Coal, uranium and gold stocks among the hardest hit as good times end BY:ROBIN BROMBY The Australian May 20, 2013 “…… Among those hardest hit are coal, uranium and gold. The base metal stocks don’t seem to have suffered to quite the same degree, although few stocks have come off less than about 60 per cent.
Among those with declines of more than 90 per cent since their peak are leading uranium stocks. In their case, their peak was back in 2007. Producer Energy Resources of Australia (ERA) has come down from $18.92 then to $1.04 now. Paladin Energy (PDN) hit $10.80 back in 2007 and now sits at 94c. Bannerman Resources (BMN) with its Namibia project was a star back then at a high of $4.14, now at 5.8c…..”
“We’re using the same techniques that you would use if you were screen printing an image on to a T-Shirt,” he says.
VIDEO Printing Australia’s Largest Solar Cells http://cleantechnica.com/2013/05/19/printing-australias-largest-solar-cells/#I2hPrL1dDL6WTXwD.99 20 May 13, Scientists have produced the largest flexible, plastic solar cells in Australia – 10 times the size of what they were previously able to – thanks to a new solar cell printer that has been installed at CSIRO. The printer has allowed researchers from the Victorian Organic Solar Cell Consortium (VICOSC) – a collaboration between CSIRO, The University of Melbourne, Monash University and industry partners – to print organic photovoltaic cells the size of an A3 sheet of paper.
According to CSIRO materials scientist Dr Scott Watkins, printing cells on such a large scale opens up a huge range of possibilities for pilot applications.
“There are so many things we can do with cells this size,” he says. “We can set them into advertising signage, powering lights and other interactive elements. We can even embed them into laptop cases to provide backup power for the machine inside.”….. Read more »
Uranium on the nose, The Motley Fool By Mike King - May 16, 2013 More than 26 months after the nuclear accident at Fukushima, Japan, the nuclear industry is still feeling the effects with depressed uranium prices and cost pressures that are squeezing margins……
The price for uranium has fallen 40% since Fukushima to US$40 a pound, as Japan suspended its fleet of nuclear plants, while Germany…
….. the uranium price could stagnate at current levels for many years, much like it did after previous nuclear incidents. Japan may not restart its reactors, preferring instead to seek other energy alternatives, and reactors currently under construction could still be cancelled or postponed.
That is not good news for ASX listed uranium miners Paladin, Energy Resources of Australia (ASX: ERA), Toro Energy (ASX: TOE) or Deep Yellow Limited (ASX: DYL). http://www.fool.com.au/2013/05/16/uranium-on-the-nose/
Audio The secret trade deal that could let multinationals sue states ’ http://www.abc.net.au/radionational/programs/breakfast/trade-talks/4689004 RN Breakfast Presented by Fran Kelly 14 May 2013 Cathy Van Extel The latest round of negotiations for the controversial Trans Pacific Partnership starts today in Lima, Peru. The TPP is a multinational trade deal involving 12 countries, including the US and Australia, and if finalised it will account for 40 per cent of the global economy. Cathy Van Extel reports that the outcome of the Australian federal election is likely to have a big impact on the terms of the deal. The latest round of negotiations for the controversial Trans Pacific Partnership is kicking off in the Peruvian capital of Lima today.
The TPP is a multinational trade deal involving 12 countries including the US and Australia. If finalised it’ll account for 40 per cent of the global economy.
The trade talks are heavily shrouded in secrecy—and critics are concerned the TPP will benefit multinational corporations at the expense of existing labour and social protections.
The US has been pushing for an agreement by October this year and the Australian federal election is likely to have a big impact on the terms of the major trade deal. The wide ranging trade deal has been under negotiation since 2010 behind closed doors, and that’s a worry for critics like Jane Kelsey, professor of law from the University of Auckland and an activist academic.
She says it’s being rushed through with no public scrutiny. Read more »
Of the profits made, Paladin, for instance rakes in about 80% and has a paltry 1.5% for the Malawi nation
Paladin says in one breath it paid over U$5.6 million in taxes to the Malawi government, and in its other breath through its published annual report, indicates it paid about U$9.3 million in taxes.
the British silently stole our uranium and left when their projections did not add up to their whims, and now we have the Aussies who are refusing to deal fairly.
Killing Malawians through the rotten extractives deals: The case of Paladin’s uranium mining http://www.nyasatimes.com/2013/04/24/killing-malawians-through-the-rotten-extractives-deals-the-case-of-paladins-uranium-mining/ Patricia Masinga, April 24, 2013 Malawi has in the few weeks been engaged by a plethora of stakeholders discussing strategies to revive, or more on the ground, reclaim the benefits that Malawians are been milked of by the so-called extractive industry multi-national corporations.
They call themselves investors, and government believes that the Malawi Development Goals (MDGs – who cares if it’s the second phase) will be boosted, particularly that mining alone through Kayerekera of Paladin Energy Limited group of companies (trading as Paladin (Africa) Ltd in Malawi?) could provide a large economic base.
