Idaho Samizdat: Nuke Notes

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• Canadian uranium news for 02/27/10

  This blog post is an edited version of a column published in Fuel Cycle Week , 02/17/10 V9:N364 by International Nuclear Associates, Washington, DC. Cameco re-enters Cigar Lake mine after flood Cameco Corp ( TSX:CCO ) announced Feb 11 its crews re-entered the main working level of the Cigar Lake mine , 480 meters (1,575 feet) below the surface. Lyle Krahn, a spokesman for Cameco, told FCW the re-entry... Posted Feb 26 2010, 10:53 PM by Idaho Samizdat: Nuke Notes Filed under: Canada, uranium mine

• Cameco in hunt for acquisitions

  Proceeds from sale of stake in gold firm fuel drive for growth This report is based on an article in Fuel Cycle Week , V9N360, January 20, 2010, published by International Nuclear Associates, Washington, DC. Stock prices referenced in this article are in the currency of the country of origin and cited as of market close January 19, 2010. What will Cameco ( TSE:CCO ) do with the C$1.5 billion it has... Posted Feb 01 2010, 08:23 AM by Idaho Samizdat: Nuke Notes Filed under: nuclear, Canada, nuclear blogs, Cameco, acquisitions

• Canadian uranium update for 01/21/10

  McClean Lake Mill on standby for lack of ore Just before Christmas 140 workers at Areva's McLean Lake uranium mill in Saskatchewan got a holiday greeting they'd been dreading for some time. The firm announced plans to lay off 140 workers in 2010 because of a lack of ore from Cameco's Cigar Lake mine which has flooding problems. Areva employs 270 workers at McClean Lake. Operations at Cigar... Posted Jan 21 2010, 05:11 PM by Idaho Samizdat: Nuke Notes Filed under: Canada, uranium, Cameco, mining, Mclean, report, cigar lake

• Canadian uranium news for December 2009

  This is an edited version of a monthly column published 12/16/09 in Fuel Cycle Week V8:N357 by International Nuclear Associates, Washington, DC. Cameco sells gold mine shares to focus on uranium Cameco (TSX:CCO), one of the world's largest uranium producers, will reap estimated net proceeds of [cdn] $872 million by divesting its position in Centerra Gold. The announcement was accompanied by a promise... Posted Dec 29 2009, 09:29 AM by Idaho Samizdat: Nuke Notes Filed under: Canada, uranium mining

• Canadian Uranium News 12/02/09

  Debut issue of a new monthly column This is a new monthly column for this blog. In addition to the Western Lands Uranium Gopher, which covers the industry in the U.S., I'm expanding blog coverage to include the Canadian uranium mining industry. This column is an edited version of content published in Fuel Cycle Week , V8:N355 12/02/09 by International Nuclear Associates, Washington, DC. ( All prices... Posted Dec 03 2009, 01:59 PM by Idaho Samizdat: Nuke Notes Filed under: Canada, uranium

• AECL’s cloudy future

  What if they held a sale and nobody came? One of the arguments for having the government build nuclear reactors in Canada, via a ‘crown corporation,’ is that the private sector won’t have to take the risks given the enormous amounts of capital needed to pay for them.  That principle is being called into question.  Atomic Energy Canada Limited ( AECL ) is facing the prospect of being broken... Posted Nov 01 2009, 07:26 PM by Idaho Samizdat: Nuke Notes Filed under: AECL, Canada, nuclear blogs, atomic energy of canada limited, recators, atomic

• Who’s really ‘dysfunctional’ in Canada?

  Harper government and Ontario province dig themselves into holes with AECL as the shovel Conservative Prime Minister Stephen Harper may come to regret  his blunt language reported in the Economist June 18 in which his spokesman called Atomic Energy Canada Limited (AECL) “dysfunctional.”  The insulting language, which will undoubtedly affect at least 30,000 votes in Ontario for the next election... Posted Jul 04 2009, 04:53 PM by Idaho Samizdat: Nuke Notes Filed under: AECL, Canada, atomic energy of canada limited

• Canada offers CANDU for sale

  This time they really mean it In the latest round of what passes for a soap opera plot in the heavy industry world of nuclear energy, the government of Canada has announced yet again it will offer a crown corporation, or at least parts of it, for sale.  The part it wants to sell off is the CANDU heavy water reactor technology developed by Atomic Energy Limited of Canada ( AECL ) and its workforce... Posted May 30 2009, 11:14 AM by Idaho Samizdat: Nuke Notes Filed under: CANDU, Canada, sale

• International nuclear fuel bank for Canada?

