Uranium mining shareholders unaware of problems
Christina Macpherson 16 Sept 09
Mega uranium is to start operations in Western Australia, with some funding from the WA government
Commenting on this Federal Minister for Resources and Energy, Martin Ferguson, said that Australian was “committed to mining uranium with safe hands and only supplying uranium to countries which use it with safe hands”.
But just how safe is Mega?
Mega Shareholders
Megames, African September 15, 2009
Are the shareholders aware of the loses incurred by the public officers because of negligence :1. US$ 35,000 (LOSS) – Legal Fees – Lost court battle in SA and Mega Uranium subsidiary was liquidated
2. US$ 54,000.00 (LOSS) – Cash in bank – Mega Uranium subsidiary was liquidated
3. US$ 246,000.00 (LOSS) – Drilling Machine – Mega Uranium subsidiary was liquidated
This equates to a loss of more than US$ 335,000.00 LOSS which is a lot less than creditors were owed in SA for which Mega Uranium refused to settle.
So is this the way shareholders funds should be used?
Australian govt to bankroll a nuclear opinion survey
Federal funds to test popular opinion on nuclear power
THE AUSTRALIAN : Jamie Walker | September 11, 2009
THE federal government will fund research to test public opinion on nuclear power, Continue reading
Olympic Dam uranium mine: future uncertain
BHP’s dam dilemma: costs rise
The Age BARRY FITZGERALD September 9, 2009
BHP Billiton’s proposed expansion of the Olympic Dam copper/uranium/gold mine in South Australia’s outback is set to become the most expensive ever, with analysts estimating an all up cost of $US15-$US20 billion ($17.4-$23.2 billion)…… Continue reading
Nuclear power for Australia’s Northern Territory – ridiculous
NT nuclear power idea ridiculous, say greens
THE Territory has “cleaner, cheaper and greener” energy solutions than nuclear power, the Environment Centre said.
NORTHERN TERRITORY NEWS 1 Sept 09
Centre co-ordinator Stuart Blanch said the suggestion by Alice Springs town councillor Murray Stewart a nuclear power station be built in Darwin or Katherine was “ridiculous”. He said the real issue was to develop renewable energy supplies that were as inexpensive as gas. Continue reading
Asbestos and Uranium
Christina Macpherson 3 Sept 09
It’s hard to get your head around the magnitude of the asbestos scandal, world-wide. Phillip Adams covered this very recently, in ABC Radio National’s Late Night Live (podcast available at ABC Radio National – Late Night Live – Home
Matt Peacock’s new book “Killer Company” details the James Hardie asbestos story in Australia. Another author’s new book tells the world-wide, and continuing story of asbestos contamination, corporate cover-up, and huge profits gained by companies which vanish long before they can be held accountable.
Meanwhile, the same process now kicks on, with uranium mining. But with one significant difference. It is actually easy to prove that a person’s nasty, fatal mesothelioma cancer was caused by asbestos. It is difficult to prove that invisible, unsmellable, tasteless radioactivity has caused a person’s nasty fatal cancer.
Hence the uranium mining corporations, and their investors, can relax. Their money will be made long before the scandalous health cost becomes public knowledge.
Review: Uranium, wastes, racism, nuke costs
Review of past week. by Christina Macpherson 2 Sept 09 Australia: Yeelirree uranium mine. W.A govt is not adequately assessing Environmental Review. Ferguson’s continued silence on federal govt’s plans for NT nuclear waste dump, Calls for NT to become “wildly rich” with nuclear power, despite the worldwide decline in commercial nuclear power. UN human rights expert James Anaya criticises Australia’s racist intervention in NT. Capd York aborigines keen for wind farm project. Uranium spot prices stay down.
Internationally: Hanford and other US nuclear fear they’ll become USA’s nuke waste dump. Finland’s Olkiluoto-3 nuclear reactor’s costs skyrocket, as AREVA takes court action against Finnish company. In Africa, nuclear electricity company makes record loss.
