Hawk Uranium Inc. (TSX VENTURE:HUI) (”Hawk”) is pleased to announce that it has entered into an option agreement with Noront Resources Ltd. (”Noront”) pursuant to which Hawk has the option to acquire a 50% legal and beneficial interest in a property. The property includes 10 Claims (covering a total of 160 claim units, or approximately [...]
Meetings in undisclosed locations, secret shipments, nuclear Arms, Saddam’s enigmatic Weapons of Mass Destruction and…(drumroll)… CANADA?!
Apparently, some time last winter a group from Cameco, the world’s Uranium Corporation, travelled to Paris. While in Paris they met with Iraqi government officials in an “undisclosed location” to discuss the company’s
AP Exclusive: Uranium stockpile removed from Iraq in secret US mission by land, sea and air By BRIAN MURPHY Associated Press Writer July 5, 2008 (AP)In a Monday June 9, 2003 file photo, UN inspectors from the International Atomic Energy Agency... In a Monday June 9, 2003 file photo, UN inspectors from the International Atomic Energy Agenc
An exploration company with uranium tenements in the North West is renewing calls for the State Government to review its ban on uranium mining in light of the Varanus Island explosion.
Thunderlarra Exploration Limited has tenements in both the East Kimberley and Ashburton regions but has scaled back spending on the projects because of the ban.
The [...]
CanAlaska Uranium Ltd. has mobilized 33 field personnel to three uranium exploration projects on the northern rim of the Athabasca Basin, Saskatchewan. One of these crews will shortly relocate to commence drill operations targeting known uranium mineralization located on the Fond du Lac Denesuline First Nation Reserve Lands.
The Company was informed yesterday of the [...]
No surprise here. The final international carrot has been offered and rejected. What will we do now? MORE sanctions? Nope, time for military action.
And we have many Western leaders now behind us.
Bush, French president united against Iran
By JENNIFER LOVEN
Associated Press
Jun 14,2008
PARIS (AP) - Iran rejected a six-nation offer of incentives to stop enriching uranium on [...]
POINT ROBERTS, WA & DELTA, BC, September 12, 2007 - and its mining portals expand the list of participants for the “Mining for Money” online resource conference. Joining the list of sector participants are: Eastfield Resources Ltd. (TSX.V: ETF); Uranerz Energy Corporation (AMEX: URZ; TSX: URZ); Callinan Mines Limited (TSX.V: CAA) and Bayswater Uranium [...]
Nguyen Thanh Son, director of Song Hong (Red River) Power Company, discussed the feasibility of building a nuclear power plant in Viet Nam withThoi Bao Kinh Te Sai Gon (Sai Gon Economic Times).
The Vietnamese Government issued Decision No 01/2006, on January 3, 2006 approving the Strategy to Apply Nuclear Energy for Peaceful Purposes to 2020.
Additionally, scientists said that there would not
Election 2008 is approaching very quickly. With the radical changes that have been made to our country and our world over the past few years, it is time for American voters to do some soul seraching and to really evaluate what these politicians stand for.A good place in evaluating the actions of our nation is to remember what the Golden Rule says:Matthew 7:12"So in everything, do to others what yo
The Government is planning to source input materials for the nation’s first nuclear energy plant domestically. The nuclear plant is expected to begin operation in 2020.
The Ministry of Environment and Natural Resources’s Department of Geology and Minerals has recently completed a scheme on the survey and investigation of the nation’s uranium reserves, the key material for the nuclear power
Great news!The European Parliament has passed a resolution against DU weapons in a landslide vote. The dangers of these weapons are becoming more commonly known every day, and this is a great step by a government body to fight the proliferation of these weapons.If you do not know about the horror of depleted uranium weapons, then I would encourage you to read the following article about these weap
Afghan ministry denies evidence of depleted uraniumThe Afghan Public Health Ministry denied on Sunday a media report that there was evidence of nuclear contamination in the Tora Bora mountains of eastern Afghanistan.The radio report said the ministry was investigating claims the Tora Bora mountains had been contaminated with radioactive material, the ministry said in a statement. "The Public
Uranium Resources, Inc. (NASDAQ: URRE) announced this morning that it entered into a private placement based on the closing prices yesterday after the close....
