Denison Announces Agreement to Form Exploration Joint Ventures with Cosa Resources

Denison Mines Corp. (“Denison” or the “Company“) (TSX: DML) (NYSE American: DNN) is pleased to announce that is has executed an agreement (the “Agreement“) with Cosa Resources Corp. (“Cosa”) (TSX-V: COSA) to form three uranium exploration joint ventures in the eastern portion of the Athabasca Basin region in northern Saskatchewan. Pursuant to the Agreement, Cosa will acquire a 70% interest …

V.PTU and T.CCO Approve 2025 Drill Program for Smart Lake Joint Venture

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company“) is pleased to announce the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada. The Smart Lake JV, jointly owned by …

Amazon offers $334M for nuclear reactors to be built at Hanford

The small modular reactor could reestablish nuclear power as an alternative energy source, with the Washington-based company as its biggest investor. he latest attempt to put Washington at the center of nuclear power development is happening at the site of the state’s last effort, which mostly failed almost 40 years ago. And one of the …

T.DML Files Final Wheeler River Environmental Impact Statement with CNSC Following Completion of Technical Review

Denison Mines Corp. (“Denison” or the “Company“) (TSX: DML) (NYSE American: DNN) is pleased to announce that it has filed a final Environmental Impact Statement (“EIS“) for the Wheeler River Uranium Project (“Wheeler River” or the “Project“) with the Canadian Nuclear Safety Commission (“CNSC“), after successfully completing the rigorous technical review phase of the federal Environmental …

V.PTU Closes $2,200,000 Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company“) announced today the closing of its previously announced non-brokered private placement (the “Private Placement“). In connection with the closing, the Company issued 7,333,331 units (“Units“) at a price of $0.30 per unit for aggregate gross proceeds of $2,200,000. Each Unit consists of one …

China triples uranium imports from Russia

Moscow previously banned the export of strategically important nuclear fuel to Washington       Beijing is poised to become the largest importer of Russian nuclear fuel this year, following Moscow’s ban on enriched uranium exports to the US in retaliation for Washington’s selective restrictions. Over the past ten months, China has purchased $849 million …

Westinghouse and CORE POWER Partner for Floating Nuclear Power Plants Using eVinci™ Microreactors

Westinghouse Electric Company and CORE POWER today announced the formalization of a cooperative agreement for the design and development of a floating nuclear power plant (FNPP) using the industry-leading eVinci™ microreactor. FNPPs are a game-changing approach to deploying nuclear energy to islands, ports, coastal communities and industry. These innovative power plants can be centrally manufactured …

Reactor restarts push up nuclear power share to 8.5% in FY 2023

  The No. 2 reactor at the Onagawa nuclear power plant in Miyagi Prefecture, foreground, right, which resumed operations on Oct. 29 (Masaaki Kobayashi) Nuclear power accounted for 8.5 percent of Japan’s total electricity generation in fiscal 2023, the highest level since 2012, the industry ministry said. The ratio rose by 2.9 percentage points from …

Nuclear sector pins hopes on 2026 for ‘low-carbon’ hydrogen label

Draft rules proposed by the European Commission propose postponing until 1 July 2028 a decision on whether nuclear energy-derived hydrogen can be eligible for the ‘low-carbon’ label. Nuclear energy advocates are pushing for the European Commission to label nuclear-derived hydrogen as ‘low-carbon’, but several industry sources told Euractiv that would prefer the decision is brought …

Romania to resume uranium production under new energy strategy

The Romanian government said it approved the country’s new energy strategy for the period 2025-2035, with a long-term outlook to 2050, thereby committing to resuming the production of uranium for generation of nuclear energy. Source: code83, pixabay.com The new energy strategy outlines key objectives to ensure energy security, sustainability, and accessibility while aligning with the …