Alright, let’s get down to it... South Africa (February 22, 2012: Bloomberg) is considering spending more than 600 billion rand ($78 billion) on nuclear plants, another coal-fired plant and a hydropower project in the Democratic Republic of Congo to stave off power shortages in Africa’s largest economy.” Cameco Corp. (TSX: CCO) is counting on long-term energy demand
Continue reading "Global Nuclear Energy Build Out in Play: Congo, Kazakhstan, Niger, India & Turkey" »
We have an excellent research team here and today and this morning I was reviewing the 2012 Nuclear Security Summit that had been forwarded to me with great interest. Held March 26-27 in Seoul, Korea – they have confirmed participation of representatives from over 50 countries and 3 international organizations (UN, IAEA and EU). The site states
Continue reading "2012 Nuclear Security Summit Identifies "Nuclear Terrorism" as the Most Serious Threat to International Security" »
Last week in my piece called Could NRC Approval of Nuclear Plant Spark Global Nuclear Renaissance?, I reported that for the first time in 30 years the US Nuclear Regulatory Agency had granted approval to build two new nuclear reactors in the State of Georgia. This week nuclear and uranium news is heating up across the globe
Continue reading "New South Wales Lifting Exploration Ban to Be Part of Lucrative Uranium Sector" »
The State of Georgia has been granted approval to build two new nuclear reactors at the Vogtle nuclear power site located east of Atlanta. The power plant is owned by Georgia Power a subsidiary of Southern Company. Early this morning websites breaking the story such as the Atlanta Business Chronicle indicated that the decision to grant approval
Continue reading "Could NRC Approval of Nuclear Plant Spark Global Nuclear Renaissance?" »
It’s down to the wire with the Technology Metals Summit set to kick off tomorrow morning. The delegates and speakers have already started to arrive and the atmosphere is buzzing at the Hyatt Regency as Pro-Edge staff members are already on-site making sure the 2-day conference runs without a glitch. The business media -- namely Business News
Continue reading "Experts Say Uranium Shortage by 2014: Reality, It’s Already Here?" »
Received an email this morning from a reader who referenced a uranium industry update from equities research analyst Rob Chang...so busy with the Technology Metals Summit in less than 1 week and counting, but thought a few lines were warranted... The US Energy Information Administration has released the preliminary figures for its “Annual Energy Outlook 2012”. The
Continue reading "U.S. EIA Forecasts Nuclear Demand to Outpace Growth " »
Shares of major uranium miner Cameco doubled from June 2010 to February 2011. Uranium juniors like UEX Corp. performed even better. UEXs shares rose 298% from May 2010 to February 2011. In the wake of the Fukushima Daiichi accident in Japan 10 months ago, Germany decided to shut down its nuclear power plants. Specifically, German legislators voted
Continue reading "Germany's move away from nuclear power could potentially increase electricity bills by 20% " »
On January 11, I interviewed Dr. Richard Spencer CEO Director of U308 Corp. (TSX.V: UWE), a Toronto-based company focused on the exploration and expansion of uranium and associated commodities in South America (click here). Dr. Spencer confirmed that initial tests at the company’s flagship Berlin project yielded metallurgical results for the recoveries of 97% uranium, 97% phosphate
Continue reading "Game Changing Results at U308’s Berlin Flagship Project…Free Uranium?" »