Archive for August, 2011

Truth about depleted uranium weapons revealed on film

August 14, 2011

Uranio 238 on Youtube:

Part 1: http://www.youtube.com/watch?v=3EUp5j1481g
Part 2: http://www.youtube.com/watch?v=lNgZs1lyuGQ
Part 3: http://www.youtube.com/watch?v=AZ4h6IeCalo
Part 4: http://www.youtube.com/watch?v=9uodiHzrefI

Depleted uranium documentary wins best short at International Uranium Film Festival, International Coalition to Ban Uranium Weapons, 12 Aug 11, Costa Rican production: URANIUM 238 – The Pentagon´s Dirty Pool wins best short film category of the First International Uranium Film Festival  2011 in Rio de Janeiro, Brazil.

The documentary URANIO 238 – The Pentagon´s Dirty Pool, produced by Pablo Ortega, won the prize for best short documentary in the Uranium Film Festival, which took place May 22 to 28 in Rio de Janeiro, Brasil. URANIO 238 had also won best documentary in the Costa Rican Movie and Video Festival in 2009.

Thirty four international productions surrounding the nuclear fuel chain were chosen by a jury and were shown in two theaters in the beautiful suburb of Santa Teresa. More than a thousand people had the opportunity to view documentaries and films produced in Brazil, India, Australia, the Netherlands, UK, Costa Rica, Germany, Denmark, Sweden, Russia, the United States, Japan, South Africa and other countries, where organizations and filmakers are speaking out against the risks and dangers associated with the nuclear industry.

URANIO 238, produced for the San José Quaker Peace Center, has a duration of 28 minutes, and analizes the impact on the health of civilians and military personnel from the use of depleted uranium, which is currently used in conventional weapons. “Through interviews with soldiers and activists, the documentary explores the health risks when this material is ingested or inhaled by people in war zones or test areas,” Ortega explained……
“Used in 1991 in the first Gulf War, the Balkans conflict, and later on in the second invasion of Iraq, this dangerous toxic and radioactive waste is associated with alarming rises in cancer rates, infant malformations and other health effects among civilian populations in war zones and soldiers who are deployed in these wars or live next to DU testing sites,” according to Damacio Lopez of IDUST….
This documentary is part of a worldwide campaign to ban the use of uranium weapons in wars. The International Coalition to Ban Uranium Weapons (ICBUW) is a global network which seeks an international treaty banning DU weapons world wide. As part of these efforts, peace activists recently celebrated on April 28th 2011, the passing by the Legislature of Costa Rica, of a reform to Costa Rica´s Arms Law, banning the use, manufacture, transit, production and distribution of uranium weapons.
…..

Those present in Brazil would agree with the words of Norbert Suchanek, General Director of the Film Festival, “This International Film Festival is not only about screening films it is about making friends”. These friends will carry these films to as many places as possible to spread the facts about the risks associated with the nuclear industry.

The festival team invites film makers and film enthusiasts around the world to participate in the Second International Uranium Film Festival, to be held May-June 2012 in Rio during the United Nations Conference Rio Plus 20.

Deal for Australia to take back wastes, selling uranium to UAE?

August 14, 2011
The US, the UK, Australia and Japan – along with France and South Korea – are the nations that have signed nuclear cooperation agreements with the UAE that will provide the legal foundation for knowledge transfer or supply sales…..
Australia, which has 40 per cent of the world’s known uranium reserves, has been most vocal about its desire to make the UAE its customer…..
Australia’s foreign minister, Kevin Rudd, visited Abu Dhabi in March to announce his country’s hopes for a bilateral uranium trade agreement
Clamour to supply UAE nuclear needsApril Yee, The National, Aug 12, 2011 ”……The UAE is in talks with nations to have used nuclear fuel returned, an arrangement known as “fuel leasing”. This would save the UAE the headache of having to store radioactive waste. France and Russia are the only countries that have agreements to keep other nations’ spent fuel.

“The UAE would favour an arrangement where spent fuel is taken back after use,” Hamad Al Kaabi, the UAE’s permanent representative to the International Atomic Energy Agency, said yesterday.

“Some other countries have indicated interest, but they still have to develop their capabilities. There are challenges related to internal legal matters in some of these countries regarding the return of foreign spent fuel.”

The question of long-term storage of nuclear waste is still a problem worldwide. The issue has become highly topical since the partial meltdown at three reactors and subsequent radiation contamination from spent-fuel ponds triggered by the earthquake and tsunami in Japan last March.

The matter becomes of increasing importance to the UAE with the approach of a 2017 deadline to bring the first reactor online, making the country the first nation in the Arab world with nuclear power.

