U.URG to Hold Webcast and Teleconference Tomorrow

Ur-Energy Inc. (NYSE American:URG, TSX:URE) (“Company” or “Ur-Energy”) announces it will host a webcast/teleconference tomorrow, August 7, 2018. We will discuss the Company’s operational results at the fifth anniversary of production operations at Lost Creek, as well as current events in the uranium industry. We will also provide an update on the Section 232 trade …

Energy Fuels Announces Q2-2018 Results, Including $55 Million of Working Capital 

Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) (“Energy Fuels” or the “Company”), today reported its financial results for the quarter ended June 30, 2018. The Company’s quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission (“SEC”), and may be viewed on the Electronic Document Gathering and Retrieval System …

U.S. senators introduce bill with new Russia sanctions

Republican and Democratic U.S. senators introduced legislation on Thursday to impose stiff new sanctions on Russia, the latest effort by lawmakers to punish Moscow over interference in U.S. elections and its activities in Syria and Ukraine. The bill includes restrictions on new Russian sovereign debt transactions, energy and oil projects and Russian uranium imports, and …

T.U Reports Uranium Purchases and Estimated Net Asset Value at July 31, 2018

Uranium Participation Corporation (“UPC”) (TSX:U) reports its estimated net asset value at July 31, 2018 was CAD$592.6 million or CAD$4.29 per share.  As at July 31, 2018, UPC’s uranium investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Fair Value Investments in Uranium: Uranium oxide in concentrates (“U3O8“)    …

V.SYH Closes Non-Brokered Private Placement of $2.6 Million

Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the closing of a non-brokered private placement for aggregate gross proceeds of approx. CAD $2.6 million (the “Financing”). The Company now has over $3.2 million in the treasury and is fully funded for upcoming diamond drill programs at its flagship Moore Uranium …

Jordan power shortage: Kingdom turns to renewables, nuclear and oil-shale

The development of renewable energy, nuclear power and, to a smaller extent, oil shale is key to cutting energy and subsidy bills and meeting growing power demand. A major challenge facing Jordan in the coming months and years is reducing the country’s energy and subsidy bills while allaying public concerns over rising electricity costs. In …

IAEA Reviews Saudi Arabia’s Nuclear Power Infrastructure Development

An International Atomic Energy Agency (IAEA) team of experts has concluded a twelve-day mission to the Kingdom of Saudi Arabia to review its development of infrastructure for a nuclear power programme. The Integrated Nuclear Infrastructure Review (INIR), which ended on 24 July, was carried out at the invitation of the Government of Saudi Arabia. Saudi …

Energy minister expresses support for nuclear power

The Ontario Chamber of Commerce has issued a position paper urging Ontario’s new Minister of Energy, Northern Development and Mines Greg Rickford to continue the government’s support for nuclear power. The report, titled Blueprint for Making Ontario Open for Business, suggested the new Ontario government should leverage Ontario’s nuclear sector, “which gives the province key …