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Tuesday, Feb 18, 2025
Mugglehead Investment Magazine
Alternative investment news based in Vancouver, B.C.

Mining

Orano Canada donates to Indigenous mineral exploration scholars in Saskatchewan

The uranium producer’s C$125,000 contribution will assist radiation and environmental science students at Northlands College too

Orano Canada donates to Indigenous mineral exploration scholars in Saskatchewan
Recruitment. Photo credit: Northlands College

One of Canada’s top uranium producers has made a substantial donation to an Indigenous scholarship program at Northlands College.

The C$125,000 sum provided by Orano Canada this week will be put toward scholars in the institution’s Mineral Exploration Techniques, Environmental Science and Radiation programs.

“This donation [the “Northern Futures” fund] will significantly aid our Indigenous learners in accessing education and pursuing career opportunities that contribute to the local economy,” Northlands President Karsten Henriksen said. About 98 per cent of the school’s students are Indigenous.

“It is also intended to inspire the next generation to explore careers in uranium mining and the broader nuclear sector,” Orano Canada chief executive Jim Corman added.

Orano Canada recently made a C$1 million donation to Saskatchewan Polytechnic too. The sum was put toward its Women in Trades and Technology program.

Read more: ATHA Energy’s geodata director scoops prize for AI deposit targeting method

Read more: ATHA Energy Corp. starts the first phase of uranium drilling in Nunavut

SaskPower collaborates with Cameco and Westinghouse

The province’s primary utility company just signed a memorandum of understanding with Saskatchewan’s other major uranium producer Cameco Corporation (TSX: CCO).

Westinghouse Electric, owned by Brookfield Business Partners LP (NYSE: BBU) and Cameco, will work with SaskPower to explore commercial and technical pathways to deploy its nuclear reactors in Saskatchewan. Both the AP1000 reactor, which currently operates in the United States and China, and the AP300 small modular reactor will be taken into consideration.

“Collaborating on nuclear fuel supply and evaluating various technologies will only serve to enhance our current small modular reactor development work,” SaskPower President Rupen Pandya said. “And planning around the workforce and future of Saskatchewan’s power system.”

The recent donation from Orano and the new agreement with SaskPower come as the Canadian Nuclear Society’s annual conference is currently underway in Saskatoon.

“The people of Saskatchewan may not appreciate just how important they are in the energy transition that’s taking place,” Neil Alexander, the organization’s communications director, said in an interview with CTV regarding the event.

This contemporary energy transition he refers to has inspired an unprecedented amount of uranium exploration in the province. ATHA Energy Corp. (OTCQB: SASKF) (TSX-V: SASK), Stallion Uranium Corp. (TSX-V: STUD) and IsoEnergy Ltd. (TSX-V: ISO) are some of Saskatchewan’s key prospectors hunting new deposits for future development.

 

ATHA Energy is a sponsor of Mugglehead news coverage 

 

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