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British Columbia has slapped an official moratorium on uranium exploration and development in the province, reinforcing a long-standing informal ban on the nuclear fuel and dashing the hopes of companies that hoped to take advantage of soaring prices for the commodity. The ban, announced yesterday, makes B.C. a no-go zone for uranium and confirms a moratorium put in place in 1980 by a previous government responding to anti-nuclear sentiment in the province. That moratorium lapsed in 1987 but subsequent governments did not move to update it, as companies focused their exploration campaigns on other metals and because there was a widespread view that uranium production would be unpopular in the province. That changed in recent years, as uranium prices more than doubled and climate
A federal judge has blocked a British mining company from exploring for uranium near the Grand Canyon, agreeing with environmental groups which sued the U.S. Forest Service for approving the plan without full environmental reviews. The Sierra Club, Grand Canyon Trust and Center for Biological Diversity sued the Forest Service last month for allowing VANE Minerals Group to drill at up to 39 locations on seven sites on the Kaibab National Forest. The company is seeking commercial quantities of uranium, which has soared in price in recent years and resulted in a wave of new development. U.S. District Judge Mary Murguia in Phoenix issued a temporary restraining order and preliminary injunction stopping the drilling late Friday after a hearing, said Sandy Bahr, conservation outreach di
The Most Ignored & Covered Upby Mass Media News Story ...Hundreds of Thousands of American TroopsContaminated, dying, and disabled from DepletedUranium by American Arms.The use of depleted uranium weaponry by the United States, defying all international treaties, will slowly annihilate all species on earth including the human species, and yet this country continues to do so with full knowledge of its destructive potential.Since 1991, the United States has staged four wars usingdepleted uranium weaponry, illegal under all internationaltreaties, conventions and agreements, as well as under US military law.America’s Big Dirty SecretDepleted Uranium weapons are called "Dirty" because much of the uranium-235 isotope useful for nuclear power fuel and weapons has been separated, "depleted"
Russia urges Slovakia to join its uranium enrichment centre Russia has urged Slovakia to join its uranium enrichment centre in Angarsk in East Siberia as part of Moscow's non-proliferation initiative. This was announced here Thursday by visiting Russian Prime Minister Viktor Zubkov after talks with his Slovak counterpart Robert Fico. The centre is part of Moscow's non-proliferation initiative to create a network of enrichment centres under the supervision of UN nuclear watchdog International Atomic Energy Agency (IAEA). The centre is based at a chemical plant in Angarsk in Siberia and will also be responsible for disposal of nuclear waste. "We propose our Slovakian partners join the international uranium enrichment centre that is being built by Russia," Zubkov said. Russian Pres
If you are looking for new investment opportunities, uranium mutual funds may be the best place to put your money. Most of the new age energy mutual funds have a number of stocks into sectors such as oil, gas, nuclear energy, uranium and so on.The good investment potential in this sector has led to further upsurge in the demand for this sectoral funds and mutual funds industry is also bringing out new funds and investment opportunities. Today, uranium mutual funds are one of the preferred investment avenues for investors who like to participate in the growth of the nuclear energy sector.The growing demand for energy from most of the world economies including the emerging market economies has led to a dream performance of many of the nuclear energy companies dealing in uranium and other for
From the Tucson Citizen : Indian leaders, scientists, business interests and the superintendent of the Grand Canyon warned Friday of dire consequences if uranium mining is allowed to proceed near the national park. Mining advocates minimized any likely problems. At a congressional field hearing held in Flagstaff, proponents of a measure to ban mining around the Grand Canyon said the canyon is a national treasure worthy of protection from the impacts of such activity. Rep. Raúl Grijalva, D-Ariz., who chaired the House Subcommittee on National Parks, Forests and Public Lands, has sponsored a bill to ban a million acres near the Grand Canyon from mineral exploration under the 1872 Mining Act. In advance of the hearing, Grijalva said it would focus on "the need to buffer this
Let's assume that the 33 kilos of nuclear material discovered last week by Colombian officials allegedly cached by FARC was almost worthless, and represented no real security threat, as suggested by Aaron Mannes in his article "DU Dud." Does that mean we should conclude, as he does, that it represented desperation, ignorance, failure of judgment, or incompetence by the FARC, making FARC either (a) the victim of the scam, no longer feared by the person scamming FARC, or (b) the scammer who would hurt...(read more)
Colombian police have found 30 kilos (65 lbs.) of depleted uranium (DU). DU is what is left over after natural uranium is enriched. It is less radioactive than natural uranium and consequently useless for building dirty bombs (let alone nuclear weapons.) Tons of the stuff is around and there is virtually no market for DU (certainly not to the tune of $2.5 million a kilo). While the Hollywood scenarios of terrorists dealing in WMD appear to be false, this incident raises interesting questions about...(read more)
The blogs are buzzing about this today because last month when Columbia captured documents during a raid that killed Leftist-terrorist organization FARC leader , it proved that FARC was seeking Uranium. Well now they have HARD EVIDENCE, even if the uranium was depleted as reports suggest.
