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Khan compensated for Mongolian expropriation
Khan compensated for Mongolian expropriation
The Mongolian government must pay Khan Resources $100 million in compensation for its 2009 cancellation of the company's uranium licences, an international arbitration tribunal has ruled.
Corporate · Tuesday, 3 March 2015
Magnox and RSRL to merge
Magnox and RSRL to merge
The UK's Magnox Limited and Research Sites Restoration Limited (RSRL) are being merged into a single site licence company as part of changes being introduced by the new parent body organization Cavendish Fluor Partnership.
Corporate · Monday, 2 March 2015
Paks joins EPRI's nuclear research program
Paks joins EPRI's nuclear research program
Paks Nuclear Power Plant in Hungary has joined the nuclear research program of the Electric Power Research Institute.
Corporate · Thursday, 26 February 2015
Alliance turns down Four Mile offer
Alliance turns down Four Mile offer
Alliance Resources has rejected a AUD 57.6 million ($44.7 million) offer from Quasar Resources for its 25% interest in the Four Mile uranium project in South Australia, ahead of announcing an updated exploration target for the prospective Four Mile North East project.
Corporate · Tuesday, 24 February 2015
US-Canadian partnership for isotopes
US-Canadian partnership for isotopes
A Canadian-US partnership has been announced to create a "new, reliable supply" of medical isotopes for use worldwide.
Corporate · Monday, 23 February 2015
US NRC could shrink by 10% in five years, says report
US NRC could shrink by 10% in five years, says report
The US Nuclear Regulatory Commission (NRC) could be about 10% smaller in 2020 on a "declining interest" in nuclear power in the USA. The projection is contained in the Project Aim 2020 report the agency released yesterday.
Corporate · Thursday, 19 February 2015
CASI venture opens in China
CASI venture opens in China
A joint venture between France's Areva and China's Central Nuclear Control System Engineering Co has officially opened in Beijing. The new company - Areva Nuclear Safety Instrument Control Engineering Co (CASI) - will supply digital control systems for nuclear power plants.
Corporate · Tuesday, 17 February 2015
Fluor contracted to Diablo Canyon
Fluor contracted to Diablo Canyon
Fluor is to provide operations and maintenance services to the Diablo Canyon nuclear power plant in California under a five-year contract with Pacific Gas and Electric Company (PG&E). Meanwhile PG&E has taken steps to address a potential gap in emergency procedures at the plant.
Corporate · Friday, 13 February 2015
Belgian reactor shutdown imminent
Belgian reactor shutdown imminent
Unit 1 of the Doel nuclear power plant in Belgium will be permanently disconnected from the grid on 15 February, operator Electrabel has stated. Despite government approval for extending the life of the 40-year-old unit, the regulator has not yet given its permission.
Corporate · Thursday, 12 February 2015
Areva, Evopro agree to cooperate
Areva, Evopro agree to cooperate
Areva and Hungarian engineering company Evopro have signed a memorandum of understanding to formalize global cooperation in nuclear and renewable energy.
Corporate · Monday, 9 February 2015
Cameco claims strong 2014 performance
Cameco claims strong 2014 performance
2014 was a year of strong operational performance for Cameco, according to CEO Tim Gitzel, following a fourth quarter which saw Cigar Lake's first packaged uranium concentrate.
Corporate · Monday, 9 February 2015
Areva revenues down in 2014
Areva revenues down in 2014
Areva's revenues dropped during 2014 while its order book simultaneously grew to record levels thanks to a €5.5 billion ($6.2 billion) deal to handle and recycle used fuel from EDF's reactor fleet.
Corporate · Wednesday, 4 February 2015
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