Cameco

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

Nuclear Power Back in Vogue as Governments Pursue Viable Energy Alternatives

Retrieved on: 
Monday, January 23, 2023

NEW YORK, Jan. 23, 2023 /PRNewswire/ -- Nuclear power is back at the center of attention as an effective method for combating climate change. In addition to the support governments around the world have shown for the industry in recent years, private investors and market movers are now getting involved. Furthermore, celebrities and major movie directors are now working on destigmatizing nuclear energy. For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos. According to the New York Times, the screening, "was packed — to the point of attendees sitting on the floor." Mr. Stone reasoned that the appetite for his film comes from a lack of alternative solutions, "Despite our investments in renewables, it's not improving our carbon emissions because we haven't tackled the core issue — eliminating fossil fuels," he told DealBook. "Climate change has forced us to take a new look at nuclear power." NuScale Power Corporation (NYSE: SMR), Brookfield Business Partners L.P. (NYSE: BBU), BWX Technologies, Inc. (NYSE: BWXT), Rolls Royce Holdings plc (OTC: RYCEY), Northrop Grumman Corporation (NYSE: NOC).

Key Points: 
  • For example, director Oliver Stone has shown his support for nuclear power with a screening of his documentary movie 'Nuclear' at this year's World Economic Forum in Davos.
  • Meanwhile, France, a country that famously reliant on nuclear power for its energy needs, saw its nuclear industry underperform during the recent energy crisis, with long maintenance outages and an ageing fleet blamed for the deficit.
  • NANO Nuclear Energy Inc. announced back in November that it has appointed Dr. Ian Farnan as Lead for Nuclear Radiation and Materials.
  • Chair of Cambridge Nuclear Energy Centre and Professor of Earth & Nuclear Materials, Dr. Farnan is an expert in the effect of nuclear radiation on materials from nuclear fuels and claddings to waste forms.

Fission Hires Environment and Regulatory Expert to Lead Environmental Assessment Process

Retrieved on: 
Monday, January 23, 2023

Mr. Pryznyk is an environment, health and safety professional with two decades of experience working in Saskatchewan, including 15 years in mining.

Key Points: 
  • Mr. Pryznyk is an environment, health and safety professional with two decades of experience working in Saskatchewan, including 15 years in mining.
  • Much of that experience was gained working for uranium producer, Cameco, where he held positions in environmental management and regulatory affairs at Cigar Lake mine during construction and operation.
  • In this important role, Mr. Pryznyk will lead Fission's Environmental Assessment process, the submission of the Environmental Impact Statement, and the subsequent licensing and permitting of the project through to construction and production.
  • Mr. Pryznyk will be an excellent addition to the Fission technical team as we continue through environmental assessment and permitting phase of development at PLS and beyond."

Jourdan Hires Roger Lemaitre as Vice-President and Head of Mining

Retrieved on: 
Tuesday, January 24, 2023

TORONTO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce the appointment of Roger Lemaitre as Jourdan’s Vice-President and Head of Mining.

Key Points: 
  • TORONTO, Jan. 24, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce the appointment of Roger Lemaitre as Jourdan’s Vice-President and Head of Mining.
  • Mr. Roger Lemaitre is a Professional Engineer and Geologist with more than 30 years of professional experience, with both senior and junior mining companies in various roles including technical exploration and development, management, and senior executive positions.
  • Rene Bharti, CEO of Jourdan, stated, “Having someone of Mr. Lemaitre’s caliber is critical at this phase of Jourdan’s development.
  • Jourdan is very proud to have Mr. Lemaitre join our team.”

Skyharbour’s Partner Company Azincourt Energy Receives Drill Permits for the East Preston Uranium Project

Retrieved on: 
Tuesday, December 13, 2022

Vancouver, BC, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt) is pleased to announce that approvals have been received for the upcoming winter drill program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.

