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Cameco is optimistic about the long-term fundamentals of the uranium market and expects to buy 20-22 million pounds U3O8 (7693-8462 tU) this year - mostly from the spot market - to meet its committed deliveries. That's 1-3 million pounds more than in 2019, CEO Tim Gitzel said during his presentation of the Canadian uranium producer's financial and operating results on 7 February. The spot market however is underperforming on weak demand, he said.
Corporate 11 February 2020
Regulators must explore the possibility of harmonising international requirements for advanced and small modular reactor design evaluation and licensing, Rumina Velshi, president and CEO of the Canadian Nuclear Safety Commission, told delegates at the Advanced Reactors Summit VII held in Knoxville, Tennessee yesterday. In August last year, Velshi and US Nuclear Regulatory Commission Chairman Christine Svinicki signed a Memorandum of Cooperation to expand the agencies' cooperation on activities associated with advanced reactor and SMR technologies.
Perspectives 12 February 2020
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Ontario Power Generation said it remains committed to seeking safe and permanent disposal of nuclear waste after the members of Saugeen Ojibway Nation voted not to support plans for a deep geologic repository for low and intermediate-level waste at the Bruce nuclear site. OPG said in 2013 that it would not build the DGR without the support of the First Nation.
Waste & Recycling 03 February 2020