The seizure of up to 66 pounds of low-grade [...]
~Snooper~Great. Wonderful. Peachy-keen. From the Counterterrorism Blog:[...] FARC's operational, financial, logistical, and political networks now face exposure, and those who have directly facilitated terrorist or criminal activity -- regardless of their political position -- need to face practical consequences. Such consequences can include such responses as the imposition of economic sanctions and asset freezes, the bringing of criminal indictments, the loss of the right to travel in countries registering objections to those doing business with or supporting terrorists. But there have to be consequences, and they need to be multilateral, not confined to issuance by Bogota and Washington. [...] Read the rest for the minute details...I wonder how the Leftinistra will spin this one...
Authentication of the information reportedly found in the computers seized after Colombia's March 1 raid on FARC camps in Ecuador has been coming in concrete form. First there was the discovery March 14 of $480,000 in cash held in a safe in a resident of a couple outside San Jose, Costa Rica , precisely where it had been reported to have been stored according to information found in the computer. Then, on March 26 Colombia announced that on March 20 it had seized up to 66 pounds of uranium, linked...(read more)
Uranerz Energy Corporation (AMEX: URZ)announced that it will raise approximately $23.676 million (US Dollars) in funds via a brokered private placement of 4...
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A report published in the Journal of Environmental Monitoring found that worms in the Dumfries testing ground had significant traces of poisonous uranium isotopes in their bodies. Worms are a crucial part of the ecosystem, aerating the soil and aiding the nutrient uptake of plants. If they are contaminated, it suggests the wider environment is tainted. The report said: "Many of the soil
With Oil prices rising and with global demand for energy increasing investing in nuclear power is a strategic move, and that’s exactly what happened. From lows around 15$/pound a few years ago, uranium has increased to 90$/pound, while reaching a high near 140$/pound in 2007. And when considering that uranium purchases is a very small [...]
Russia has delivered the first shipment of nuclear fuel to Iran's Bushehr atomic power station, a step both Moscow and Washington said should convince Tehran to shut down its disputed uranium enrichment programme.But a senior Iranian official said his country would under no circumstances halt its efforts to enrich uranium fuel.Russian Foreign Ministry said the final shipment of fuel would arrive in February next year, allowing the plant to start operating six months later.Via: Gulf Daily News
Russia has delivered the first shipment of nuclear fuel to Iran's Bushehr atomic power station, a step both Moscow and Washington said should convince Tehran to shut down its disputed uranium enrichment programme.But a senior Iranian official said his country would under no circumstances halt its efforts to enrich uranium fuel.Russian Foreign Ministry said the final shipment of fuel would arrive in February next year, allowing the plant to start operating six months later.Via: Gulf Daily News
Moins habituelle au Québec, la BD journalistique est pourtant un médium qui se prête à merveille à l’exposition de problématiques tout en permettant un traitement ludique. Mercredi passé, les Éditions Cumulus Press faisaient paraître leur nouveau-né, EXTRACTION! Comix Reportage. Une bande dessinée constituée de quatre reportages scrutant les multiples facettes de l’industrie minière au quatre coins du monde dont celle particulièrement troublante de l’exploitation québécoise de l’uranium…
L’article sur la BD est disponible ici.
