Related Topic: COVID-19

Cameco increases uranium purchases to meet contracts

Cameco increases uranium purchases to meet contracts

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.

Uranium & Fuel 10 May 2021


Banks present ways to turn finance green

Banks present ways to turn finance green

Finance must be mobilised at "an absolutely unprecedented level" if a net-zero economy is to be created as rapidly as required, US Special Presidential Envoy for Climate John Kerry said at the Leaders Summit on Climate last week. The magnitude of this challenge means that governments alone "cannot possibly" find all the necessary investment, he added.

Energy & Environment 26 April 2021


Guterres thanks USA for 'walking the talk' with new climate target

Guterres thanks USA for 'walking the talk' with new climate target

The USA has pledged to cut its CO2 emissions by 50-52% below 2005 levels by the end of this decade. US President Joe Biden announced the target at the Leaders Summit on Climate that he is hosting today and tomorrow to encourage increased ambition in combatting climate change. The event coincides with Earth Day, the annual event first held on 22 April 1970.

Energy & Environment 22 April 2021


Coal demand to boost CO2 emissions in 2021, says IEA

Coal demand to boost CO2 emissions in 2021, says IEA

Global energy-related carbon dioxide emissions are on course to increase by 1.5 billion tonnes in 2021 - the biggest annual rise in emissions since 2010, according to the International Energy Agency. This increase, reversing most of last year's decline caused by the COVID-19 pandemic, is being driven by a strong rebound in demand for coal in electricity generation.

Energy & Environment 20 April 2021


Kazatomprom put health before profit during pandemic, says Pirmatov

Kazatomprom put health before profit during pandemic, says Pirmatov

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.

Corporate 14 April 2021


Cameco buoyed by global interest in nuclear

Cameco buoyed by global interest in nuclear

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.

Corporate 13 April 2021


Canadian uranium mine and mill to resume operation

Canadian uranium mine and mill to resume operation

Cameco has announced plans to restart production later this month at its Cigar Lake uranium mine in northern Saskatchewan, Canada, which was suspended in December last year in response to the COVID-19 pandemic. Meanwhile, Orano Canada said it will resume production at its McClean Lake uranium mill, where ore from Cigar Lake is processed.

Uranium & Fuel 12 April 2021


Ministers gear up for COP26

Ministers gear up for COP26

The post-COVID economic recovery and the clean energy transition present a huge opportunity from which all nations can benefit, delegates at the IEA-COP26 Net Zero Summit agreed. Over 40 countries, covering more than 80% of global GDP, population and carbon emissions, took part in the event on 31 March to identify how to work together to meet the goals of the Paris Agreement. They included the USA, which re-joined the 2015 climate accord earlier this year.

Energy & Environment 06 April 2021


Nuclear is a 'credible cost competitor', says IMF working paper

Nuclear is a 'credible cost competitor', says IMF working paper

A working paper published by the International Monetary Fund last week uses multiplier analysis to determine the impact that investment in clean energy would have on the economic recovery from the COVID-19 pandemic.  The document - Building Back Better: How Big Are Green Spending Multipliers? - states clean energy sources are: solar, wind, hydro, geothermal, biomass and nuclear, which it then divides into renewable and non-renewable.

Energy & Environment 25 March 2021


Sizewell C Consortium signs MoU on investment potential

Sizewell C Consortium signs MoU on investment potential

The proposed Sizewell C nuclear power project could lead to an investment of GBP4.4 billion (USD6.0 billion) in the East of England, according to a Memorandum of Understanding announced today by the Sizewell C Consortium, which represents more than 200 UK-based companies and organisations.

Waste & Recycling 24 March 2021