V.PTU: Outlines Drill Targets at Umfreville Project in Northern Saskatchewan

Purepoint Uranium Group Inc. has released the results of a ground gravity survey conducted at its 100-per-cent-owned Umfreville project in the northeastern area of Canada’s Athabasca basin in Northern Saskatchewan. “We believe that newly identified gravity lows represent areas of hydrothermal alteration that are associated with previously interpreted faulting and a strong uranium-in-soil anomaly,” said …

China National Nuclear Corporation interested in Angra 3 nuclear power plant in Brazil

The China National Nuclear Corporation (CNNC) is interested in participating in the conclusion of construction of Brazil’s Angra 3 nuclear power plant which have been halted since 2015, daily newspaper O Globo reported. According to the Brazilian newspaper, 70% of the Angra 3 nuclear power plant is completed, requiring an investment of US$13 billion so …

Australia quietly makes first uranium shipment to India three years after supply agreement

Three years after signing a civilian nuclear supply treaty, the Federal Government confirmed overnight the first shipment of Australian uranium has left for India.Foreign Minister Julie Bishop provided little detail about the inaugural sale, saying only that it was subject to commercial negotiations.The supply deal with India, signed in 2014, is the first of its …

A pearl at a time, Fission redefines Saskatchewan’s Athabasca basin

Since the November 2012 discovery of a new high-grade uranium deposit just outside the south-western corner of Saskatchewan’s famed Athabasca basin, where the world’s highest-grade uranium mines are found, explorer Fission Uranium has succeeded in stringing together new uranium discoveries “like pearls on a necklace”. The TSX-listed company’s Patterson Lake South (PLS) project now stretches some 3.17 km over an …

First criticality achieved at Fuqing 4

Unit 4 of the Fuqing nuclear power plant in China’s Fujian province achieved a sustained chain reaction for the first time on 16 July, China National Nuclear Corporation (CNNC) announced yesterday. The unit is expected to enter commercial operation later this year. Operators in Fuqing 4’s control room (Image: CNNC)Following inspections of the unit, China’s …

CNNC’s new reactor set to go into global market

China National Nuclear Corp, one of the country’s largest nuclear companies, is one step closer to exporting its high-temperature gas cooled reactor projects to countries including Saudi Arabia and the United Arab Emirates, with its HTGR fuel assembly line entering mass production. The world’s first production line for HTGR fuel elements started mass production on …

Scientists looking to explain Saskatchewan’s rich uranium deposits

Sprawling across northern Saskatchewan and Alberta, the Athabasca Basin is home to some of the world’s richest uranium deposits, which were discovered in the 1940s and mined since the late 1960s. What is less clear, however — and what Geological Survey of Canada geophysicist Vicki Tschirhart hopes to discover this summer — is the western …

Anfield Resources Inc. Announces Closing of $3.1 Million Private Placement

VANCOUVER, BC–(Marketwired – July 17, 2017) – Anfield Resources Inc. (TSX VENTURE: ARY) (FRANKFURT: 0AD) (OTCQB: ANLDF)(“Anfield” or “the Company”) wishes to announce that it has received conditional acceptance from the TSXV for 52,124,349 Units at $0.06, for a total equity raise of $3,127,461. The Units consist of one common share and a one share purchase warrant, with each warrant exercisable …