Are you looking to power your supersonic death ray of destruction but it’s just so difficult to get a hold of uranium these days? Don’t worry. Amazon is here to help. It’s not currently in stock, but you may be able to find some used, though that might not be helpful.
Make sure you check out the items that other uranium shoppers purchased, and the multitude of amusing reviews.
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Investing in Uranium
The price of Uranium has been extremely volatile over the past year from a high of just over $300 (USD) per Metric Tonne in June of 2007 to a recent low of $75 (USD) per Metric...
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The U.S. Court of International Trade struck down a 112-percent antidumping duty on Russian uranium in a ruling on a suit brought by Tekhnabexport on October 28. Although the Russian atomic fuel...
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The U.S. Court of International Trade struck down a 112-percent antidumping duty on Russian uranium in a ruling on a suit brought by Tekhnabexport on October 28. Although the Russian atomic fuel producer will not have access to the American market for two more months under the court's decision, it makes it possible then to deliver Australian uranium enriched in Russia to the U.S., where the market has been closed since 1991. Federal Atomic Energy Agency (Rosatom) head Sergey Kirienko announced on Friday that Tekhnabexport won its suit against the U.S. Department of Commerce in U.S. court, where it challenged the legality of antidumping duties on the import of Russian-produced low-enriched uranium (LEU) into the U.S. Kommersant has learned that the decision was made by the court on September 26. Two days were required for the official formulation of the ruling. The court ordered the Department of Commerce to define the scope of the antidumping procedure and exempt Russian LEU uranium
With Apec just down the road kinda this week .. a peekRussia and Australia ink uranium dealNEWS.com.au, Australia - 18 minutes agoPRIME Minister John Howard and President Vladimir Putin have signed a deal for Australia to sell uranium to Russia. The two leaders signed the deal after ...[ ]Bush bloopers Apec Opec Australia Austria news story hereLucky it was us and not Al Qaeda, says Chaser read moreA fake motorcade carrying cast members from an Australian television show, including one dressed as Osama Bin Laden, nearly reached President Bush's hotel at APEC. The motorcade was stopped after clearing two security checkpoints. ...Yesterday Chaser team make mockery of APEC security ,Top security????????Waved through wearing an insecurity pass and dressed like Osama bin ladenfake security passhttp://www.news.com.au/gallery/0,23607,5025515-5007150,00.html $140 million dollar security price tag for the City of Sydney Yet......
Indonesia says it expects to be able to buy Australia's uranium if it goes ahead with plans to build nuclear power plants on the earthquake-prone island of Java.Indonesia has repeatedly stated that it hopes to build its first nuclear power plant by 2016.Indonesian Vice-President Jusuf Kalla Kalla says that there is not yet a budget or concrete plans for nuclear power plants on Java.But he says that if Indonesia pursues nuclear energy he expects to be able to buy Australia's uranium.Indonesia News Blog: http://indosnesos.blogspot.com
Shares of Canadian uranium producers have fallen to their lowest levels since last year, as a global equity selloff has added to the woes of a sector suffering from a sudden price reversal and a string of bad news hitting its biggest player.Cameco Corp., the world's largest producer, hit a nine-month low of $39.25 on the Toronto Stock Exchange Friday, a full 34% off its peak of $59.90 reached in June, though it rebounded later in the session.Uranium One, which hopes to challenge Cameco's dominance over the next six years, touched a 10-month low of $9.85, while Denison Mines fell to a nine-month low of $9.12, down 45% from a record high in May.While the most recent leg of the slide has been partly due to the broader market's sell-off over worries about credit markets, the retreat by uranium players has outdistanced peers both in the broader market and among Canadian resource stocks.Cameco has also been hit by a series negative events - most notably the flooding of its Cigar Lake mine
