China to Need 1,000 Nuclear Reactors as Part of Climate Pledge?

China to Need 1,000 Nuclear Reactors as Part of Climate Pledge?

China could need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it gears up to fight climate change. Currently, 23 nuclear reactors are built in the country, with a further 26 under construction.

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Videos

Mickey Fulp: A Hopeful Optimist in Today’s Markets

At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.

Mickey Fulp Likes US Uranium Producers

At the Vancouver Resource Investment Conference, Mickey Fulp identified Energy Fuels as a company that will prosper as the uranium price rises.

Company News

Uracan Resources Closes Private Placement, Raising $1.46 Million

Uracan Resources (TSXV:URC) announced it had closed a private placement of roughly 14.6 million flow through units for $876,200, 2.05 million non flow through units for $102,852 and 9.69 million non-flow through units for $484,500. The proceeds will be used to incur eligible Canadian exploration expenses and the non-flow through unit proceeds will be used for general working capital.

Alpha Exploration Announces Drilling at Donna Gold

Alpha Exploration Announces Drilling at Donna Gold

Alpha Exploration (TSXV:AEX) has been notified byits optionee on the Donna Gold property, Interconnect Ventures (IVC) that a drill program will take place at its Donna Gold property. The property is located in the Monashee Mountains of British Columbia.

Paladin Energy Appoints Wendong Zhang as Director

Paladin Energy (TSX:PDN,ASX:PDN) announced on Tuesday that it had appointed Wendong Zhang as a non-executive director of the company. With 23 years of experience in financial services and international capital markets, Zhang was among the first generation Chinese bankers on Wall Street working with Morgan Stanley, UBS and Citi across New York, Hong Kong and Beijing.

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Company Videos

Kivalliq Energy CEO: Building Value in Current Market Conditions

Kivalliq Energy (TSXV:KIV) CEO Jim Paterson talks about how Kivalliq is building value in a difficult market, and news catalysts that investors should watch out for. Mr. Paterson encourages investors in the uranium space, that in the current market, “right now, choices are limited, and secondly, they are all undervalued… they are all on sale.”

Dr. Keith Barron Interviewed on Palisade Radio: The Uranium Bottom is In Right Now

Last week, experienced exploration geologist Dr. Keith Barron was interviewed on Palisade Radio regarding his perspective on the uranium sector. Barron believes “the bottom is in right now” for the metal, and that “we will see a very quick double in the spot price for uranium” once Japan’s reactors are turned back on.

Northern Uranium Corp. CEO Chad Ulansky (TSX-V:UNO)

Northern Uranium Corp. (TSXV:UNO) CEO Chad Ulansky spoke to Resource Investing News about the company’s Northwest Manitoba project which was recently optioned from CanAlaska Uranium Limited.

Market News

Election in Greenland: What Does it Hold for Uranium?

Greenland is heading to the polls today to vote on a new premier which could affect the uranium industry. Opposition party leader Sara Olsvig has vowed to reinstate a ban on uranium mining if her party is elected.

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