That timetable hinges on approval from the Emirates’ independent nuclear regulator, which is reviewing the plans…….

The US, the UK, Australia and Japan – along with France and South Korea – are the nations that have signed nuclear cooperation agreements with the UAE that will provide the legal foundation for knowledge transfer or supply sales…..

Australia, which has 40 per cent of the world’s known uranium reserves, has been most vocal about its desire to make the UAE its customer…..

Australia’s foreign minister, Kevin Rudd, visited Abu Dhabi in March to announce his country’s hopes for a bilateral uranium trade agreement, although he stipulated Australia would require potential partners to maintain strict control over nuclear material.

“A bilateral safeguards agreement with Australia is a further strict non-proliferation condition that Australia requires for supplying uranium,” he said at the time….
http://www.thenational.ae/thenationalconversation/industry-insights/energy/clamour-to-supply-uae-nuclear-needs

South Australia’s Premier and BHP BIlliton to fast track approval for giant uranium mine

August 14, 2011

Just 10 weeks to seal Dam deal, Adelaide Now Sarah Martin  August 09, 2011  ”…..The insistence of the Premier to stay until the new indenture act is signed off has prompted concern from the Opposition and minor parties that the “whip hand” has been handed to BHP Billiton.

The company yesterday remained tight-lipped on the dealings for the legislation required for the $30 billion expansion

http://www.adelaidenow.com.au/ipad/just-10-weeks-to-seal-dam-deal/story-fn6bqvxz-1226111312201

BHP Billiton is earmarking nearly $10 billion of a planned $80 billion capital-spending spree over the next five years to expand iron ore and coal mining in Australia but has yet to allocate funding for Olympic Dam…..

Our focus continues to be to… finalise indenture negotiations,” BHP Billiton spokeswoman Kelly Quirke said. The indenture negotiations refer to proposed amendments to legislation in the Roxby Downs township where the mine is located to allow expansion work to commence

BHP Olympic Dam expansion linked to outgoing politician  SYDNEY Aug 8 (Reuters) – An Australian politician who has played a key role in developing BHP Billiton’s Olympic Dam copper and uranium mine and is now under pressure to step down has vowed to stay on until Oct. 20 to finalise an expansion of the mine, suggesting talks may be nearing an end.

The expansion, which analysts predict could cost $20 billion or more, has been under assessment for its environmental impact by various levels of government with no clear approval date.

“I will be stepping down as premier on October 20,” South Australia state Premier Mike Rann said in a statement.

Separately, Rann told reporters he wanted to finalize several projects in the state but that negotiations relating to the expansion of Olympic Dam remained paramount.

There was now a “ticking clock” over those negotiations, he said,…

BHP Billiton is earmarking nearly $10 billion of a planned $80 billion capital-spending spree over the next five years to expand iron ore and coal mining in Australia but has yet to allocate funding for Olympic Dam…..

Our focus continues to be to follow the process set down by the Commonwealth, South Australian and Northern Territory governments to progress environment approvals for the Olympic Dam project and finalise indenture negotiations,” BHP Billiton spokeswoman Kelly Quirke said.

The indenture negotiations refer to proposed amendments to legislation in the Roxby Downs township where the mine is located to allow expansion work to commence…

Centennial Project uranium mining likely to be aborted

August 14, 2011

Powertech USA President Richard Clement said earlier this year that the Fukushima Daiichi nuclear power plant disaster in Japan shook the uranium market enough to give Powertech pause when considering the future of the Centennial Project.

Powertech writes off millions after uranium mine land deal collapses, Coloradoan.com. 11 Aug 11, Powertech Uranium Corp. has written off $2.3 million it lost when a Centennial Project land deal with two Northern Colorado landowners fell through in June.

The British Columbia-based company had the option to purchase 3,585 acres from Howard and Donna Diehl of Carr and Thomas and Dianna Varra of Nunn for $11.45 million. Powertech chose not to purchase the land when the option agreement expired, shrinking the size of the Centennial Project by half and reducing the available uranium at the site by 1.1 million pounds….

As to the future of the Centennial Project, Powertech USA President Richard Clement said Thursday …..“We’re focusing our efforts and finances because of problems with the market, Fukushima and everything else made money hard to come by,”

He said earlier this year that the Fukushima Daiichi nuclear power plant disaster in Japan shook the uranium market enough to give Powertech pause when considering the future of the Centennial Project.– http://www.coloradoan.com/article/20110811/UPDATES01/110811017/Powertech-writes-off-millions-after-uranium-mine-land-deal-collapse?odyssey=tab|topnews|text|News

Poor growth predicted for uranium industry – Uranium One

August 14, 2011

Uranium One cuts demand forecast by 8%-10% TORONTO Mining Weekly, 9th August 2011 – Canada’s Uranium One has cut its demand growth projections for uranium for its namesake product by 8% to 10% over the next decade,…..