Iraq VeteransDepleted UraniumMaking Ghosts Of WarSoldiers, CiviliansIndiscriminate KillerReaches Far And WideThink Of It As AnEqual OpportunityPermanent ToxinWaiting PatientlyFor Billions Of YearsAssaults EveryThingIt's Nuclear WarWith Smaller AmmunitionsSame Deadly EffectsWeapons Makers ThoughtOf A Way To Make MoneyFrom Their D U WasteAnd Wow Did They MakeA Killing, Without AnyAccountabilityAnd They Stuck You WithTheir Permanent PollutionNow It's Your ProblemNo HesitationOn Expendable SoldiersOr PopulationsD U Poision DustPentagon's ExperimentAcceptable RiskVeterans AdminIn Shambles, Will Not Care ForD U ConditionsAll Being DeniedA Pentagon CoverupAnyone Suprised?Does Their BehaviourMake Anyone Want To JoinThe Military?For What, To Be UsedIn Illegal Wars, Or WorseD U ExposureMany Reasons ToEnd Use Of D U, ExceptFor One: The Profit
visit: DUBBS.info for more information on DU: public forums, articles, graphics and videoAn Interesting 911 movie:
With the prices of uranium soaring French energy giant Areva knows they need to find more sources for uranium and they thought it was their lucky day when they found 14,000 tonnes of uranium near the Kakadu National Park.
The land is owned by the sole member of the Djok clan and the senior custodian of the Koongarra uranium deposit (JEFFREY LEE), his father and grandfather were offered houses, cars and many other things for the land (they were not told about the uranium), although the 14,000 tonnes are worth more than $5 billion Mr. Lee is not interested.
Jeffrey Lee controls the fate of Koongarra and said “This is my country. Look, its beautiful and I fear somebody will disturb it,” as he waved is arm across a view of rocky land that is surrounded by Kakadu National Park.
The 36-year-old Jeffrey Lee has decided never to allow the land to be mined and as money does not mean a thing to him that looks the way it’s going to be.
Sources: Uranium Stocks | smh
Written by Danie
In an out-take from our interview with Yellowcake Mining (YCKM.OB) director Dr. Robert Rich, he told us that the company that owns a uranium mill controls the area. According to a news release, announcing the company’s ore buying program, Denison Mines (AMEX: DNN) operates the only uranium mill within a 500-mile radius of Blanding, Utah. Strategically located, the company’s White Mesa mill is in the heart of the Uravan uranium mining district. In truth, it is the only operating conventional uranium mill in the United States. According to a U.S. Energy Information Agency [EIA] update issued this past May, the other three uranium mills are on standby. For the time being, Denison has a monopoly on conventional uranium milling in the United States. Under these circumstances, a company can charge whatever it wishes. Roll back the clock. When you have zero competition, one can buy uranium for the same price others paid in 2005. In Denison’s case, the company’s mill can purchase
In an out-take from our interview with Yellowcake Mining (YCKM.OB) director Dr. Robert Rich, he told us that the company that owns a uranium mill controls the area. According to a news release, announcing the company’s ore buying program, Denison Mines (AMEX: DNN) operates the only uranium mill within a 500-mile radius of Blanding, Utah. Strategically located, the company’s White Mesa mill is in the heart of the Uravan uranium mining district. In truth, it is the only operating conventional uranium mill in the United States. According to a U.S. Energy Information Agency [EIA] update issued this past May, the other three uranium mills are on standby. For the time being, Denison has a monopoly on conventional uranium milling in the United States. Under these circumstances, a company can charge whatever it wishes. Roll back the clock. When you have zero competition, one can buy uranium for the same price others paid in 2005. In Denison’s case, the company’s mill can purchase
Areva SA, the world's largest manufacturer of nuclear plants, offered to pay more than $2.5 billion in cash for UraMin Inc. to gain uranium-mining assets as global demand for the nuclear fuel rebounds. Areva agreed to pay $7.75 a share, Johannesburg-based UraMin said today in a statement. That's 4.6 percent more than UraMin's closing price in the U.S. yesterday and 7.6 percent more than on June 11, the day before UraMin first said it was in talks. The acquisition will give French state-owned Areva mining- exploration projects in Namibia, South Africa and the Central African Republic that have yet to start production. The price of uranium has jumped more than sixfold in three years because of resurgent demand for nuclear power caused by concern about pollution from plants powered by fossil fuels such as coal. ``This is essentially the French government buying major uranium deposits in Africa to ensure its supply of a strategic res
