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Tuesday
Apr222014

Niger could sign new deal with Areva within days: mines minister

Chart courtesy of u308.biz

(Reuters) - The government of Niger, the world's fourth largest uranium producer, is on the verge of renewing an agreement with French state-controlled nuclear group Areva, the West African nation's mines minister said on Sunday.

Niger, one of the world's poorest nations, is pushing to boost revenues from its uranium,

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Tuesday
Apr222014

China: Nuclear plants to get the nod

 


China is quickening its approvals for nuclear energy and will launch projects in coastal areas to ensure energy security and economic growth, according to the State Energy Commission.

In a statement released on Sunday, the commission said it discussed strategic problems in the development of the energy resources industry as well as some major projects. The launch of new projects will resume at the proper time and will adopt the highest international safety standards, according to the commission, which met on Friday.

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Monday
Apr142014

Japan’s New Energy Plan Could be Positive for Uranium’s Future

Japan isn’t giving up on nuclear yet, and its Cabinet’s recent approval of a new energyplan could be the first step toward a uranium market turnaround. The plan calls the heavy metal “an important baseload power source,” reinstating its importance in the Japanese energy mix.

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Thursday
Apr102014

Japan approves energy plan reinstating nuclear power

(Reuters) - Japan's Cabinet on Friday approved a new energy policy, reversing the previous government's plans to gradually mothball nuclear power plants following the 2011 Fukushima disaster.

The plan defines nuclear as an "important baseload power source" and says

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Wednesday
Apr022014

Breakthrough in Fusion Research Brings New Nuclear Power Source Closer

Nuclear fusion has similarities to conventionally produced nuclear power in that it produces zero carbon electric power, but its big advantage over fission nuclear power is that it generates no nuclear waste, the bane of fission nuclear power plants. Recent research breakthroughs are bringing closer the day that power generation from fusion reactors will become a reality.

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Monday
Mar312014

Conjuring Profits from Uranium's Resurgence: David Sadowski

Source: Tom Armistead of The Energy Report  (3/27/14)

It doesn't take a Ouija board to predict a rebound in the price of uranium: Global fuel stocks are insufficient, and unmet demand for uranium is growing. In this interview with The Energy Report, David Sadowski, a mining research analyst at Raymond James, explains the forces that will push the price of uranium, and the companies that are likely to benefit. Being selective, he says, will provide the greatest rewards.

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Sunday
Mar302014

EDF to miss its own deadline for Hinkley Point nuclear decision as EC state aid investigation drags on

French energy giant does not expect to take final investment decision on Britain's first new nuclear plant in a generation until the autumn, missing its own target of July

EDF expects to miss its own deadline

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Sunday
Mar232014

Warily Leading Japan’s Nuclear Reawakening

The Ikata Nuclear Power Station, which was idled after the 2011 disaster in Fukushima, is likely to be restarted soon to help bolster a recovery in Japan. CreditKo Sasaki for The New York Times

IKATA, Japan — To power his plans for Japan’s economic revival, Prime Minister Shinzo Abe could soon return his nation to nuclear power for the first time since the Fukushima accident three years ago. But before he can, he will need the consent of the remote towns like this one that host Japan’s idled nuclear plants.

All signs are that he will get it.

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Thursday
Mar202014

Survey: China Works Thorium into Nuclear Plans

By  - Exclusive to Uranium Investing News

The heat is on. Or at least that’s the intention with the new thorium-fired nuclear plants that China is looking to build. Scientists in Shanghai are on an accelerated schedule to develop the first fully functioning thorium reactor within the next 10 years.

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Tuesday
Mar182014

Exclusive: Dungeness nuclear power station quietly taken offline for five months over fears of Fukushima-style flood disaster

The energy giant EDF has been accused of playing down the threat of flooding at Dungeness after it emerged that one of the nuclear power plant’s reactors was quietly shut down for five months last year after experts identified risk of a Fukushima-style disaster.

EDF closed the reactor on the Kent coast on 22 May to allow work on a new flood protection wall,

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