May 27, 2024

Cameco closes $366 million debt offering

The net proceeds will be used to retire Cameco’s outstanding 4.19% senior unsecured debentures.

May 24, 2024

Metaspectral’s ore resource evaluation system gets IMII innovation award

ORES will automate the sampling process of potash and uranium, providing comprehensive, real-time analysis of ore composition and quality, the company said.

May 16, 2024

US to offer up to $3.4 billion for nuclear fuel makers in June

In addition to Centrus, companies that could benefit from the spending include ConverDyn.

May 10, 2024

Cameco’s CEO explains uranium strategy

“We’re not producing just to build inventory,” Cameco CEO Tim Gitzel said in a recent interview.

May 10, 2024

UK students to use AI, robotics to develop nuclear decommissioning solutions

UK students are being challenged with developing a small robot capable of transporting nuclear waste.

May 9, 2024

NexGen stock rises on $250m uranium purchase deal

The uranium developer inked an agreement with MMCap International for the procurement of 2.7 million pounds of uranium concentrate.

May 3, 2024

Kazatomprom uranium sales lag behind production

Output came to 7.2 million lb. uranium oxide on an attributable basis, up from 6.4 million lb. last year.

May 1, 2024

Senate passes Russian uranium import ban, sending to Biden

The ban is needed to unlock some $2.7 billion to stand up a domestic uranium industry made available by Congress earlier this year.

April 30, 2024

Cameco shares down on ‘disappointing’ first quarter loss

The uranium major’s adjusted net earnings fell 51% to $56 million, a sharp contrast with the $115 million from the same quarter last year.

April 30, 2024

Data centers will likely provide boost to nuclear energy, says Cameco CEO

Overall, power use from the thousands of giant computing warehouses that comprise data centers is expected to triple globally this year.