07 March 2018

Der Beitrag China to start building up to eight reactors in 2018 erschien zuerst auf uranaktien.info.

07 March 2018

Der Beitrag Five reasons nuclear energy will rebound in 2018 erschien zuerst auf uranaktien.info.

23. März 2018

Seventh Japanese reactor restarted

Kyushu Electric Power Company today began the process of restarting operation of unit 3 at its Genkai nuclear power plant in Japan’s Saga prefecture. The reactor is scheduled to resume commercial operation next month.

The utility said the process of extracting the control rods from the 1180 MWe pressurised water reactor (PWR) was restarted at 11.00am today. Kyushu said it plans to resume electricity generation at Genkai 3 on 25 March but noted that this date could change „due to turbine adjustment, etc.“

„After restarting generating electricity, we will conduct the adjustment operation as output is gradually increased,“ Kyushu said. „Accordingly, the plant is expected to undergo the integrated performance test and return to commercial operation in late April.“

Kyushu submitted applications to Japan’s Nuclear Regulation Authority (NRA) in July 2013 to restart Genkai 3 and 4, which have been offline since December 2010 and December 2011, respectively. In January 2017, the NRA confirmed the two 1180 MWe PWRs meet new regulatory standards.

The Saga prefectural governor gave his approval in April for the restart of the units, following the prefectural assembly’s adoption of a resolution permitting their restart.

Following NRA pre-operation inspections of the units to confirm that the safety countermeasure equipment complies with the approved construction plan at the Genkai plant, Kyushu began loading fuel into the core of Genkai 3 on 16 February.

Genkai 3 is the seventh of Japan’s 42 operable reactors which have so far cleared inspections confirming they meet the new regulatory safety standards and resumed operation. The others are: Kyushu’s Sendai units 1 and 2; Shikoku’s Ikata unit 3; and Kansai’s Takahama units 3 and 4 and Ohi unit 3. Another 17 reactors have applied to restart.

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Der Beitrag Der siebte japanische Reaktor wurde neu gestartet erschien zuerst auf uranaktien.info.

05.03.2018

Blue Sky Uranium Announces Initial Mineral Resource Estimate for Ivana Deposit, Amarillo Grande Uranium-Vanadium Project, Argentina

Vancouver, BC / Globe Newswire / March 5, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), „Blue Sky“ or the „Company“) is pleased to announce the initial independent mineral resource estimate for the Ivana Deposit at the Company’s 100% owned Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina.

Highlights

• Inferred mineral resource estimate of 23.9 million tonnes averaging 363 parts per million (“ppm”) U₃0₈ containing 19.1 million pounds of U₃O₈ at a 100 ppm uranium cut-off.
• Mineralization at Ivana is hosted by loosely consolidated sediments from surface to 24 metres depth; it is expected that resources would be extracted via open-pit methods
• Metallurgical and beneficiation test work in progress to provide additional data for a maiden Preliminary Economic Assessment in 2018
• The Ivana deposit remains open for expansion
• Additional resource potential exists in the Ivana area and throughout the 140-km long trend at the Amarillo Grande project

“This first resource estimate represents the biggest uranium discovery in Argentina in the last 40 years and it represents for Blue Sky a major step towards our goal of defining a low-cost regional-size uranium producing district,” commented Nikolaos Cacos, Blue Sky President & CEO. “We are excited to move forward with a preliminary economic assessment this year, particularly as the project remains open for expansion.”

A NI 43-101 Technical Report supporting disclosure of this mineral resource and containing additional details will be filed by Blue Sky on SEDAR within 45 days of this press release.

Results from ongoing metallurgical studies and preliminary beneficiation studies are expected by the end of the first quarter.This data will contribute to a Preliminary Economic Assessment (PEA) for the Ivana deposit, which is expected to be completed before the end of the year.

The arcuate (“C”) shape of the Ivana deposit is believed to represent a preserved sector of a regional mineralized redox-front, which often include more than one deposit. Therefore, follow-up drilling programs will test for lateral extensions to the currently defined deposit, as well as previously recognized local targets identified by airborne and hand-held radiometric surveys and geological modeling.

Ivana Location, Geology and Metallurgy

The Ivana deposit is located in the southernmost of three target areas that comprise the Amarillo Grande Uranium-Vanadium project.The project has year-round access through a well-maintained gravel road, and is in a semi-arid area with low rainfall and population density.Mineralization was first identified at Ivana after field follow-up of a 2010 regional high-resolution airborne radiometric and magnetic survey.