Areva SA, the world's largest manufacturer of nuclear plants, offered to pay more than $2.5 billion in cash for UraMin Inc. to gain uranium-mining assets as global demand for the nuclear fuel rebounds. Areva agreed to pay $7.75 a share, Johannesburg-based UraMin said today in a statement. That's 4.6 percent more than UraMin's closing price in the U.S. yesterday and 7.6 percent more than on June 11, the day before UraMin first said it was in talks. The acquisition will give French state-owned Areva mining- exploration projects in Namibia, South Africa and the Central African Republic that have yet to start production. The price of uranium has jumped more than sixfold in three years because of resurgent demand for nuclear power caused by concern about pollution from plants powered by fossil fuels such as coal. ``This is essentially the French government buying major uranium deposits in Africa to ensure its supply of a strategic res
Energy Resources of Australia Ltd., which produces more than a 10th of the world's mined uranium, said it expects to receive a lower average price for the metal this half than for the whole of 2006 even as spot prices rise. The Darwin-based company got an average of $15.57 a pound for uranium in the first half of 2006, lower than the $17 it received on average for all of 2005, it said in a presentation lodged late yesterday with the Australian Stock Exchange. Similarly, the average price this half will be lower than the $18.36 received for the whole of 2006, it said. Energy Resources earlier this month forecast a first-half loss after flooding at its Ranger mine in northern Australia disrupted output, forcing the company to declare ``force majeure'' on deliveries. Spot prices for the nuclear fuel have jumped 12-fold since early 2003 and are at $135 a pound, according to The Ux Consulting Co.'s Web site. ``Year-on-year realized p
Source: Mineweb.comMr Market is battling to correctly price stock in uranium-gold hybrid Simmer & Jack. Author: Barry Sergeant Posted: Wednesday , 06 Jun 2007 JOHANNESBURG - Gordon Miller, CEO of Simmer & Jack (JSE: SIM, R7.10 a share), the hybrid uranium and gold developer, is a frustrated man. He is determined to show that the market is not pricing Simmers correctly, but acknowledges that hybrids such as those under his watch are relatively new, and, further, that the modern Simmers is a relatively new entity in any event. The group's assets are anything but new. Ezulwini (the key uranium asset, but also holding gold) and Buffels (gold, but also with uranium) are relatively near to Johannesburg. Ezulwini Mining Company was formerly No. 4 Shaft Randfontein Estates, and was bought from Harmony (HMY, R104.99). Buffelsfontein, comprising the Buffelsfontein and Hartebeestfontein mines, was bought from liquidators, and was formerly held by DRDGold (DRD, R6.16). Sim
Uranium prices continue to rise, increasing the cost of generating nuclear power and spurring investment in mining. The 143 percent jump on the uranium spot market since October, however, is being met with optimism -- hopes that uranium`s growing pains will lead to a more sustainable nuclear fuel sector. Analysts say the new price marker is nearing what may be a plateau for a uranium market that was so depressed by government inventories -- to around $15 from the 1980s until earlier this decade -- that there was little investment in mining and production of the material. The two leading uranium information and consulting firms released late Monday their new prices for spot market purchases: UX Consulting pegged it at $135 per pound and Trade Tech at $138 per pound. 'Right now, there is a gap between primary production and reactor requirements on an annual basis,' said James Malone, vice president of nuclear fuels for Exelon Corp. 'In the future, I believe that the primary production
Uranium prices continue to rise, increasing the cost of generating nuclear power and spurring investment in mining. The 143 percent jump on the uranium spot market since October, however, is being met with optimism -- hopes that uranium`s growing pains will lead to a more sustainable nuclear fuel sector. Analysts say the new price marker is nearing what may be a plateau for a uranium market that was so depressed by government inventories -- to around $15 from the 1980s until earlier this decade -- that there was little investment in mining and production of the material. The two leading uranium information and consulting firms released late Monday their new prices for spot market purchases: UX Consulting pegged it at $135 per pound and Trade Tech at $138 per pound. 'Right now, there is a gap between primary production and reactor requirements on an annual basis,' said James Malone, vice president of nuclear fuels for Exelon Corp. 'In the future, I believe that the primary production
anythingradioactive.com is selling stuff that is...radioactive. For example if you look at these:
Here's something new for Uranium 'Vaseline' Marble fans. We've put together a special package of 4 marbles in a tube, together with one ultraviolet keyring torch in a choice of two colours – blue or green.
