February 24th, 2012 (Source: Platts) -- Nuclear power has recovered more public acceptance after the 2010 Fukushima disaster boosted anti-nuclear sentiment in those EU countries where it was previously accepted but it has not gone beyond that, Philip Lowe, director general for the European Commissions energy directorate told Platts in Brussels Friday. Nuclear is not so much

February 24th, 2012 (Source: Mining.com) -- India’s Power Minister says that nuclear power will add 63,000 MW of capacity, a fourteen fold increase, to his country over the next 20 years. Sushilkumar Shinde made the comments on Wednesday while addressing the India International Nuclear Symposium. After China, India has the second fastest growing nuclear industry. Six reactors

February 24, 2012 (Source: Proactive Investors) --Peninsula Energy (ASX: PEN) is on the road to production at the Lance Projects in Wyoming, U.S., and providing a boost to the economics of the project is a continued string of high grade results.The latest highlights from Kendrick include:- 4 metres at 2,340ppm eU3O8, including 2.6 metres at 3,420ppm eU3O8;-

February 24, 2012 (Source: ResourceInvestor) -- Mining Weekly reported predicted performance of commodities for 2012 noting uranium is on the upswing after a dismal performance in 2011. As quoted in the market news: Uranium is another metal that is receiving some attention in early 2012, after enduring a dismal 2011, at least after the March Japanese nuclear

February 24, 2012 (Source: MarketWire) -- Energy Fuels Inc. (TSX:EFR) (Energy Fuels) and Titan Uranium Inc. (TSX VENTURE:TUE) (Titan) are pleased to announce that Titan completed the sale of its Canadian assets to Mega Uranium Ltd. (TSX:MGA) (Mega) today. In the transaction, Titan conveyed several prospective uranium properties located in Saskatchewans Athabasca Basin and in Nunavut to

February 24, 2012 (Source: MarketWire) -- VANCOUVER, BRITISH COLUMBIA -Pancontinental Uranium Corporation (the Company) (TSX VENTURE:PUC) is pleased to announce the appointment of David Petroff as a director of the Company effective February 23, 2012. David brings substantial senior executive management experience with mining companies to the Pancon board. From November 2009 through August 2011, as President,

February 24, 2012 (Source: Bloomberg) -- The U.S. and North Korea made “a little bit” of progress in their first round of talks since the death of Kim Jong Il, though there were no breakthroughs, U.S. special representative Glyn Davies said today. Davies, who heads to South Korea tomorrow, told reporters that the two sides talked about

February 24, 2012 (Source: Bloomberg) -- Kazatomprom (KZAP), the state nuclear company in the world’s biggest uranium-producing nation, said its Japanese customers will take delivery of the fuel they agreed to buy even as the country idles its atomic stations. The supply contracts with Japan haven’t changed, Chief Executive Officer Vladimir Shkolnik told reporters in Almaty, Kazakhstan,

February 23rd, 2012 (Source: TheHindu) -- The Department of Atomic Energy (DAE) and the Nuclear Power Corporation of India Ltd. (NPCIL) plan to use slightly enriched uranium (SEU) in the future 700 MWe Pressurised Heavy Water Reactors (PHWRs) instead of the current technology of using natural uranium as the fuel in all the PHWRs of Indian nuclear

February 23rd, 2012 (Source: NuclearStreet) -- During a conference in London Tuesday, UK energyministerCharles Hendry hinted that several of the countrys reactors could have their lives extended into the mid-2020s. The ageingplants had been scheduled to be shut down during the course of the nextten years- with only the Sizewell B reactorin Suffolkscheduled to continue operating and

February 23rd, 2012 (Source: NASDAQ) -- U3O8 Corp. (TSX-V:UWE), a Canadian-based company focused on uranium exploration and resource expansion in South America, rose almost 2% in the morning after earlier reporting the results from another 17 holes from the resource drilling completed on the Aricheng West structure in the Kurupung Batholith in Guyana.Dr. Richard Spencer, U3O8 Corps

February 23, 2012 (Source: The Hindu) -- India is the fifth largest producer of electricity, but 40 per cent of its population have no power connection, which makes providing power to this section as the nations first priority. Since India cannot depend largely on the thermal power for reasons like its availability, pollution, etc., nuclear power is