The Ivana deposit displays characteristics of surficial-type and sandstone-type “roll front” uranium-vanadium deposits. Mineralization at Ivana includes primary coffinite and uraninite, in pore spaces of poorly-consolidated sandstones and conglomerates, in addition to peripheral secondary carnotite, which occurs interstitially to and coats pebbles and clasts in loosely consolidated sandstones and conglomerates.The Amarillo Grande project is believed to have district-scale potential for discovery of similar styles of mineralization.

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Der Beitrag Blue Sky Uranium meldet erste Mineralressourcenschätzung für die Ivana-Lagerstätte, Projekt Amarillo Grande Uran-Vanadium, Argentinien erschien zuerst auf uranaktien.info.

Der Beitrag GoviEx Uranium and Toshiba Corporation agree to extend Uranium Bond settlement to the end of April erschien zuerst auf uranaktien.info.

03 April 2018

Russian President Vladimir Putin and Turkish President Tayyip Erdogan today attended via videolink from Ankara a ceremony to mark the pouring of first concrete for unit 1 of the Akkuyu nuclear power plant. Putin arrived today for a two-day working visit to the Turkish capital.

The Turkish Atomic Energy Authority (TAEK) yesterday awarded a construction licence for Akkuyu NPP, Turkey’s first nuclear power plant, which is being built in Mersin province, in southern Turkey.

The $20 billion project to build the four-unit, 4800 MWe plant is part of Erdogan’s ‚2023 Vision‘ marking 100 years since the founding of modern Turkey and is intended to reduce the country’s dependence on energy imports. The first unit is scheduled to start operations that year, with the other three units following by 2025. The plant is expected to meet about 10% of Turkey’s electricity needs.

Erdogan noted that, between 2003 and 2017, the Turkish economy had grown on average by 5.8%, and last year alone by 7.4%. As the country strives to become one of the ten richest countries in the world, energy supplies will be „crucial“ and the new nuclear power plant „of great importance“, he added.

„Currently, 31 countries produce a significant amount of electricity from 450 nuclear power plants. Also, in 16 countries, 55 nuclear power plants are under construction. And today we can say that the Akkuyu power station, the foundation of which we are laying today, is the 56th,“ he said.

„In 2023, we will put into operation the first unit and Turkey will thereby join those countries that use nuclear energy … on the anniversary of our republic, we will crown this work with success.“

Putin said: „We have an ambitious task – to launch the first power unit in 2023, timed to coincide with the 100th anniversary of the founding of the Republic of Turkey. Together with my dear friend Recep Tayyip Erdogan, we have agreed that we will do everything in order to fulfill this task.

„I am confident that the joint coordinated work of Russian and Turkish specialists will allow fulfilling all the planned plans in time. And the successful implementation of this project will be one of the symbols of the dynamic, progressive development of Russian-Turkish interaction and partnership, Russian-Turkish friendship.“

Rosatom Director General Alexey Likhachov said in a statement the Russian state nuclear corporation issued today: „Rosatom is building in Turkey a cutting edge, tried and tested (Generation III+) nuclear power plant featuring four power units based on the Russian VVER-1200 design which meets the world’s highest safety standards.

„The model we are building at Akkuyu is already being built in a series. Unit 6 of Novovoronezh NPP and unit 1 of Leningrad NPP II, based on the same design, are already up and running, with the former in a commercial operation and the latter launched in February. The safe and efficient operation of these units underscores the reliability of our technologies.“

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Der Beitrag Russland beginnt mit dem Bau des ersten Kernkraftwerks der Türkei erschien zuerst auf uranaktien.info.

5. April 2018

VANCOUVER, CANADA – GoviEx Uranium Inc. (TSX-V: GXU;OTCQB: GVXXF) (“GoviEx” or“Company”) announces the results of a
review study (“Review ”) performed by Synexus (Pty) Limited (“Synexus ”) to identify and assess opportunities to use membrane separation
technologies to reduce the capital and operating expenses as well as increase efficiency in the recovery of uranium and molybdenum, at the
Company’s fully permitted Madaouela Project in Niger (the “Madaouela Project”). “The potential operating and capital savings highlighted by the Review
, while preliminary in nature, are very encouraging and support our decision to undertake this assessment. This work underlines GoviEx’s strategy to focus on the
optimization of the Madaouela Project,”commented Daniel Major, CEO.
The Review considered five options whereby membrane separation could be potentially utilized in the process plant design as set out in the independent NI 43-101 technical report titled,
“The Updated Integrated Development Plan for the Madaouela Project, Niger” with an effective date of August 11, 2015, and a revision date of August 20, 2015 (the “Technical Report
”), published on SEDAR under the Company’s profile and available on the Company’s website at www.goviex.com.

