Unit 4 of the Ohi nuclear power plant in Japan's Fukui Prefecture began supplying electricity to the grid again on 11 May, Kansai Electric Power Company has announced. The reactor is expected to re-enter commercial operation early next month.Ohi units 3 and 4 (Image: Kansai)Following the shutdown of all of Japan's reactors after the March 2011 accident at the Fukushima Daiichi plant, Ohi 3 and 4 w...Read More
The merger of Azarga Uranium (TSX: AZZ; US-OTC: PWURF) and URZ Energy (TSXV: URZ; US-OTC: URZZF) will create a new uranium development company focused on in situ recovery (ISR) uranium deposits in the United States.Azarga controls six uranium assets in the U.S. and its flagship project, Dewey Burdock in South Dakota, has received key permits from the Environmental Protection Agency. URZ Energy...Read More
CENTENNIAL, Colo., May 14, 2018 - Westwater Resources, Inc. (Nasdaq: WWR), an energy materials development company, announced today its results for the first quarter of fiscal year 2018, and also discussed its business outlook and its energy materials business development in 2018.Christopher M. Jones, President and Chief Executive Officer, said, "Our continued work to diversify into battery materi...Read More
The UK's Office for Nuclear Regulation (ONR) has laid its latest Corporate Plan before Parliament in which it lists its ten priorities for 2018-2019. These include developing a new regime to meet safeguarding obligations following Parliament's decision to exit Euratom, along with measures to support the implementation of new emergency planning arrangements as a result of the Basic Standards Direct...Read More
The US Nuclear Energy Institute (NEI) has called on the Federal Energy Regulatory Commission (FERC) to move quickly to define, foster and retain resiliency on the country's electricity grid before further nuclear generating capacity is lost through premature plant retirements. Meanwhile, the independent, non-partisan Center for Climate and Energy Solutions (C2ES) has issued a new report outlining...Read More
The UK government has launched an open consultation on the future regulation of nuclear sites in the final stages of decommissioning and clean-up. The Department for Business, Energy and Industrial Strategy (BEIS) said the consultation seeks to enable a "more flexible approach that can optimise waste management, thereby realising environmental benefits and reducing costs".There are 36 nuclear site...Read More
As long as Iran continues to implement its nuclear related commitments, as it is doing so far, the European Union will remain committed to the continued full and effective implementation of the nuclear deal, the EU's High Representative and Vice-President Federica Mogherini said yesterday. "We fully trust the work, competence and autonomy of the International Atomic Energy Agency that has publishe...Read More
Centennial, CO - May 9, 2018 -Westwater Resources, Inc. (NASDAQ: WWR) will hold a conference call to discuss its first quarter 2018 financial results and recent developments on Monday, May 14, 2018 at 1:00 p.m. Eastern Time (11:00 a.m. Mountain Time).Dial-in Numbers: +1 (800) 319-4610 (U.S. and Canada) +1 (604) 638-5340 (International)Conf...Read More
By combining flexible nuclear power plant operation with the use of variable renewable energy sources, Europe will be able to ensure security of energy supply while reducing its greenhouse gas emissions, according to the European nuclear trade body Foratom. However, it calls for an EU energy policy that creates the right market and regulatory conditions for this to happen.Brussels-based Foratom no...Read More
Weekly Reports |May 08 2018Demand picked up in the spot uranium market last week but every time the sellers back off the buyers lose interest once more.-Uranium market activity reasonable in April-Spot price rises in May-Australian sales to India getting closerBy Greg PeelActivity in the uranium market in the month of April did not match that of March but was brisk nonetheless, as fuel loading beg...Read More
Azarga Uranium Corp and URZ Energy Corp have announced they are to merge to form a new US-focused in-situ leach (ISL) uranium development company. The merger will allow the companies, which are both based in Vancouver, Canada, to consolidate their US uranium assets which together include measured and indicated resources of 30.7 million pounds U3O8 (11,809 tU) plus additional inferred resources of...Read More
Seven of the thirteen gold miners who were trapped underground since Thursday at Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) mine in South Africa have died as a result of their injuries, the company confirmed Saturday.The workers got stuck at the company's Masakhane mine, part of the Driefontein operations following a quake that caused a fall of ground in an operating stope.The deaths brings the nu...Read More
Four miners have died, three remain stuck underground and two are still missing at one of Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) gold mines in South Africa following a quake caused a fall of ground Thursday, trapping a total of 13 workers.Two more quakes were felt Friday near the Masakhane mine, part of the company's Driefontein operations, where three of the workers remained trapped and two u...Read More
US enriched uranium supplier Centrus Energy Corporation has signed a long-term agreement with French company Orano to provide it with separative work units (SWU) from 2020.The agreement was signed on 27 April and will further expand Centrus' enrichment supply base to support customer requirements, the Bethesda, Maryland-based company said yesterday. It will see Orano, operator of the 7.5 million S...Read More
A laser-cutting robotic snake has been deployed on the highly-radioactive core of the redundant Dragon reactor at Winfrith in the UK. Meanwhile, machine learning algorithms to increase capabilities in several crucial areas of nuclear robotics - including waste handling, cell decommissioning and site monitoring with mobile robots - are to be created by a team of computer scientists from the Univers...Read More
Eight of the thirteen gold miners trapped underground at Sibanye-Stillwater's (JSE:SGL) (NYSE:SBGL) Masakhane mine in South Africa remain missing, the company said after a seismic event caused a fall of ground in an operating stope at one of the company's gold mines.Contact was made with six workers earlier on Thursday and two two were brought to surface safely, the firm said, but one of them reg...Read More
Swedish utility Vattenfall has signed contracts - the values of which have not been disclosed - for the supply of fuel assemblies for units at the Forsmark and Ringhals nuclear power plants. France's Framatome is to supply fuel for Forsmark 3 and Ringhals 3 and 4, while US-Spanish joint venture GNF Enusa will produce fuel for Forsmark 1 and 2.Framatome is to supply fuel to Ringhals 3 and 4 (Image:...Read More
A prefeasibility study is underway for what may become the Arrow uranium mine on the south rim of the Athabasca Basin. (Image: NexGen Energy)SASKATCHEWAN - Vancouver-based NexGen Energy has concluded its 54-hole winter drilling campaign at the Arrow and Arrow South targets as well as a regional program. The targets form part of the Rook 1 uranium property in the Athabasca Basin.Follow up drilling...Read More
The International Atomic Energy Agency (IAEA) has helped remove 27 disused highly radioactive sources - mainly used for medical purposes such as treating cancer and sterilising instruments - from five South American countries. It was the largest such project facilitated by the IAEA in terms of both the number of sources and countries involved.One of the containers with DSRS which were transported...Read More
Weekly Reports |May 01 2018Ongoing supply cut announcements from uranium producers continue to have no impact on the spot price.-Minor rise in spot price-More production cuts-Reactor number 8 to restart in JapanBy Greg PeelActivity was relatively brisk in the spot uranium market last week, industry consultant TradeTech reports, with utilities, producers, traders and speculators all represented on...Read More