February 23, 2012 (Source: Reuters) -- Poland will seek to engage more partners to help its top utility PGE build the countrys first nuclear power plant, Prime Minister Donald Tusk said on Thursday.Poland, European Unions largest eastern economy, relies on highly polluting coal for nearly all its energy needs and Warsaw has started a number of new

February 23, 2012 (Source: Proactive Investors Australia) -- Callabonna Uranium (ASX: CUU) is all set to commence drilling at the Five Mile Creek prospect to follow up on a Mobile Metal Ion survey which identified a large uranium anomaly.Will all required permits received, drilling at Five Mile Creek is expected to begin in early April 2012. The

February 23, 2012 (Source: Billings Gazette) -- CHEYENNE, Wyo. —The state’s top elected officials Tuesday established a 4 percent royalty rate for new uranium leases, a rate supported by industry. Ryan Lance, the director of the Office of State Lands and Investments, had recommended a 5 percent royalty on new leases, the same rate the state of

February 23, 2012 (Source: Resource Investing News) -- Kivalliq Energy (TSXV:KIV) recently announced that it closed a greatly oversubscribed non-brokered private placement. The company was able to quickly raise CAD$9.5 million from eager investors. Kivalliq will use the funds for continued exploration on its wholly-owned high-grade Lac Cinquante uranium deposit located within the companys 227,000 acre Angilak

February 23, 2012 (Source: 4-traders) --Mesa Exploration Corp. (TSX-V: MSA) (Mesa) is pleased to announce that a rotary drilling program has commenced at the 100% owned Moonshine Springs uranium project in northwestern Arizona. Mesa intercepted 7.5 feet of 0.21% U3O8 in drill hole M1 and 4 feet of 0.47% U3O8 in drill hole M2 at 630 feet,

February 22, 2012 (Source: Huffington Post) -- Building and Construction Trades Department chief Mark Ayers and Energy Secretary Steven Chu share a sense of optimism rising out of Georgias red clay.Ayers, who leads the AFL-CIOs building trades unions, understands the value of 4,000 to 5,000 construction jobs that will be created by the Vogtle nuclear energy project

February 22, 2012 (Source: The Saudi Gazette) -- Dr. Abdullah M. Al-Shehri, Governor of the Electricity and Co-Generation Regulatory Authority (ECRA), Tuesday outlined Saudi Arabia’s road map in building its nuclear capabilities for peaceful means.Speaking here at the conclusion of the First Renewable Energy Conference and Exhibition at the King Fahd University of Petroleum and Minerals (KFUPM),

February 22, 2012 (Source: WorldBulletin) -- Turkeys first nuclear power plant in the countrys southern province of Mersin will be build by Russia under an agreement signed in May 2010 and the construction is planned to begin in 2013.Turkey has expressed willingness to do nuclear business with China in Ankaras declared drive to build three nuclear power

February 22, 2012 (Source: Bloomberg) -- South Africa 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.Proposals to spend 300 billion rand on nuclear plants with the capacity to generate 9,600

February 22, 2012 (Source: The StarPheonix) -- The provincial government has officially signed on to provide $30 million in funding for the Canadian Centre for Nuclear Innovation. The multi-year agreement for Innovation Saskatchewan to provide funding for the new world-class research centre housed at the University of Saskatchewan will go to support nuclear research, development and innovation,

February 22, 2012 (Source: AZDailySun.com) -- Several months from now, miners could set to work pulling uranium from underground at a mine about an hour from Flagstaff, over the ardent objections of some.The ore would likely be trucked over local highways through Flagstaff, and up to a refining mill in Blanding, Utah.The mine, 6 miles south of

February 22, 2012 (Source: MarketWire) -- VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 22, 2012) - CALYPSO URANIUM CORP. (TSX VENTURE:CLP) (Calypso or the Company) - Calypso President Stephen Barley is pleased to announce the second significant discovery of surface uranium mineralization at its San Jorge Basin Project, Argentina. The Company has also received additional positive results from the

February 22, 2012 (Source: Uranium Investing News) -- Britain and France confirmed mutual interest in a nuclear power commitment, declaring their desire to see a strategic nuclear industry partnership emerge. The countries also expect to cooperate on educational development and responsible risk management of potential nuclear emergencies. A series of commercial contracts regarding the construction of nuclear