The five options described by the Review are as follows:
•Option 1
–to concentrate uranium and molybdenum, and recover sulfuric acid from the pregnant leach solution.
•Option 2
–to recover ammonium carbonate, ammonium hydroxide and carry-over molybdenum from the molybdenum solvent extraction
circuit strip solution.
•Option 3
–to recover sulfuric acid and carry-over molybdenum from the molybdenum oxide filter filtrate.
•Option 4
–to concentrate uranium and recover phosphoric acid from the loaded strip solution.
•Option 5
–to recover sodium hydroxide and carry -over uranium from the sodium diuranate precipitation filter filtrate (or from the precip itation thickener overflow).
Synexus’overall approach and methodology for the Review was to use the existing process design information as set out in the Technical Report for the
membrane test data simulation models , which were then used to assess membrane performance for each option.

“I am very pleased with the progress our team has made to date in exploring potential mine design and process optimization opportunities for our Madaouela Project.
If these efficiencies prove to be fruitful at the Madaouela Project , we will explore the possibility of applying them at our other fully permitted project: the Mutanga Project
in Zambia, ” stated Govind Friedland, Executive Chairman.

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Der Beitrag Study highlights significant cost reduction potential of membrane separation at GoviEx Uranium’s Madaouela Project erschien zuerst auf uranaktien.info.

23.04.2018

Der Beitrag Ägypten’s 60 Milliarden Dollar Wette auf Kernenergie erschien zuerst auf uranaktien.info.

23.05.2018

Blue Sky Uranium Reports Positive Concentration Tests for Uranium and Vanadium at Amarillo Grande Project, Argentina

Vancouver, BC / Globe Newswire / May 23, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), („Blue Sky“ or the „Company“) is pleased to report that the initial process testing on oxide material from the Company’s Ivana uranium-vanadium deposit demonstrated that simple wet scrubbing followed by wet screening results in the upgrading of metal concentration by approximately 300% for Uranium and 250% for Vanadium.

„The ability to efficiently concentrate both the uranium and vanadium represents key strategic factor for developing a low-cost flowsheet for surficial mineralization that is widespread at Amarillo Grande,“ stated Nikolaos Cacos, Blue Sky President & CEO. „These very positive results further support our view that we are on the right path to developing a beneficiation and processing framework to support a low-cost uranium-vanadium mining project“.

The Ivana deposit is the cornerstone of the Company’s 100% owned, district-scale Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina. On April 18th, 2018, the Company filed the NI 43-101 first resource estimate technical report for the project (Thorson et al., filed on SEDAR) and is proceeding to complete a preliminary economic assessment by the end of the year.

These beneficiation studies complement the leach recovery studies presented on January 22nd, 2018, (see News Release filed on SEDAR). The studies were completed on a single composite sample believed to contain primarily carnotite (a uranium-vanadium oxide) mineralization, which is the most common style of mineralization found at Amarillo Grande. Ongoing metallurgical test work includes detailed mineralogical characterization for primary and oxide mineralization types and physical beneficiation and recovery test work on mineralized material containing primarily coffinite (+ uraninite) from the Ivana deposit.

Study Details:

The beneficiation metallurgical studies were completed on a single composite sample created from four RC samples with uranium-vanadium mineralization as carnotite coating fine to coarse poorly-consolidated sandstone and conglomerates with an average grade of 459ppm U₃O₈ and 537ppm V₂O₅. The beneficiation technique included 20 minutes of wet scrubbing inside a bottle rolling system followed by 300 micron wet screening. As a result, the fine coating of carnotite over the grains or pebbles of the sedimentary host rock were separated and pre-concentrated. Recoveries include 93% for uranium and 74% for vanadium, with an enrichment factor of 311% for Uranium and 247% for Vanadium. The reject material (gangue) returned grades of 23 ppm U₃O₈ and 196 ppm V₂O₅.

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Der Beitrag BLUE SKY URANIUM BERICHTET ÜBER POSITIVE KONZENTRATIONSPRÜFUNGEN FÜR URAN UND VANADIUM AM AMARILLO GRANDE PROJEKT, ARGENTINIEN erschien zuerst auf uranaktien.info.

Vancouver, BC / Globe Newswire / June 4, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), („Blue Sky“ or the „Company“) is a member of the Grosso Group and is the 100% owner of approximately 459,000 hectares (1,134,000 acres) of uranium and vanadium concessions in Argentina in the southern provinces of Chubut and Río Negro, Argentina.

Achievements

The Company’s flagship project, the Amarillo Grande encompasses a significant new uranium-vanadium district in the southern Argentina province of Río Negro, initially discovered by BSK in 2006.Since then, BSK has systematically assembled mineral rights covering more than 300,000 hectares along a +140 km prospective mineral trend.