But that is all a fat lie. Paladin and many other foreign multinational mining countries are least interested to contributing to the Malawi economic growth. They are here to milk the country – exploiting all that it has rich in minerals and dump us when the time is right even poorer.
Imagine, to screw Malawians of their rightful economic gains, the company, incorporated in Australia first listed on the Australian Stock Exchange (ASX) on March 29, 1994 under code ‘PDN’, and quickly changed its name from Paladin Resources NL to Paladin Resources Ltd in 2000 and listed under the Toronto Stock Exchnage (TSX) in Canada April 29, 2005, and again changed its name to Paladin Energy Ltd in November 2007 and listed on the Namibian Stock Exchnage on February 2008.
By such trends, one is compeled to question the motive, Read more »
Stuff to do with Hormesis, Paul Langley’s Nuclear History Blog, 25 April 13, “Addressing the South Australian Chamber of Mines and Energy in Adelaide, chair of the uranium company Toro Energy Erica Smyth said the true cost of coal was not yet being paid for by the community. She also said that there was a strong argument that some radiation “was good for you” …..” Adelaide Advertiser newspaper, August 13, 2011 page 7.
Smyth, representing her employer, a uranium miner, states that a “strong” “argument” claims that “some radiation” was “good for you”.
How much uranium is required to produce this “good radiation” ? And how is that “good radiation” to delivered to the people of this state? Via the milkman? The radiation emitted by uranium and its decay products have to be present within the human body to have any effect. How would a purchaser of the product know that the radiation emitted was “good”?
What are the “arguments” Smith refers to? She does not say.
How “strong” are these arguments? We don’t know, Smyth does not debate the issue, she merely states her position in relation to the “strong argument”. Smith is obviously all for the idea that “some” radiation is “good for you”. If one is not thinking, but listening as if the information were an advert for a desirable product, one might really want it……
The substances extracted by uranium mining consist of uranium and its decay products. So let’s have a look at these substances and the radiations they emit. Read more »
It is essential that appropriate environmental and human safeguards remain, and that uranium mining and milling remains within the definition of “nuclear actions” for the purposes of the EPBC Act. There is a clear need for federal oversight to ensure clear and consistent implementation of these measures
Medical Assocation for the Prevention of War (MAPW) SUBMISSION ON FEDERAL REGULATION OF URANIUM MINING, by Dr Margaret Beavis April 2013 The uranium mining industry is attempting to remove federal overview of uranium mining. MAPW Vice-President Dr Margaret Beavis has prepared this submission to the Productivity Commission arguing that federal oversight should remain, and noting that as risks to health and the environment become more apparent, radiation regulation is increasing internationally.:
It is concerning that the uranium industry has used the expression “mild radiation” to describe its radiological environmental impacts, when there is no regulatory basis or definition to use this term, potentially giving the impression that the levels of radiation in the uranium mining industry are without risk to the environment. The evidence is clear and unassailable that this is not correct. Furthermore, it is appropriate that uranium mining continue to be considered a ‘nuclear action’ as specified by the EPBC Act as the radioactivity derives specifically from nuclear decay processes. Tailings from uranium mining are radioactive for millennia, resulting in unique environmental considerations for every uranium mine.
The International Commission on Radiological Protection has determined that the dose coefficient for radon gas, one of the sources of radioactivity from uranium mining, needs to be doubled, indicating that it is actually thought to be double the previously estimated carcinogenic hazard.1. ARPANSA is currently in the process of revising dose estimates to workers. It follows that risks to others is doubled and makes it even more essential appropriate mitigation strategies are introduced. It also follows that the environmental risk is also increased. Read more »
WA GOVERNMENT TO MOVE LAST RESIDENTS FROM ASBESTOS TOWN ABC Radio National 3 April 2013 By:Catherine Van Extel The West Australian Government is looking to move a group of residents who continue to live in the deadly asbestos mining town of Wittenoom, in the Pilbara region of Western Australia. But while there are moves to finally clean up the toxic site, many continue to face the legacy of their time spent growing up in or visiting the notorious town.
The 1990 Midnight Oil song ‘Blue Sky Mine’ was inspired by Wittenoom and its deadly mining industry. It’s estimated that more than 20,000 people lived at Wittenoom before the mine closed in 1966.
Asbestos-related diseases have killed more than 2000 former workers and family members of Wittenoom, a death toll that continues to rise.
In 2007, the state government withdrew Wittenoom’s town status—disconnecting services like water and electricity—but a small group of residents stayed. Now the government wants them out in order to remediate the contaminated site. Read more »
WikiLeaks characterized the judge’s lecture as part of the Swedish government campaign against Assange, following Swedish Foreign Minister Carl Bildt’s recent visit to Australia.
“The head of Swedish Supreme Court campaigning on a case they expect to judge with $ from the embassy in the run up to an election,” the group wrote on Twitter.
