Review: hypocrisy on uranium and nuclear industry
Australia: what a load of hypocrisy is going on. about the Resources Tax! BHP saying that Olympic Dam uranium mine’s expansion is threatened. Of course it is! – By the collapse of the uranium market ! ANSTO forced to admit its safety failures. And, we wait to see if Peter Garrett will be able to promote AREVA’s uranium mining in Koongarra, while he still poses as Minister for Environment
International: hypocrisy as the closing Nuclear Non Proliferation conference promotes the nuclear industry, as pro-nukes suggest nuke bombing the oil spill, as the industry touts new, little, thorium reactors. All in a desperate bid to keep the “peaceful” nuclear industry afloat, as nuclear reactors age and close down, while new ones just aren’t getting built, except in secretive totalitarian states, such as China
Uranium a cancer risk like asbestos, says union
“Corporate interests, and their political supporters in the Labor and Coalition parties, are also trying to buy working families off with high wages, while denying the true short-term and long-term health risks of such jobs.”
‘Uranium is the new asbestos’: union ban on nuclear work, Brisbane Times, May 31, 2010 –
The Electrical Trades Union has banned its members from working in uranium mines, nuclear power stations or any other part of the nuclear fuel cycle.
The union says uranium is the new asbestos in the workplace. Continue reading
Uranium oversupply, and prices way down
Nuclear giants stockpile fuel while price is cheap Times Online, June 1, 2010 Some of the world’s biggest energy companies are stockpiling the nuclear fuel used to power reactors as they try to capitalise on rock-bottom uranium prices.An oversupply of nuclear fuel on international commodity markets has followed five successive years of rapid growth in uranium ore production in Kazakhstan, which has nearly quadrupled its output since 2004.
Raw uranium prices have tumbled to around $40 per pound — almost one quarter of the levels of $140 in 2007……About one third of the world’s total supply of nuclear fuel comes from Russian nuclear weapons that have been decommissioned as part of a disarmament agreement struck with the United States at the end of the Cold War. Nuclear giants stockpile fuel while price is cheap – Times Online
Oil, Gold And Uranium prospects analysed | Uranium Investing News, 1 June 2010, Turning to the uranium market, BA Merrill Lynch suggests the combination of ample supply, aggressive sales from new market entrants and well-covered utility requirements means there is little chance of any spot market tension (upside) this year without any major disruption to production…….buying and holding material becomes attractive at this level when compared to term-escalated contracts. Oil, Gold And Uranium prospects analysed | Uranium Investing News
Uranium Remains Weak FNArena News – June 01 2010 By Chris Shaw Spot uranium has given up some recent gains, leading industry consultant TradeTech to reduce its indicative spot market price another US25c last week to at US$40.50 per pound. The fall reflects aggressive attempts by sellers to motivate buying interest, which is coming via material being offered at lower prices.
Earthquake danger ignored in BHP’s planned Olympic Dam uranium mine expansion
Edward Cranswick, a geophysicist and expert on earthquakes, has warned the South Australian and federal governments of the earthquake danger for the Olympic Dam uranium mine area.
This risk has been ignored in BHP Billiton’s Environmental Impact Statement for its proposed gigantic expansion which would form the world’s biggest mining hole.
The Kalgoorlie Earthquake and the Proposed Olympic Dam Mine Expansion. by Edward Cranswick, 25 May 2010, BHP Billiton has proposed to dig the largest open pit mine on the Earth at Olympic Dam, 4.1 km long, 3.5 km wide, 1 km deep. As a geophysicist who investigated earthquakes for the US Geological Survey for 22 years [1], I strongly criticised BHP’s Olympic Dam Expansion Draft Environmental Impact Statement 2009 (ODXdEIS) [2] because it omitted consideration of seismicity, i.e., rockbursts or earthquakes, caused by open pit mining, despite the fact that seismic hazard is well-known in the Australian mining industry (Hudyma et al. 2003 [3], Kalgoorlie Consolidated Gold Mines (KCGM) [4]).
The recent Kalgoorlie Earthquake emphasises the probability and consequences of these seismic events as mines grow larger and deeper – the ODXdEIS needs to be re-evaluated because it does not address this issue at all. I discuss the connection between mining and seismicity and how it is obscured in Australia, particularly the seismic hazard of the Olympic Dam mine, and I make recommendations about these matters. Read on for the complete submission. Continue reading
3rd degree examines Western Australia’s uranium problems
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The 3rd degree is a community radio show on 2ser 107.3 FM bringing meaningful climate change dialogue to the Sydney airwaves. We’re a crew of people involved in environmental movementsTune In!Listen to the 3rd degree Thursdays 9-9.30am est on 2SER 107.3FM or online here
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Ep.105: Western Australia – the nuclear state?There are several proposed mines being processed at the moment, many on Indigenous homelands. Western Australia also doesn’t have a regulatory framework to deal with the risks of nuclear mining and many community members are concerned about this….. who is exploring where, what is being planned and what does the community say?
the 3rd degree: Ep. 105: Western Australia – the nuclear state?
Campaign to remove BHP’s special legal exemptions for Olympic Dam uranium mine
Friends of the Earth is currently working on a campaign to have the SA Roxby Downs Indenture Act repealed. This legislation allows the mine to operate with wide-ranging exemptions from the Aboriginal Heritage Protection Act, the Environment Protection Act, the Natural Resources Act and the Freedom of Information Act………….