Three principal mineralized areas, including the recently defined Ivana uranium‑vanadium deposit, and numerous target zones have been identified along the Amarillo Grande trend where all mineralization identified to date is at, or near surface.Collectively, these highlight the significant geological potential for multiple discoveries and development of a new world‑class uranium-vanadium district.

The Ivana uranium-vanadium deposit, located at the southeasternmost end of the Amarillo Grande trend, represents the largest National Instrument 43-101 uranium mineral resource in Argentina, and one of the largest uranium deposits ever discovered in the country.The maiden resource estimate comprises Inferred resources totaling 19.1 million pounds U₃0₈ and 10.2 million pounds of V₂0₅ (23.9 Mt averaging 0.036% U₃0₈ and 0.019% V₂O₅, at a 100 ppm uranium cut-off; NI 43-101 Technical Report by Thorson et al. filed on SEDAR dated April 18^th, 2018).

The Amarillo Grande Project shares many geological similarities with the Inkai district, Kazakhstan, which produces approximately 7% of the world’s uranium, as well as the surficial uranium districts of Namibia (Langer Heinrich) and Western Australia (Yeelirrie and Lake Maitland).

A summary of key aspects of Blue Sky’s Amarillo Grande Project that speak to its overall potential include:

• Expansive wholly-owned property covering a +300,000 hectares – a new mineral district with high geological potential for multiple discoveries;
• Discovery of new ~20 million pound maiden 43-101 compliant uranium-vanadium resource at Ivana, the largest in Argentina and open to further expansion in both directions along strike with additional highly prospective targets identified in the surrounding area;
• Preliminary Economic Assessment (PEA) underway;
• Leverage to both improving uranium price and already strong vanadium price;
• Laterally extensive at or near surface uranium-vanadium mineralization hosted in poorly consolidated sands and gravels – potentially low mining cost with no drilling/blasting;
• Preliminary test work indicates that insitu mineralization can be upgraded and recovered using simple and low-cost methods (see news release dated February 7, 2011, January 22, 2018 and May 23, 2018) – potentially lowering transport and processing costs and allowing for multiple extraction sites feeding a central processing facility; and
• High recoveries with low cost and environmentally benign alkaline leach (see news January 22, 2018) – potentially low processing cost and environmental footprint.

The Uranium Market

Concerns over the global oil supply and global warming have renewed interest in nuclear energy as it is a carbon-free source of electricity with no CO ₂ emissions.Many industrialized nations are heavily dependent on nuclear power generation and while nuclear power capacity grows uranium, production continues to be below annual demand resulting in the depletion of world uranium inventories.

During the period of 2015 to 2019 there will be 55 new reactors being built in 12 countries.¹This puts pressure on the annual uranium base demand and just for 2018‑2019 the demand totals 382 million pounds yet only 141 million pounds are projected to come from mine supply in 2018.²

The US uranium production for the first quarter of 2018 was close to a 70-year low at 226,780 pounds ³– less than what is needed for one reactor despite the US flagging uranium, lithium, cobalt, vanadium along with a list of 35 other critical minerals as “essential to the economic and national security” of the US!

Despite the growing demand for uranium, prices remain low and many of the large uranium miners have placed projects on “care and maintenance” causing inventories over time to be depleted leading us to conclude that uranium prices must increase in order to meet and ensure a sustainable uranium supply given the global demand for “clean” energy sources.

Blue Sky Uranium is poised to deliver exceptional returns to shareholders as it continues to advance its uranium / vanadium discovery at Amarillo Grande / Ivana, positioning the Company to benefit from the anticipated uranium rebound market as it works towards its goal of developing into a global supplier of uranium / vanadium.

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Der Beitrag Blue Sky Uranium Update vom CEO erschien zuerst auf uranaktien.info.

05.06.2018

Der Beitrag GoviEx Uranium Closes C$ 6 million Private Placement Financing erschien zuerst auf uranaktien.info.

14.06.2018

Vancouver, BC / Globe Newswire / June 14, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), „Blue Sky“ or the „Company“) is pleased to announce it has closed the final tranche of the non-brokered private placement financing announced on June 1, 2018 and increased on June 4, 2018 consisting of 1,428,572 units in this tranche for a total of 24,906,588 units at a price of $0.14 per unit for gross proceeds of $3,486,922.

Each unit will consist of one common share and one transferrable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.30 per share for two years from the date of issue, expiring on June 11, 2020.

Finder’s fees of $135,760 are payable in cash on a portion of the private placement to parties at arm’s length to the Company.  In addition, 969,711 non-transferable finder’s warrants are being issued (the „Finder’s Warrants“). Each Finder’s Warrant entitles a finder to purchase one common share at a price of $0.30 per share for two years from the date of issue, expiring on June 11, 2020.

