China powers up on nuclear projects – Business –

  Aug 1, 2017   in Industry News

CGN is becoming a major player on the global stage after expanding its civil uranium supply chain to meet increased domestic demand China’s largest nuclear power group is expanding its uranium supply chain for domestic and worldwide civil projects. The State-owned China General Nuclear Power Corp has put together agreements in most of the uranium-producing […]

Positive signals herald increased US reliance on nuclear as part of renewables mix

  Jul 28, 2017   in Industry News

“Nuclear power is increasingly being thrown into the mix as states prepare to implement renewable energy strategies, and will result in new-build projects on a state level in the US. I see substantial state-level law changes coming that increasingly equates nuclear generation with renewable energy options,” he told the Sprott Natural Resource Symposium held in […]

Forecasts for uranium price all point up |

  Jul 13, 2017   in Industry News

After top supplier Kazakhstan announced in the second week of January that it’s cutting output by 5.2 million pounds, equal to 3% of global production, the price rallied, hitting $26.75 a pound by mid-February. Uranium improved to an 8-week high this week, but consensus forecasts are for a 35% rise over the next 12 months. Read more […]

Industry Experts Optimistic About Uranium Market | Investing News Network

  Jun 8, 2017   in Industry News, Media Coverage

Industry analysts and uranium exploration companies discussed complex factors impacting the uranium market now and in the future. Source: Industry Experts Optimistic About Uranium Market | Investing News Network

“Forget oil — it’s time to ‘nuke’ your portfolio” – Market Watch

  Jun 6, 2017   in Industry News, Media Coverage

Read more about how the multitude of nuclear power plants being constructed right now, and their tendency to purchase long-term supplies of Uranium early on, could affect Uranium prices. Uranium sold for $73 a pound right before Japan’s March 2011 Fukushima Daiichi nuclear disaster. Now it goes for around $20. As you might guess, much […]

Nuclear Reactor Barakah, Major Milestone For UAE

  May 31, 2017   in Industry News

Barakah Unit 1 is the first of four reactors being built at the Barakah site. Construction started in July 2012 and the overall project, including construction, testing and commissioning of systems, is now over 95% complete.  Unit 1 is now scheduled to start operations in 2018 and ENEC aims to deliver all four reactors in […]

SmitheWeekly International “Best Investment of the Decade” lists PLU as #2 of the top 5

SmitheWeekly International “Best Investment of the Decade” lists PLU as #2 of the top 5

SmithWeekly International publishes researched eLetters and reports on investments. Their most recent report on Nuclear Energy lists Plateau Uranium Inc. as #2 in their top 5 best investments on the decade. Our second must own is a company called Plateau Uranium (TSXV:PLU). Plateau has an excellent project in Peru that is ready for development and production […]

“Japanese reactor restarts after lifting of injunction” – World Nuclear News

  May 26, 2017   in Industry News One Comment

Check out the resolution to what has been an ongoing legal battle to resume electricity generation at the nuclear power plant, Takahama 4. Kansai Electric Power Company announced today that it had restarted unit 4 of its Takahama nuclear power plant in Fukui prefecture. The reactor – which together with unit 3 has been offline […]

Kazakhstan influenced world uranium price increase – Bozumbaev

  May 15, 2017   in Industry News, Media Coverage

ASTANA. KAZINFORM The reduction of uranium mining in Kazakhstan facilitated price increase for the metal, the country’s Energy Minister Kanat Bozumbayev said at a government hour in Majilis, Kazinform correspondent reports. “Today, there is an increase in supply in the world uranium market. This trend arose after the Fukushima incident in 2011 and it continues. […]

Uranium producers prepare for market recovery

  May 2, 2017   in Industry News

Some of the world’s leading uranium miners last week described major changes they have made in response to the protracted downturn in uranium prices. At the same time, they are positioning themselves for an expected pickup in demand. Source: Uranium producers prepare for market recovery