For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services Toronto, Ontario, November 29, 2017 – Purepoint Uranium Group Inc. (TSXV: PTU) (the “Company”) announced a non-brokered private placement (the “Private Placement”) of up to 8,500,000 flow-through units (the “Flow-Through Units”) at a price of $0.10 per unit for …
Kazakhstan’s total output of uranium or so called ‘yellow cake’ for the year will amount to 22,000 tons, Energy Minister Kanat Bozumbayev said. Kazakhstan, which is the world’s first largest producer of uranium and second in its reserves, will reduce production in 2017 to 22,000 tons, compared with 24,000 tons in 2016. “Production of uranium …
Also See “Turbocharging Your Uranium Portfolio” The uranium that Cameco Corp (NYSE:CCJ) mines is the fuel that powers nuclear reactors. Nuclear power has a bad rap thanks to a small number of high-profile disasters, and that’s led to a supply/demand imbalance that has pushed uranium prices to multi-year lows. Cameco is the top stock to consider buying in …
World’s No.1 miner BHP (ASX, NYSE:BHP) (LON:BTL) is tightening its belt, especially when it comes to its operations in Australia, targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years. While the company has already had reduced costs across its …
Fukui Gov. Issei Nishikawa’s decision on Monday to give the go-ahead to restarting two reactors at the Oi nuclear plant highlights the local economy’s dependence on nuclear power, even 6½ years after the March 2011 Fukushima disaster. At a news conference, Nishikawa offered what he sees as the merits of a restart, saying the plant …
Russia’s Rosatom has signed a memorandum of understanding (MoU) with Brazilian companies Centrais Elétricas Brasileiras (Eletrobras) and Eletrobras Termonuclear SA (Eletronuclear) to promote cooperation in nuclear power. It includes the possible construction of a new nuclear power plant in Brazil, Rosatom said. The MoU also covers services, including operation, maintenance and decommissioning work; nuclear fuel …
South Korea is stepping up its bid to take over stakes in a troubled nuclear project in Britain as the two countries agreed to step up cooperation in the sector, Seoul’s energy ministry said Tuesday. Energy ministers of the two nations signed a memorandum of understanding in their meeting in London to expand cooperation in …
The nuclear sector is “integral to increasing productivity and driving growth” in the UK, according to the government’s Industrial Strategy White Paper launched today. In the UK, a White Paper is a government report giving information or proposals on an issue. Unveiling the White Paper, Business Secretary Greg Clark said the strategy sets out a …
Egypt’s House of Representatives approved three laws on Monday which allow for the creation of two regulatory bodies on nuclear power, paving the way for the construction of Egypt’s first nuclear power plant to generate electricity at El-Dabaa. The approval came after a five-hour marathon of debate in an urgent plenary meeting. At the start …
It always comes as a shock to see just how uncompetitive Olympic Dam actually sits on the slate of BHP Billiton’s globe of present and future mines. Presently Olympic Dam makes a 1 per cent return on capital and it will take a whole lot of hard core tweaking of men and machinery between now …