Key Points: 
  • Vancouver, BC, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd.’s (TSX-V: SYH ) (OTCQ X : SYHBF ) (Frankfurt: SC1P ) (the “Company”) partner company Azincourt Energy (“Azincourt) is pleased to announce that approvals have been received for the upcoming winter drill program at the East Preston uranium project, in the Athabasca Basin, Saskatchewan, Canada.
  • Project Location – Western Athabasca Basin, Saskatchewan, Canada:
    Preparations continue for the winter program at the East Preston project.
  • Skyharbour also has a joint venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance.
  • Skyharbour has several active option partners including: ASX-listed Valor Resources on the Hook Lake Uranium Project, CSE-listed Basin Uranium Corp. on the Mann Lake Uranium Project, and CSE-listed Medaro Mining Corp. on the Yurchison Project.

Skyharbour Resources Receives $895,000 from Warrant Exercises

Retrieved on: 
Friday, December 2, 2022

A total of 4,068,306 warrants have been exercised with this batch of warrants expiring November 29th, 2022.

Key Points: 
  • A total of 4,068,306 warrants have been exercised with this batch of warrants expiring November 29th, 2022.
  • Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments.
  • Skyharbour has several active option partners including: ASX-listed Valor Resources on the Hook Lake Uranium Project, CSE-listed Basin Uranium Corp. on the Mann Lake Uranium Project, and CSE-listed Medaro Mining Corp. on the Yurchison Project.
  • Skyharbours Uranium Project Map in the Athabasca Basin:
    To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Companys website at www.skyharbourltd.com .

Skyharbour’s Partner Company Basin Uranium Corp. Completes 2022 Drilling at Mann Lake Uranium Project

Retrieved on: 
Monday, November 28, 2022

Skyharbour entered into an Option Agreement (the Agreement) with Basin Uranium whereby Basin Uranium has an earn-in option to acquire a 75% interest in the Mann Lake Uranium Project.

Key Points: 
  • Skyharbour entered into an Option Agreement (the Agreement) with Basin Uranium whereby Basin Uranium has an earn-in option to acquire a 75% interest in the Mann Lake Uranium Project.
  • The Mann Lake Uranium Project is strategically located 25 km southwest of the McArthur River Mine, the largest high-grade uranium deposit in the world, and 15 km to the northeast of Cameco's Millennium uranium deposit.
  • The Mann Lake project is also adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and Orano (17.5%).
  • Skyharbour also has several active earn-in option partners including: ASX-listed Valor Resources at the Hook Lake Uranium Project, CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project, CSE-listed Medaro Mining Corp. at the Yurchison Project, and Yellow Rocks Energy, a private Australian entity, at the Wallee and Usam Island Projects.

Skyharbour to Carry Out Multiple Phases of Diamond Drilling Totalling 10,000 Metres at the Russell Lake Uranium Project, Saskatchewan

Retrieved on: 
Wednesday, November 23, 2022

Skyharbour is planning 10,000 metres of diamond drilling over three phases to be completed by September of next year and is fully funded for the drill campaign.

Key Points: 
  • Skyharbour is planning 10,000 metres of diamond drilling over three phases to be completed by September of next year and is fully funded for the drill campaign.
  • Russell Lake Project Location Map:
    Jordan Trimble, President and CEO of Skyharbour, stated: We are very excited to be announcing plans for our multi-phased, 10,000 m drill campaign at the Russell Lake Uranium Project.
  • This program will be the first of several phases of drilling at the project.
  • Skyharbours acquisition of Russell Lake creates a large, nearly contiguous block of highly prospective uranium claims totalling 108,999 hectares between the Russell Lake and the Moore uranium projects.

Cameco Produces First Packaged Pounds Following McArthur River/Key Lake Restart

Retrieved on: 
Wednesday, November 9, 2022

Production was suspended at McArthur River and Key Lake for approximately four years beginning in January 2018 due to persistent weakness in the global uranium market.

Key Points: 
  • Production was suspended at McArthur River and Key Lake for approximately four years beginning in January 2018 due to persistent weakness in the global uranium market.
  • McArthur River/Key Lake are expected to produce up to 2 million pounds (100% basis) of uranium concentrate (U3O8) in 2022.
  • Cameco expects the return to production at McArthur River/Key Lake will lead to a significant improvement in our future financial performance.
  • The technical and scientific information discussed in this document for McArthur River/Key Lake was approved by the following individual who is a qualified person for the purposes of NI 43-101: Greg Murdock, general manager, McArthur River, Cameco.