Areva

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

Retrieved on: 
Friday, March 26, 2021
Areva, Nuclear energy in France, Companies, Economy of France, Mineral exploration, Orano Canada, Orano, Mining

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

Retrieved on: 
Monday, March 22, 2021
Areva, Nuclear energy in France, Framatome, Électricité de France, Science and technology in France, Engineering organizations, Economy of France

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

Retrieved on: 
Monday, March 22, 2021
Areva, Nuclear energy in France, Orano, Rabbit Lake, Economy of France, Companies, Economies

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

Retrieved on: 
Thursday, March 4, 2021
Areva, Mineral exploration, Companies, Orano Canada, Orano, Mining, Toronto Stock Exchange, Economy of Canada, Economies, Uranium mining by country

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

Retrieved on: 
Thursday, February 11, 2021
Mining, Mineral exploration, Companies, Areva, Nuclear technology in Canada, Cigar Lake Mine, Cameco, Nuclear technology, Orano, Idemitsu Kosan, McArthur, Key Lake mine

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.

Purepoint Uranium Group Inc.: commences Drilling Program at Hook Lake

Retrieved on: 
Thursday, January 28, 2021
Mineral exploration, Areva, Nuclear technology, Mining, Companies, Orano Canada, Cameco, Uranium, Orano

TORONTO, Jan. 28, 2021 /PRNewswire/ -Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today announced that drilling program at Hook Lake has begun.

Key Points: 
  • TORONTO, Jan. 28, 2021 /PRNewswire/ -Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today announced that drilling program at Hook Lake has begun.
  • Hook Lake is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) in the Patterson Uranium District, Saskatchewan, Canada.
  • The Sabre Target Area is situated on the northeastern portion of the Hook Lake Project, within the Patterson Lake Corridor.
  • The Hook Lake JV Project is on trend with recent high-grade uranium discoveries including Fission Uranium's Triple R Deposit, NexGen's Arrow Deposit and the Hook Lake JV's Spitfire discovery.

Drill Mobilization Commences at Forum's Fir Island Uranium Project

Retrieved on: 
Wednesday, January 20, 2021
Nuclear energy in France, Companies, Economy of France, Mining, Mineral exploration, Orano Canada, Orano, Areva, Athabasca Basin, Cobalt

This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).

Key Points: 
  • This program is operated by Forum and funded 100% by Orano Canada Ltd. (formerly AREVA Resources Canada Ltd.).
  • A temporary camp will be established on the island to minimize the commute to the drill site and to minimize contact with the local communities to comply with the current Covid restrictions.
  • In addition, Forum has a portfolio of seven drill ready uranium projects in the Athabasca Basin and a strategic land position in the Idaho Cobalt Belt.
  • For further information: www.forumenergymetals.com
    Figure 1: Target Areas on the Fir Island Project.

Cameco Temporarily Suspending Production at Cigar Lake Mine

Retrieved on: 
Monday, December 14, 2020
Mining, Mineral exploration, Areva, Cigar Lake Mine, Nuclear technology in Canada, Companies, Cameco, Orano Canada, Uranium mining, Orano, Idemitsu Kosan, Nuclear industry in Canada

We have had six positive tests at our northern operations in recent weeks, including three at Cigar Lake.

Key Points: 
  • We have had six positive tests at our northern operations in recent weeks, including three at Cigar Lake.
  • At the peak of production this fall, there were about 300 workers on-site at Cigar Lake.
  • 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.

Sena Technologies Aggressively Targets Industrial Sectors With Launch of New Marketing Initiative, Sena Industrial Website

Retrieved on: 
Tuesday, July 14, 2020
Areva, Framatome, Nuclear energy in France, Science and technology in France, Energy, Industries

No matter what the work environment, Sena Industrial solutions address peer-to-peer and wireless team communications in manufacturing, construction, outdoor maintenance, and other industrial work settings.

Key Points: 
  • No matter what the work environment, Sena Industrial solutions address peer-to-peer and wireless team communications in manufacturing, construction, outdoor maintenance, and other industrial work settings.
  • Sena's solutions are proven and trusted, easy to use and deploy, reliable and efficient, and offer secure and safe operation.
  • Leader in nuclear energy, Framatome outfits its teams with Sena Industrial solutions for better communications when working deep inside nuclear reactors.
  • Established in 1998, Sena Technologies, Inc. is the leading innovator in the motorcycle and outdoor sports communication market.

BWXT Divests U.S. Nuclear Services Portfolio

Retrieved on: 
Tuesday, June 2, 2020
Defense, Aerospace, Manufacturing, Energy, Nuclear, Other Defense, BWX Technologies, Nuclear energy in France, Areva, Lynchburg, Virginia, Framatome, Companies, Regions of the United States, Science and technology in France

BWX Technologies, Inc. (NYSE: BWXT) announced today it has completed the process to divest its United States-based commercial nuclear services business to Framatome.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) announced today it has completed the process to divest its United States-based commercial nuclear services business to Framatome.
  • In a cashless transaction, BWXT will receive a 118,000-square-foot manufacturing facility and the associated 11 acres of land from Framatome.
  • BWXTs Canadian-based nuclear manufacturing and services business is not part of this transaction and will continue its work in North America and overseas.
  • Headquartered in Lynchburg, Va., BWXT provides safe and effective nuclear solutions for national security, clean energy, environmental remediation, nuclear medicine and space exploration.