February 22, 2012 (Source: MoneyWeb) -- JOHANNESBURG - It is no secret that First Uranium is in a pickle. Releasing a forecast that shows its cash will run out by the end of March will be cold comfort to shareholders and creditors alike. Village Main Reef is one of those lining up to collect its outstanding debts

February 21, 2012 (Source: The Australian Business) -- For more than four decades, geologist Wolfgang Leyh has studied the broad landscape around Broken Hill in western NSW, searching for its buried riches. Too many of his colleagues, he thinks, spend their days behind computers.He prefers to clamber rocky outcrops and explore dry creek beds, relentlessly swatting flies

February 21, 2012 (Source: Reuters) -- Arevas Imouraren uranium mining project in Niger will likely start production in 2014 after delays caused by kidnappings of foreign workers in the countrys north, mines minister Omar Hamidou Tchiana said on Tuesday. Tchiana added that a deal reached with partners last week raising the countrys extraction price of uranium to

February 21, 2012 (Source: The Hindu Business Line) -- Tapping its abundant thorium reserves, the Indian Government has decided to commence the construction of 300-MW thorium-based Advanced Heavy Water Reactor in the next 18 months, a senior official said on Tuesday. “Under the third stage of nuclear programme based on thorium utilisation, a reactor of 300 MW

February 21, 2012 (Source: The Sydney Morning Herald) -- SILEX SYSTEMS was buoyed yesterday by the prospect of a US approval to build the first commercial facility to enrich uranium using its laser-based technology, although the company reported a wider loss of $16.6 million in the December half. Silex shares rose 4¢ to $2.54, although reported revenues

Feb 21, 2012 (Source: Yahoo Finance) -- Perth, Australia (ABN Newswire) - Marmota Energy (ASX:MEU.AX - News) is pleased to announce it will be exhibiting at the PDAC 2012 Convention, situated at Booth 2177 in the Investors Exchange. Marmota Energy is an integrated precious metal and uranium exploration specialist offering shareholders exposure to a pipeline of discovery

February 21, 2012 (Source: MarketWire) -- Kivalliq Energy Corporation (TSX VENTURE:KIV) (the Company or Kivalliq) today announced the closing of the non-brokered private placement financing previously announced on January 30, 2012. The Company has raised gross proceeds of CDN $9,472,350. The Company raised the funds by issuing 19,972,444 common shares (the Offering), including 13,047,444 common shares at

VANCOUVER, Feb. 21, 2012 /CNW/ - UEX Corporation (TSX: UEX) (UEX or the Company), is pleased to announce that it has agreed to complete a non-brokered private placement of 3,260,869 flow-through common shares of UEX (the Flow-Through Shares) at a price of $0.92 per Flow-Through Share for total gross proceeds to UEX of approximately $3,000,000 (the Private

February 17, 2012 (Source: Versant Partners) -- CHINA’S EXPECTD NUCLEAR POWER CAPACITY HIGHER THAN FORECAST: The National Energy Administration of China has forecasted that China’s nuclear energy capacity will reach 80 million kilowatts by 2020. This figure is 14%-33% higher than the 60-70 million kilowatt capacity forecasted by many experts and double the currently installed capacity of

February 17, 2012 (Source: Fance24) -- UK Prime Minister David Cameron and French President Nicolas Sarkozy put past differences behind them at a Paris summit on Friday as they unveiled a nuclear power deal that will see French nuclear giant Areva develop new reactors in the UK.French President Nicolas Sarkozy and Britains Prime Minister David Cameron put

February 17, 2012 (Source: MoneyNews) -- Uranium prices are due to surge as supply cannot meet demand, and thats even without factoring in new power plants coming on line, says David R. Miller, CEO and director of uranium miner Strathmore Minerals, which produces uranium in Wyoming and in New Mexico.Furthermore, oft-touted power sources like natural gas and

February 17, 2012 (Source: Cowra Community News) -- LEGISLATION to allow mining companies to explore for uranium in New South Wales has been welcomed by the Australian Workers’ Union (AWU). The union’s national secretary, Paul Howes, says uranium exploration is a step in the right direction, particularly as Australia looks to develop cleaner energy sources into the

