Cameco trims demand forecast after Japan disaster
The embattled uranium industry has received a vote of confidence from Cameco Corp., as the miner maintained its sales guidance for 2011 and only made slight reductions to its long-term demand forecast....
View ArticleUranium market’s ‘point of maximum pessimism’
Versant Partners analyst Rob Chang begins his note with a question: Apart from general market weakness, what is the worst that could reasonably happen to the global uranium market? His answer: Nothing....
View ArticleLNG on the rise
Liquefied natural gas prices are surging to a three-year high as demand from Japan, China and India outpaces supply increases, boosting sales for producers from BG Group Plc to Exxon Mobil Corp. Record...
View ArticleAreva to sell first bond since Fukushima disaster
Areva SA, the world’s largest builder of nuclear plants, is selling its first bonds since the Fukushima disaster in Japan made some nations rethink their reliance on atomic energy. The utility is...
View ArticleTokyo Electric says no plans to sell all uranium stakes
Tokyo Electric Power Co on Monday said it has no plans to sell all the stakes it holds in overseas uranium projects, denying a newspaper report that it would take such a step to raise funds to help...
View ArticleUranium takeovers offering big payoffs
Uranium takeovers are offering investors the biggest potential payoffs, less than a year after the partial meltdown of Japan’s Fukushima nuclear plant. Hathor Exploration Ltd., the owner of a uranium...
View ArticleCameco’s adjusted earnings jump, stock falls
TORONTO — Cameco Corp. offered nothing new on its bid for Hathor Exploration Ltd. on Monday, leaving shareholders with plenty of time to focus on the uranium giant’s third quarter earnings. And they...
View ArticleWords alone won’t fix eurozone’s ‘major flaw’: Buffett
By Chikafumi Hodo IWAKI, Japan — Billionaire investor Warren Buffett said Europe’s debt crisis had shown up a “major flaw” in the 17-member eurozone system and it would take more than words to fix it....
View ArticleCameco and Rio Tinto battle it out for Hathor
The future of nuclear power is so bright that the industry’s richest takeover offer may still not be enough to let Rio Tinto Group win a bidding contest for Hathor Exploration Ltd. Hathor, which owns a...
View ArticleMore MBAs Makes the World a Better Place
During the holidays, I managed to meet up with a few old friends who have decided to go back to school. I had a great time chatting with them about the days we used to teach in Fukushima and the days...
View ArticleSNC-Lavalin secures $48M contract with Romania nuclear power plant
MONTREAL – Canadian engineering giant SNC-Lavalin Group Inc. has won a contract to install venting equipment at Romania’s Cernavoda nuclear power plant, part of an industry-wide safety upgrade in the...
View ArticleCanadian Solar considering bringing plant to Japan: report
By Swetha Gopinath Canadian Solar Inc. plans to build a factory in Japan and is currently in negotiations with local governments in Fukushima and Miyagi prefectures, the Nikkei reported. The business...
View ArticleIAEA sees significant nuclear growth despite Fukushima
Global use of nuclear energy could increase by as much as 100 percent in the next two decades on the back of growth in Asia, even though groundbreakings for new reactors fell last year after the...
View ArticleAnalysts raise uranium targets as producers show signs of life
One year after Japan’s Fukushima nuclear crisis, analysts are hiking ratings and price targets on uranium companies that have posted some impressive gains of late. In Canada, Uranium One Inc. shares...
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Lawrence Solomon: Evacuation a worse killer than radiation
ReutersFukushima evacuees sleep at an evacuation centre in a gymnasium in Kawamata, Japan, on March 14, 2011, Thousands of Fukushima evacuees may be killed by severe stress If a terrorist in New York...
View ArticleUranium miners still struggling to emerge from shadow of Fukushima
Following the Fukushima nuclear facility disaster in March 2011, uranium miners were quick to rationalize that the fundamentals of their business were unlikely to change and the world still needed more...
View Article‘Burnable ice’ discovery gives Japan hope of 100-year gas supply
Japan has extracted natural “ice gas” from methane hydrates beneath the sea off its coasts in a technological coup, opening up a super-resource that could meet the country’s gas needs for the next...
View ArticleUranium stocks jump as Japan inches closer to nuclear restarts
TORONTO • Uranium stocks jumped higher on Tuesday after Japan unveiled a pro-nuclear energy plan that could lead to restarts of some of its long-idled nuclear reactors. The restarts are a key catalyst...
View ArticleInternational Enexco: Promise of eU3O8
UPDATE:March 19 – Denison Mines Signs LOI to Acquire International Enexco – read full release. Drilling for uranium in the Athabasca Basin in the far North of Saskatchewan is cold work. But for...
View ArticleA glimmer of hope for uranium as Japanese reactor set to restart
It has been more than four years since Japan’s Fukushima nuclear facility was crippled by an earthquake and tsunami. The uranium market was also crippled by that incident, in part because Japan’s...
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