The British Prime Minister, Gordon Brown, has said that is it time to become more ambitious with the plans for nuclear power for Britain. Three cheers for the British PM!

As we see it the United Kingdom government have adopted a softly, softly approach to nuclear power by first of all introducing the idea of replacing the old plants and are now going a tiny step further by recognising the need for more nuclear power plants (read more…)

Britain’s antiquated nuclear power plants are due to be decommissioned at a considerable cost. A total of nineteen power plants, some of which are over fifty years old have now outlived their usefulness.

Referring to the clean programme at Britain’s biggest plant, Sellafield, Jim Morse, a senior director at the Nuclear Decommissioning Authority had this to say (read more…)

Laramide Resources Limited continued its rival with the stock price moving up to $4.89, a vast improvement on the $3.04 that it traded at earlier this month.

This uranium stock, along with MGA are the only two stocks that we have held ‘buy’ orders on throughout this difficult period for this sector, so we are pleased to see it coming back to life with a gain of almost 60% in a few short weeks (read more…)

After taking a severe beating the uranium sector is showing signs of a recovery. Scanning the radar there appears to be a number of differing opinions tabled in support of nuclear power, one of which is the high cost of oil (read more…)

Cameco fell 5.4 percent, to C$40.52 yesterday on the Toronto Stock Exchange its biggest one-day drop for some time. The drop is attributed to a theoretical leak of arsenic and uranium into Lake Ontario.

The possibility of this leak is based on ‘modelling’ which indicates that there could be some trace elements finding their way into Port Hope harbour (read more…)

This chart is courtesy of www.U308.biz.

This has been a much better month for holders of uranium stocks, as signs of rising stock prices appear to be popping up here and there. Yesterday was especially good with the following stocks leaping to higher levels: RSC: 17.14%, LAM: 16.58%, MGA: 6.79%, KRI: 22.73% and URE: 22.16% (read more…)

In its quarterly report Uranium One has said that the development of the Honeymoon uranium mine, northwest of Broken Hill, has been suspended until a development partner can be found. Executive vice-president Australia and Asia Greg Cochran is quoted as follows:

“What we’re doing is we’ve recognised we need to have a bigger portfolio, and so that, together with sharing some of the cost of development with a partner, has meant that we’re moving in the partner mould. It does mean a postponement of course of what is currently going on at Honeymoon but that’s just until we get through this stage (read more…)

Aurora Energy Resources Incorporated has announced its intention to implement an outreach programme where the focus will be on building community support. The company has said that for the remainder of the year its activities will include a tailings management options study, an environmental baseline program, a community outreach program, a training plan, engineering studies, and ongoing infill drilling (read more…)

The Green Room hosts a series of discussion pieces on environmental topics on a weekly basis at the BBC News website. This week Dr Peter Bleasdale argues that Nuclear power has a key part to play in providing the UK with reliable, low carbon electricity in the future.

So, after years on neglect Britain is moving forward, ever so slowly in our opinion, with the establishment of the National Nuclear Laboratory (NNL). This is one of the requirements in the findings of the white paper entitled: ‘Meeting the Energy Challenge (read more…)

Within 5 miles of the Grand Canyon National Park, there are more than 1,100 uranium claims, a massive increase when you consider that there were only 10 in January 2003, the Department of the Interior reports.

As the search for uranium continues it would appear that nowhere is sacred (read more…)