Last month, Australia-based Paladin Resources cut its 2012 uranium production guidance to 7.4-million pounds and 7.9-million pounds from the previous forecast of 8.2-million pounds, mainly because of delays to its stage-three expansion at the Langer Heinrich mine in Namibia.

This was followed by an August 4 announcement by uranium’s perennial under-performer, Rio Tinto’s Energy Resources of Australia, that it had nearly halved the reserves at its Ranger mine……

Yellow cake prices dropped to $49/lb from around $66/lb in the immediate wake of the Japanese disaster, and have since settled at about $52/lb.–

Gloomy prospects for uranium industry

August 14, 2011

The disaster at Japan’s Fukushima Daiichi power plant following the March earthquake and tsunami has essentially killed investor enthusiasm for uranium stocks…… The other uranium stocks are all miners, but if there is no support for new nuclear development, then the value of these stocks will drop as well. Aside from early comments supporting nuclear power, the US has been non-committal, whereas Germany and Italy have both indicated that no new nuclear plants will be built and, in Germany, existing plants will be closed over the next decade or so.

USEC Shares Collapse on Loan Worries (USEC, URRE, UEC, URG, URZ, URA),August 5, 2011, 247Wst.com Paul AusickThe sole US provider of low-enriched uranium fuel for nuclear power plants is in serious trouble. USEC Inc. (NYSE: USU) shares have fallen more than -12% this morning and posted another new 52-week low on concern that the company’s loan guarantee from the federal government will not be approved in time to prevent USEC from running into liquidity problems.

Every US company involved in the nuclear fuel business is getting beaten up this morning. Uranium Resources, Inc. (NASDAQ: URRE) is down nearly -12% and Uranium Energy Corp. (AMEX: UEC) is down -4%. Ur-Energy Inc. (AMEX: URG) is off nearly -11% and Uranerz Energy Corp. (AMEX: URZ) is off nearly -5%. The disaster at Japan’s Fukushima Daiichi power plant following the March earthquake and tsunami has essentially killed investor enthusiasm for uranium stocks……

The federal government and the Obama administration re-iterated support for nuclear power shortly after the Japanese disaster, but both remain cautious about making any high visibility moves too soon. Especially moves that indicate on-going support for nuclear power development.

That’s why all the uranium stocks are getting a beating today. Investors have no reason to believe that federal support will be forthcoming for the nuclear industry in the US, and, like so many non-hydrocarbon-based energy projects, lack of federal government support equals the kiss of death.

The other uranium stocks are all miners, but if there is no support for new nuclear development, then the value of these stocks will drop as well. Aside from early comments supporting nuclear power, the US has been non-committal, whereas Germany and Italy have both indicated that no new nuclear plants will be built and, in Germany, existing plants will be closed over the next decade or so.
http://247wallst.com/2011/08/05/usec-shares-collapse-on-loan-worries-usec-urre-uec-urg-urz-ura/

Big loss for Denison Mines on falling uranium sales

August 14, 2011

UPDATE 1-Denison Mines falls to loss on soft uranium sales, TORONTO Aug 4 (Reuters) - Denison Mines  reported a second-quarter loss on Thursday as uranium sales fell sharply in the aftermath of the nuclear crisis in Japan.

The uranium producer said it had a net loss of $13.7 million, ….

It sold 116,000 pounds of uranium at an average price of $65.94 a pound, compared with 417,000 pounds at an average price of $45.56 in the second quarter of 2010.

Denison said that uranium demand has decreased in the aftermath of the nuclear accident in Japan and that it has deferred sales to the second half of the year, with some 570,000 pounds available in inventory…http://af.reuters.com/article/metalsNews/idAFN1E7731YV20110804

World’s largest uranium miner has big drop in revenue

August 14, 2011

Cameco is the largest player in the highly volatile uranium space……Apart from causing a massive impact in Japan’s economy, as well as disrupting global supply chains, the Fukushima Daiichi incident has put the uranium industry in an existential moment.

Cameco Sinks As Sales Drop Post-Fukushima – - Forbes, 4 Aug 11, As the nuclear energy and uranium businesses recover from the crisis that was the Fukushima Daiichi accident in Japan, Cameco posted second-quarter earnings that reveal big drops in revenue and profit. Despite hitting expectations, Cameco’s earnings sparked a sell-off given a more bearish look on their industry, …..