Call for Northern Terriitory to get wildly rich , with nuclear power
Alderman calls for NT to host nuclear plant
NORTHERN TERRITORY NEWS, by NIGEL ADLAM
August 28th, 2009
AUSTRALIA’S first nuclear power plant should be built in Darwin or Katherine, a council alderman said yesterday.
Former Alice Springs deputy mayor Murray Stewart said a nuclear plant would make either community wildly rich. Continue reading
Does Australia really have a nuclear future?
Courier Mail By Graham Readfearn
August 26, 2009
TALKING to former nuclear physicist Dr Ziggy Switkowski about nuclear power is akin to having a discussion about an expensive trip to the shops. Continue reading
Flat outlook for uranium spot prices
Australian Mining 26 August 2009 | by Michael Mills
Equity research company Resource Capital Research (RCR) said it is not expecting any significant changes to uranium spot prices in the near term.
The uranium spot price is currently trading at US$47.50 per pound, down 8% from the US$52 three months ago.
At the end of December 2008, the prices were US$52.50 per pound.
…………. The long term contract uranium price is US$65.00 per pound, which is down from US$70 per pound price at December 2008.
http://www.miningaustralia.com.au/Article/Flat-outlook-for-uranium-spot-prices/495758.aspx
Australian nuclear energy company closes down
Rudd’s hostility forces nuclear group to bale out
Sydney Morning Herald Phillip Coorey August 25, 2009SSOME of Australia’s biggest nuclear power advocates have given up the cause, believing Australia has ”missed the boat” on embracing the energy source. Continue reading
Cameco’s Central Australian uranium mine likely to be a dud
A uranium hole in the heart
Green Left Daniel Clarke, Alice Springs 23 August 2009“…………………….Monash University civil engineering lecturer Dr Gavin Mudd said US President Barack Obama’s push for a cut in the world’s nuclear weapons stockpiles would lead to a collapse in uranium prices. Continue reading
Australia targets 20% renewable energy by 2020
Australia targets 20% renewable energy by 2020
Google News (AFP) – 20 August 09
SYDNEY — Australia on Thursday passed a clean energy law requiring the country to produce 20 percent of its power from renewable sources by 2020 in move that could draw billions of dollars of green investment. Continue reading
Nuclear power for Australia? an expensive superstition
Rundle: Who ate all the yellowcake?
Crikey.com by Guy Rundle 19 August 2009
If you think it’s tough to get an incinerator built these days, trying putting a nuclear waste dump anywhere. Voters wouldn’t allow it, not in their backyards. Nuclear power is the defining struggle, around which a new politics is organised. Continue reading
Nuclear salesman Paul Howes got his facts very wrong
Paul Howes’ u-propaganda is radioactive
Crikey.com by Jim Green 18 August 09
Howes falsely claimed that nuclear power is undergoing a “renaissance”. In fact, nuclear power has been stagnant for the past 15 years. Continue reading
Labor violated nuclear waste promise
(Australian) Labor violated nuclear waste promise
ABC News Alice Springs 4 August 09
The Greens have accused the Federal Government of a huge violation of its commitment to repeal legislation forcing a nuclear waste facility on the Northern Territory.Labor made an election promise in 2007 to repeal the Radioactive Waste Management Act and maintains it will happen before next year’s federal election.Greens’ nuclear spokesman Senator Scott Ludlam is in Alice Springs this week discussing nuclear issues with concerned residents.He says the legislation needs to be repealed to take the pressure off people living near the four proposed nuclear waste sites.
“We had a Senate inquiry which I initiated, which came out here and recommended very strongly to the Government that the legislation be repealed in the first half of this year,” he said.”That clearly has not happened.”The [Government] said we will announce a site and then consult, which is in clear breach of the promise that the ALP took to the election.”
ABC Alice Springs – Labor violated nuclear waste promise: Greens
1 This month
of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 