Electricity Being Restored at Fukushima

Source: Forbes, Osha Davidson (3/17/11)

"New electric power line is being connected to Fukushima reactor #2."

The Japanese utility company that operates the Fukushima Dai-Ichi nuclear power complex has begun hooking up a new electric power line to reactor #2, according to government-sponsored television station NHK. The six-reactor complex located 140 miles northeast of Tokyo lost electric power after the massive earthquake and resulting tsunami struck Japan on March 11. Electricity is needed to pump water that cools reactor fuel rods as well as "spent" fuel rods kept on site.

According to NHK, electric power won’t be restored at Fukushima Dai-Ichi until sometime this afternoon, U.S. time, at the earliest. (Japan is 11 hours later than EDT.)

The spent fuel pools at Units 1, 2 and 3 contain a total of 219 metric tons (or 241 "short" tons, the measure used in the United States) of fuel rods.

Backhoes, Yellow Vests, and Tin Shacks
Source: Michael Ballanger (12/16/2024)

Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the market and one stock he believes is the safest trade in the junior space going into year-end.

Report Highlights the Co.'s Expanding Project Portfolio
Source: Siddharth Rajeev (12/11/2024)

Fundamental Research gave Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) a Buy rating in a report that highlighted the company's expanding project portfolio and ongoing drill programs amid renewed optimism in the uranium sector.

Strategic Uranium Contracts Signal Market Confidence in Western Supply
Source: Streetwise Reports (12/11/2024)

NexGen Energy Ltd. (NXE:TSX; NXE:NYSE.MKT) has announced its first uranium sales agreements, securing contracts for 5 million pounds of uranium with leading U.S. nuclear utility companies. Read more about how these contracts can assist the company in meeting growing nuclear energy demand.

Jr. Completes Milestone For Optioning Athabasca Basin Uranium Project
Source: Streetwise Reports (12/10/2024)

Mustang Energy Corp. (MEC:CSE) announced it has completed the first milestone in its option agreement with partner Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQX; SC1P:FSE) to acquire a 75% interest in Skyharbour's 914W Uranium Project in the Athabasca Basin. One analyst says there is "renewed optimism" in the sector. Read why.

Uranium Deal Secures Key Projects in Athabasca Basin as Exploration Momentum Grows
Source: Streetwise Reports (12/09/2024)

Cosa Resources Corp. (COSA:TSXV; COSAF:OTCQB; SSKU:FSE) has received conditional approval from the TSX Venture Exchange for its acquisition of a 70% interest in a portfolio of prospective uranium projects from Denison Mines Corp. Read more about how this strategic acquisition affects the company's plans for uranium exploration in the Athabasca Basin.