China makes power play for uranium
The Age BARRY FITZGERALD AND MATHEW MURP 9 Sept 09

A BEIJING directive to its mushrooming nuclear power industry to step up the acquisition of strategic uranium supplies has led to an agreed $85 million takeover bid for Energy Metals, the main partner in the Northern Territory Bigrlyi uranium deposit. Continue reading →

Olympic Dam opponents willing to sacrifice dividends
ABC News 27 Aug 09

A group of BHP Billiton shareholders who oppose the expansion of the Olympic Dam mine say they would rather forego any dividends from the project than see the environment damaged.

The BHP Shareholders for Social Responsibility group is made up of long-term shareholders from across the nation.

In a submission to BHP Billiton’s draft environmental impact statement, the group’s convener, John Poppins, says among other concerns, there is too much uncertainty about the impact on the local estuary of locating a desalination plant at Point Lowly.

Mr Poppins says BHP has no rectification plan if damage occurs and while shareholders stand to benefit from the expansion, it is a short-term view.

“Some shareholders are of the view that we can forego some of our dividends by looking to do things better environmentally or socially,” he said.

He says the mine will create a poisonous legacy for the future.

Olympic Dam opponents willing to sacrifice dividends – ABC News (Australian Broadcasting Corporation)