South Australian govt not keen to extend Olympic Dam agreement. BHP tightlipped
No extension offer to BHP – Weatherill. Christopher Russell The Advertiser August 01, 2012 PREMIER Jay Weatherill has rejected suggestions the State Government has offered to grant BHP Billiton an extension to the
indenture agreement on the Olympic Dam project.
Reacting to interstate reports that the Government was offering BHP an olive branch and was willing to “entertain” an extension, Mr Weatherill said he had been misinterpreted.
The Government’s position had consistently been that it wanted BHP Billiton to make a decision by the December 15 expiry date of the indenture agreement….. “There has been no proposition advanced to us that would justify an extension of the 12-month period at this time.”
This is consistent with Resources and Energy Minister Tom Koutsantonis who has previously stated the Government would be reluctant to grant an extension… Despite outside speculation, BHP Billiton has said again this week that no decision has been made on the Olympic Dam project.
Its Adelaide office continues to work on a proposal to present to the BHP Billiton board.
http://www.adelaidenow.com.au/no-extension-offer-to-bhp-weatherill/story-e6frea6u-1226440162081
Port Augusta, South Australia, encouraged by government interest in solar thermal energy
Minister on solar thermal fact-finding tour http://www.abc.net.au/news/2012-08-02/minister-on-solar-thermal-fact-finding-tour/4171960 August 02, 2012 South Australia’s Mineral Resources and Energy Minister, Tom Koutsantonis, will travel to Nevada to research the viability of solar thermal energy. The Minister met solar thermal lobbyists and local government representatives in Port Augusta yesterday. He was given documentation showing the community’s support for the local power stations to be converted to the renewable source.
Mr Koutsantonis says the trip to the United States is to explore and clarify details of solar thermal energy. “We understand gas power generation, we understand coal power generation, we understand wind – in terms of renewable energy we’re
basically the epicentre of Australia,” he said. “If South Australia was a country in its own right we would be number
two in the world for renewable energy.”
Mr Koutsantonis says he is willing to lobby the Federal Government and Alinta Energy to invest in solar thermal.
Port Augusta Mayor Joy Baluch says she is pleased the State Government is supporting a conversion to solar thermal energy for local power stations and is learning more about how the technology works.
“Our conversation has been extremely encouraging to the fact that the Minister is going to Nevada personally to check out the existing and operating solar thermal plant,” she said.
180,000 homes to be powered by Snowtown wind farm, (South Australia)
Siemens and TrustPower to build largest wind farm in South Australia, PACE, 3 August, 2012 Kevin Gomez, TrustPower has appointed Siemens as their turn-key supplier to construct South Australia’s largest wind farm at Snowtown using for the first time in Australia, gearless drive wind turbine technology.
With the project formally reaching financial close, the Snowtown II wind farm development will be capable of generating 270 megawatts of renewable energy and powering approximately 180,000 South Australian homes……. South Australia has now set a target of 33 per cent renewable energy by 2020. The new Snowtown II wind farm is set to help achieve this target.
Snowtown II is co-located with the existing Snowtown wind farm, which will more than triple the renewable energy generation of the region. Early preparations have commenced at the site with construction commencing inAugust 2012 to ensure the project is fully operational by the end of 2014…. http://www.pacetoday.com.au/news/siemens-and-trustpower-to-build-largest-wind-farm
A reminder of the disgraceful history of Beverley uranium mine in South Australia
police brutality against environmentalists and local Aboriginal people. An online video clip details this brutality. Heathgate applauded the police action (in a 2000 media release which is no longer available online). After a 10-year legal case, 10 people were awarded a total of $700,000 damages.
. At least 59 spills have been documented at the mine. The company sells uranium to nuclear weapons states (all of which are in breach of their disarmament obligations under the Nuclear Non-Proliferation Treaty),
A refresher on who’s behind one of our uranium mines, Jim Green, The Punch, 2 Aug 2012http://www.thepunch.com.au/articles/a-refresher-on-whos-behind-one-of-our-uranium-mines The story behind the corporation that owns the Beverley uranium mine in north-east South Australia is scarcely believable.
Heathgate Resources − a 100 per cent-owned subsidiary of General Atomics (GA) − owns and operates Beverley and has a stake in the adjacent Beverley Four Mile mine. Over the years GA CEO Neal Blue has had commercial interests in oil, Predator drones, uranium mining and nuclear reactors, cocoa, bananas and real estate. Continue reading
Investment funds applaud BHP’s decision to shelve Olympic Dam uranium mine expansion
factors hampering BHP’s ability to build massive expansion projects like Olympic Dam.
