Government likely to sign Dabaa nuclear power plant deal in October

The Egyptian presidency has studied the possibility of signing the contracts for Dabaa nuclear power plant along with the opening ceremony of opening new Alamein city in October 2017, anonymous sources in the Egyptian government said on Wednesday. The sources added that the ministries of Housing and Investment will celebrate with the 75th anniversary of …

V.PLU: Announces Proposed Non-Brokered Private Placement

TORONTO, ONTARIO–(Marketwired – Sept. 29, 2017) – Plateau Uranium Inc. (“Plateau Uranium” or the “Company”) (PLU)(otcqb:PLUUF)(frankfurt:QG1) announced today that it intends to proceed with a non-brokered private placement of units (“Units”) to raise gross proceeds of up to C$1,800,000 (subject to the right to increase the size of the financing if demand is sufficient) (the “Financing”). …

V.PTU: Announces Plans to Continue 2017 Drilling at Hook Lake

FOR IMMEDIATE RELEASE Toronto, Ontario – September 28, 2017 – Purepoint Uranium Group Inc. (the “Company” or “Purepoint”) (TSX:PTU.V) today provided an update on their Hook Lake project drill plans for the remainder of 2017.  Residing within the Patterson Uranium District, the Hook Lake JV is a project owned jointly by Cameco Corp. (39.5%), AREVA …

GoviEx receives expressions of interest from project lenders for Niger uranium project

JOHANNESBURG  – TSX-V-listed GoviEx Uranium has received expressions of interest from export credit agencies and project finance banks to arrange $220-million of senior debt financing for the construction of the Madaouela uranium project, in Niger. This followed the earlier appointment of Medea Capital Partners as project debt adviser and is in line with the Africa-focused exploration and development company’s four-step strategy to …

China National Nuclear, Shenhua team up to develop gen-4 reactor

SHANGHAI (Reuters) – The China National Nuclear Corp (CNNC) has signed an agreement with the Shenhua Group, China’s biggest coal producer, to promote the development of advanced “traveling wave” reactor technology, the state nuclear giant said. At a ceremony on Tuesday, the two sides signed an investment agreement to promote fourth-generation traveling wave reactors (TWR), …