Antinuclear

Australian news, and some related international items

Paladin makes it clear that regulations are slacker for uranium mining in Africa

Take your pick and get out of Africa | Herald Sun, Olga Galacho , 6 May 2010, IF THE flap of a butterfly’s wings can cause an effect on the other side of the world, then it should follow that certain mining activities in Africa should shame some Australian investors. “………..Details of the 150 ASX-listed or soon to be floated companies with mostly uranium mining interests in Africa have been kindly supplied in the Australia-Africa Mining Industry Group’s submission.It is available here: tinyurl.com/34xw9ez Australian companies now represent the third-largest category of miners in Africa and many of them have been attracted to that continent because of the poor governance of some of its regimes……….
back in 2006 when geologist John Borshoff, chief of Paladin, said: “The future for resources is in Africa . . . Australia and Canada have become overly sophisticated . . . there’s been an over-compensation in terms of thinking about environmental issues and social issues way beyond what is necessary to achieve good practice.”While Mr Borshoff leaves us wondering what he could possibly mean by good practice, his Paladin has made it audaciously clear what he considers ideal practice — to convince the Australian Government that taxpayers ought to pick up some of the mop-up and make-good bill after resources companies have dug and decamped.

Supported by an endorsement from Paladin, the Australia-Africa Mining Industry Group says on page 6 of its submission to the inquiry that “the most direct and obvious manner in which Australian mining and service companies can facilitate the re-engagement with Africa is via a public-private partnership in delivering social development assistance that ensures the relatively limited available government aid funding is applied to maximum social, financial, political and strategic advantage”. Take your pick and get out of Africa | Herald Sun

May 12, 2010 - Posted by | AUSTRALIA - NATIONAL, religion and ethics, uranium | , , , ,

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