Of course, it is not as dangerous as real uranium. The marbles have been injected by a very small amount of that element. Which is even not enough to get super powers, catalyzed by a spider-bite or something similar.
As reported by the Wall Street Journal, Sunday night’s revelations that China National Nuclear Corp (CNNC) may strengthen its ties to UraMin could represent a broader picture than an ordinary acquisition of a near-term uranium producer.
There is an ongoing global war for energy security, which appears to be politically inspired. China and Russia are the main opponents, especially in Africa, but have rivaled each other, over the past several years, in Central Asia. The goal for both nations is not only energy security but political influence and alliance over their targeted territories.
On May 12th, Russia, Kazakhstan and Turkmenistan signed a declaration to upgrade and expand transport pipelines along the Caspian Sea coast directly to Russia. The project relies mainly upon the vast Turkmen gas reserves. This is part of Russia’s growing monopoly of Central Asian gas. Although Europe was shocked by Vladimir Putin’s new arrangement, the Chinese were flabbergasted.
We’ve been follo
We thought by now we’d heard it all. But the quote which follows, given to us in a tape-recorded telephone interview by the man who obtains nuclear fuel for the largest nuclear utility in the United States, surprised even us.
“From the point of view of today’s price, they did us a favor by sending a really strong signal to the production-side community that it was time to get out there and start looking to get stuff back into production,” Exelon Corp nuclear fuels vice president James Malone told StockInterview. Malone was referring to the uranium speculators and financial community, who have driven long-term uranium contracts to US$85/pound and the weekly spot price to $125/pound. “It may not have happened as quickly without this strong signal.”
And then we talked about the widening spread between the weekly spot and long-term uranium price.
“I think the sellers have the perception that prices should be higher in the spot market, but obviously the buyers aren’t sharing
Mired in secrecy, the uranium market hopes to someday offer price transparency. To whom will this ‘real’ uranium price become transparent? Industry insiders know well before the general investing public ever finds out.
Utility fuel managers compete with a few handfuls of fuel brokers for the best price break. Utilities complain about the unwelcome speculators who’ve entered the market. and utility spokesman predict a long-term price about one-half of the US$122/pound price indicator announced in Nuclear Market Review this past Friday (another consulting service chose $125/pound for their ‘price indicator’). Some uranium miners forecast a price racing past $200/pound. Who is gaming whom? Or is this all part of the negotiations process between producers and end-users?
