Key highlights: Ore Reserves now at 42.3Mlbs U3O8 from 22.7Mt at 845ppm U3O8 Maiden Proved Ore Reserve of 12.3Mlbs from 5.3Mt at 1,055ppm U3O8 Ore Reserve metal increases 36% from last update in November 2016 Vimy expects material improvements in project economics Vimy Resources Limited (ASX:VMY) (Vimy) is pleased to announce a major Ore Reserve …
Uranium ore samples collected by ASX-listed Marenica Energy from the Langer Heinrich uranium mine in Namibia have been received in Perth for immediate test work. Namibia – The aim of the test work is to confirm the substantial benefits expected from implementation of Marenica’s proprietary U-pgrade process on the ore. In June, Marenica Energy and Paladin Energy agreed to conduct …
With a grim forecast for their industry, many speakers at a recent global uranium symposium exhibited a kind of gallows humor. Take the introductory lines of the conference chair, Paul Goranson, an executive vice president at Energy Fuels, who joked that he was drafted into his unenviable position after he happened to miss a meeting. …
Still unclear if and when Kashiwazaki-Kariwa facility will restart TOKYO — Japan’s Nuclear Regulation Authority appears set to certify the safety of two units at Tokyo Electric Power Co. Holdings key nuclear power plant in Niigata Prefecture on the Sea of Japan coast. Passing the safety review is a prerequisite for Tepco to restart the Kashiwazaki-Kariwa plant, which …
NEW DELHI (Reuters) – French energy giant EDF is making progress in talks to sell India six nuclear reactors, said its chief executive on Thursday, with the stalled projects of rivals making him more confident a contract could be agreed sooner than first expected. CEO Jean-Bernard Lévy declined to commit to a timeline for when …
The Minerals Council of Australia (MCA) has called on the Australian government to reverse legislation that effectively bans the country from developing a nuclear energy industry. The MCA, which represents the country’s exploration, mining and minerals processing industry, has also called for uranium projects to be removed from the definition of “nuclear action” under federal …
Vancouver, BC – Kivalliq Energy Corporation (TSX-V: KIV) (“Kivalliq” or “the Company”) today announced that it has received funds from Roughrider Exploration Limited (TSX-V: REL) (“Roughrider”) to undertake a new work program on the Genesis Property uranium project in Saskatchewan to commence September 2017. The receipt of funds completes Roughrider’s expenditure commitment obligations to Kivalliq allowing Roughrider to …
Namibia’s current account deficit will narrow substantially through to 2020. The trade deficit will shrink significantly as the completion of the Husab uranium mine and several construction projects will simultaneously boost mineral exports and decrease demand for imports linked to construction. At the same time, Southern African Customs Union (SACU) receipts will broadly hold up, …
The Sultanate of Oman is to become a long-term strategic investor in Berkeley Energia through an investment agreement worth up to $120 million. The investment means that the Salamanca uranium project in western Spain is now fully funded and can proceed to production. The agreement with the State General Reserve Fund (SGRF) – the sovereign …
The Brazilian president Michael Termer is to look to Chinese financial and sector expertise to complete the country’s third nuclear power plant. The Angra 3 plant’s construction was commenced in 1984, but has for various reasons been delayed over the last three decades. The Brazilian nuclear energy company Eletronuclear will sign a cooperation agreement with China National …