WA stock values fall in January WA Business News Finance: 17-February-
Berkeley Resources announced it had terminated its head of agreements signed in March 2006 with French nuclear power group Areva NC. In doing so, any rights previously granted to Areva for off-take or marketing of uranium production from Berkeley’s projects have been terminated with immediate effect,….
Archive for February, 2010
Areva now out of one Australian uranium project
February 18, 2010Gloomy outlook for uranium mining shares
February 17, 2010Spot Uranium Remains Under Pressure SHARECAFE BY RUDI FILAPEK-VANDYCK – 17/02/2010Investors and uranium market enthusiasts may want to pay attention as two stockbrokers in Australia used last week’s somewhat disappointing results release by Paladin Energy (PDN) to reiterate their negative view both for uranium companies and for the short term outlook for spot U3O8 prices. (more…)
Losses to uranium company
February 17, 2010First Uranium posts Q3 loss on higher costs, forex loss Feb 16 (Reuters) - First Uranium Corp (FIU.TO) posted a quarterly loss, hurt by higher corporate expenses and a $7.4 million foreign currency loss.
For the third quarter ended Dec. 31, the company reported loss of $14.4 million, or 9 cents a share, compared with a profit of $1.3 million, or 1 cent a share, a year ago……… In January, South African authorities withdrew environmental authorization for a new tailings storage facility at First Uranium’s key Mine Waste Solutions tailings recovery project.
UPDATE 1-First Uranium posts Q3 loss on higher costs, forex loss | Reuters
New Zealand P.M devious about his uranium mining shares
February 17, 2010Key’s uranium mining interests The Standard By: Marty G February 16th, 2010 - There’s a few things about Key’s story regarding his shares in Jackson Mining that don’t stack up. First, he says Jackson Mining was just an Aussie gold mining company when he bought them and that they didn’t get involved in uranium until a merger that saw become part of a company with uranium mines in South America. But Jackson mining was already involved in uranium exploration in South America before that merger when Key listed his interest in the company last year. Second,
………..Jackson Company has significant interests in mining uranium in Australia and Argentina, in the new guise of the company which is called Cauldron. ……..Key’s government continues with its moves to open up the conversation estate to Australian mining interests.
Effects of uranium mining on indigenous communities
February 17, 2010Déline is known as the “village of widows’ because most of the men who worked as labourers in the mines have died of some form of cancer.
The impacts of uranium mining on indigenous communities.-Peace, Earth and Justice News Heather Tufts February 13, 2010 - “….. Uranium mining speculation lacks comprehensive health and safety regulations while the ethics of Canadian exported uranium, which can lead to depleted uranium used in zones of war, needs greater scrutiny. (more…)
Depleted uranium bombs the subject of lawsuit
February 17, 2010Iraq to sue US, Britain over depleted uranium bombs Pakistan Defence Forum 12 Feb 2010 Iraq’s Ministry for Human Rights will file a lawsuit against Britain and the US over their use of depleted uranium bombs in Iraq, an Iraqi minister says. (more…)
Uranium mining may be a threat to town’s water
February 17, 2010Uranium mine’s future depends on water supply ABC Rural News , 09/02/2010 The project manager for uranium exploration at the Angela Pamela deposit, 25 kilometres south of Alice Springs, says mining will only go ahead if the company can prove that it won’t harm the town’s water supply.
The Angela Pamela exploration site lies close to the aquifer that supplies the town with water. (more…)
Radioactive water leaking from Ranger uranium mine
February 17, 2010Uranium mine leak ‘5400 times normal level’ - ABC News (Australian Broadcasting Corporation) By Emma Masters Feb 9, 2010 Contaminated water seeping from a mine in Kakadu National Park has a uranium concentration more than 5,000 times the normal level, a Senate estimates committee has heard. (more…)
Iran defiantly ramps up uranium enrichment
February 12, 2010Iran defies West and cranks up uranium work Sydney Morning Herald February 10, 2010
The US has begun circulating ideas for possible sanctions among its closest allies on the UN Security Council and is hoping Tehran’s announcement will convince China that its real purpose is to create a weapon, not the civilian use of nuclear energy.
Calling Iran’s move provocative, a senior US official said the decision to enrich to 20 per cent, if carried out, would suggest that Iran’s ”intentions are not as they stated”………….
Uranium mining company broke environmental law
February 12, 2010Business Report – Web: State finds First Uranium broke the law February 8, 2010By Asha Speckman First Uranium’s application for an environmental authorisation licence was withdrawn because it had contravened law and begun development of its minewaste tailings processing facility at its Ezulwini mine near Potchefstroom without proper approval. (more…)
