Switzerland’s government said on Dec 20 it wanted to change the law to get around a 2018 ban on building more nuclear power stations to help guarantee the country’s energy needs. “The aim is to keep nuclear energy open as an option for the long-term security of the Swiss energy supply,” said a statement from …
Malaysia is readying itself for the likely use of nuclear energy after 2035 as it struggles to meet renewable energy and net-zero carbon emission targets. The Straits Times has learnt that Malaysia’s Cabinet, after discussing in late November a nuclear road map proposed by the National Energy Council (MTN), decided that nuclear is “one of the options of electrical power …
Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) is pleased to announce that it has signed an offtake agreement with a strategic Europe-based nuclear power utility to supply 260,000 pounds U3O8 per year for three years beginning in 2026. This is the fourth such agreement signed by Global Atomic. Based …
Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”) is pleased to announce that is has closed the brokered private placement previously announced by the Company on December 2, 2024, as upsized on December 3, 2024 (the “Brokered Offering”), and has additionally closed a concurrent non-brokered private placement (the “Non-Brokered Offering”, and together with the Brokered Offering, …
Orano has opened international arbitration proceedings against the State of Niger following the withdrawal of its mining license for IMOURAREN, dated 19 June 2024. This move comes after several months of unsuccessful attempts at mediation and conciliation. The announcement of the withdrawal of the license took place when Orano presented the State of Niger with …
Centre advises states where coal-based power plants have reached the end of operational life to consider setting up nuclear plants India aims to triple its installed nuclear power capacity by 2031-32. The current installed nuclear power capacity of 8,180MW is projected to increase to 22,480MW within this timeframe. The country currently operates 24 nuclear power …
Paladin Energy has received final clearance under the Investment Canada Act (ICA) for its acquisition of Fission Uranium. This clearance represents the last regulatory step needed to complete the court-approved arrangement under the Canada Business Corporation Act. The acquisition is expected to close by early January 2025, subject to customary closing conditions. Paladin Energy announced …
IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) (“IsoEnergy”) and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint”) are pleased to announce the successful implementation of their previously announced joint venture (the “Joint Venture”) (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic collaboration strengthens both companies’ efforts to advance …
Uranium One Group, a subsidiary of State Atomic Energy Corporation Rosatom. has announced its withdrawal from uranium projects in Kazakhstan. This decision coincides with Kazakhstan’s ongoing selection of operators for a consortium tasked with constructing the country’s first nuclear power plant. According to Kazatomprom (KAP), Uranium One Group has sold its 49.979% stake in the Zarechnoye joint …
The construction and installation works are completed at Unit 1 of Rooppur NPP being constructed by the Engineering Division of State Atomic Energy Corporation Rosatom in the People’s Republic of Bangladesh. The personnel of the NPP has started a large-scale test program. On December 18, the first stage of operation commenced for bringing the reactor …