The proceeds of the financing will be used for exploration programs on the Company’s projects in Argentina and for general working capital.

This financing is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a four-month hold period expiring on October 11, 2018.

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Der Beitrag Blue Sky Uranium Oversubscribed – Company Closes Final Tranche of Non-Brokered Private Placement erschien zuerst auf uranaktien.info.

27.06.18

IAEA emphasises vital role of uranium

For the foreseeable future, most new nuclear power technologies will still run, wholly or partially, on uranium, so it is important that this vital resource is mined, produced and managed sustainably, International Atomic Energy Agency (IAEA) Director General Yukiya Amano said this week. It is also essential to take full account of environmental concerns, „both to ensure public acceptance today and to avoid troubling legacy issues in the future“, he added.

Amano was addressing delegates at the IAEA International Symposium on Uranium Raw Material for the Nuclear Fuel Cycle – URAM 2018 on 25 June. The event, the fourth in a series that began in 2005, considered the availability of uranium to meet growing future demand and ways in which production can be stepped up in good time to meet that demand.

There are now 451 nuclear power reactors in operation in 30 countries. Another 58 reactors are under construction, mostly in Asia. Some 30 countries are considering introducing nuclear power, Amano noted.

„In my opinion, it will be difficult for the world to meet the twin challenges of securing sufficient energy and limiting the average global temperature increase to 2 degrees centigrade, in the coming decades without making more use of nuclear power,“ he said. „IAEA projections show that nuclear power’s global potential up to 2050 remains high, but its expansion is expected to slow in the coming years,“ he added.

Promising work is under way on new generations of nuclear power reactors that require less uranium, including some types of small, medium-sized or modular reactors, and some countries are interested in the thorium fuel cycle, he said. „However, for the foreseeable future, most new nuclear power technologies will still run, wholly or partially, on uranium,“ he added.

Sustainable nuclear power requires a sustainable nuclear fuel cycle, which starts with secure supplies of uranium, he said.

The IAEA supports Member States with all aspects of the uranium production cycle, from exploration, mining and processing, to mine closure and site remediation. It publishes best-practice guidelines for the various stages of uranium production, offers training and expert peer review services, and produces a number of databases. It also recently published a geological map of world uranium deposits, which Amano described as the most comprehensive compilation of relevant information published to date.

He said he encouraged all Member States to make full use of IAEA peer review services, including Uranium Production Site Appraisal Team missions.

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Der Beitrag Die IAEA betont die wichtige Rolle von Uran erschien zuerst auf uranaktien.info.

03.07.2018

Japanese Cabinet approves new basic energy plan

A new basic energy plan that sets goals for Japan’s energy mix to 2030 and presents scenarios to 2050 was today approved by the Cabinet. Under the plan, nuclear will remain a key energy source, accounting for 20-22% of the country’s electricity generation up to 2030.

The Japanese government revises its energy plan about every three years. The plan is formulated based on the Basic Energy Policy Law enacted in June 2002. The latest plan, like its predecessors, recognises the necessity of energy security for the country, which is poor in fossil fuel resources. The policy includes commitments to „clean energy“ initiatives but places emphasis on ensuring stable and secure energy supplies.

Consideration of the latest plan began at the Ministry of Economy, Trade and Industry’s (METI’s) Basic Policy Subcommittee of the General Resource and Energy Research Committee last August. METI presented a draft of the plan on 16 May. The plan was today approved by the Cabinet, taking into account public comments received on the draft.

The Fifth Basic Energy Plan calls for nuclear energy to account for 20%-22% of power generation by 2030, with 22%-24% coming from renewable energy sources, while coal’s share will be reduced to 26%, LNG’s to 27% and oil’s to just 3%. The plans aims to reduce Japan’s carbon dioxide emissions by 26% by 2030, compared with 2013 levels, and by 80% by 2050. It also aims to raise the country’s energy self-sufficiency to about 24% by 2030, compared with just 8% in 2016.

The plan says that in 2030 nuclear energy will continue to be „an important baseload power source that contributes to the stability of the long-term energy supply and demand structure“. In the longer term, to 2050, nuclear will remain a „viable choice for decarbonisation“.

Whilst saying that Japan’s dependence on nuclear energy will be „reduced as much as possible“, the plan says the nuclear target will be met through the restart of reactors and with „constant safety improvement“.

Japan published its fourth Basic Energy Plan – previous plans were passed in 2003, 2007 and 2010 – in April 2014. In it, METI considered nuclear power to be a quasi-domestic source that gives stable power, operates inexpensively and has a low greenhouse gas profile. However, the ministry noted that nuclear must be developed with safety as a priority and with constant work on preparedness for emergency. Nuclear power is an ‚important power source that supports the stability of the energy supply and demand structure‘ it said.

