PETERBOROUGH, Ontario--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$168 million, five-year contract extension to manufacture fuel for Ontario Power Generation's (OPG) Darlington and Pickering nuclear generating stations. The deal extends BWXT NEC's current fuel manufacturing arrangement with...Read More
Energy Fuels Inc (TSE:EFR, NYSE:UUUU) became the largest uranium producer in the United States in 2017, it told investors, posting revenues for the year of US$31mln (2016: US$54.5mln).The net loss was US$27.9mln, narrowed from a loss of US$39.8mln the previous year.READ - Energy Fuels set for operations expansion in Utah after La Sal Complex approvalGross profit for what the firm said was another...Read More
An Industrial Way Forward Agreement signed on 10 March by the CEOs of EDF and Nuclear Power Corporation of India Ltd (NPCIL) sets out the industrial framework and planned timetable for the implementation of six EPR reactors at Jaitapur, as well as the roles and responsibilities of the partners.Emmanuel Macron and Narendra Modi, pictured during their joint press statement on 10 March (Image: Prime...Read More
Base metals prices on the London Metal Exchange were lower across the board at the close on Monday March 12, with overhead selling pressure weakening prices.Lead plummeted 2.7% today as it hit a fresh 2018-low of $2,311 per tonne - the metal failed to hold onto the gains it registered on Friday and lacks significant support. "[Lead] has struggled ever since the 2018-high at $2,685 per tonne due to...Read More
A collaboration between the Massachusetts Institute of Technology (MIT) and private company Commonwealth Fusion Systems (CFS) is aiming for the rapid commercialisation of nuclear fusion energy, with support from Italian energy company Eni.A visualisation of the SPARC tokamak (Image: Ken Filar, PSFC)The MIT-CFS collaboration aims to build a compact device capable of generating 100 MW of fusion powe...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Bitcoin and gold prices seen converging as interest rates riseRegulators say cryptocurrency rules could draw on gold tradePhotographer: Luke MacGregor/BloombergBitcoin should be regulated similar to gold -- which benefits from simpler compliance rules than stocks or bonds -- according to Austria’s biggest broker of the digital token.While cryptocurrency transactions in the European Union ab...Read More
Increased aluminium availability in Europe has applied further downward pressure to falling premiums in the region, following the Section 232 announcement.The benchmark duty-paid premiums fell 3% to $158-168 per tonne on Friday March 9 from $163-173 per tonne the week before, while the duty-unpaid premium fell to $93-103 per tonne last Friday from $95-105 per tonne on Tuesday March 6.US Presi...Read More
Spot prices for ammonium paratungstate (APT) and tungsten concentrates continued to rise last week when sellers raised their offers or declined to offer at all while Chinese raw materials are in tight supply. APT and oxide supplies continue to tighten while Chinese output slows Sellers decline to offer intermediates due to concerns over replacement cost, availability Profit-taking prompts fall in...Read More
The Chinese ferro-silicon spot market slumped over the past week because of slow demand from key consumers in the steel and magnesium sectors.The market will be vulnerable to further losses if there is no upturn in demand in the near term. Chinese demand lags behind supply... ...and domestic prices fall more than 10% Europe price range widens amid uncertainty US market eases, wary of renewed impor...Read More
A week-long strike by workers with trade union representation at South America's largest zinc smelter, Cajamarquilla, has ended, owner Nexa Resources has confirmed."The strike is over. Nexa Resources reached an agreement with the Labour Union on Friday [March]...Read More
Spot prices for ammonium paratungstate (APT) and tungsten concentrates continued to rise last week when sellers raised their offers or declined to offer at all while Chinese raw materials are in tight supply. APT and oxide supplies continue to tighten while Chinese output slows Sellers decline to offer intermediates due to concerns over replacement cost, availability Profit-taking prompts fall in...Read More
If you're getting the sense that stocks always go up, that's because they've been doing so for a really, really long time. From CNBC today: On the bull market’s ninth birthday, here’s how it stacks up against history?EUR?The Dow has quadrupled during the bull market, which turned 9 on Friday.?EUR?This is the biggest and longest bull market for the Dow post-WWII, according to Leuthold G...Read More
Exploring the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of Dease Lake, northern British Columbia. Photo courtesy Kutcho Copper Corp.Kutcho Copper Corp. [KC-TSXV], formerly Desert Star Resources Ltd., recently completed the acquisition of the Kutcho high-grade copper-zinc-silver-gold project located 100 km east of the small community of Dease Lake, northern British Colum...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
Rubicon's Phoenix Gold Project in northern Ontario. Source: Rubicon Minerals Corp.The Pheonix Gold Project is an underground exploration project located in the district of Red Lake located 265 km northeast of Winnipeg, Manitoba.Rubicon owns 100% of the Phoenix Gold Project which consists of the high-grade F2 gold deposit, more than 9,000 metres of underground development, including a commissioned...Read More
Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More
DXI Energy's Woodrush Oil & Gas project in northeastern British Columbia. Source: DXI Energy Inc."We are pleased to report that we are in receipt of licenses and permits required to mobilize a rig to spud the first of several exploration wells intended to demonstrate high potential targets delineated by the third quarter and fourth quarter integration and re-interpretation of multiple 3D surve...Read More
Chinese silicon export prices have been stable due to high raw materials costs and limited output during dry season though market participants are wary of a headwind on low buying interest, while European prices were steady on a hesitant market sentiment.The Chinese grade 553 silicon export price stood at $2,010-2,050 per tonne on Friday March 9, unchanged from one week ago. Since the start of Dec...Read More