Shelving projects ‘a wise move for miners’ THE AUSTRALIAN, BY: MATT CHAMBERS AND BARRY FITZGERALD July 30, 2012 THE nation’s biggest listed investment fund and one of BHP Billiton’s top shareholders has applauded moves by big miners to shelve Australian projects because of high costs and sliding commodity prices.
Over the weekend, the most likely of Australia’s next big uranium developments, the Kintyre project in the Great Sandy desert, became the latest victim after being hit by sluggish prices for the nuclear fuel and Western Australia’s heated construction market.
The shelving of Kintyre, by Canada’s Cameco, came as The Weekend Australian revealed BHP had told outsiders of a two-year delay on a $30 billion decision due this year on expanding the Olympic Dam copper and uranium mine in South Australia’s outback.
Australian Foundation Investment Co managing director Ross Barker said the time of huge profits from very high commodities prices appeared to be coming to an end, Continue reading
BHP delays for 2 years decision on whether or not to go ahead with new Olympic Dam uranium mine
Olympic Dam threat as BHP puts brakes on
BY: SARAH MARTIN, SA POLITICAL REPORTER The Australian July 28, 2012 “,,,,,,Documents obtained by The Weekend Australian show the company has informed outsiders that a decision to proceed with the project – spruiked by federal and state Labor governments as key to South Australia’s economic future – will be delayed by two years……The expansion would make Olympic Dam the world’s largest uranium mine,,,,,the strongest indication yet that the project will not receive board approval before the end of the year, meaning the company will fail to meet the government’s December 8 deadline and its indenture agreement will lapse…… The potential delay for the project comes as the South Australian government has recently softened its commentary on the importance of the mine expansion to the state’s economy. Treasurer Jack Snelling last week told The Australian that the mine expansion was never going to be a “cash cow” for government coffers….” http://www.theaustralian.com.au/national-affairs/olympic-dam-threat-as-bhp-puts-brakes-on/story-fn59niix-1226437208652
South Australian government not affected if BHP’s Olympic Dam expansion doesn’t go ahead
“Olympic Dam doesn’t have any significant revenue for the state government,” “Olympic Dam is never going to be some sort of cash cow for the state government
Olympic Dam no cash cow for state, says Jack Snelling THE AUSTRALIAN, BY: SARAH MARTIN July 25, 2012 BHP Billiton’s $30 billion Olympic Dam mine expansion will have no revenue implications for the South Australian government, Treasurer Jack Snelling says.
In comments far removed from earlier claims that the mega-project would transform the state, Mr Snelling said the budget would not be affected if the project did not go ahead. Continue reading
Contractor lays off Olympic Dam workers, in view of doubts on its future
BHP reviews contractors, staff amid project uncertainty Business Spectator, 24 Jul 2012 In the latest sign that BHP Billiton Ltd may not approve the expansion of its Olympic Dam copper-uranium mine in South Australia later this year, the miner is conducting a review of contractors and staff across its mining mega-projects, looking for potential cost-saving cuts, according to The Australian Financial Review.
In the wake of BHP’s indication recently that it may not approve its three mining mega-projects before December, the company in charge of conducting a feasibility study on the $US20 billion-plus Olympic Dam project laid off several workers last week after its contract expired, according to the AFR.
The company, Jacobs Engineering, made the layoffs on the basis that it could not justify the staffing levels unless BHP’s board approved the project….. If the BHP board fails to approve the Olympic Dam project by December 15 the South Australian government will have the right to allow an indenture agreement setting royalty rates for 45 years to lapse. … http://www.businessspectator.com.au/bs.nsf/Article/BHP-reviews-contractors-staff-amid-project-uncerta-pd20120723-WGLXZ?OpenDocument&src=hp10&WELCOME=AUTHENTICATED%20REMEMBER
Olympic Dam expansion in doubt, say South Australian Liberals
SA Libs say Olympic Dam in doubt THE AUSTRALIAN AAP July 25, 2012 A DECLINING world economy may force BHP Billiton to delay a $30 billion expansion of the Olympic Dam copper and uranium mine in South Australia, the state opposition says. Mineral Resources spokesman Mitch Williams says there is growing evidence world economic woes will prompt the company to delay the project, including an Access Economics report which points to the mining boom finishing in two years.
