzhen stock exchange. The firm said in a Hong Kong stock exchange filing it plans to offer no more than 5,049,861,100 new shares at 1 …
A uranium deposit in Western Australia under development by Cameco (TSX:CCO, NYSE:CCJ) will not be held up by conservationists who oppose it. Last week the Conservation Council of WA lost an appeal against the Yeelirrie project’s approval by the WA Supreme Court. In his judgment, Chief Justice Wayne Martin dismissed the CCWA’s contention that environmental approval …
Conservationists are considering a High Court appeal against the State Government’s decision to provide environmental approval to the State’s largest uranium deposit in the northern Goldfields after the WA Supreme Court knocked back an application for judicial review yesterday. Former environment minister Albert Jacob approved Cameco’s Yeelirrie Mine near Wiluna in the dying days of …
Cameco (TSX: CCO; NYSE: CCJ) today reported its consolidated financial and operating results for the fourth quarter and year ended December 31, 2017 in accordance with International Financial Reporting Standards (IFRS). “Our fourth quarter and annual results are in line with the outlook that we provided in the third quarter,” said president and CEO, Tim Gitzel. …
Corpus Christi, TX, February 9, 2018 – Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is pleased to announce that the Company has closed a definitive Property Purchase Agreement (the “Agreement”), with Nuinsco Resources Limited (“Nuinsco”) to acquire 100% of the Diabase project (the “Diabase Project” or “Project”) located on the south rim of …
Cameco (TSX: CCO; NYSE: CCJ) today announced the appointment of Ian Bruce as chair of Cameco’s board of directors effective immediately following the company’s annual general meeting on May 16, 2018. Bruce will succeed Neil McMillan, who is retiring from the board after five years as chair, and 16 years as a Cameco director. “I am …
Out of the 12 nuclear reactors, 10 will be indigenous Pressurised Heavy Water Reactors and two Light Water Reactors will be established in cooperation with the Russia. The government has accorded administrative approval and financial sanction for construction of 12 nuclear power reactors in the country, Parliament was informed on Wednesday. Out of these, 10 …
