Report on Chinese Nuclear Expansion Plans

January 28, 2014By adminCEO Blog

“We believe China is entering a stage of rapid development in nuclear power. From our channel checks, we believe China will lift its installed nuclear power capacity from 13GW in 2012 to 40GW by 2015 and to 60-70GW by 2020.” The statement above is from a recent Merrill Lynch report entitled “China’s five-fold nuclear power … Read More

Exploration and Development – Timing is Key

December 16, 2013By adminCEO Blog

As we come up to the end of the year, it’s worth taking stock of Azincourt’s progress and our plans for next year. The last six months have seen us enter a joint venture agreement with Fission Uranium to explore the PLN (Patterson Lake North) project as well as make the acquisition of two projects … Read More

China’s Uranium Binge

November 12, 2013By adminCEO Blog

China displaced Germany as the world’s top exporter in 2009, exporting almost $1 trillion in goods in that year. However, the country’s need for energy to fuel its export economy has resulted in heavy dependency on fossil fuels, particularly oil. To tackle the increasing requirement for clean energy and to reduce reliance on energy supplies … Read More

Megatons to Megawatts Expiration Signals US Uranium Shortage

November 4, 2013By adminCEO Blog

Nuclear power accounts for 19% of US electricity consumption. But did you know that 10% of all electricity generated in the US comes from a Russian source? Thanks to the Megatons to Megawatts program, decommissioned Russian nuclear warheads have been providing uranium since 1995 to American nuclear plants as fuel. Now, 20 years later 475.2 … Read More

Feature Article: Juniors Hunting for Uranium in Patterson Lake Region

October 31, 2013By adminCEO Blog

View original article at Resource Investing News The Patterson Lake region, located in Saskatchewan’s Athabasca Basin, is an emerging area for uranium exploration, development and production. Following the release of excellent drill results from joint venture partners Fission Uranium (TSXV:FCU) and Alpha Minerals(TSXV:AMW), many companies hoping to find a deposit of their own rushed to stake claims in … Read More

Nuclear Growth Fuelling Uranium Price

October 17, 2013By adminCEO Blog

“It would be wise for uranium buyers to make decisions in 2015 at the latest.” That’s good advice from Oliver Wantz, who is head of the mining division of the world’s second largest uranium producer, Areva SA. The uranium price suffered a major blow in 2011 after an earthquake and tsunami caused a meltdown of … Read More

PLN: Working Towards Discovery

October 10, 2013By adminCEO Blog

  Earlier this week Azincourt Uranium and our JV partner Fission Uranium released the initial results from our 2013 summer program at Patterson Lake North (PLN). The goal of this program was to identify and prioritize drill targets for the 2014 winter drill program. I am very pleased to report that our efforts were successful. … Read More