With known uranium resources of 499,000 tonnes of U3O8, as well as increasing exploration projects on the horizon, Canada is certain to maintain a significant role in meeting future global demand.
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Friday, July 30, 2010
AP reports Areva says its net profit soared despite new EPR charge. Areva, which also mines uranium and produces nuclear fuel in addition to designing and building reactors and recycling nuclear waste, also booked hundreds of millions of euros in new charges for delays in building the first of its new EPR reactors for a power [...]
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Tuesday, July 20, 2010
Argentina's electric power generation currently employs uranium-based nuclear power generation for 6.8 percent of its capacity; however, the government expects that to rise to 21.1 percent by 2025. The goal is for nuclear power to be part of an expansion in generating capacity to meet rising demand. Since 2003, Argentina has increased its total power generation capacity by about 30 percent to 24,000 megawatts.
Continue reading "Argentina’s Nuclear Ambition to Enhance Long Term Uranium Demand"
Monday, June 28, 2010
Forbes.blog reports on Areva and its recent agreement with a new nuclear reactor. It’s illegal to build a new nuclear reactor in California. “There is no solution without nuclear power,” Lauvergeon declared during a visit to Forbes’ offices on Friday. Of the California law: “One way or another, it will change,” she said. Her confidence [...]
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Monday, June 14, 2010
UEX Corporation reports its continuation of exploration in the 58B Area of the Shea Creek Project. Shea Creek hosts the Kianna, Anne, and Colette Deposits and is one of ten 49%-owned Western Athabasca Uranium Projects joint-ventured with AREVA, the operator. The 58B Area represents a new mineralized zone which lies between the Kianna and Colette Deposits (see Figure [...]
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Monday, May 31, 2010
Bloomberg.com reports Russian uranium shipments will be halted by Areva when its contract ends. “The final transport of Areva’s depleted uranium to Russia, within the scope of this contract, will occur as planned in the weeks to come,” Areva said on its website. The ending of the contract was decided in 2006, the company said. Rosatom spokesman [...]
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Wednesday, May 26, 2010
UEX Corporation reports the first National Instrument 43-101 compliant independent mineral resource estimate for the Shea Creek project, Athabasca Basin. Shea Creek is located in the western Athabasca Basin (the “Basin”) of northern Saskatchewan, Canada and is owned 49% by UEX Corporation and 51% by AREVA Resources Canada Inc. (“AREVA”). AREVA is the project operator. The [...]
Continue reading "Shea Creek Emerges as Largest Undeveloped Uranium Resource"
Monday, April 26, 2010
CBC News reports meetings underway with Areva Resources Canada Inc’s proposed Kiggavik uranium mine in Nunavut. The Nunavut Impact Review Board is organizing the meetings to inform people about the Kiggavik project, as well as to collect public feedback that will help form the basis of a future environmental impact statement for the project. For [...]
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Friday, March 26, 2010
News10 reports California’s growing energy demands in the coming years. This week, the Fresno Nuclear Energy Group joined with leaders of the French nuclear power plant manufacturer, Areva, to promote a clean energy park in the Central Valley that would eventually include two 1,600 megawatt reactors. “It’s very safe. The safety record for this industry for [...]
Continue reading "Will nuclear power make a California comeback?"
Friday, March 5, 2010
Bloomberg.com reports Areva’s 2012 output for uranium may be reduced by 20% due to slump in prices. The company said in September it expected to produce about 12,000 metric tons of uranium in 2012 and warned expansion plans could be modified because prices may no longer justify the cost. Uranium for immediate delivery fell 45 percent to $40.50 a [...]
Continue reading "Areva’s 2012 Uranium Output Target May Be Trimmed 20%"
Conferences and Trade Shows: For more information on the uranium market and companies, add the U2009 Global Uranium Symposium conference May 9-13, 2009 in Keystone, CO to your calendar. Other shows include: Cambridgehouse, IIC, Chicago Resource Expo
The Uranium Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
u3o8.biz Database of Uranium Companies/Uranium Stocks: A comprehensive list of uranium companies including: Trading Symbol, Share Price, Market Cap, Resource, Land Holdings, and Market Cap / U3O8 lbs
UraniumInvestingNews.com maintains a focus on Uranium exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
Tuesday, August 10, 2010