PARIS (Reuters) – The French state has fully subscribed to a 2.5 billion euro ($2.92 billion) capital increase of nuclear fuel group Areva NewCo, completing one of the last stages of a complex state-funded restructuring of the company, Areva said on Thursday. Areva (AREVA.PA) said that the 500 million euros that Japanese companies Mitsubishi Heavy …
Cameco Corp. says it has settled a tax dispute with the U.S. Internal Revenue Service that will see it pay far less than was originally proposed. The uranium miner says it is required to pay $122,000 (U.S.) instead of an originally proposed charge of $122-million. Cameco disclosed the settlement as it reported a loss of …
Madaouela is an advanced-stage uranium project being developed near Arlit in north-central Niger. The project is located within the most significant sandstone-hosted uranium deposits in the world. Environmental and social impact assessment (ESIA) of the Madaouela project was completed in March 2015. The Niger Government granted a mining permit for the Madaouela I tenement area in February …
Milestone testing achievement represents a significant step towards the completion of Unit 2. Tests performed demonstrate commitment to achieving the highest standards of quality. The Emirates Nuclear Energy Corporation has successfully completed the Cold Hydrostatic Testing (CHT) at Unit 2 at the Barakah Nuclear Energy Plant located in Al Dhafra Region of Abu Dhabi. The …
The Belarusian nuclear power plant will be fully put into operation in the summer of 2020, Rosatom Director General Alexei Likhachev said on Monday. While meeting with Belarusian President Alexander Lukashenko, Likhachev said Russia‘s State Atomic Energy Corporation (Rosatom) adheres to the agreement made between the Belarusian head of state and the Russian president in 2012 …
Big gains in short time frames can be seductive. Just look at the Global X Uranium ETF (NYSEArca: URA), which tracks uranium miners. The go-to uranium ETF is up nearly 16% over the past month, but some market observers believe the uranium and nuclear industries do not have a friend in the Trump Administration. Earlier this year, …
SASKATCHEWAN – Vancouver’s NexGen Energy says the final winter assays confirm high grade uranium mineralization in step-out drilling at the Arrow deposit. Arrow is part of the Rook I project in the Athabasca Basin. Expansion drilling at the A3 shear intersected a new area of semi-massive to massive pitchblende outside both the A3 high grade …
VANCOUVER, BC – Kivalliq Energy Corporation (TSX-V: KIV) (“Kivalliq”) today announced the start of a summer exploration program at the Baffin Gold Property in Nunavut Territory, Canada. Kivalliq will also be visiting the Qikiqtani Region to update the communities of Clyde River and Qikiqtarjuaq, located 260 kilometres and 360 kilometres from the Baffin Gold Property …
Kazakhstan has chosen August 29 for the opening ceremony of the first Low Enriched Uranium Bank (LEU Bank), being established in Kazakhstan under the auspices of the International Atomic Energy Agency (IAEA). August 29 also marks the International Day against Nuclear Tests as designated by the United Nations and this year on that day it …
Uranium is still the anchor energy source for a stable base load in the world. The 2017 Uranium report has confirmed that uranium production is in a deficit and with energy consumption that is rising every year through e-mobility and Japanese reactors, there are companies that must fill the gap. UEC and Fission are 2 …
