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1319 total  (226-250)   << < 10 11 12 13 14 15 16 17 18 19 20 > >>

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Andrew Topf reports that uranium production in Namibia is expected to triple by 2017 with the ramp-up of the massive Husab mine. In spite of weak commodity prices and relatively slow growth in external demand, the initiation of operation of a large-scale mining project will still support decent levels of economic growth. Namibian output of uranium in 2017, for example, is projected to be more than 3 times the volume produced in 2015, thanks in large part to the Husab uranium mine, Calle Schlettwein, Namibian finance minister. He added that tourism and export-oriented industries are expected to... More →
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Find Out More »  |  Open Resource  |  2016/06/17  |  152 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

James Moss opines that when Gov. Jay Inslee (WA) asked me in 2013 if I would sit on the Energy Northwest (EN) executive board as one of his three appointments to that board, I did not have to think twice. Not only did the mission of EN to provide reliable, cost-effective, environmentally responsible power strike me as being the right fit for the region, but the EN largest project, the Columbia Generating Station nuclear-energy facility, employs nearly 1,000 professionals, including hundreds of craft workers.

The recent action by the Seattle City Council to denigrate, even deny, the ... More →
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Find Out More »  |  Open Resource  |  2016/06/17  |  117 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Robert Bryce opines that if you are concerned about climate change, then you should take note of this. Over the last 8 months, utilities from NY to Nebraska have announced plans to shutter six nuclear reactors by 2019. These closures will come on the heels of earlier ones, 5 reactors have been shuttered in the last 3 years alone. The latest closure announcement came earlier this month when Exelon Corp., the largest nuclear-energy producer, said it would close 3 reactors at two sites in Illinois by 2018.

The 6 targeted reactors have been safely producing about 40 terawatt-hours of ze... More →
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Find Out More »  |  Open Resource  |  2016/06/17  |  122 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Kalyan Kumar reports that uranium, the main raw material used in nuclear reactors for energy production had been experiencing depressed prices since the tsunami in Japan in 2011. Among commodities, uranium was the worst-performing in 2016. Downcast prices made the raw material unprofitable to mine for many producers. But things are changing.

The raw material is back in the reckoning as high demand scenario is emerging with looming supply shortage. Miners have cut output and new nuclear plants are commanding a spike in demand, according to Uranium Energy Corp, reports Bloomberg.
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Find Out More »  |  Open Resource  |  2016/06/16  |  137 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Jocelyn Aspa reports that uranium is currently seeing rock-bottom prices, but some analysts project the price could double back up by 2018. Uranium prices are currently sitting at $28 per pound, a $0.25 decrease from last week. However, prices are expected to double back up come 2018.

Among those predicting the uranium price will pick back up is David Wang, an analyst with Morningstar, who has been predicting this rise for months. He expects the uranium price to reach $65 a pound by 2019. Another prediction comes from Haywood Securites, the firm expects the period between 2017-2020 ... More →
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Find Out More »  |  Open Resource  |  2016/06/16  |  133 Report Broken   Tell A Friend

Index / International Resources, Funding Society Responses

Dr. Conca reports that growing inequality has become one of the major political and economic concerns in the world as well as in the U.S. The growing disparity of wealth today has many parallels with the unequal societies that emerged in the Middle Ages, where wealth and power resided primarily in the hands of a few feudal lords including kings, dukes and assorted noblemen.

At the same time, energy issues, supplies and environmental effects have also been growing. It is easy to think that most things track evenly with wealth, the more money you have, the more of everything you can h... More →
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Find Out More »  |  Open Resource  |  2016/06/15  |  140 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

The construction of the United Arab Emirates first nuclear power plant has seen 14,000 Emirati companies share contracts worth a total of over $3 billion over the past six years, benefiting the economy and stimulating the growth of heavy industry in the country, the Emirates Nuclear Energy Corporation (Enec) announced today.

Construction began on the first of four Korean-designed pressurized water reactors at Barakah, about 80 km west of the town of Ruwais, in 2012. The first unit, which is now more than 87% complete, is scheduled to start up in 2017 with all four units due online b... More →
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Find Out More »  |  Open Resource  |  2016/06/14  |  102 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

With generous government subsidies and a green halo, wind power has been enjoying a lot of financial windfalls via governmental and local subsidies. Meanwhile, since being gutted by the Clinton administration in 1993, nuclear energy has been blocked so that it became increasingly less viable. For that reason, anti-nuclear activists thought Sweden would be a good target for their efforts, because they love to tout their lack of emissions. Yet the Swedes would end up with more emissions if they had added wind, according to new research.

The Swedish power supply is mainly based on a co... More →
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Find Out More »  |  Open Resource  |  2016/06/14  |  113 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Geert De Clercq reports that the Sweden plan to keep nuclear energy as part of its low-carbon energy mix is a major boost for the nuclear industry, the head of French utility EDF said on Tuesday. In a broad deal agreed with the main opposition parties, the Swedish government said last week it would phase out some taxes on nuclear power and allow up to 10 new nuclear reactors to be built as the country closes its old plants.

