Japan Okays Two More Nuclear Reactors

Japan has greenlit the opening of two reactors for the Takahama project, which is owned by Kansai Electric Power Company.

News of CALPERS Potentially Divesting its Coal Assets Overdone

On December 15, news outlets announced that a California state senator might propose a bill in January that would require the California Public Employees’ Retirement System to divest of its holdings in companies that produce coal.

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Why Stria Lithium’s Latest Metallurgical Results Are So Important

Stria Lithium's president and CEO, Julien Davy, discusses the significance of recent metallurgical test results for the company. The results confirm that Stria can use lithium mineralization from its Pontax lithium project as feedstock for its new pilot plant.

Company News

Quattro Exploration Sells Minor Interests for Net Gain of $417,000

Quattro Exploration (TSX-V:QXP) has sold 38 barrels of oil equivalent per day recording a net gain of $417,000. Subsequent to the negotiation of these divestitures the Company replaced the production sold through an additional acquisition in the Donalda region of Alberta.

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Company Videos

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 says he 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

British Columbia Approves Site C Dam

The government of British Columbia has approved the Site C Clean Energy Project on the Peace River. Premier Christy Clark said the project would provide the province with reliable, clean power for the next century.

SunCoke Energy to Cut Jobs, Halve Coal Production

SunCoke Energy (NYSE: SXC) announced that it would more than halve its annual coal production and cut 175 jobs to scale back its coal mining business due to weak prices.

South Africa to Sign Fuel Deals to Tackle Power Crisis

The South African cabinet has announced it will sign a private sector coal-fired power plant deal to overcome electricity shortages. The cabinet also declared that the country will increase its diesel and gas imports.

Chinese Billionaire Aiming to Beat Tesla in EV Market

A recent report from Bloomberg suggests that Chinese billionaire Jia Yueting is aiming to build electric cars and hopes to surpass Tesla Motors Inc. (NASDAQ:TSLA) in terms of building a broadly available electric vehicle.

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