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Der Beitrag Japanisches Kabinett genehmigt neuen grundlegenden Energieplan erschien zuerst auf uranaktien.info.

09.07.2018

VANCOUVER, CANADA – GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) (“GoviEx”
or “Company”) today announced the conclusion of a Termination Agreement and Mutual
Release (the “Termination Agreement”) with Toshiba Corporation (“Toshiba”), following
the completion of the share purchase agreement (“SPA”) between Toshiba and Linkwood
Holdings Pte Ltd. (“Linkwood”), a condition to concluding the Termination Agreement.
Linkwood is the general partner of the Medea Mining Fund (“Medea”).
The Termination Agreement sets out the terms under which GoviEx and Toshiba
(collectively, the “Parties”) agreed to settle the Tranche B Bond dated April 18, 2012, as
amended (the “Uranium Loan”); terminate the Sale and Purchase of Uranium Concentrates
Agreement dated April 18, 2012, as amended; and provide their mutual release to each
other in accordance with the terms and conditions of the Termination Agreement.
“One of GoviEx’s primary objectives is to position the Company for an improvement in the
uranium market. The completion of the Termination Agreement, which settles the Uranium
Loan from Toshiba, has been a key component of that strategy, and this process is now
complete,” commented Govind Friedland, Executive Chairman. “We thank Toshiba for
their support over the past six years and welcome our new strategic shareholder, Linkwood,
who together with Toshiba and GoviEx, came together to conclude this mutually beneficial
transaction.”

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Der Beitrag GoviEx completes Toshiba Uranium Loan Settlement erschien zuerst auf uranaktien.info.

26.07.2018

Cameco shutdown extended indefinitely

Cameco is extending the suspension of production at McArthur River and Key Lake „for an indeterminate duration“, CEO Tim Gitzel announced yesterday. The Saskatchewan operations have been out of production since January.

Gitzel’s announcement accompanied Cameco’s second quarter results, which Gitzel said reflected the impact of a weak uranium market and actions taken by the company aimed at increasing long-term shareholder value.

„We continue to expect to generate strong cash flow this year as we draw down inventory and focus on operating efficiently. However, we have not seen the improvement needed in the uranium market to restart McArthur River and Key Lake,“ Gitzel said.

„This means we will extend the suspension of production at McArthur River and Key Lake for an indeterminate duration.“

Gitzel said the decision had been a difficult one, since it will result in the permanent layoff of about 550 site employees, including those temporarily laid off since January, as well as a reduction of about 150 positions at the company’s corporate offices. A reduced workforce of around 200 employees will remain at the McArthur River and Key Lake sites to keep the facilities in a state of safe care and maintenance. Cameco’s share of the care and maintenance sites are expected to be between CAD5-6 million per month once the layoffs take effect.

Cameco’s joint venture partner Orano has agreed to extend the suspension. The deadline for Orano’s repayment of up to up to 5.4 million pounds of uranium concentrate to Cameco has been extended to 31 December 2023.

„We believe our assets are among the best in the world, and we will continue to show the type of leadership needed to position the company to add significant value over the long term,“ Gitzel said. „We will not produce from our tier-one assets to deliver into an oversupplied spot market. Until we are able to commit our production under long-term contracts that provide an acceptable rate of return for our owners, we do not plan to restart.

„As 2018 unfolds, we will continue to evaluate the market signals. However, we remain resolved in our efforts to maximize cash flow, while maintaining our investment-grade rating so we can self-manage risk and preserve the value of our tier-one assets,“ he added.

Cameco in November announced its plans for a ten-month temporary suspension of production from the McArthur River mining and Key Lake milling operations. In December, Kazakh uranium producer KazAtomProm announced plans to cut its uranium production by 20% for three years beginning in January 2018, to better align output with demand.

Market turnaround ahead

The uranium market has long been acknowledged to be in a state of oversupply, with material entering the market from commercial and government inventory, byproduct production and enrichment plant underfeeding, and producers largely shielded from falling prices by long-term contracts concluded when prices were higher. Uranium resources remain plentiful, but the investment needed to bring resources into production depends heavily on the market.

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Der Beitrag Cameco beschliesst die Aussetzung der Produktion bei den Minen McArthur River und Key Lake auf unbestimmte Zeit erschien zuerst auf uranaktien.info.

