Toronto, Ontario – May 14, 2018– Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX.V: PTU) today announced the results of the latest winter program at its Hook Lake Project, a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%) and Purepoint (21%) in the Patterson Uranium District, Saskatchewan Canada. Scott Frostad, Vice President, …
With a number of false dawns since the 2011 Fukushima disaster that smashed demand, no-one should be holding their breath. But the industry true believers contend the market will drift into undersupply and catch buyers on the hop when their current long-term contracts expire. Paladin Resources (PDN, 12c) last month joined other major global producers by …
The big picture of power availability in India stresses the importance of urgent action. The growing per capita power consumption along with high population growth rate, urbanisation and rising middle class emphasises the critical importance of improving new power generation capacity. The Central Electricity Authority estimates the requirement of energy generating capacity to increase from the current 43 GW to 640 GW by 2026-27. …
With no price on carbon, here’s how states are keeping nuclear power plants open. Nuclear power currently provides about 20 percent of US electricity — and 50 percent of its carbon-free electricity. Insofar as the US economy has decarbonized (carbon emissions have been falling, fitfully, for more than a decade), nuclear power gave it a …
TOKYO — The British government has proposed to arrange all 2 trillion yen ($18.2 billion) in lending that Hitachi says is needed to build a nuclear power plant in Wales, as the Japanese side seeks to reduce its risk and encourage the U.K. to put more skin in the game. London had previously suggested that it guarantee …
A senior executive at engineering giant Bechtel told CNBC on Thursday that U.S. businesses should be involved in Saudi Arabia’s civilian nuclear energy ambitions. The presence of American firms would likely be welcomed by the Saudis and should also be welcomed by the U.S. government, according to Stuart Jones, regional president for Europe and Middle …
KELOWNA, British Columbia, May 10, 2018 (GLOBE NEWSWIRE) — FISSION URANIUM CORP. (“Fission” or “the Company”) (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce assay results from all eight winter program holes drilled on the R1515W zone at its PLS property, in Canada\’s Athabasca Basin region. These include six holes with high-grade intervals, of particular note is …
Kansai Electric Power Co. restarted Wednesday the No. 4 reactor at the Oi nuclear plant in central Japan, joining three other nearby units already online and raising safety concerns as well as expectations for lower electricity prices. On the Sea of Japan coast in Fukui Prefecture, the operator rebooted the reactor for the first time …
The president yesterday transmitted to Congress for review a bilateral agreement for peaceful nuclear energy cooperation, known as a Section 123 Agreement, between the United States and United Kingdom. Following is a statement from Dan Lipman, vice president of suppliers, new reactors, and international programs at NEI. “We commend the Trump administration for submitting to …
The containment dome of unit 6 of the Tianwan nuclear power plant in China’s Jiangsu province was installed on 5 May, marking the reactor’s entry into the equipment installation phase of construction, China Nuclear Engineering and Construction Corporation (CNECC) announced today. CNECC is a subsidiary of China National Nuclear Corporation (CNNC). Installation of the 148-tonne …