  Two nuclear fuel banks are needed – one in Russia’s sphere of influence and another in the West.  Is Saskatchewan it? When President Barak Obama made a proposal in Prague on April 5 to establish an international nuclear fuel bank in Kazakhstan, what he was talking about was putting non-commercial uranium enrichment production under international control at one site.  That isn’t likely to... Posted Apr 26 2009, 05:57 PM by Idaho Samizdat: Nuke Notes Filed under: Canada, politics and nuclear power, fuel

• AECL’s destiny to be decided at Darlington?

  A $15 billion project and future participation in global nuclear markets hang in the balance Atomic Energy Canada Limited ( AECL ) is part of one of three mega-consortiums which have submitted bids for the rights to build two new reactors, with options for two more, in the Toronto suburb of Darlington , Ontario. The project is worth at least $15 billion and has attracted French nuclear giant Areva... Posted Mar 08 2009, 11:36 AM by Idaho Samizdat: Nuke Notes Filed under: AECL, Canada, Darlington

• Point Lepreau could get two new reactors

  AECL would finance the deal with private sector firms Canadian Energy Minister Jack Keir said this week he will seek approval for two additional new nuclear reactors at Point Lepreau in New Brunswick province.  The atomic power plants would be built by Crown corporation Atomic Energy Limited Canada (AECL) and two private sector partners - SNC-Lavalin and Hitachi Nuclear.  The three firms... Posted Jan 09 2009, 07:58 PM by Idaho Samizdat: Nuke Notes Filed under: Canada, New Nuclear Plants, Point Lepreau

• Reactors on the move in Canada

  It's a fluid environment in the western provinces The progress of plans for new nuclear builds in Canada took a couple of unexpected turns this week. Alberta wants to study nuclear energy while Bruce Power wants to build two or more units in the tar sands region near Peace River. However, next door Saskatchewan popped up this week "encouraging" TransCanada, the owner of Bruce Power, to... Posted Apr 27 2008, 12:26 PM by Idaho Samizdat: Nuke Notes Filed under: Canada

• Canada drives G8 enrichment shift

  Nuclear diplomacy gets complicated   A drive by the Canadian province of Saskatchewan to develop uranium enrichment capabilities so it can move up the value chain of the nuclear fuel cycle has put international diplomacy on the issue into high gear.  The Wall Street Journal reports (sub req'd) on 4/19/08 that the Bush Administration gave in to "heavy pressure" from Canada which... Posted Apr 19 2008, 04:22 PM by Idaho Samizdat: Nuke Notes Filed under: Canada

• Canada dances with wolves

  International nuclear agreements end nation's silence on big potential deals with GNEP and Russia. GNEP nations need Canada's uranium.  Russia needs its reactor technologies. Last summer when more than a dozen nations held a ministerial level diplomatic meeting in Vienna, Austria, on the Global Nuclear Energy Partnership GNEP, Canada sat out the meeting sending an observer instead of the... Posted Nov 30 2007, 10:32 PM by Idaho Samizdat: Nuke Notes Filed under: GNEP, Canada

• Canada plans spent fuel reprocessing under GNEP

  The country's nuclear industry is eager to get into the business The Toronto Globe & Mail reports that Canada will eventually get into the business of reprocessing spent fuel. Gary Lunn , Canada's Natural Resources Minister, said September 5th, "reprocessing spent fuel from a CANDU reactor is not something we do now, but there is no question that as the technology evolves, it's something we'll see... Posted Sep 09 2007, 06:33 PM by Idaho Samizdat: Nuke Notes Filed under: GNEP, Canada