Revenue at the Canadian-headquartered uranium company fell 22% to $439 million on falling sales volume and the “variability of uranium demand.”  The company also noted the average cost of product sold increased, despite higher prices.  Cameco expects sales to be heavily weighted toward the second half of the year.

Cameco is the largest player in the highly volatile uranium space……
Apart from causing a massive impact in Japan’s economy, as well as disrupting global supply chains, the Fukushima Daiichi incident has put the uranium industry in an existential moment. (Read Uranium And Nuclear Stocks Fell The Shock Waves Of Fukushima Meltdown).
…….. Public outbursts against nuclear energy have caused Germany to wind down much of its nuclear program; Germany, with 17 reactors, represents 5% of global generating capacity….
Shares in Cameco fell precipitously, as the company lowered its long term forecasts for the industry.  By noon in New York, the uranium producer was trading down 4.6% or $1.17 to $24.55, below both its 200- and 50-day moving averages….
Cameco Sinks As Sales Drop Post-Fukushima – Agustino Fontevecchia – Moral Hazard – Forbes

Cotter Corporation wants to reduce monitoring radioactive waste from uranium milling

August 14, 2011

Cotter asks to stop testing impoundment pond due to dangerous conditions -The Denver Post, by Bruce Finley, 4 Aug 11 Cotter Corp. managers of a uranium mill have asked state regulators to let them stop testing the acidity of a leaking toxic- and radioactive- waste impoundment pond — saying conditions have become too dangerous for workers…..

The Cotter efforts to reduce monitoring affect Colorado’s oversight of the cleanup because state regulators rely on company data instead of conducting independent tests.

Cotter is in the process of dismantling its shuttered uranium mill, located south of the Arkansas River near Cañon City.

With state permission, the company has been moving 90,000 gallons of radioactive sludge and solvents into the impoundment, although regulators know the impoundment is leaking. Liquid waste is mixed with a material resembling cat litter that renders it more solid….

Workers at the mill, built in 1958 with federal support, processed uranium for weapons and power plants. Cotter dumped waste in 11 unlined ponds, leading to contamination of groundwater, which spread to Cañon City.

Federal Environmental Protection Agency officials in 1984 declared the mill and surrounding area a Superfund environmental disaster — then entrusted state authorities with supervising the cleanup...Cotter asks to stop testing impoundment pond due to dangerous conditions – The Denver Post

Navajo land to be probed for uranium mining contamination

August 14, 2011

The Mariano Lake Mine is one of a handful of sites that the EPA and its Navajo Nation counterpart have targeted for investigation or cleanup so far. They’ve been assessing hundreds of abandoned uranium mines to address what has become a legacy of death and disease across the reservation.

EPA announces deal for uranium contamination probe, Canadian Business,  August 01, 2011 FLAGSTAFF, Ariz. (AP) — The U.S. Environmental Protection Agency is overseeing an effort to determine the extent of contamination at a former uranium mining site on the Navajo Nation that marked a high priority for assessment.

The EPA announced Monday that it has reached a deal with Chevron USA Inc. to survey the 31-acre Mariano Lake Mine site near Gallup, N.M., and surrounding homes and water wells. Chevron is to report its findings from radiological survey and soil samples to the EPA early next year and is on the hook for EPA’s oversight costs.

The Mariano Lake Mine is one of a handful of sites that the EPA and its Navajo Nation counterpart have targeted for investigation or cleanup so far. They’ve been assessing hundreds of abandoned uranium mines to address what has become a legacy of death and disease across the reservation.

In 2005, the Navajo Nation banned uranium mining on the 27,000 square-mile reservation that stretches into parts of New Mexico, Utah and Arizona. Nearly four million tons of uranium ore were mined from the reservation over more than four decades.

The tribe and the EPA began aggressively targeting the abandoned mines within the last decade. That includes the development of a five-year, multi-agency plan to address contamination that now is in its fourth year…..

The Navajo Nation has been pushing for mining waste — tailings or rocks that weren’t rich enough in uranium — to be removed from the reservation. Navajo President Ben Shelly commended the EPA and Chevron for coming to an agreement he said will protect the communities in and around Mariano Lake.

“I look forward to the data that will be generated in this investigation, and I respectfully request U.S. EPA to understand our desires for the most protective clean-up plans that will help restore harmony in our communities and homes,” Shelly said in a statement.

The Skyline Mine near Monument Valley, Utah, is the first mine that EPA itself is cleaning up at a cost of $8 million…..http://www.canadianbusiness.com/article/37331–epa-announces-deal-for-uranium-contamination-probe


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