ERA: drastic drop in uranium miner’s profit
ERA slashes profit forecast, The Age, December 22, 2010 The uranium producer Energy Resources Of Australia disappointed investors by flagging lower than expected profits and fewer reserves at Ranger mine.ERA said it expected an after-tax profit of between $45 million and $55 million in 2010. It made $272.6 million in 2009. Analysts had expected a profit of about $84 million.It said lower production had forced it to buy uranium oxide to meet sales commitments. Prices were also below average. Shares closed down $1.22, or 9.3 per cent, at $11.95. ERA slashes profit forecast
Northern Territory intervention aimed to get Aboriginals off their land
the real motivation for the intervention, which seems to be more about land than children…. the federal government intervention – entirely without consultation with the Indigenous people and ignoring the substantive recommendations of the report to which it was purportedly responding…..Wholesale compulsory acquisition of land for unstated purposes is another measure that would not be tolerated by the Australian community as a whole….to destroy Aboriginal culture and Aboriginal attachment to their traditional lands
Human Rights and the Northern Territory Intervention, Online opinion, By Alastair Nicholson – , 20 December 2010, Australia is the only western nation without a bill of rights and, indeed, is one of only a few countries in the world to lack such a bill. Continue reading
Heart of Australia can develop solar energy
the price of these solar panels is coming within cooee of the cost of gas-fired production,…Alice Springs is very environmentally conscious. If we want to test anything in the environmental area this is where we will test it out.”
Sun shines on nation’s largest solar station, NT News | DAVID WOOD | December 16th, 2010 A NEW solar power station believed to be the biggest in Australia will be built at Alice Springs. The Federal Government will chip in half of the funding for the $6.6 million power station, to be built by Alice Solar City and SunPower Corporation. Continue reading
Northern Territory govt explains its opposition to Alice Springs uranium mine
“We’re 20 kilometres from Alice Springs in an arid environment and an environment well known for dust storms,” he said.
“I think it’s enough evidence for us to oppose it…the reasons behind our opposition to establish a mine so close to Alice Springs
Vatskalis defends Alice uranium mine opposition ABC News (Australian Broadcasting Corporation), Nov 18, 2010 The Northern Territory Resources Minister says a decision to oppose any application to mine for uranium at a site near Alice Springs was not just based on public opinion. Continue reading
50 years later, Rum Jungle uranium mine site still radioactive
Recreation reserve closed due to radiation, ABC News (Australian Broadcasting Corporation), By Louisa Rebgetz Nov 12, 2010 A Northern Territory recreational reserve where a uranium mine once operated has been closed due to low-level radiation in the area. The Rum Jungle Mine, about 100 kilometres south of Darwin, operated in the early 1960s.The area was rehabilitated in 1991 before becoming the Rum Jungle South Recreation Reserve.The Department of Resources says tests at the waste rock pile at the reserve have detected low-level radiation……Recreation reserve closed due to radiation – ABC News (Australian Broadcasting Corporation)
Cameco Paladin uranium companies having second thoughts on Alice Springs mine plan
Mining company reconsiders scale of uranium project, – ABC News (Australian Broadcasting Corporation), By Amy Marshall d Mon Nov 8, 2010 A mining company exploring for uranium at a site near Alice Springs says it will reconsider the scale of its project in light of opposition from the Northern Territory Government. Continue reading
Report on the Nuclear Compton Telescope accident in Northern Australia
causes related to insufficient risk analysis, contingency planning, personnel training, technical knowledge, government oversight and public safety accommodations………Immediately after the accident in Australia, launch operations at all of NASA’s balloon sites were suspended.
NASA Releases Report About Australia Balloon Mishap, Space Daily, Oct 25, 2010 A NASA panel that investigated the unsuccessful April 28 launch of a scientific balloon from Alice Springs, Australia, has released its report. Continue reading
Secrecy on transport of uranium from Darwin port
with all the recent pollution problems there, the shipment was being kept “quiet”…not uncommon for containers to be damaged.”Our wharfies aren’t trained to know what to do should one of the containers get damaged or there’s a spill …
Port keeps lid on uranium transport | Northern Territory News , ALYSSA BETTS, October 24th, 2010 ABOUT 500 tonnes of uranium concentrate from Jabiru is set to be loaded from East Arm Wharf on to ships bound for China. Continue reading
ERA’s uranium profit fell 82% !
ERA in July reported an 82% plunge in first-half net profit to 22.7 million Australian dollars (about US$22.4 million), largely thanks to the lower ore grades.
Uranium Miner Expects Profit Hit – WSJ.com, By ROSS KELLY, 14 Oct 10, SYDNEY—Energy Resources of Australia Ltd., the uranium arm of mining giant Rio Tinto, on Wednesday downgraded its annual production guidance for the second time this year, ….The production shortfall means ERA will have to cover some supply requirements with purchases, further eroding its earnings. Continue reading
Uranium miner ERA: costs high, profits low
‘This is expected to adversely impact ERA’s 2010 earnings, as the small price margin associated with the sale of the purchased material is more than offset by the ongoing costs of operation,’’ the company said.
ERA shares fall on production downgrade, Sydney Morning Herald, October 13, 2010 – 1 Uranium miner Energy Resources of Australia has downgraded its 2010 production guidance, saying ore grade in the September quarter was lower than expected. Continue reading
Secret Pine Gap, the CIA’s largest facility outside USA
Pine Gap hosts the largest CIA facility outside America,…While visiting US lawmakers are taken on tours of Pine Gap, Federal MP’s are denied entry.
Strategic US Military Intel Base in Pine Gap, Australia,
Global Research, by Richard Neville Ground Truth: Pine Gap, Australia On the flight from Sydney to Alice Springs the desert unfolds for hours beneath the window. On descent it is possible to glimpse a space age compound on the sand backed by the MacDonnell Ranges and distinguished by a clump of enormous white pop art “golf balls”. This is Pine Gap, a US military base built on the traditional land of the indigenous Arrente people, Continue reading
Uranium company ERA fined for radioactive pollution of workers
Twenty-eight workers had fallen ill with spontaneous vomiting, gastric upsets, headaches or skin rashes after drinking or showering in the water, which contained 400 times more uranium than recommended
When PR Goes Nuclear | Green Hybrid Cars , 29 Sept 10, Northern Territory based miner and producer of uranium oxide Energy Resources Of Australia Limited (ERA) were today fined $150,000 Continue reading
Northern Territory govt opposes Paladin and Cameco’ s uranium mining plans
Northern Territory govt opposes Cameco’s planned uranium mine at Alice Springs
uranium mining activities near the springs could potentially contaminate the area’s underground water reservoir.
French nuclear company AREVA pushing uranium in Koongarra
it is AREVA that is pushing very hard for access to the rich Koongarra uranium deposit in the Northern Territory….Australia is already at the centre of the new global nuclear debate.
The French Connection | Hybrid Auto Review – Hybrid Cars, 26 Sept 10, The Herald has an article up about the vultures circling prospective Australian uranium mines – in this particular case the French nuclear industry, Continue reading
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