Meanwhile, more immediate price transparency seems to appear at Mestena’s regular spot uranium price auctions than in the much larger, but secretive uranium marketplace. Yet, the amount this private uranium prod
My friends at Democracy Now Tricities, the Stop DU Campaign, First Tennessee Progressives, the Christian Peacemaker Teams, and Concerned Tennessee Citizens have informed me about the following:AN UNPRECEDENTED CONFERENCE AND peaceful protest encampment focusing on the manufacturing of depleted uranium (DU) weapons in Appalachia will be taking place in Johnson City and Jonesborough, TN, on May 18-27. The conference, entitled DU: from Appalachia to Afghanistan to Iraq, is scheduled for May 19th and will feature Pentagon whistleblower Doug Rokke, Afghani social scientist Dr. Mohammed Daud Miraki (author of Afghanistan After Democracy) as well as inspirational writer and speaker Cathy Garger. The only cost for this conference is a $15 lunch/registration fee.The peaceful protest encampment, which is linked to the conference, will take place in Jonesborough from May 18 to 27, on private property across from Aerojet Ordnance, which is the Pentagon's largest supplier of DU weapons, producing
GORHAM, Maine, May 8 (UPI) -- A U.S. study suggests exposure to particles of depleted uranium might increase the risk of genetic damage and lung cancer.Depleted uranium is the material remaining after removal or depletion of the U-238 isotope. With a density about twice that of lead, depleted uranium is ideal for use in military armor and munitions.But now John Pierce Wise Sr. and colleagues at the University of Southern Maine have discovered depleted uranium dust produced in combat creates potentially frequent and widespread exposure for soldiers and non-combatants inhaling such dust particles.In their study, the researchers tested the effects of depleted uranium dust on cultures of human lung cells."These data suggest that exposure to particulate DU may pose a significant genotoxic risk and could possibly result in lung cancer," the scientists said.The study is to be reported in the May 21 issue of the journal Chemical Research in Toxicology.
It has come to our attention that readers of MarketMatador.com may have been confused by the article on “Nuclear Energy will be Obsolete in 20 Years.” The question and misunderstanding stems from a simple economic figure of supply and demand. NREL (NATIONAL RENEWABLE ENERGY LAB), the government agency, has scientists working on the very issue of the estimated Uranium 235 left on Earth. They’ve come to the conclusion that the world has 40 years of U235 left. Think about supply and demand, as the supply goes down, what happens to demand? You guessed it, it becomes more expensive! Therefore, 20 years into the production cycle, as international countries continue to build plants and America debates installing a new one, the demand increases even more. Ultimately, the world simply doesn’t have enough Uranium necessary to feed all the Nuclear Reactors, so prices skyrocket.
Ultimately, this ends up being a bullish case for investors, at least for the short-term. Invest
James Finch and Julie Ickes conducted the Audio Interview with Glenn Catchpole.
Our Audio Interview with Uranerz Energy (URZ) chief executive Glenn Catchpole revealed the company plans a pre-feasibility study on two properties this summer. He told StockInterview, “The hydrological environment is favorable and the grade of the ore and the thickness of the ore is such that it can support a
Germany has proposed building a facility to enrich uranium under the control of the International Atomic Energy Agency (IAEA) to prevent countries from covertly developing nuclear weapons.
Foreign Minister Frank-Walter Steinmeier said in the Handelsblatt newspaper on Wednesday that a plant overseen by the UN nuclear watchdog would ensure that "countries do not use uranium enrichment secretly to
ANKARA, Turkey — The United States, Russia, China and key European powers may for the first time be ready to allow Tehran to keep some of its uranium enrichment program instead of demanding it be completely mothballed, foreign government officials said Tuesday.
Speaking on the eve of talks between top Iranian envoy Ali Larijani and Javier Solana, the European Union’s foreign policy chief, the officials — some of them diplomats, others based in their capitals — said the discussions were key because for the first time they could try to sidestep the deadlock over enrichment by trying to agree on a new way of defining enrichment.
Iran’s defiance of a U.N. Security Council demand to freeze all activities linked to enrichment — a possible pathway to nuclear arms — has led to two sanctions-bearing resolutions against Tehran, the latest in March. Although the punishments are selective and relatively mild, they could be further sharpened if the Islamic republic refuses to
A Russian scientists was arrested trying to sell weapons grade uraium in Georgia (country). Khintsagov was caught trying to sell 100 grams of enriched weapons grade uranium for $1 million. Georgia says it foiled uranium sale By Margarita Antidze TBILISI...
Countries that rely only on oil as a source for their energy, will be in big trouble in few years time. The sooner these countries realise this and take action the better it is. The answer is alternative energy, be it Ethanol, Solar, Wind, Liquid Coal, Hydroelectricity, Geothermal or Ocean thermal energy.
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Alternative energy is still a big question mark in U.S.
