VANCOUVER, Dec. 12, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) announces the resignation of Dr. Mark O’Dea from the Company’s Board of Directors, effective December 12, 2017 due to the recently increased demands of his other professional commitments. The Board of Directors express their appreciation for Dr. O’Dea’s contributions to the Company, and wish him the best …
A decision on whether to complete two new nuclear reactors at Plant Vogtle has been moved up from February to next week, the chairman of the Public Service Commission said Monday. Commissioner Stan Wise said it will decide Dec. 21 after he received a request from Georgia Power Company to move the decision to this …
Construction of the Akkuyu nuclear power plant under a limited license began in Turkey on Sunday, TASS reported from the site. The ceremony was in Mersin. It featured Rosatom’s head Alexei Likhachev, and Turkey’s First Deputy Minister of Energy and Natural Resources Fatih Donmez. The limited license is the first permission, which Rosatom received in October. Under …
Paladin Energy’s creditors have agreed to a proposal to restructure the company’s debt and reinstate it to quotation on the ASX. The Western Australia-based company’s creditors have executed the proposed deed of company arrangement (DOCA). Major creditor Electricité de France (EDF) previously said it may seek to have the DOCA, which it claims is unfairly …
JOHANNESBURG (miningweekly.com) – Dual-listed Berkeley Energia expects to pour concrete at its fully-funded Salamanca mine, in western Spain, in the new year, the company said on Tuesday, as it announced the award of major contracts for the uranium mine. The company said that Sanchez y Lago, one of Spain’s major construction companies, was being appointed as the contract miner. Sanchez y Lago has over 35 years of miningexperience around the …
A possible active fault beneath the Tomari nuclear power plant in Hokkaido could prolong the government’s screening process for a restart and deal a major financial blow to Hokkaido Electric Power Co., the plant’s operator. On Dec. 8, the Nuclear Regulation Authority (NRA) did not accept the assertion of Hokkaido Electric Power that no active …
Zoltan Ban Summary Kazakhstan’s move to cut uranium production is widely seen as an attempt to lift prices ahead of privatization. There is reason to believe that it is rather an uncommon decision to preserve a resource, keeping in mind the probability of it being more valuable in the future. Uranium reserves and production patterns …
Saskatoon, Saskatchewan, Canada, December 11, 2017 Cameco Corporation (Cameco) (TSX:CCO; NYSE:CCJ) announced that the restructuring of Joint Venture Inkai LLP (JV Inkai) outlined in the implementation agreement dated May 27, 2016 with Joint Stock Company National Atomic Company Kazatomprom (Kazatomprom) and JV Inkai closed today and will take effect on January 1, 2018. This restructuring was …
VANCOUVER, Dec. 11, 2017 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for 21 holes from Arrow as part of our recently concluded summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Arrow Highlights: A3 Infill Drilling AR-17-147c3 intersected 60.0 m at 3.70% U3O8 (597.5 to 657.5 m) including 33.0 m at 6.51% …
The French creditor that forced uranium miner Paladin Energy into administration is now threatening to torpedo its recapitalisation. Creditors of the collapsed miner yesterday voted in favour of a restructure proposal put forward by unsecured bondholders that would have the company continue operating as a going concern and be reinstated to the Australian Securities Exchange. …
