Canada rss

Vendors team up on SMR commercialisation

New Nuclear

13 March 2017

GE Hitachi Nuclear Energy and Advanced Reactor Concepts have signed a memorandum of understanding to collaborate on the development and licensing of a small modular reactor. Each company has so far been developing its own sodium-cooled fast reactor models.

Cameco to contest Tepco's termination of supply contract

Corporate

01 February 2017

Cameco announced today that Tokyo Electric Power Company Holdings has issued a termination notice for a uranium supply contract with Cameco Inc that it does not accept. "Cameco Inc sees no basis for terminating the contract, considers Tepco to be in default, and will pursue all its legal rights and remedies," the Saskatchewan, Canada-based uranium producer said.

Cameco responds to 'discrepancy' in analyst expectations

Corporate

18 January 2017

Cameco yesterday announced its earnings expectations and operational changes planned for 2017. "While it is not our usual practice to disclose earnings expectations, we are announcing our earnings expectations for 2016 in advance of our participation in upcoming investor conferences due to the significant discrepancy between analyst earnings estimates and our current expectations," the Saskatchewan, Canada-based uranium producer said.

Bruce Power awards more Candu extension contracts

Corporate

22 February 2017

Bruce Power has awarded L3 MAPPS a contract to replace the digital control computer system of unit 6 of the Bruce B nuclear power plant in Ontario. Bruce Power has also awarded SNC-Lavalin contracts worth almost $28 million for its major component replacement program.

LeadCold seals funding agreement with Essel

New Nuclear

26 January 2017

SEALER SMR - 48LeadCold, the lead-cooled small nuclear reactor technology company, has said licensing and construction of a demonstration SEALER (Swedish Advanced Lead Fast Reactor) in Canada has moved a step closer thanks to $200 million in funding from Essel Group Middle East.

OPG submits geologic repository studies

Waste and Recycling

05 January 2017

Ontario Power Generation (OPG) has submitted further information on its proposed deep geologic repository for low- and intermediate-level waste to Canadian regulators. The studies, carried out in response to a ministerial request, show that relocating the repository from OPG's proposed site at Bruce to one of two alternative locations would increase environmental effects and costs.