“There is a strong chance now that the expansion won’t go ahead next year as BHP Billiton puts the brakes on its global investments, especially long-term ones like Olympic Dam,” Mr Williams said in a statement on Wednesday.
BHP Billiton has until the end of the year to finally approve the expansion or face the need to renegotiate approvals with the state government…. http://www.theaustralian.com.au/news/breaking-news/sa-libs-say-olympic-dam-in-doubt/story-fn3dxiwe-1226434685135
Tiny attendance at Dr Helen Caldicott’s Roxby Down talk, as BHP Billiton films the meeting
BHPB felt the meeting enough of a threat they sent their own film crew -57 Films- to record the full event. Somewhat sheepish when Helen challenged them as to why working for BHPB.
Dr Caldicott was outraged at what she saw with the heavy hand of the SA cops, demanding full names and addresses from protestors leaving the camp, not only the driver. Data base for ‘troublemakers’ into the future for the cops?
David Bradbury 24 July 12, If you look at the numbers you’d be very disappointed with the fruits of
our labour and cost in taking Dr Helen Caldicott to Roxby. But some things are not messured by numbers alone. The seeds must be sown and you never know when the harvest will come. Or that you will be rewarded to see the harvest on yr time. You can only do yr bit with the best intregrity and listen to the voice of guidance that comes from Spirit.
Maximum number of miners and wives there:15. Three bubs. Continue reading
Protesting BHP’s Olympic Dam – its special privileges, water guzzling, uranium to Fukushima
Mythical lizard haunts Australian uranium extractors Infoshop News, July 22 2012 Anti-nuclear protesters camping at what they describe as “the gates of hell” — that is, on the edge of BHP Billiton’s Olympic Dam uranium mine in the desert of South Australia — decided to play a game of cricket on Tuesday, July 17, in order to publicize their message: Uranium isn’t Australian.
“It’s just not cricket,” they chanted, “and that’s why we picket.”
by Peter Rugh Waging Nonviolence “…….There’s no room for nature’s business in the uranium business. That’s why BHP is digging into the belly of Kalta, the sleeping lizard who, according to aboriginal legend, lives under the rocks at Olympic Dam. BHP is sucking yellow uranium poison out of Kalta’s belly and feeding it to nuclear reactors around the world.
It already takes about 9 million gallons of water a day to wash all that poison down the throats of global markets — water sucked out at no cost to BHP from the region’s only reliable freshwater source, the Great Artesian Basin. But the Melbourne-based multinational plans to expand its mining operations at Olympic from an area of about 1,700 square miles to a terrain roughly eight times that size. The $30 billion expansion would make Olympic Dam at Roxby Downs the world’s largest open-pit mine.
An additional 53 gallons of water a day will be used up should mining at Olympic expand. The amount of diesel required to extract and transport BHP’s uranium would cause South Australia’s greenhouse gas emissions to skyrocket by 12 percent.
Olympic currently operates under the Roxby Downs Indenture Act of 1982, which granted BHP exemptions from laws covering native sovereignty, public disclosure, environmental impact and water preservation. The Indenture Act was amended in 2011 , when BHP began scouting out more land. Critics say the law is essentially a contract between BHP and the South Australian government for the corporation to do what it likes.
Meanwhile, the effects of BHP’s mining are felt far beyond the Outback. Approximately 4,400 tons of Australian uranium per year are used to feed aging reactors in the United States, which jeopardize the civilian population centers that they surround . A major portion of the stuff comes from BHP. The company is to Australia’s uranium industry what Nirvana was to grunge; they’ve cornered the market…..
Prior to the Fukushima disaster , Japan — after the United States and the European Union — was Australia’s third best uranium customer, importing nearly 2,700 tons a year. The uranium fuel pellets that melted down three reactor cores at Fukushima on March 11 of last year were from Olympic Dam.
Dr. Jim Green, an anti-nuclear campaigner with Friends of the Earth Australia, accuses BHP of turning a blind eye to fraud and safety problems in Japan’s nuclear industry in the run-up to the meltdowns. Despite widespread documentation of data falsification and safety breaches, he says BHP continued to peddle its toxic product to the quake-prone nation in the run up to the Fukushima meltdowns…. http://news.infoshop.org/article.php?story=20120722092133582
Lizard’s revenge: The South Australian government ignores its founding document
The uranium mine is in Kokotha country, but its impact crosses into Arabunna country to extract water for the mining. The Olympic mine expansion crosses the Mashers Faultline* itself, where there is a calculated risk of mining induced earthquakes of severe magnitude.
