Japan’s Sendai Reactors Receive Final Approval for Restart

Japan’s Sendai Reactors Receive Final Approval for Restart

Japan's Nuclear Regulation Authority has approved the operational safety plans for the Sendai nuclear power station's two reactors. Sendai is owned by Kyushu Electric Power, and the company plans to load fuel into one reactor during the first half of June, and following final safety inspections, expects to restart it in mid-July.

Uranium Mining 101: Part 1 — Exploration

Resource Investing News breaks down in layman's terms what goes into detecting uranium in the ground and underwater, also detailing what tests companies undertake to determine the size and density of a deposit and what goes into geophysical analysis.

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Videos

Rob Chang on the Uranium Market for 2015

At the 2015 PDAC conference in Toronto, Resource Investing News spoke with Rob Chang, senior analyst and head of metals and mining for Canada at Cantor Fitzgerald, about what's in store for the uranium market in 2015.

Ross McElroy on Fission’s Latest Drill Results

This week, Fission Uranium released the latest step-out drill results from its Triple R deposit, reporting off-scale radiation on-land 555 meters west of the Triple R deposit. The company was on the show floor at the 2015 PDAC International Convention, Trade Show & Investors Exchange, so Resource Investing News caught up with Fission president and COO, Ross McElroy to talk about the results.

Company News

Teck Decides to Halt Production at Canadian Mines

Teck Resources Limited (NYSE:TCK) announced it would be implement temporary shutdowns at its six Canadian steelmaking coal operations during the third quarter of the year.

Plateau Uranium Announces Non-Brokered Private Placement

Plateau Uranium Announces Non-Brokered Private Placement

Plateau Uranium (TSXV:PLU) announced a non-brokered private placement for up to C$3,000,000, offering units at C$0.45 per Unit consisting of one common share and one-half of one common share purchase warrant.

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Company Videos

Pure Energy Minerals CEO Robert Mintak Provides an Update on the Clayton Valley Lithium Brine Project

Pure Energy Minerals (TSXV:PE) CEO Robert Mintak spoke about the Clayton Valley Lithium Brine Project, located in Esmeralda County, Nevada - halfway between Las Vegas and Reno. According to Mr. Mintak, "In 2014, Pure Energy was able to successfully raise close to $4 million, which allowed us to begin exploration work on the project. Early drill results have shown promising lithium concentrations ranging from 230 to 400 parts per million. Additionally in 2014, Pure Energy was able to add additional management roles to the company including a new COO, Dr. Andy Robinson, PhD, Geoscientist with a history in water project development; and Alexi Zawadzki as VP of Business Development. Additionally, we added Prof. LeeAnn Munk, a world-ranking geoscientist on lithium brine resources."

Cobre Montana’s Adrian Griffin Talks Lithium in the Czech Republic

Cobre Montana (ASX:CXB) Managing Director Adrian Griffin is anticipating a Scoping Study for the Cinovec project in the Czech Republic, "within the next couple of months." He also said, "if you go back only 2 months, that project was considered a tin project; by applying the appropriate technology, we found that there is probably twice as much lithium value in that project as there is tin." Cobre Montana applied their licensed processing technology to extract lithium from the micas and achieved float recoveries of 98% and leach extraction of 99.5% lithium at Cinovec.

Toro Energy Managing Director Dr. Vanessa Guthrie Says Be Patient and Persistent in Tough Times

Toro Energy Ltd. (ASX:TOE) Managing Director Dr. Vanessa Guthrie says what makes Toro Energy stand out from any other uranium company in its class is that, "we are the only project approved, ready to go, and the most advanced in terms of engineering and resource studies in Australia. [And] all we are now waiting for is the time to come back... the market to come back, with the uranium price, which will actually put Wiluna into production." In the last 12 months, major funds have invested in Toro Energy: $5 million from RealFin Capital Partners, and a $20 million investment from The Sentient Group.

Market News

Wildfire in Canada Spreads Closer to Oil Sands

Mining.com reported that a massive wildfire has spread in northern Alberta and has spread into the oil sands area, severely impacting the production.

Final Line Drawn on US-Russia HEU Agreement

The World Nuclear News reported that upon the completion of the Megatons to Megawatts program between Russia and the US, President Barrack Obama announced the decision to terminate a state of national emergency.

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