Russia, Bangladesh and India yesterday signed a memorandum on cooperation in the implementation of the Rooppur nuclear power plant project. Construction of Bangladesh's first nuclear power reactor, Rooppur 1, officially began in late November 2017.The signing of the memorandum (Image: Rosatom)The memorandum is between Russian state nuclear corporation Rosatom, the Ministry of Science and Technolog...Read More
CENTENNIAL, Colo., March 2, 2018 - Westwater Resources, Inc. (Nasdaq: WWR) (the "Company"), an energy minerals exploration and development company, announced today its results for fiscal year 2017 ending December 31, 2017, and also discussed its business outlook and its energy minerals business development for 2018. "2017 was a pivotal year for the Company with the strategic move to increase our...Read More
Georgia Power has hired 14 operators for Vogtle 3 and 4 from the abandoned VC Summer nuclear project. In its latest report to the Georgia Public Service Commission (PSC), the company said this will save nearly two years of training time and costs.Vogtle unit 3, pictured in January 2018 (Image: Georgia Power)Georgia Power is required to file reports with the PSC every six month to provide an update...Read More
An agreement signed today in Vienna will enable students from Kenya, Tanzania, Tunisia and South Africa to access a research reactor in Morocco for the purpose of nuclear education and training. Researchers from other African countries are expected to join the project in the future.Research reactors are vital for the study of modern nuclear analytical techniques, but there are only nine of them op...Read More
Costly mistakes have caused "untold reputational damage" to the UK's Nuclear Decommissioning Authority (NDA), according to a parliamentary report published yesterday. The Public Accounts Committee (PAC) report also says that central government "must share the blame" for failures over a GBP6.1 billion (USD8.4 billion) Magnox contract that was terminated nine years early.Cavendish Fluor Partnership...Read More
An experienced nuclear country like the UK should aim to have nuclear accounting for around 50% of its energy mix, according to World Nuclear Association Director General Agneta Rising. She was speaking at the Civil Nuclear Showcase conference in London on 27 February.Nuclear energy currently accounts for about 20% of the UK's electricity production. According to the Final Report of the Industrial...Read More
CENTENNIAL, Colo., March 1, 2018 - Westwater Resources, Inc. (Nasdaq: WWR) ("WWR" or "Westwater") is pleased to announce the completion of an initial optimization study of Alabama Graphite Corp.'s Coosa Graphite Project and the development of an enhanced business plan for its advancement. WWR is in the process of acquiring Alabama Graphite Corp. ("AGC"), with the transaction expected to close du...Read More
JOHANNESBURG, Feb 28 (Reuters) - South Africa's new mining minister Gwede Mantashe said on Wednesday he will finalise the latest version of an industry charter which lays out requirements for black ownership levels and other targets in the next three months.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top...Read More
Russian President Vladimir Putin met with the director general of Rosatom yesterday for an update on the state nuclear corporation's performance and investment strategy. The former deputy minister of economic development and trade, Alexey Likhachov took over the helm of Rosatom in October 2016, when Putin appointed Sergey Kirienko as first deputy head of the Presidential Administration.Putin and L...Read More
The revision of the EU Emissions Trading System (EU ETS) for its next phase (2021-2030) was approved by the Council of the European Union yesterday. Foratom, the European nuclear trade body, welcomed the reform but said more must be done to decarbonise Europe's economy.The EU ETS was launched in 2005 and operates in 31 countries - all 28 EU countries, plus Iceland, Liechtenstein and Norway. It is...Read More
WASHINGTON, Feb 27 (Reuters) - Uranium miner Energy Fuels said on Tuesday it has won federal approvals to expand operations at two mines in southeastern Utah, after years of challenges from conservation groups worried about radon gas emissions.The Bureau of Land Management and the U.S. Forest Service last week approved the expansion of the company's La Sal complex near the Manti-La Sal National Fo...Read More
Canada has launched a process to prepare a roadmap to explore the potential of on- and off-grid applications for small modular reactor (SMR) technology. The roadmap will help position Canada to become a global leader in the emerging SMR market, according to Natural Resources Canada (NRCan).The roadmapping process, which is part of NRCan's Energy Innovation Program, was announced on 22 February by...Read More
The UK's Office for Nuclear Regulation (ONR) is looking for suppliers to deliver a solution to provide a Safeguards Information Management and Reporting System (SIMRS). The is being advertised via the government's Digital Marketplace.ONR is to establish a new domestic civil nuclear safeguards regime ahead of the UK's withdrawal from the European Union and Euratom on 29 March 2019. The UK currently...Read More
Weekly Reports |Feb 27 2018The buyers are lined up in the uranium spot market but are not prepared to meet prices on offer.-Utility demand driving off sellers-Buyers not paying up-US uncertainty continuesBy Greg PeelLast week there were two non-US utilities awaiting offers in the uranium market, industry consultant TradeTech reports. Of note is one utility seeking a total of 1.02mlbs U3O8 to be de...Read More
Brazilian researchers linked to the University of S??o Paulo (USP) have developed a model based on conditions found at Mponeng gold mine near Johannesburg, South Africa, at a depth of 2.8 km, to evaluate how habitable Jupiter's icy moon Europa may be.Based on the theory that Europa may host life in an ocean of liquid water hidden under its 10 km-deep ice crust, the team located a similar environ...Read More
Japan's Tokyo Electric Power Company (Tepco) aims to become an innovative global energy and technology company, according to its president, Tomoaki Kobayakawa. He stressed the company will continue providing strong support for the restoration of Fukushima.Tepco is Japan's largest power company, supplying energy to the greater Kanto area, including the country's two biggest cities, Tokyo and Yokoha...Read More
Anfield Energy Inc (CVE:AEC) is focused on energy metals, in particular uranium and vanadium. It's not just an exploration play, however. In addition to attractive exploration opportunities in Arizona, Utah, Colorado and Wyoming, the company also owns the Shootaring Canyon Mill in Garfield County, Utah, one of only three licensed uranium mills in the United States.Uranium exploration assetsAnfield...Read More
Centennial, CO - February 26, 2018 -Westwater Resources, Inc. (NASDAQ: WWR) will hold a conference call to discuss its full year financial results for 2017 and recent developments on Friday, March 2, 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)...Read More
Fission Uranium grows resource at Triple RDespite uranium prices at decade lows and three years of belt tightening, Fission Uranium (TSX: FCU; US-OTC: FCUUF) has managed to increase the indicated resource at its Triple R deposit by 8% and the overall resource by 30%.The updated resource estimate for Triple R was based on five zones, which extend 3 km in length on the company's Patterson Lake Sou...Read More
Story by Jeff DesjardinsDraft list released by Feds on Feb 16th, 2018The Chart of the Week is a weekly Visual Capitalist feature on Fridays.What do cobalt, uranium, helium, titanium, and fluorspar have in common?According to the U.S. government, these are all minerals that are deemed critical to both the economic and national security of the country.The draft list of 35 critical minerals was r...Read More