Lizard’s revenge: The South Australian government ignores its founding document, the Letters Patent from Britain, as though it never existed
Lismore, NSW, 18 July 2012 — The recent demonstrations against expansion of the BHP Roxby Downs uranium mine in South Australia, led by Arabunna Elder, Kevin Buzzacott, highlight how governments and mining companies ignore and completely override the sovereign rights and human rights of First Nations Peoples, writes sovereignty activist, Michael Anderson.
The last survivor of the four founders of the Aboriginal Embassy in Canberra writes: “The ongoing catastrophe of the Fukushima meltdown in Japan is fresh in our minds and the previous disaster of Chernobyl in the Ukraine still haunts us, but governments are ignoring the warnings and, instead, appear beholden to mining industry, in particular the uranium industry.”
Mr Anderson is the National Coordinator of the interim National Unity Government of the ‘Sovereign Union’, launched at the 40th anniversary of the embassy in January.
He charges that the South Australian government ignores its founding document, the Letters Patent from Britain, as though it never existed. Continue reading
Protest continues at Olympic Dam uranium mine: 5 more arrests
Protests flare again at Olympic Dam news.com.au 19 July 12, FIVE people have been arrested after renewed protest action at the Olympic Dam uranium and copper mine in South Australia’s north.
The arrests on Thursday brought to 18 the number of people taken into police custody since about 350 anti-nuclear activists converged on the area on Saturday.
The official protest was scheduled to conclude on Wednesday but up to 100 people remained in the area. Police said about 40 people blocked Olympic Way, just south of the declared protected area, on Thursday morning. They pushed a car onto the road, let down its tyres and locked the steering.
The action forced a truck to stop on the road and two men then chained themselves to the underside. They were arrested and charged with illegal interference. Three other people were charged with refusing to follow police direction.
BHP tightlipped about whether or not the big new Olympic Dam uranium mine will actually go ahead
For all the hype about its planned “biggest uranium mine in the world” at Olympic Dam, BHP is experiencing some jitters, as shareholders are not so keen on seeing the company blow $30 billion on this behemoth, before there’s a sign of any profit from this geewhiz dream of CEO Marius Kloppers.
BHP Seeks Friends in Volatile Times, Wall Street Journal, 19 July 12“…..fuel for volatility in BHP’s shares is the question of BHP’s spending discipline. Commonwealth Bank has said it remains concerned by the company’s capital allocation policy, and believes the market would rather see windfall cashflow returned to shareholders via dividends or share buybacks…
BHP has declined to comment on the progress of the multibillion dollar projects, including the expansion of the OlympicDam copper-uranium mine in South Australia …“Cuts to capex [capital expenditure] and growth profile are…likely if commodity prices weaken further than expected,” Citi analysts said.
Lizard’s revenge – David Bradbury’s daily notes on Olympic Dam anti uranium protest
I am a physician to the people, but you (the protestors at the Lizard’s Revenge camp site) 
you are physicians to a dying planet – Dr Helen Caldicott.
From David Bradbury 19 July Benny got out last night to round of applause. Fire ceremony with Uncle Kevin thanking everyone for coming.
Iris just been arrested. Going into Roxby lockup now.
Racing to protest camp. Got call just now that somehow the Lizard vehicle they wouldn’t let us take on road three days ago is on the road to mine. Cops will be pissed.
From David Bradbury 18 July Helen addresses the camp this last day. Sitting next to Uncle Kevin she said how the Lizards Revenge has inspired people all around Oz in our fight to save a dying planet. Very inspiring exchange here just now.
From David Bradbury 18 July The big day has arrived for us! Helen Caldicott is in flight as we speak headed for Roxby. We’ll pick her up midday and straight to the town meeting. Starts 1pm. Hard to know how it will go. Definitely a buzz in this town of 3-4,000 about her coming. One gets a sense some will come as result of watching When the Dust Settles. And Helen’s street cred, though many have never heard of her. Others cannot afford in their terms to hear the truth. It will cost them too much to throw in their jobs and move out.
And it’s likely the company will send its spies there to note who attends as they’ve done in the past. Roxby is a small town where everybody knows each other. Those arrested who do not want to live upto the stringent bail conditions eg stay
indefinitely away from the protest, have been shipped off to Port Augusta 270kms away and kept in the cells overnight. They will face court today. They include long term activist Benny Zables, the Masked Radiation Man. Continue reading
1 This month
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