Areva

ALX Resources Corp. Receives Exploration Permit for Gibbons Creek Uranium Project, SK

Thursday, June 10, 2021 - 12:30pm

In 1959, Haymac Mines restarted mining and shipped 500 tons of high-graded ore to the Lorado Mill at Uranium City, SK.

Key Points: 
  • In 1959, Haymac Mines restarted mining and shipped 500 tons of high-graded ore to the Lorado Mill at Uranium City, SK.
  • Black Lake Uranium Project ("Black Lake"): Located adjacent to Gibbons Creek.
  • Owned 40% by ALX, with UEX Corporation ("UEX") holding a 51.426% interest and Orano Canada Inc. holding an 8.574% interest.
  • Forward-looking statements in this news release include: the Gibbons Creek Project ("Gibbons Creek") is prospective for uranium, gold, and PGE mineralization; the Company's plans to undertake exploration activities at Gibbons Creek, and expend funds on Gibbons Creek.

Vallourec finalizes the sale of Valinox Nucléaire SAS to Framatome

Tuesday, June 1, 2021 - 6:45am

Boulogne-Billancourt, June 1st, 2021 Vallourec, world leader in premium tubular solutions, announces today that it has finalized the sale to Framatome of the company Valinox Nuclaire SAS, located at the French production facility in Montbard (Burgundy, Cte dOr).

Key Points: 
  • Boulogne-Billancourt, June 1st, 2021 Vallourec, world leader in premium tubular solutions, announces today that it has finalized the sale to Framatome of the company Valinox Nuclaire SAS, located at the French production facility in Montbard (Burgundy, Cte dOr).
  • Founded in 1974, Valinox Nuclaire SAS France is specialized in the manufacturing of tubes for nuclear islands.
  • Edouard Guinotte, Chairman of the Vallourec Management Board, stated the integration of Valinox into Framatome will offer it and its teams the best possible outlook.
  • The acquisition of Valinox Nuclaire SAS by Framatome will allow it to fully integrate the French nuclear sector, to benefit from potential synergies with this major player and to provide it with new sales opportunities.

Insights on the Industrial Computed Tomography Global Market to 2025 - Featuring Nikon, Omron and Hitachi Among Others - ResearchAndMarkets.com

Friday, May 7, 2021 - 1:46pm

The density and consistency of these superalloys components can be tested and inspected by means of industrial CT equipment.

Key Points: 
  • The density and consistency of these superalloys components can be tested and inspected by means of industrial CT equipment.
  • The United Kingdom, Germany, France, and Russia have been identified as one of the foremost markets for Industrial CT market in Europe.
  • The country houses numerous global giants in the energy business, such as GDF Suez, EDF, and Areva.
  • Though, attempts are made to decrease dependence on non-renewable sources of energy might amend the dynamics of the market in the future years.\n"

Cameco Restarting Cigar Lake Mine in April

Friday, April 9, 2021 - 10:00pm

Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic.

Key Points: 
  • Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic.
  • Having Cigar Lake running is part of our strategy and it was always our intention to resume production, Gitzel said.
  • The Cigar Lake operation is owned by Cameco (50.025%), Orano Canada Inc. (37.1%), Idemitsu Canada Resources Ltd. (7.875%) and TEPCO Resources Inc. (5.0%) and is operated by Cameco.
  • The above scientific and technical information relating to the Cigar Lake uranium mining operation was approved by Lloyd Rowson, general manager, Cigar Lake, Cameco.

Forum Commences Gravity Survey on Its Wollaston Uranium Project, Saskatchewan

Wednesday, April 7, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum") has started a gravity survey on its Wollaston Uranium Project, located 10km south of Cameco's Rabbit Lake uranium mill and immediately east of the all-weather road to Orano's McClean Lake uranium processing plant.
  • "The gravity survey is designed to detect areas of alteration within north-south bends along a number of electromagnetic (EM) conductors on the project," stated Ken Wheatley, Forum's VP, Exploration.
  • "Alteration halos may be formed during the creation of uranium deposits along EM conductors.
  • In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt.

Orano Canada Inc. (“Orano”) Completes First Earn-In Option and Forms Joint Venture with Skyharbour at the Preston Uranium Project

Friday, March 26, 2021 - 12:30pm

Orano previously held an option to acquire the interest through an option agreement entered into with Skyharbour and Dixie Gold Inc. (Dixie Gold).