The Sweden support for nuclear is major news for the nuclear industry following Fukushima, EDF Chief Executive Officer Jean-Bernard Levy said at a seminar in Par... More →
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Find Out More »  |  Open Resource  |  2016/06/14  |  105 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Walter Jones, of the Augusta Chronicle, reports that executives at Georgia Power Co. are celebrating the achievement of milestones in the construction of two new nuclear reactors at Plant Vogtle, the final vertical level and the delivery of the final coolant pump.

Construction is still only one-third complete, but these achievements are significant, company officials said. Reaching the highest level of construction above the ground is a symbolic moment for the 5,300 workers at the site, as it is at all major construction projects. The highest point on the job is the top of the cooli... More →
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Find Out More »  |  Open Resource  |  2016/06/14  |  113 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

WNO reports that in the last 60 years uranium has become one of the most important energy minerals. It is mined and concentrated similarly to many other metals. While uranium is used almost entirely for making electricity, a small proportion is used for the important task of producing medical isotopes. Some is also used in marine propulsion, especially naval.

Uranium is a naturally occurring element with an average concentration of 2.8 parts per million in the Earth crust. Traces of it occur almost everywhere. It is more abundant than gold, silver or mercury, about the same as tin ... More →
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Find Out More »  |  Open Resource  |  2016/06/13  |  139 Report Broken   Tell A Friend

Index / Astrogeology, Asteroids, Robots, Extraterrestrials

Katrina Kramer reports that four new elements have just been added to the periodic table completing the 7th row of the table. But despite elements 113, 115 and 118 all being discovered in the early 2000s and 117 in 2010, there is still no sign of elements 119 and beyond. Why has no one created one of these new superheavyweights and when will chemists be able to start an eighth row on the periodic table?

Since Edwin McMillan and Philip Abelson synthesized the first transuranium element neptunium in 1940, a steady stream of new elements has filled the lower rows of the periodic table.... More →
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Find Out More »  |  Open Resource  |  2016/06/09  |  148 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Dr. Conca reports that this year, the TVA took some significant actions that will move the country forward on what many think is the best energy mix for the future, nuclear and solar. TVA is also ramping down coal and expanding other sources like cheap natural gas, and making more progress on energy efficiency and demand response that make energy sources go a lot farther, just as nuclear reactor efficiencies have been uprated 40% over the past 25 years or more.

TVA submitted the first-ever early site permit application to the U.S. NRC for small modular nuclear reactors (SMRs) at the... More →
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Find Out More »  |  Open Resource  |  2016/06/07  |  122 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

NEI will sponsor a Summit that will examine nuclear value in state of Virginia, discuss the Vermont Yankee closure that devastated town of Vernon, and a former State legislator will recall the pain of Vermont Yankee closure on the community.

With several U.S. nuclear power plants facing premature closure in electricity markets where the system and community fail to recognize their environmental and economic value, efforts to keep at-risk plants open has gained new urgency. Two meetings, one that recently took place and another to come next week, offer platforms for key stakeholders ... More →
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Find Out More »  |  Open Resource  |  2016/06/06  |  86 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Rob Nikolewski, of the San Diego Union Tribune, opines that the Diablo Canyon nuclear facility near San Luis Obispo is the only nuclear energy plant left in California. Diablo Canyon generates almost 18,000 gigawatt-hours of power each year, powering 1.7 million homes. By itself, Diablo Canyon, operated by Pacific Gas & Electric, accounts for nearly 9% of all in-state electricity production, all without emitting greenhouse gases at a time when California and the Obama administration have each made commitments to combat global warming.

But its fate is uncertain. The license for ... More →
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Find Out More »  |  Open Resource  |  2016/06/06  |  128 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Umair Irfan, of Scientific American, reports that the lone nuclear power plant in Missouri produces 12% of the state electricity from one reactor cranking out 1.2 gigawatts, making it the third-largest electricity producer in the state. Its 553-foot-tall cooling tower is the second-tallest structure in Missouri behind the St. Louis Arch.

Operated by Ameren Missouri, the Callaway Westinghouse four-loop pressurized water reactor provides electricity to 1.2 million customers. The $3 billion facility puts more than 800 employees and contractors to work.

Barry Cox, senior dir... More →
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Find Out More »  |  Open Resource  |  2016/06/06  |  82 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

President Obama announces more than $8 billion in loan guarantees for two new nuclear reactors as part of the Administration commitment to providing clean energy and creating new jobs.

Here is an excerpt from his presentation...

....World competitors are racing to create jobs and command growing energy industries. And nuclear energy is no exception. Japan and France have long invested heavily in this industry. Meanwhile, there are 56 nuclear reactors under construction around the world ... 21 in China, 6 in South Korea, 5 in India, and others. And the commitment of these... More →
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Find Out More »  |  Open Resource  |  2016/06/05  |  125 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Regular deliveries of drummed uranium from Peninsula Energy Lance projects in Wyoming have commenced as the company continues to ramp up production at the Wyoming in-situ leach operation. It announced that the first shipment of about 16,000 pounds U3O8 (6.2 tU) was delivered to a North American conversion facility on 31 May. The company expects to make deliveries at regular intervals, it said.

