Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (“Purepoint” or the “Company”) announced today drilling has commenced at the Hook Lake Project. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%). The Project lies on the southwestern edge of Canada’s Athabasca Basin and is adjacent to, and on …
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) announces the commencement of a 30,000-meter exploration drill program that will test priority targets on NexGen’s 100% owned properties that dominate the boundary of the proven high-grade uranium district of the southwest Athabasca Basin. The Company’s 2024 program builds on 2023 exploration results, which advanced the geological …
The Council of EU member states and the European Parliament agreed on Tuesday (6 February) to label nuclear power as a strategic technology for the EU’s decarbonisation, following months of intense negotiations in Brussels over the Net-Zero Industry Act (NZIA). Presented by the European Commission in March 2023, the NZIA aims to speed up the …
HD Korea Shipbuilding & Offshore Engineering (KSOE), a sub-holdings company of HD Hyundai, has held a joint research and technology exchange meeting with TerraPower and CORE POWER with plans unveiled to develop small modular nuclear reactors for use on newbuilds. The reactor, which will be jointly developed by KSOE and other partners including TerraPower and …
A land rights agreement signed with the Southern Ohio Diversification Initiative (SODI) gives Oklo Inc the option and right of first refusal to purchase land in Southern Ohio where Oklo envisages deploying two of its Aurora ‘powerhouses’. Meanwhile, the safety design strategy for a planned fuel facility in Idaho to support the deployment of its …
The reactor vessel for Kudankulam unit 4 has been lifted into its design position at the construction site in Tamil Nadu, Rosatom announced. The company said the installation was carried out on 24 January using the “open top” method, first used at Kudankulam 3. This involves installing the component while the reactor dome is still …
Five companies have expressed interest in constructing two new reactors using Westinghouse Electric’s AP1000 technology at Bulgaria’s Kozloduy nuclear power plant (NPP), special project company Kozloduy NPP-New Build said. The application deadline was February 2, with a commission set to review the submitted documentation starting February 5, Kozloduy NPP-New Build said in a statement on …
FISSION URANIUM CORP. (” Fission ” or the ” Company “) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and SCP Resource Finance LP (the ” Co-Lead Underwriters “), on behalf of a syndicate of underwriters (collectively with the Co-Lead Underwriters, the ” Underwriters “), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” …
The Senate’s border and Ukraine spending package contains more than $2 billion in funds for uranium processing, as the U.S. works to reduce global reliance on Russian energy exports. The text of the bill, released Sunday night, includes $2.72 billion in unspent grant funding for domestic uranium enrichment, with the goal of bolstering nuclear fuel …
Off the Siberian coast, not far from Alaska, a Russian ship has been docked at port for four years. The Akademik Lomonosov, the world’s first floating nuclear power plant, sends energy to around 200,000 people on land using next-wave nuclear technology: small modular reactors. This technology is also being used below sea level. Dozens of …