Uransektor – Newsletter von Ringler Research per 31.07.2018

Seite 1-3:        Übersicht, Marktkommentar & Überblick der wichtigsten Sektornews

Seite 4:            Uransektor Statistikteil

Seite 5-6:        Chart-Check: Global X Uranium ETF (URA), Cameco (CCJ)

Seite 7:            Überblick aller australischen Urantitel in unserer Datenbank

Seite 8:            Überblick aller nordamerikanischen Uranproduzenten / Projektentwickler in unserer Datenbank

Seite 9:            Überblick aller nordamerikanischen Uran-Explorationsunternehmen in unserer Datenbank         

Seite 10-11:    Unternehmensporträt Blue Sky Uranium                                                                                                

Seite 12-13:    Unternehmensporträt GoviEx Uranium                                                                                                   

Seite 14-16:    Rechtliche Hinweise, Impressum, Disclaimer

Bitte lesen bzw. downloaden Sie den kompletten Newsletter auf der folgende Seite oder Direkt-Link: Link Webseite / Link Download

Der Beitrag Ringler Research – Uransektor Newsletter per 31.07.2018 erschien zuerst auf uranaktien.info.

August 1, 2018

Blue Sky Uranium Updates Activities at Amarillo Grande Project, Argentina

Vancouver, BC / Globe Newswire / August 1, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), „Blue Sky“ or the „Company“) is pleased to provide an update on activities at its wholly-owned Amarillo Grande Uranium-Vanadium project in Rio Negro, Argentina.The Company is currently engaged in completing metallurgical testing to support the Preliminary Economic Assessment (PEA) study it plans to complete by year-end, as well as conducting exploration work to identify and delineate additional resources.Recent and upcoming work programs include:

• PEA for the Ivana deposit
  • Preliminary mineralogical testing completed by the Saskatchewan Research Council (“SRC”) laboratory
  • Metallurgical and process test work underway at SRC
• Exploration to expand resources/identify new mineralization
  • Ongoing auger drilling program in the Ivana area to delineate anomalous radiometric areas for follow-up with reverse circulation (RC) drilling 1000+ metre step-out (RC) drill program planned in the Ivana deposit area

“The recent announcement from Cameco to suspend production at the McArthur River mine reflects the current supply-demand imbalance conditions for uranium, but we believe it will achieve its goal of supporting the return to a sustainable uranium market,”commented Nikolaos Cacos, Blue Sky President & CEO.“We continue with our strategy to advance our exploration and PEA program work at Amarillo Grande so that we are positioned to capitalize on that return for our shareholders.”

Program Details

PEA for the Ivana Deposit

Under the guidance of the Company’s Technical Advisor, Chuck Edwards, a new representative composite sample of uranium-vanadium mineralized material from the Ivana deposit has been made and submitted to The Saskatchewan Research Council (SRC) for mineralogical, metallurgical and process engineering work.SRC is one of Canada’s leading providers of applied research, development and demonstration (RD&D) and technology commercialization, including specific expertise in uranium.With over 71 years of RD&D experience, SRC provides products and services to its 1,500 clients in 20 countries around the world. SRC is an ISO 9001:2015 certified company.

The objectives of the work at SRC include confirming the balance of uranium and vanadium in the ore preparation, and optimizing the leach extraction rate and recovery.The work will include QEMSCAN® quantitative mineralogy testing and customized leach experiments. Preliminary QEMSCAN® mineralogy was conducted in June and has aided in the design of the current metallurgical and process testing. Results from the program will be used to design the flowsheet which will be incorporated into the PEA.

Exploration Programs

Coincident with the PEA work, Blue Sky continues to explore proximal to the Ivana deposit in order to expand resources, under the direction of Guillermo Pensado, Vice President, Exploration & Development for Blue Sky. To date, the Company has completed 425.5 metres of shallow auger drilling in 110 holes to test for extensions to the Ivana deposit; ongoing auger drilling will continue to test for deposit extensions as well as for new areas of mineralization on the greater Ivana property group.Radiometric probe results from the current program are being processed and will be reported in the near future.In addition, the Company is planning a 1,000+metre step-out drill program around the Ivana deposit, which is expected to commence in mid-August, to follow-up on the auger drilling program.

About the Amarillo Grande Project

The Company’s 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina is a new uranium district controlled by Blue Sky. The Project includes several major target areas over a 145-kilometre trend, with uranium and vanadium mineralization in loosely consolidated sandstones and conglomerates, at or near surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company’s strategy includes delineating resources at multiple areas for which a central processing facility could be evaluated.The Ivana deposit is the cornerstone of the Project and the first area to have a NI 43-101 Inferred Resource estimate, which includes 23.9 million tonnes averaging 0.036% U₃0₈ and 0.019% V₂O₅, containing 19.1 million pounds of U₃O₈ and 10.2 million pounds of V₂O₅, at a 100 ppm uranium cut-off (Thorson et al., April 18^th 2018 filed on SEDAR).