Radioactive Exposure tour at Olympic Dam, The Monitor Newspaper : by Celeste Lustosa, 27 May 2010, The Friends of the Earth conducted their annual Radioactive Exposure Tour from May 14 to 23. As part of this event, they were in the Roxby Downs / Olympic Dam area from Sunday, May 16. Continue reading
Tony Abbott would sell uranium to India
Australia’s Abbott Wants Japan Trade Deal, India Uranium Sale, Bloomberg Business Week By Marion Rae May 25 — Australia will try to clinch a trade deal with Japan, boosting ties with its second-largest trading partner after China, and will sell uranium to India under a Liberal-National government, opposition leader Tony Abbott said..
…The coalition will build a “strong strategic partnership” with Japan, including stronger military links and a conclusion to free trade talks, and will “overturn Labor’s ban on uranium exports,” Abbott said today in a speech to the Asialink-Asia Society forum in Canberra……Rudd’s government doesn’t allow uranium to be sold to India for energy use because the South Asian country hasn’t signed the Nuclear Non-Proliferation Treaty.
That ban will be scrapped, opening a new market for uranium producers such as BHP Billiton Ltd., Energy Resources of Australia Ltd., which is controlled by Rio Tinto Group, and explorers such as Toro Energy Ltd., Abbott said. Australia’s Abbott Wants Japan Trade Deal, India Uranium Sale – BusinessWeek
Review: Kakadu, Israel’s nukes, UK’s muddle
Australia: Doubts on the future of uranium mining are really the result of the financial crisis in Europe. Still BHP, ERA etc grasp the opportunity to blame the Australian govt’s proposed new resources profit tax. BHP plans transporting uranium through W.A. towns. ERA’s uranium mine leaking into Kakadu National Park. Women peace walkers ,- part of Footprints For Peace International, arrive in Canberra. Lucas Heights about to close down old nuclear reactor.
International: Israel in awkward double standards over nuclear weapons. USA’s far right pushing for hawkish nuclear policy. World uranium stockpiling up, as its market in the doldrums. UK’s nuclear policy in a muddle. Marshall Islanders to be sent back to polluted islands.Native Americans fighting new uranium mining. Conflict of interest in USA’s Radiation Health Study
BHP’s dangerous plan to transport uranium through towns
Greens say uranium too risky to transport through towns ABC News (Australian Broadcasting Corporation) May 24, 2010 The Greens say the Western Australian Government should prevent the transport of uranium through all Goldfields towns, as well as Kalgoorlie-Boulder. Mines Minister Norman Moore last week revealed he does not want BHP Billiton to move yellowcake from its planned Yeelirrie mine through Kalgoorlie.The company has indicated it wants to temporarily store yellowcake in the town before it is transported to Adelaide or Darwin. Continue reading
W.A. Mines Minister opposes transport of uranium through Kalgoorlie
Moore opposes yellowcake through Kalgoorlie, ABC News (Australian Broadcasting Corporation, 21 May 2010 The Mines Minister, Norman Moore, says he does not support the transport of uranium through Kalgoorlie-Boulder. Continue reading
Don’t be snowed by BHP’s blah on Resources Super Profit Tax
Miners strangely silent on the billions they reap in tax credits, Sydney Morning Herald, CHARLES BERGER, May 11, 2010 “………….If the government’s proposal can be criticised at all, it is that it doesn’t go far enough. More of the existing fossil fuel subsidies should be dismantled, as recommended by the Henry review (and as Australia has committed to the G20 to do).
And the government plans to return far too much of the revenue raised by the resources tax to the mining industry in the form of additional exploration rebates and mining industry infrastructure, when we should be using the additional revenue to help us build a clean, sustainable economy, including investment in renewable energy and clean transport.
So don’t be snowed by the big miners’ shrieks about sovereign risk driving them out of Australia. The biggest risk is that we continue to subsidise mining operations that aren’t paying a fair return for their use of public resources and taxpayer dollars…… Miners strangely silent on the billions they reap in tax credits
Methinks the uranium corporations do protest too much
Australia’s media is awash with the anger of BHP Billiton and other uranium miners, (even weird little Cauldron Energy), about the government’s super profit resources tax. Their threat is to wind down uranium mining, leave Australia etc.
But uranium mining is winding down anyway. BHP Billiton’s Grat Big New Mine is far from happening, as Olympic Dam still producing about a quarter capacity, with a damaged main shaft.
Recent Nuclear Non Proliferation arrangements mean that countries can get nuclear fuel from old nuclear weapons (no uranium mining needed for that). And the famous Nuclear Resuscitation (sorry, did I mean Renaissance?) – is not really happening.
And – it’s rude to mention this – but just one nuclear mishap like the current oil mishaps, and nuclear power is dead in the water forever.
Super profit resources tax – a reasonable thing in super profit times
10 years ago $1 in every $3 of profit was returned to Australians from rental on a non-renewable resource. Today it is $1 in $7.Profit based taxation does work.
The extraordinary mining tax, CairnsBlog.net, Jan McLucas , 12 May 2010, “……”Royalty and excises are based on volume or value and they do not rise with profits. It is important to remember that in 2008-09 the resource sector generated close to $90 billion of superprofits. Continue reading
BHP blaming govt for uncertain future of uranium mining
he told an uranium summit in Perth that the project was “under review”,
BHP says Western Australia uranium project ‘under review’ Mining Weekly Esmarie Swanepoel 11th May 2010 Continue reading
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………. Continue reading