February 17, 2012 (Source: Accesswire) -- Vancouver, British Columbia - Titan Uranium Inc. (Titan or the Company) (TSX-V:TUE, FSE:T4X) is pleased to announce that the Companys 2012 drilling program is now underway on the Border Block project. The Border Block project is the subject of a Letter of Agreement between Titan and Japan Oil, Gas and Metals

February 17, 2012 (Source: Winnipeg Free Press) -- TORONTO - Shares of First Uranium Corp. (TSX:FIU) closed higher Wednesday after the gold and uranium miner revealed its in talks to sell its main operations to pay down debt. First Uranium stock gained half a cent to close at 19.5 cents on the Toronto Stock Exchange as investors

February 16, 2012 (Source: ABC) -- After yesterdays announcement by NSW Premier Barry OFarrell that a 28-year-old ban on uranium exploration would be lifted, the far west of the state was touted as an area where substantial deposits could potentially be found.While many in the area are excited by the prospect of a discovery, Broken Hill based

February 16, 2012 (Source: Business Line) -- Australia’s most populous state will reverse a decades-long ban on uranium exploration, with the regional government saying today it would be foolish not to tap into the lucrative sector. Mr Barry O’Farrell, premier of New South Wales, said the quarter-century ban would end so officials can “get the facts” about

February 16, 2012 (Source: Portfolio.hu) -- Wildhorse Energy (WHE) has announced on Thursday the signing of a non-binding co-operation agreement with Hungary’s state-owned groups Mecsek-Öko and Mecsekérc ahead of a possible joint venture to re-start uranium mining at Mecsek Hills in southern Hungary. Under the proposal, Wildhorse would add its Pécs licence (42.9 square kilometres) to Mecsek-Ökos

February 16, 2012 (Source: Gizmag) -- This year is an historic one for nuclear power, with the first reactors winning US government approval for construction since 1978. Some have seen the green lighting of two Westinghouse AP1000 reactors to be built in Georgia as the start of a revival of nuclear power in the West, but this

February 16, 2012 (Source: Bloomberg Businessweek) --With workers behind him already assembling the towering steel capsule that will contain one of the nations first new commercial nuclear reactors in a generation, Energy Secretary Steven Chu said Wednesday the Plant Vogtle expansion in Georgia will influence other American utilities weighing new investments in nuclear power. The Obama administrations

February 16, 2012 (Source: Edmonton Journal) -- First Uranium is in talks to sell key assets to pay down debt due later this year, the gold and uranium miner said. The Toronto-based company said late on Tuesday that the sale of its principal assets should generate enough cash to meet its financial obligations, including $150 million in

VANCOUVER, Feb. 16, 2012 /CNW/ - CanAlaska Uranium Ltd. (TSX - CVV) (CanAlaska or the Company) is undertaking a non-brokered private placement for up to 3,920,000 flow-through shares, together with up to 750,000 ordinary shares for gross proceeds of up to $2,321,700 (the Offering). Under the Offering, each flow-through share is being offered at a price of

February 15, 2012 (Source: The Telegraph) -- REPORTS a high school dropout is making $200,000 a year in a West Australian mine had The Wall Street Journal readers agog.Hundreds wrote to the New York-based paper late last year asking how they could share in Australias modern-day gold rush and be just like 25-year-old James Dinnison, a drill

February 15, 2012 (Source: Bloomberg) -- Lithuanian electricity production costs at a planned nuclear power plant in Visaginas may average 7 centai ($0.03) to 10 centai per kilowatt hour, lower than current production costs in the country, Energy Minister Arvydas Sekmokas said.The price for consumers on the market is planned between 17 centai and 25 centai per

February 15, 2012 (Source: RadioIowa) -- The Iowa State University professor who won the Nobel Prize for chemistry wants the U.S. to build more nuclear power plants. Danny Shechtman returned to campus Tuesday for the first time since winning the prize for his 1982 discovery of what are called quasicrystals. Nuclear energy is one of the topics

February 15, 2012 (Source: Mining Weekly) -- JOHANNESURG (miningweekly.com) – TSX- and JSE-listed First Uranium is in negotiations to sell “principal assets” to help redeem debt due later this year, the uranium and gold miner said on Wednesday. First Uranium stated that the proceeds would allow it to meet outstanding obligations. The company, which owns the Ezulwini