Bitte lesen Sie die komplette Pressemeldung unter dem folgenden Link: LINK

Der Beitrag Blue Sky Uranium gibt einen aktuellen Überblick der Aktivitäten beim Amarillo Grande Projekt erschien zuerst auf uranaktien.info.

04.09.2018

MIT Study Finds Nuclear Energy Imperative for an Affordable, Clean Energy Future

What’s New? MIT’s Energy Initiative this week released “The Future of Nuclear Energy in a Carbon-Constrained World,” a follow up to important studies on the future of nuclear energy in the United States first produced by the academy in 2003 and again in 2009. This latest assessment underscores the critical role nuclear energy plays in ensuring affordable electricity, as well as providing a large share of low-carbon generation.

Fast Facts:

• The study debunks the myth that meeting clean energy goals with 100 percent renewables will be straightforward, easy or affordable.
•  It urges lawmakers to institute polices that create a level playing field for clean technologies in energy markets and value the non-emitting attributes of nuclear with Zero-Emission Credit (ZEC) programs. Already three states have established ZEC programs, and a fourth, Connecticut, has passed a law allowing for nuclear power to compete with renewables.
• The study finds that nuclear power will keep electricity prices low, particularly where there are constraints on carbon emissions. This supports previous studies that show that closing nuclear plants increases wholesale electricity prices.
• It points to opportunities for improvement in new plant construction and operation costs, which the industry is addressing by using proven construction management practices and shifting from onsite construction to manufacturing and assembly at factories.
• And it calls on the government to establish programs and funding for new nuclear technologies by sharing licensing costs, funding research and development, and providing electricity production tax credits.

What NEI’s John Kotek has to say about the study: “MIT’s study highlights nuclear energy as a vital contributor in helping meet environmental goals across the globe, and MIT researchers are also explicit in linking the loss of existing nuclear power in the U.S. with increased costs for electricity consumers and setbacks for clean air targets. As our nation’s largest clean energy source, nuclear energy should continue to play a prominent role in any credible program to mitigate against carbon and air pollution.

Bitte lesen Sie den kompletten Artikel unter dem folgenden Link: LINK

Der Beitrag M.I.T. Universitätsstudie hält Nuklearenergie für eine saubere und erschwingliche Energiequelle erschien zuerst auf uranaktien.info.

11.09.2018

Blue Sky Uranium Completes Targeted RC Drilling Program at Ivana Deposit, Amarillo Grande Project, Argentina

Vancouver, BC / Globe Newswire / September 11, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), „Blue Sky“ or the „Company“) is pleased to announce that it has carried out a 61-hole 1,029 metre reverse circulation (RC) drilling program at the Ivana Uranium-Vanadium deposit on its wholly-owned Amarillo Grande Uranium-Vanadium project in Rio Negro, Argentina.  The drilling program covered targeted areas, adjacent to the current mineral resource, which were identified by auger drilling and radiometric probe to have strong potential for delineation of deposit extensions.  Results will be released once received and interpreted.

In addition, a team of highly experienced professionals is being assembled to carry out all aspects of a Preliminary Economic Assessment (PEA) on the Ivana deposit.   Detailed metallurgical test work on a 40 kg representative composite sample is proceeding at the Saskatchewan Research Council (SRC) laboratory in Saskatoon, Saskatchewan.

About the Amarillo Grande Project

The Company’s 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina is a new uranium district controlled by Blue Sky. The Project includes several major target areas over a 145-kilometre trend, with uranium and vanadium mineralization in loosely consolidated sandstones and conglomerates, at or near surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company’s strategy includes delineating resources at multiple areas for which a central processing facility could consolidate production.  The Ivana deposit is the cornerstone of the Project and the first area to have a NI 43-101 Inferred Resource estimate, which includes 23.9 million tonnes averaging 0.036% U308 and 0.019% V2O5, containing 19.1 million pounds of U3O8 and 10.2 million pounds of V2O5, at a 100 ppm uranium cut-off (Thorson et al., April 18th 2018 filed on SEDAR).

Mineralization at Amarillo Grande has characteristics of sandstone-type and surficial-type uranium-vanadium deposits.   The sandstone-type mineralization is related to a braided fluvial system and indicates the potential for a district-size system. In the surficial-type deposits, carnotite mineralization coats loosely consolidated pebbles, and is amenable to leaching and simple upgrading.

The near-surface mineralization, ability to locally upgrade, amenability to leaching and central processing possibility suggest a potentially low-cost development scenario for a future deposit.

Bitte lesen Sie die komplette Pressemeldung unter dem folgenden Link: LINK

Der Beitrag Blue Sky Uranium schließt das RC-Bohrprogramm beim IVANA DEPOSIT, AMARILLO GRANDE PROJECT, ARGENTINA ab erschien zuerst auf uranaktien.info.