Key Points: 
  • Orano previously held an option to acquire the interest through an option agreement entered into with Skyharbour and Dixie Gold Inc. (Dixie Gold).
  • In March 2017, Skyharbour signed an option agreement with Orano (formerly AREVA Resources Inc.) that provided Orano an earn-in option to acquire a majority working interest in the 49,653 hectare Preston Uranium Project (see also news release dated December 15, 2016).
  • Skyharbour has now entered into a joint venture partnership with industry-leader Orano Canada Inc. and has a joint venture partnership with Azincourt Energy.
  • 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 .

Lightbridge Corporation and Framatome Announce Settlement Agreement to Dissolve Enfission Joint Venture

Monday, March 22, 2021 - 4:35pm

RESTON, Va. and PARIS, March 22, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, and Framatome, a leader in nuclear fuel, components and reactor services, today announced that they have reached a Settlement Agreement (the Agreement) that dissolves the Enfission joint venture.

Key Points: 
  • RESTON, Va. and PARIS, March 22, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, and Framatome, a leader in nuclear fuel, components and reactor services, today announced that they have reached a Settlement Agreement (the Agreement) that dissolves the Enfission joint venture.
  • As per the terms of the Agreement, Lightbridge and Framatome are each free to pursue their ongoing technology development without any constraints.
  • Lightbridge has agreed to pay approximately $4.2 million, consisting of unpaid invoices and certain other costs incurred by Framatome.
  • The Agreement resolves all disputes between the companies and terminates all agreements pertaining to the joint venture.

Forum Plans Uranium Exploration on Its Wollaston Project, Saskatchewan

Monday, March 22, 2021 - 12:30pm

Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 22, 2021) - Forum Energy Metals Corp. (TSXV: FMC) ("Forum") is planning a gravity survey this April on its 11,067 hectare Wollaston Uranium Project.
  • The project is located 10km south of the Rabbit Lake uranium mill immediately east of the all-weather road to the Rabbit Lake and McClean Lake uranium processing plants.
  • Ken Wheatley, Vice President, Exploration stated, "Along with our exploration endeavors at Fir Island (uranium, funded by Orano), Janice Lake (copper, operated by Rio Tinto Canada Ltd) and Love Lake (nickel/PGM), the Wollaston Project is an important new addition to Forum's portfolio.
  • Forum staked the current claims less than a year ago based on 40+ years of uranium exploration experience in the selective identification of the highest potential conductive trends that remain untested or under-explored.

Forum Energy Metals to Exhibit at The 2021 PDAC Virtual Conference

Thursday, March 4, 2021 - 1:30pm

Forum is also participating in the One on One Meeting Program at the PDAC arranged through Precious Metals Summit Conferences on March 9 and 10.

Key Points: 
  • Forum is also participating in the One on One Meeting Program at the PDAC arranged through Precious Metals Summit Conferences on March 9 and 10.
  • Forum Energy Metals Corp. (TSXV: FMC) has three 100% owned energy metal projects to be drilled in 2021 by the Company and its major mining company partners Rio Tinto and Orano Canada Inc. for copper/silver, uranium and nickel/platinum/palladium in Saskatchewan, Canada's number one rated mining province for exploration and development.
  • In addition, Forum has a portfolio of seven drill ready uranium projects and a strategic land position in the Idaho Cobalt Belt.
  • For further information: www.forumenergymetals.com
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Uranium Royalty Corp. to Acquire Royalties on the World-Class McArthur River and Cigar Lake Mines in Saskatchewan, Canada

Thursday, February 11, 2021 - 11:00am

The production track-record of McArthur River and Cigar Lake demonstrates the true scale of these mines.

Key Points: 
  • The production track-record of McArthur River and Cigar Lake demonstrates the true scale of these mines.
  • As of the end of December 2020, the two mines have produced a total of ~418 Mlbs of U3O8, with 325 Mlbs from McArthur River and 93 Mlbs from Cigar Lake.
  • Status of the McArthur River and Cigar Lake Mines:
    McArthur River Mine is operated by Cameco in partnership with Orano.
  • Cigar Lake Mine is operated by Cameco in joint venture with Orano, Idemitsu Canada Resources Ltd., and TEPCO Resources Inc.