High or low: which of IAEA’s future nuclear capacity scenarios is most realistic?

Last year, the International Atomic Energy Agency (IAEA) presented two possible scenarios for global nuclear power capacity up to 2050. One was a ‘high’ projection, in which capacity nearly doubles over ten years, and the other a ‘low’ projection, where capacity decreases markedly. Heidi Vella explores the scenarios side by side to see which is …

Rosatom keeps uranium mining flat at 3,000 tonnes in 2017

MOSCOW, January 10. /TASS/. Atomredmedzoloto (ARMZ), an affiliate of the mining division of the Russian state nuclear corporation Rosatom, maintained uranium mining in Russia in 2017 at the level of 3,000 tonnes, similarly to 2016, the company said on Wednesday. “ARMZ completely delivered the annual plan of strategic feedstock supplies for the nuclear industry, keeping …

Russia ready to finance construction of nuclear power plant in Uzbekistan

Russia is ready to offer several options for financing the nuclear power plant construction project in Uzbekistan, Sputnik news agency reported citing a source. According to the source, presently, the Uzbek government is working out a detailed proposal for the construction of the nuclear power plant and estimation of possible investments. “This is a political …

Australia is the world’s third-largest producer of uranium, so why aren’t we using it?

When weighing up the pro’s and con’s of coal, solar and wind energy, there is always one alternative that seems to get swept under the rug – nuclear energy. The Minerals Council of Australia will today reinvigorate the debate over nuclear power. In a pre-budget submission to Scott Morrison, the council is urging the government to take …

Trump to Host Kazakh President Next Week

The visit will be Nursultan Nazarbayev’s first under the presidency of Donald Trump. Next week, Kazakh President Nursultan Nazarbayev will meet with U.S. President Donald Trump at the White House. On January 16, a White House statement said, the two leaders, “will discuss ways to strengthen and enhance our strategic partnership on regional security issues and …

Cameco Corporation: Short-Term Pain For Long-Term Gain

Summary Cameco Corporation offers an attractive risk/reward based on sensitivity analysis. Cameco Corporation and KazAtomProm, which combine for 38% of annual global production, have made significant production cuts in an effort bring balance to the oversupplied uranium market. Current uranium price is unsustainable as spot price is $23.75 per pound compared to the industry average …

T.URE: Provides 2017 Q4 Operational Results and Announces January 19, 2018 Webcast on 2017 Operational Results

LITTLETON, Colo., Jan. 11, 2018 /CNW/ — Ur-Energy Inc. (NYSE American:URG, TSX:URE)(the “Company” or “Ur-Energy”) is pleased to provide the following operational results for fourth quarter 2017, and to announce a webcast regarding 2017 Operational Results and current events in the uranium industry, to be held on Friday, January 19, 2018, at 9:00 a.m. MT / 11:00 a.m. ET. Highlights Lost Creek Operations …

V.SYH: Announces Airborne Geophysics Surveying on Moore Uranium Project as well as 2017 Highlights and 2018 Corporate Strategy

Vancouver, BC – Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the commencement of an Unmanned Aerial Vehicle Magnetometer Survey (“UAV-MAGTM Survey”) to be completed by Pioneer Aerial Surveys Ltd. (“Pioneer”) on the Company’s flagship 35,705 hectare Moore Uranium Project, located approx. 15 km east of Denison Mine’s Wheeler River project on the southeast …

T.U: Reports Uranium Purchases and Estimated Net Asset Value at December 31, 2017

TORONTO, ONTARIO–(Marketwired – Jan. 9, 2018) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at December 31, 2017 was CAD$506.0 million or CAD$3.82 per share. As at December 31, 2017, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: …