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Uranium Mining News

3 articles about uranium mining

Energy Secretary Keeps Critical Generation Available in Mid-Atlantic

U.S. Secretary of Energy Chris Wright has issued an emergency order directing PJM Interconnection and Constellation Energy Corporation to keep Units 3 and 4 of the Eddystone Generating Station in Pennsylvania operational from August 23, 2026, through November 20, 2026. This directive, overriding a planned May 31, 2025 shutdown, aims to prevent critical grid reliability issues and potential blackouts in the Mid-Atlantic, underscoring the ongoing national debate about maintaining baseload capacity amid energy transition efforts. The decision highlights the strategic importance of traditional power sources, including coal, natural gas, and nuclear, for ensuring grid stability during peak demand.

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United States to Host International Atomic Energy Agency Launch for New Maritime Nuclear Initiative

The United States is set to host the ministerial launch of the International Atomic Energy Agency’s (IAEA) new ATLAS initiative in Washington, D.C., on August 26–27, 2026. This landmark event will establish an international framework for the safe and secure deployment of nuclear technologies in the maritime sector, addressing legal and regulatory complexities for advanced applications like floating nuclear power plants and civil nuclear-powered ships. The initiative holds significant implications for the mining industry, particularly regarding future demand for uranium and other critical minerals essential for advanced nuclear reactor development.

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Purecore, Skyharbour sign agreement on Yurchison uranium project

Purecore Metals has finalized an agreement with Skyharbour Resources to acquire up to a 100% interest in the Yurchison uranium property, strategically located in Canada's prolific Athabasca Basin. This multi-stage earn-in deal, announced on July 31, 2026, involves significant cash payments, share issuances, and substantial exploration commitments, positioning Purecore to capitalize on a strengthening uranium market driven by increasing global electricity demand. The acquisition highlights the continued strategic importance of the Athabasca Basin for future nuclear fuel supply.

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