GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) (“GoviEx” or “Company”) today announced that it has closed a private placement financing (the “Private Placement”) of 35,674,911 units (“Units”) at a price of C$0.17 per Unit, with each Unit consisting of one (1) Class A common share and one (1) Class A common share purchase warrant (a …
EXCLUSIVE TO SIGHTLINE U3O8 – Within the universe of uranium developers, it is a broad spectrum when it comes to size. One important distinction for investors is the differentiation between resource categories. These categories indicate the level of confidence and understanding as to the true size, measure, geology and economic viability. First, let’s look at economic …
EXCLUSIVE TO SIGHTLINE U3O8 – The method in which a mining company intends to extract ore greatly affect the construction and operational costs of the project as well as the execution risks involved. In the case of uranium, mining is accomplished through conventional methods (open pit or underground mining) or via In Situ Recovery (ISR). Having …
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 the inclusion of the new Falchani Lithium discovery area into the on-going, now expanded, Environmental Baseline Study for the Macusani lithium and uranium projects in southeastern Peru. The expanded baseline study has been …
Japanese utility Kansai Electric Power Company is to cut its electricity prices for customers by more than 5% on average following the restart of units 3 and 4 of its Ohi nuclear power plant and the subsequent reduction in fuel costs. The company made a similar price cut last August after units 3 and 4 …
Dr. Yousry Abu Shady As Egypt is standing on the verge of starting the construction of its first nuclear power plant at El Dabaa, it is becoming obvious that the country and the Matrouh province, where the plant will be located are in more a much more profound and far-reaching transformation than just the energy …
Japan’s hopes of keeping its nuclear fuel recycling program alive faces another major obstacle with signs from France that a reactor project there will be scaled back because of swelling construction costs. After the nuclear fuel recycling program suffered a heavy blow with the decision in late 2016 to decommission the Monju prototype fast-breeder reactor, …
The spot uranium price ticked up again last week and growing 2019 demand suggests further upside. In this wire, Greg Peel discusses improving prices, the US conundrum, and new reactors for Japan. Improving prices Following the prior week’s spurt of activity and breakout 5% price jump, the uranium spot market was again busy last week …
The United Arab Emirates has postponed plans to start up its first nuclear reactor until at least the end of 2019. Nawah Energy Company, the operator of the Barakah Nuclear Energy Plant, said it “has completed a comprehensive operational readiness review” for the updated start-up schedule. “The results of Nawah’s review forecast that the loading …
French reactor firm Framatome has entered a deal to design, manufacture and supply fuel assemblies made from enriched reprocessed uranium (ERU) to utility firm EDF between 2023 and 2032. Framatome has noted that the collaboration is subject to administrative and regulatory authorisations. The reactor firm is to fabricate the fuel assemblies at its facility in …
