At the COP29 UN climate change conference taking place in Baku, Azerbaijan, six more countries – El Salvador, Kazakhstan, Kenya, Kosovo, Nigeria and Turkey – have added their support for the tripling of global nuclear energy capacity by 2050. During COP28 – held in Dubai, UAE, in December last year – 25 countries backed a …
Cameco (TSX: CCO; NYSE: CCJ) reported today that it filed a technical report for the Inkai operation on a voluntary basis under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”). The technical report is being filed to provide updated information relating to the Inkai operation and not as a result of …
NexGen’s 2024 exploration campaign delivered a new discovery on Rook I at Patterson Corridor East (“PCE”) 3.5km east of Arrow. Subsequent drilling has materially expanded the mineralized zone to 600 m strike length and 600 m vertical extent with 19 of 30 holes intersecting mineralization including 10 holes with multiple intervals >10,000 cps. Today’s announcement highlights the best hole to …
President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology as a round-the-clock source of carbon-free power. President Joe Biden’s administration is setting out plans for the US to triple nuclear power capacity by 2050, with demand climbing for the technology …
“You’re going to see this kind of burst of activity that will be signing contracts that will come to reality in ’27, ’28, ’29, when we see acceleration of load growth,” said Duke Energy’s Brian Savoy. Duke Energy signed agreements in the third quarter of this year to connect 2 GW of new data centers, and anticipates …
Chugoku Electric Power Co. notified the Nuclear Regulation Authority on Monday that it plans to restart the No. 2 reactor at its Shimane nuclear power plant in western Japan on Dec. 7. The Shimane No. 2 unit will be the second boiling water reactor, after the No. 2 unit at Tohoku Electric Power Co.’s Onagawa …
NYSE-listed Uranium Energy (UEC) has released a preliminary economic assessment (PEA) for its Roughrider uranium project in Canada, valuing the asset at nearly $1-billion. The project, which UEC acquired from Rio Tinto in 2022 for $150-million, is projected to deliver substantial economic returns. The PEA estimates a post-tax net present value of $946-million for Roughrider, with an internal rate of …
Donald Trump enacted pro-nuclear policies during his first term and supported an “all-of-the-above” energy policy during the campaign, but some advocates fear a “divide between words and actions.” President-elect Donald Trump in August vowed to “approve new drilling, new pipelines, new refineries, new power plants [and] new reactors” on “day one” of his administration. But Trump has …
Denison Mines Corp. (‘Denison’ or the ‘Company’) (TSX: DML) (NYSE American: DNN) today filed its Condensed Consolidated Financial Statements and Management’s Discussion & Analysis (‘MD&A’) for the three and nine months ended September 30, 2024. Both documents will be available on the Company’s website at www.denisonmines.com, SEDAR+ (at www.sedarplus.ca) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these …
$946 Million Post-Tax NPV Strong Internal Rate of Return (IRR) of 40%, with 1.4 Year Payback All-in-Sustaining Costs (AISC) of $20.48 per Pound Average Life of Mine Production of 6.8 Million Pounds per Year Situated in the Infrastructure Rich Eastern Athabasca Basin, Saskatchewan, Canada Uranium Energy Corp (NYSE American: UEC, the “Company” or “UEC”) is …
