President Evo Morales said Thursday that Bolivia will launch its civilian nuclear energy program this year, a project that will include the construction of plants in the western province of La Paz and an investment outlay of more than $2 billion through 2025.
All eyes are on New York City this week, as world leaders come together for the U.N. Climate Summit – an event that aspires to shape the national and global energy future. The U.N. Climate Summit will build global partnerships among representatives from business, science, advocacy and government sectors. These partnerships will take action on an essential plan to reduce carbon pollution and address global climate change. This plan must include realistic actions that take us toward sustainable energy solutions,
Chart courtesy of u308.biz
Patience could finally start to pay off for investors waiting for a revival of the uranium market that imploded in the aftermath of Japan’s nuclear disaster in 2011.
After the spot price hit a nine-year low of $28 (U.S.) this spring on oversupply concerns, dragging uranium equities down with it, many investors believe the commodity used to fuel nuclear power plants has finally hit bottom, as the demand picture brightens.
A summer of good news has continued into the fall for Denison Mines (TSX:DML,NYSE:DNN). On Wednesday the company announced that it has extended the Gryphon Zone of its Wheeler River property and has concluded its 2014 summer drilling programs at Wheeler River, Crawford Lake and Bachman Lake.
Denison has now drilled a total of 14,397 meters in 20 holes in the Gryphon Zone. The Gryphon Zone measures 350 meters by 60 meters,
As a former governor, I am familiar with the challenge of balancing the immediate electricity and heating needs of our citizens with the long-term priority of ensuring that power comes from a diverse mix of energy sources that allows us flexibility as we fight the effects of climate change.
The recent action by the ECB appears to have caught many gold bulls off guard. A common interpretation of the impact that a potential quantitative easing program would have on gold prices was that it would be very bullish. This argument was based on the concept that money printing is bullish for gold, and that QE1 and QE2 by the Fed triggered major rallies in the yellow metal. Whilst we do not dispute that QE1 and QE2 by the Fed were indeed bullish for gold, we strongly disagreed that the ECB would introduce a program that would spark a major rally. In fact we went further, predicting that what the ECB was going to do was in fact highly bearish for gold, and in this article we will endeavour to explain why.
Despite the title of this post Uranium does get a mention:
Today one of the wealthiest people in the financial world told King World News that the take downs in the gold, silver, oil, and uranium markets will end badly for the bears. Rick Rule, who is business partners with Eric Sprott, also discussed why he is so incredibly bullish on the metals and energy.
If deal goes through, it will enable Uranium sales by Australia to India
Australian Prime Minister Tony Abbott arrived in New Delhi Thursday on a two-day visit during which both countries will look at ways to deepen strategic ties and strengthen bilateral trade and commerce.
The big-ticket item on the agenda, however, is the likely signing on September 5 of a long-pending civil nuclear agreement that will smooth the way for uranium sales to India.