EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries

EIA’s International Energy Outlook 2017 (IEO2017) projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines …

Advanced Nuclear Finds a More Welcome Home in Canada

An early regulatory review may put Terrestrial Energy on track to commission the first fourth-generation reactor in North America. Canadian regulators announced that Terrestrial Energy has completed the initial phase of a design review for its molten-salt nuclear power plant, giving the Ontario-based company a small early lead in the race to commission the first …

T.UEX: Seeks to Unlock Value of Cobalt-Nickel Deposit

UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce that the Company is currently evaluating opportunities to enhance shareholder value through its 100% owned West Bear Cobalt-Nickel Prospect located on the Hidden Bay Project, immediately east of the West Bear Uranium Deposit (“WBU Deposit”). The West Bear Co-Ni Prospect was discovered by the …

France postpones target for cutting nuclear share of power production

PARIS (Reuters) – The French government has postponed a long-held target to reduce the share of nuclear energy in the country’s power production after grid operator RTE warned it risked supply shortages after 2020 and could miss a goal to curb carbon emissions. Environment Minister Nicolas Hulot said on Tuesday it was not realistic to …

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

TORONTO, ONTARIO–(Marketwired – Nov. 6, 2017) – Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at October 31, 2017 was CAD$436.6 million or CAD$3.30 per share. As at October 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: …

Uranium Prices – KasAtomProm Takes Control

EXCLUSIVE TO SIGHTLINE U3O8 – Since 2007, Kazakhstan has raced to become the world’s largest producer of uranium. With the second highest amount of known recoverable uranium resources and one of the lowest production costs in the industry, Kazakhstan has positioned itself perfectly to dominate the uranium market. So, what have they done with those …

Uranium’s Time is Now!

Fundamentals Signal a Looming Spike in the Price of Uranium Exclusive to Sightline|U3O8 – Analysts and miners alike are predicting a smooth and steady comeback in uranium prices over the next 12-36 months… a prudent and conservative outlook.  The reality, however, is that uranium prices have never moved quietly or slowly. After sitting at a price …

China calls for stronger cooperation with US in next-generation nuclear power technology

BEIJING — Chinese Premier Li Keqiang has called for closer China-US cooperation in developing the next-generation nuclear power technology, as he met with Bill Gates, co-founder of Microsoft and chairman of TerraPower here Friday. Speaking highly of the China-US partnership in this field, Li said companies of the two countries have set up a joint …