Articles Tagged "Uranium Articles"

The Common Man: Betting on Uranium Exploration

Robert Simpson, a former journalist and leading authority on public perceptions, is trying his hand at investing in resource stocks. Here he explains why he's giving uranium a shot and identifies the company he's bought shares in. Read on to find out which it is.

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.

China Looking to Grow its Stake in the Uranium Market

More than one big announcement from China hit the uranium space this week. First, China National Nuclear and China General Nuclear Power Group announced plans to obtain stakes in French nuclear company Areva. Then CNNC subsidiary CNNC International said it plans to seek acquisition opportunities to help meet growing Chinese uranium demand.

Cameco Declares Commercial Production at Cigar Lake

Cameco has faced some difficulties at its Cigar Lake mine. However, the company announced Friday that the operation was in commercial production as of May 1. The mine remains on track to achieve its annual production target of 6 to 8 million packaged pounds of uranium for the year, and its long-term production target of 18 million pounds by 2018 also remains in place,

TEPCO’s Uranium Stockpile Sale Likely a ‘One-Off’ Move

News surfaced recently that Tokyo Electric Power, or TEPCO, which has not consumed uranium since the 2011 Fukushima nuclear crisis, is planning to sell part of its uranium stockpile during its 2015 fiscal year in an effort to cut costs. The sale could add 6.56 million pounds of U3O8 equivalent to the spot market.