Dennis Berzhanin – Seeking Alpha Summary Uranium investors have welcomed recent production cuts from Cameco and Kazatomprom. The ever-increasing construction of nuclear reactors will cause demand to keep rising. Political climate is the most favorable to uranium producers, since at least the Bush Administration. Both Uranium Participation Corp. and Global X Uranium ETF are compelling ways …
The dream of discovery must motivate many a geologist. Through skill, effort and luck they hope to eventually find something precious, useful or otherwise valuable—something well known yet found in a previously unknown location. But a group of geo-boffins from the U.S. Geological Survey not only identified a type of uranium deposit previously unknown to …
GoviEx Uranium Inc. has completed a National Instrument 43-101 preliminary economic assessment (PEA) for the Mutanga uranium project in Zambia, which evaluates the economic and technical viability of a large-scale uranium project with low capital costs and low operating costs. Highlights of the PEA include the following: The Mutanga Project consists of three contiguous, fully-permitted …
US uranium production for 2017 to date is down 17% from the same period in 2016, according to the US Energy Information Administration’s (EIA) latest quarterly Domestic Uranium Production Report. Meanwhile, the US Geological Survey (USGS) has found uranium-bearing calcrete formations in the USA for the first time. Total uranium production for the first three-quarters of …
Barrons – News of the shutdown of the world’s largest uranium mine has rallied prices for the heavy metal, and could help revive a market that has suffered ever since Japan’s Fukushima nuclear disaster nearly seven years ago. Cameco (ticker: CCJ), which provides roughly 17% of the world’s uranium production, announced on Nov. 8 that …
Britain’s nuclear sector needs the government and industry to commit to the country’s nuclear capability in the critical next decade, a new report suggests. EY will publish a report today saying the government estimates investment of more than £45bn will be needed to develop the first three new nuclear power plants: Hinkley Point C, Wylfa …
The walls inside the cavernous main hall of the Jordan Research and Training Reactor are painted yellow, but the water filling the 10-metre-deep pool in the centre of the room gives off the electric blue glow characteristic of these units. The water is demineralised to prevent it from becoming radioactive and to reduce the risk …
Korea Hydro & Nuclear Power (KHNP) held a board meeting on November 16 and decided to stop the construction of the third and fourth units of the Shin Hanul Nuclear Power Plant and the first and second units of the Cheonji Nuclear Power Plant. Controversies are likely to continue with hundreds of billions of won …
Dive Brief: The U.S. Nuclear Regulatory Commission (NRC) is considering new safety rules for small modular nuclear reactors, new types of facilities that aim for faster permitting and construction, possibly relying on off-site development. Earlier this year, NuScale Power submitted designs for a new type of reactor to NRC — an initial step towards permitting smaller facilities that could be …
Toronto, Ontario – November 16, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) announced today that the proposed 2018 Hook Lake JV exploration program with a budgeted cost of $4,000,000 has been approved by the JV partners. Situated within the Patterson Uranium District, the Hook Lake JV is a project owned jointly …
