The truth about uranium market’s poor prospects
Uranium Prices Have `Limited Upside’ With Market in Surplus, CRU Forecasts, Bloomberg, By Anna Stablum – Jul 21, 2010 Uranium supplies will exceed demand through 2012 and there is “limited upside” to prices for at least six months, London-based research company CRU said. Continue reading
Big Oil Disaster would be minor compared to Big Nuclear Disaster
Contrary to the nuclear industry’s propaganda, nuclear power is therefore not green and it is certainly not clean” and stands, as it has since the 1950′s as the most environmentally dangerous of all possible energy sources
Big Nuke Power = Big Potential for Disasters, OpEdNews, by mahdi ibn-ziyad, 20 July 2010, Imagine what a nuke facility disaster of like magnitude would do to whole regions of the US. The awful immediate and long term terrorunleashed on the environment, including us humans ,is almost unimaginable. Certainly, an end of the world, apocalyptic scenario would unfound and engulf us all in one way or another Continue reading
Australia’s Greens tell it like it is on Uranium, Nuclear Industry
Greens step up anti-uranium mining campaign, 21st July 2010, Australian Greens Senator Scott Ludlam will deliver a straightforward message to uranium miners and investors at the Australian Uranium Summit in Fremantle today
“The industry remains unsafe, unwanted and uneconomic. Pursuing investments in this least sustainable of industries will end in tears,” Senator Ludlam said. Continue reading
The nuclear fuel cycle and Climate Change
“When the Dust Settles” can now be viewed on You Tube
A final word on climate change | Coober Pedy Regional Times July 17, 2010 The ETU does not accept the argument that nuclear energy is an answer to the harmful impact on the world’s climate of burning fossil fuels.
Mr Simpson said you do not solve one problem by creating another, more dangerous one.
“How can anyone credibly argue that the answer to global warming or atmospheric pollution is to significantly increase the risk of people getting cancer or them giving birth to deformed babies? Continue reading
World’s biggest uranium hole, BHP’s Olympic Dam. in doubt
“we are hearing from engineering circles that BHP has gone cold on the project. And it’s my gut feeling that the enthusiasm isn’t quite there any more.” – shadow mining minister Mitch Williams
Hole lot of trouble for BHP – The Independent Weekly, KEVIN NAUGHTON, 17 Jul, 2010 BHP Billiton’s Clark Shaft at Olympic Dam is set to return to full production, ending a nine-month lull in copper and uranium output.
But the news comes as speculation again surfaces about the company’s long-term plans for the mine…….
Deregulation of nuclear reactors increases risk of catastrophe
Federal lawmakers are weighing a BP-type deregulation of new nuclear reactors — the one energy source in which damage from a major accident could dwarf harm done by a ruptured offshore oil well.
Lessons from the Gulf for nuclear reactors – The Hill, By Dr. Jeffery Patterson, 07/16/10 One crucial lesson from the BP oil spill is that measures to speed licensing, cut corners on safety and undermine regulation can lead to tragic consequences. Yet Congress appears on the verge of repeating mistakes that led to the environmental catastrophe in the Gulf. Continue reading
Pro nuclear propaganda from Silex Systems
any investor who survived the tech boom and bust of the late 1990s would be wary of grandiose technology claims.
It is therefore mollifying that Silex’s local solar operations are also on a growth path, albeit with only a fraction of the nuclear side’s dazzling (?) potential…….
RBS Morgans analyst Scott Power says solar accounts for less than 10 per cent of the firm’s Silex valuation.
Silex Systems opts for solar exposure Tim Boreham : The Australian * July 17, 2010 WITH the climate-change debate winding its way back on the political agenda, the Lucas Heights-based Silex Systems is hedging its bets. Continue reading
Free DVD on uranium mining danger to Australia’s workers
“When the dust settles” – a David Bradbury film If anyone wants a free copy of the dvd, all they have to do is send $5 bucks (postage costs) in an envelope to
PO Box 1250 Mullumbimby
NSW 2482 for a copy.
Or they they can go online and check it out for free (less quality) on youtube
at: http://www.youtube.com/watch?v=aSScncD3Ark
Northern Territory’s increased rainfall pattern hampering uranium mining
unstable pit wall conditions and the high rainfall level are considered to be the major factors affecting the decline of production volumes by the ERA.
