France's Framatome and China National Nuclear Corporation (CNNC) have signed a protocol for the development of global strategic cooperation. They have also renewed a contract under which Framatome will supply nuclear fuel components to CNNC.The protocol was signed in Beijing during the first visit to China by French President Emmanuel Macron from 8 to 10 January. It was signed by Framatome CEO Ber...Read More
Russian State Expert Examination Board (Glavgosexpertiza) has approved the operation of the floating nuclear power plant Akademik Lomonosov. The authority said on 9 December it had approved the project in Russia's northernmost city of Pevek that is being funded by Rosenergoatom, the nuclear power plant operator subsidiary of Rosatom.The Akademik Lomonosov (Image: Rosenergoatom)Currently moored at...Read More
VANCOUVER, BC--(Marketwired - January 10, 2018) - Anfield Energy, Inc. (TSX VENTURE: AEC) (OTCQB: ANLDF) (FRANKFURT: 0AD) ("Anfield" or "the Company") following the name change and share consolidation, is pleased to provide this review and corporate update of its very active and constructive 2017. Anfield continues to position itself to become a top-tier U.S.-based uranium producer to take advant...Read More
Cooperation on nuclear power technology is to be expanded between China General Nuclear (CGN) and the French Alternative Energies and Atomic Energy Commission (CEA) under an agreement signed yesterday in Beijing. New Areva and China National Nuclear Corporation (CNNC) have also agreed to work towards signing a contract for the construction of a used fuel processing and recycling facility in China....Read More
TORONTO, ONTARIO--(Marketwired - Jan. 9, 2018) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at December 31, 2017 was CAD$506.0 million or CAD$3.82 per share. As at December 31, 2017, UPC's uranium investment portfolio consisted of the following:(in thousands of Canadian dollars, except quantity amounts)QuantityFair ValueInvestments in Uranium: Uraniu...Read More
EDF has completed cold functional tests at the EPR reactor under construction at its Flamanville site in northern France. Flamanville unit 3 is scheduled to begin operating by the end of this year.The Flamanville EPR (Image: Alexis Morin and Antoine-Soubigou/EDF)Cold functional tests are carried out to confirm whether components and systems important to safety are properly installed and ready to o...Read More
The Republican-controlled Federal Energy Regulatory Commission or FERC unexpectedly and unanimously rejected Energy Secretary Rick Perry's plan to boost nuclear plants and slow down the closure of coal-powered plants.According to Perry, the US' power grid would become vulnerable if more coal-fired power plants were to close down, a common occurrence in past years as the rise of natural gas and ren...Read More
A tractor-trailer carrying uranium concentrate or yellowcake to Cameco's Blind River refinery was involved in a minor traffic accident on Sunday. The incident took place on the Trans-Canada Highway (Highway 17) between Wawa and Sault Ste. Marie, Ontario.Although Cameco says the contracted transportation company is investigating to determine the cause of the accident, local newspaper Sault Star rep...Read More
Canadian federal and provincial authorities have completed their technical assessment of Canadian Nuclear Laboratories' (CNL's) draft environmental impact statement (EIS) for the proposed in-situ decommissioning of Whiteshell Reactor 1 (WR-1).The proposal would involve filling the below-grade portions of the WNR-1 reactor, shown in this diagram, with a special grout (Image: CNL)The research reacto...Read More
Big cap diversified miners are riding a wave of optimism as global growth prospects - especially in manufacturing - continues to strengthen. Global economic activity as measured by the JP Morgan global manufacturing and services index showed output rising at the fastest pace since March 2015.The manufacturing index has now signalled expansion for a record 82 months in a row and the investment...Read More
VANCOUVER, BC--(Marketwired - January 05, 2018) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce that Ms. Laurie Thomas, CPA, CMA, CPIR has been appointed as Vice President Corporate Relations effective January 2, 2018.Ms. Laurie Thomas is a Chartered Professional Accountant and Certified Professional in Investor Relations with more than 20 years of professional experi...Read More
The Atmea joint venture between France's Areva and Japan's Mitsubishi Heavy Industries (MHI) is to be reorganised following the sale of Areva's reactor business to EDF, MHI and Assystem. Atmea was created in 2007 to develop, market, license and sell the 1100 MWe Atmea-1 pressurised water reactor combining both companies' technologies.A cutaway of a nuclear power plant based on the Atmea 1 reactor...Read More
TORONTO, ONTARIO--(Marketwired - Jan. 4, 2018) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE MKT:DNN)(NYSE American:DNN) is pleased to announce that it has retained Stantec Consulting Inc. ("Stantec") and ENGCOMP Engineering and Computing Professionals Inc. ("ENGCOMP") to lead and author the Pre-Feasibility Study ("PFS") for the Wheeler River project, which is the largest undev...Read More
New NP - the Areva NP subsidiary holding the Areva Group's nuclear reactor operations - has been renamed Framatome following its sale to EDF, Mitsubishi Heavy Industries (MHI) and Assystem. Framatome is the name of a former French reactor vendor from which Areva was originally created.French utility EDF agreed in July 2015 to take a stake of between 51% and 75% in Areva SA's reactor unit in a gove...Read More
SASKATCHEWAN - Toronto's Denison Mines Corp. is ready to begin the pre-feasibility study for its Wheeler River uranium project in the Athabasca Basin. The company has engaged Stantec Consulting and Engcomp Engineering and Computing Professionals to lead and author the study. Hatch will assemble the mineral processing information, and Denison Environmental Services will handle that part.Drill cor...Read More
KELOWNA, BRITISH COLUMBIA--(Marketwired - Jan. 3, 2017) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce the remaining assay results from its summer 2017 program at its' PLS property in Canada's Athabasca Basin region. The final three holes to report targeted the shallow, high-grade R780E zone as part of a metallurgical study for use...Read More
Dominion Energy and Scana Corporation have today announced an agreement for them to combine in a stock-for-stock merger. They said the agreement calls for "significant benefits" to Scana's South Carolina Electric & Gas Company subsidiary (SCE&G) electricity customers to offset previous and future costs related to the withdrawn VC Summer units 2 and 3 nuclear power plant project.After the c...Read More
The Ontario Energy Board (OEB) has published its decision on Ontario Power Generation's (OPG's) application regarding payments for regulated nuclear and hydropower output in 2017-2021. While approving budgets for the refurbishment and extended operation of reactors, the regulator called for OPG to cut costs. Six of government-owned OPG's hydropower plants and three nuclear power plants - Pickerin...Read More
A longitudinal section of the PLS property including the Triple R deposit and multiple opportunities for expansion. (Image: Fission Uranium)SASKATCHEWAN - Fission Uranium Corp. of Kelowna, B.C., has received assays from three of the highest grade holes drilled to date at its Patterson Lake South project in the Athabasca Basin. The holes were drilled in the R780E zone as part of a metallurgical stu...Read More
Mickey Fulp the Mercenary Geologist sits down with Maurice Jackson of Proven and Probable to revisit the virtues of a proven methodology that he has employed with regards to tax loss selling. Mickey shares how to be selective in buying particular issuers within a specific date range that have produced fairly consistent returns ranging from 10% up to 50%! Mickey also shares the best value propo...Read More