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The COVID-19 pandemic has significantly influenced the uranium market as several companies announced in the second quarter of 2020 measures leading to an important decrease of uranium production and related services, the Euratom Supply Agency (ESA) says in its newly released 2020 Annual Report. The report provides an overview of nuclear fuel supply and demand in the EU.
- Source: World Nuclear News
- Date: Friday, 09 July 2021
- Original article: world-nuclear-news.org/Articles/ESA-reviews-COVID-impacts-on-supply-and-demand
Workers are returning to the Cigar Lake uranium mine in northern Saskatchewan, Canada, ahead of its planned restart later this week, Cameco has announced. All non-essential personnel were evacuated last week from the site as a precaution due to the proximity of a nearby wildfire.
- Source: World Nuclear News
- Date: Tuesday, 06 July 2021
- Original article: world-nuclear-news.org/Articles/Cigar-Lake-to-resume-operation-as-wildfire-risk-pa
Production at Cigar Lake has been suspended and Cameco is evacuating all non-essential personnel from the uranium mine in northern Saskatchewan as a precaution due to the proximity of a nearby wildfire. Some 230 workers are being transported off site, the company said yesterday, with about 80 essential personnel remaining on-site to maintain the facility in a safe state.
- Source: World Nuclear News
- Date: Saturday, 03 July 2021
- Original article: world-nuclear-news.org/Articles/Cameco-evacuates-Cigar-Lake-as-wildfire-precaution
The lack of progress in clarifying the International Atomic Energy Agency's (IAEA's) questions concerning the correctness and completeness of Iran's safeguards declarations seriously affects the ability of the IAEA to provide assurance of the peaceful nature of the country's nuclear programme, IAEA Director General Rafael Mariano Grossi said today in his opening statement to the quarterly session of the IAEA Board of Governors.
- Source: World Nuclear News
- Date: Tuesday, 08 June 2021
- Original article: world-nuclear-news.org/Articles/Grossi-calls-for-Iran-to-cooperate-with-IAEA-reque
“First, demand for nuclear power is becoming more certain as the mega trend of increasing electrification while phasing out carbon-intensive sources of energy continues to take hold around the globe,” he told analysts on a conference call.
“Second, uranium supply is becoming less certain as years of persistently low prices have led to planned production curtailments, lack of investment, the end of reserve life for some mines, shrinking secondary supplies and trade policy issues.”
- Source: Nucnet
- Date: Wednesday, 12 May 2021
- Original article: nucnet.org/news/company-excited-by-fundamentals-despite-q1-net-loss-5-2-2021
Production at the Cigar Lake uranium mine in northern Saskatchewan, Canada, resumed near the end of April following the second COVID-19 related shutdown, Cameco said on 7 May whilst announcing its results for the first quarter of 2021. The company said its deliveries to customers in 2020 were not impacted by the pandemic and it does not expect there to be a material impact on its 2021 deliveries. However, it now expects to purchase more uranium in order to meet its supply contracts.
- Source: World Nuclear News
- Date: Tuesday, 11 May 2021
- Original article: world-nuclear-news.org/Articles/Cameco-increases-uranium-purchases-to-meet-contrac
Orano is confident about its uranium mining future and will continue to invest in its projects while remaining committed to being a responsible mining company at all stages of operation, Orano Mining CEO Nicolas Maes told delegates at the World Nuclear Fuel Cycle forum today.
- Source: World Nuclear News
- Date: Friday, 16 April 2021
- Original article: world-nuclear-news.org/Articles/Orano-Mining-CEO-expresses-confidence-for-future
The pandemic has shown the resilience of the nuclear industry to act responsibly, both as a supplier of energy and as an employer, the head of the world's biggest uranium producer said today. In his address to delegates at the World Nuclear Fuel Cycle forum, Kazatomprom CEO Galymzhan Pirmatov said the wellbeing of the company's 20,000 employees was his first priority.
- Source: World Nuclear News
- Date: Thursday, 15 April 2021
- Original article: world-nuclear-news.org/Articles/Kazatomprom-put-health-before-profit-during-pandem
Canada’s Cameco and Orano Canada on 9 April both announced plans to resume uranium production. Cameco said that it plans to restart production at its Cigar Lake uranium mine located in northern Saskatchewan. Production at Cigar Lake was temporarily suspended in December 2020 due to increasing risks posed by the Coronavirus (COVID-19) pandemic. At that time, the availability of workers in critical areas was shrinking due to the pandemic, with more individuals screening out or residing in communities with pandemic-related travel restrictions.
- Source: NEI Magazine
- Date: Wednesday, 14 April 2021
- Original article: neimagazine.com/news/newsuranium-production-to-resume-in-canada-8665738
Canadian uranium producer Cameco is "bullish about the future" thanks to growing interest from around the world in nuclear energy as a reliable, sustainable and low-carbon source of electricity, President and CEO Tim Gitzel said today during the World Nuclear Fuel Cycle forum, which is being held this week by the US Nuclear Energy Institute and World Nuclear Association.
- Source: World Nuclear News
- Date: Wednesday, 14 April 2021
- Original article: world-nuclear-news.org/Articles/Cameco-buoyed-by-global-interest-in-nuclear