Rainfalls hamper Uranium mine efficiency in Australia | Seer Press, 16 July 2010, Energy Resources of Australia (ERA) admits the high rainfall levels coupled with a slip of a pit wall have significantly hampered their production capacity Continue reading
Germany to get euro billions from nuclear fuel tax
Revenue from the tax would help Germany cut its budget deficit and finance the clean-up of its repositories for nuclear waste.
German nuclear tax to raise 2.3 bln eur-draft law BERLIN, July 15 (Reuters) – The proposed German tax on nuclear power station operators would likely raise 2.3 billion euros annually between 2011 and 2014, a finance ministry draft law obtained by Reuters said.Nuclear power station operators will face a levy of 220 euros per gramme of nuclear fuel (uranium or plutonium)…… Continue reading
Iranian nuclear scientist might have been double agent
Was Iranian Nuclear Scientist a Double Agent? | The Atlantic Wire, By Max Fisher July 15, 2010, Alleged Iranian nuclear scientist Shahram Amiri has returned to Iran after 13 months in the U.S. It’s still unclear what happened during his stay and why he returned home. We may never know the full truth, but several new reports point to the possibility that he was an Iranian double agent all along. Under this theory, Amiri would have faked his defection to the U.S. (or allowed himself to be abducted, depending on whose story you believe), where he either fed the U.S. false information or acquired information to send back to Iran or both. Here’s what we know……. Was Iranian Nuclear Scientist a Double Agent? | The Atlantic Wire
USA-Australia Nuclear Co-operation Agreement
Does the Australian public know anything about this?
If not opposed by a joint resolution of disapproval or other legislation, then the agreement will be considered approved at the end of this time period.
U.S.-Australia Civilian Nuclear Cooperation: Issues for Congress, East Asia: , 14 July 2010, Mary Beth Nikitin, Bruce Vaughn Australia and the United States have cooperated in the peaceful use of nuclear energy since the mid-1950s. The framework for this cooperation is a civilian nuclear cooperation agreement as required by section 123 of the Atomic Energy Act. President Obama transmitted the proposed text of the latest renewal agreement to Congress on May 5, 2010, Continue reading
Australia’s uranium not looking like a good investment
Uranium Struggles FNArena News – July 13 2010 By Greg Peel “……..Given uranium being “out of favour” in Citi’s eyes, the broker last week downgraded its earnings forecasts for Australia’s two major pure-play uranium producers, Paladin Energy (PDN) and Energy Resources of Australia ((ERA)). Citi suggests the uranium market looks adequately supplied for now.
Paladin copped a 40% earnings forecast reduction in FY11-12 due to lower than expected spot prices and higher than expected costs, leading to a target price reduction from $5.40 to $4.40 (FNArena consensus $4.09). ERA’s cut is only 6-9% in FY11-12 given the offsetting drop in the Aussie dollar, but Citi’s target falls from $23.30 to $15.10 (consensus $16.92).
Nuclear industry’s poor outlook – latest International Energy Agency Report
the nuclear scenario remains much the same as it was two years ago………..On the whole the 2010 Energy Technology Perspectives brings bad news for the nuclear industry
Bad news for nuclear in the International Energy Agency’s Energy Technology Perspectives report | Greenpeace International, 14 July 2010, Every two years the International Energy Agency, the ‘intergovernmental organisation which acts as energy policy advisor to 28 member countries in their effort to ensure reliable, affordable and clean energy for their citizens’, releases its Energy Technology Perspectives report. Continue reading
Big Mining’s removal of Rudd may cost them backlash
Julia Gillard’s quick fix essentially gave the big miners open slather to rewrite the new tax to suit themselves……Both BHP and Rio Tinto have acted entirely logically and within the law by attempting to minimise their tax and maximise their profits for shareholders. But the win in Australia, with their very public display of power, may cost them dearly elsewhere.
Big-talking giants may come down with a thud, Sydney Morning Herald, Ian Verrender, July 13, 2010 f the European Union had reservations about the iron ore tie-up between the mining giants BHP Billiton and Rio Tinto, it no doubt would have been stunned by Tom Albanese’s extraordinary remarks in London last week…….. Continue reading
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 