Operations commenced at Lance Ross Permit Area in December 2015. Perth, Western Australia-based Peninsula made its first delivery of uranium under its wholly-owned subsidiary Strata Energy Inc... More →
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Find Out More »  |  Open Resource  |  2016/06/04  |  123 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Natalie Pearson reports that Hong Kong richest man Li Ka-shing is making a bet that uranium prices, down more than 60% from a 2011 record, are set for a comeback.

NexGen Energy Ltd. has agreed to sell $60 million in convertible bonds to CEF Holdings Ltd. and affiliated shareholders to raise money to help develop uranium projects in Saskatchewan, the company said Wednesday in a statement. CEF Holdings is 50%-owned by Li CK Hutchinson Holdings Ltd. His involvement is a very good sign to generalist funds out there about uranium fundamentals, NexGen Chief Executive Officer Leigh Curyer ... More →
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Find Out More »  |  Open Resource  |  2016/06/03  |  142 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Umair Irfan, for Scientific American, reports that a group of environmental activists, a legendary scientist and a camera crew embarked on a quixotic rescue effort. Their goal ... saving Illinois nukes. We should not be taking them off the table, in my opinion, said Dr. James Hansen, a former scientist at NASA famous for raising the alarm about climate change before Congress in 1988. It is our biggest source of carbon-free energy at this time.

Hansen and the bandwagon headed for Clinton, 160 miles southwest of Chicago, to meet employees at the Clinton Power Station, a sky blue and g... More →
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Find Out More »  |  Open Resource  |  2016/06/02  |  83 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Zainab Calcuttawalaz reports that most of the U.S. supply of uranium, the life-blood of nuclear power reactors, is imported, according to a new report by the EIA, and domestic production has reached historic lows. The most popular sources of the radioactive substance for American nuclear power plant operators are Kazakhstan and Canada, which exported 17 and 11 million pounds of uranium to the U.S. in 2015, respectively.

In total, 57 million pounds of the element entered the country in 2015. The domestic production lows correlate with the weak spot price for uranium caused by nationa... More →
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Find Out More »  |  Open Resource  |  2016/06/01  |  140 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

Frik Els reports that U3O8 prices are down more than 20% in 2016 with the UxC broker average price sliding to $27.25 a pound in late May, 2016. Current levels are the cheapest spot uranium price since 2005. In contrast, the long-term price, where most uranium business is conducted, is hovering at around $44 a pound, where it has been since July 2015.

Haywood Securities in its May 9 (2016) metals and mining outlook indicates that there has been a striking divergence in how uranium stocks have reacted to the price movements this year. In the first half of 2016, while the producers con... More →
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Find Out More »  |  Open Resource  |  2016/06/01  |  137 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Nuclear Power - Economics, Design, and Industry

Dr. Conca reports that an unexpected and alarming development is occurring in the Obama Administration, the White House wants to eliminate the position of the Director for Nuclear Energy Policy at the National Security Council. This is a bad idea. Abandoning this position will compromise the competitive position of U.S. companies.

President Obama has had an uneven record on nuclear energy and the possible loss of this position is especially perplexing given the Presidential support for nuclear energy in an all of the above approach to energy policy. On the one hand, the President su... More →
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Find Out More »  |  Open Resource  |  2016/06/01  |  117 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, Acquisitions

French uranium giant Areva says it has secured approval to nearly double production of the nuclear fuel at its McClean Lake mill in northern Saskatchewan. The company said Tuesday that the Canadian Nuclear Safety Commission gave the go ahead to increase production at the mill from 13 to 24 million pounds a year.

The higher capacity will allow Areva to process more material coming from the Cigar Lake uranium mine, half owned by Cameco, as it ramps up production to 18 million pounds a year. The increase in allowed capacity comes as the uranium industry faces continued depressed prices... More →
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Find Out More »  |  Open Resource  |  2016/05/31  |  144 Report Broken   Tell A Friend

Index / Uranium (Nuclear Minerals) / Related Environmental Issues / Environmental Impact - Cases, Nuclear Wastes

Sean Whaley reports that Rep. Dina Titus has criticized a new effort in Congress to move the project forward just as a state-legislative panel overseeing the Yucca Mountain high-level nuclear waste repository gets ready to meet later this week.

Titus, D-Nev., spoke out against a plan to fund the project in the Fiscal 2017 Energy-Water Appropriations bill, HR 5055. The provision would allot the U.S. DoE $150 million to continue an application process to license the project as a nuclear storage facility. The legislation also prohibits any funds from being used to close Yucca Mountain ... More →
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Find Out More »  |  Open Resource  |  2016/05/31  |  143 Report Broken   Tell A Friend
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