Assange legal shakeup: Prosecutor walks, Supreme Court judge to speak out on case RT March 28, 2013 The lead Swedish prosecutor pursuing sexual assault charges against WikiLeaks founder Julian Assange is no longer handling the case, media reports revealed. Her departure comes as a top Swedish judge is set to speak publicly on the ‘Assange affair.’ Read more »
The price tag of the uranium deposits in Queensland, if all extracted and sold is about $10 billion. A pretty big chunk of cash, but worth only a paltry two years of tourism dollars that the Great Barrier Reef brings in.
To anyone who has looked in wonderment at the fish on a reef, this is not an “Australian issue”, this is an issue that speaks to how we want to leave the world to future generations. Our kids will remember visiting a reef teeming with tropical fish, turtles and fluorescent coral, but what will they remember if it isn’t there to be seen? They sure as heck won’t remember the quick buck made by uranium mining companies a few decades previous
Radioactive scuba diving a potential new Aussie destination sport http://www.vancouverobserver.com/city/outdoors/radioactive-scuba-diving-potential-new-aussie-destination-sport Kevin Grandia Mar 19th, 2013 Okay, I am exaggerating, but only slightly, but new anti-regulation laws have recently been passed in Australia that could mean uranium will be shipped out directly over this oceanic masterpiece of nature. Read more »
Small-scale energy storage project wins Australian Government backing PACE – Process and Control Engineering 22 March, 2013 Kevin Gomez Australian energy storage company Ecoulthas been awarded Australian Government funding through the Australian Renewable Energy Agency (ARENA).
The funds will be used to conduct small/ mid-sized storage project development using Deka UltraBattery technology to deliver cost effective storage solutions for homes and businesses in Australia and around the world.
This pilot will develop a battery storage system prototype for three types of deficit charge/distributed energy applications:
- Off-grid renewable power solutions (Remote Area Power Supply);
- Distributed grid connected storage to support voltage and power fluctuations that arise where there is dense concentration of small roof-top solar installations in residential areas; and
- Hybrid generation (such as diesel plus renewables) to improve fuel efficiencies.
Ecoult CEO John Wood said the ARENA grant was a strong vote of confidence in the Australian-invented technology……
The pilot project will extend the collaboration between Ecoult, its US-based parent company East Penn Manufacturing and the Commonwealth Scientific and Industrial Research Organisation (CSIRO).
Research partner CSIRO, which originally invented the Deka UltraBattery technology, will also play an important role in this pilot project, developing intelligent algorithms that improve the integration of Deka Ultrabattery units with the Solar PV panels and increase the value derived from each kWh of energy storage…… http://www.pacetoday.com.au/news/small-scale-energy-storage-project-wins-australian
World temperatures are rising, resulting in increasing mortality from heat stress. Or to put it another way, more people are dropping dead because it’s too damn hot. Unfortunately this is nothing new in Australia. Dropping dead from damn hotness has always been popular in these parts. Here in South Australia about 75 people currently die from it each year.
Other people building wind turbines or installing solar on their roofs can push down electricity prices for everyone and help prevent old people from dying when it’s too damn hot, but an excellent way to keep down electricity prices for the elderly is to put solar panels on the roofs of any old people whom you’d like to see continue to shuffle around on this mortal coil.
Rooftop solar is especially good for powering air conditioners as it produces the most electricity on hot, cloudless, summer days. It is particularly good for air conditioning when it faces west, or partially west, as then it can produce plenty of power all through the afternoon. It will produce less electricity when it’s cloudy, but it’s not so hot when it’s cloudy, so that’s not a real problem. And sure, it can still be hot after the sun goes down, but that’s not such a big deal if the house is already cool. No one is likely to die from it being too damn hot if they turn off their air conditioner at sunset.
For most Australians the feed-in tariff for new solar is now about 8 cents a kilowatt-hour. This means it will cost a person with a couple of kilowatts or more of rooftop solar perhaps 18 cents an hour to run a room air conditioner in a heat wave. Considering that ice-cream cones can cost $7.50 here, that’s a pretty good deal and only the most price sensitive of Australians would be too cheap to turn on the air conditioner at that cost.
With the enthusiastic connivance of the Australian Government (more precisely, prime minister Robert Menzies, who bypassed his cabinet), the British detonated about a dozen nukes in our backyard. More than 8000 servicemen were involved in the tests and the measures for their safety were perfunctory at best and criminal at worst.
‘Death ash’ rains on betrayed men, Courier Mail Terry Sweetman , The Sunday Mail (Qld) February 24, 2013
ONE of the great ironies of history is that the Japanese fishing boat that took 23 men into the fiery breath of America’s first hydrogen bomb was called the Lucky Dragon No 5.
That was on March 1, 1954, which is ancient history to most Australians, but there is a tragic echo right here and right now.
Lucky Dragon was fishing off Bikini Atoll, outside the declared danger zone, when the Castle Bravo thermonuclear device was detonated.
Oops. The blast was about twice as powerful as the boffins had calculated and the Lucky Dragon was showered with radioactive dust, which the Japanese poetically called death ash.
Soon the fishermen began to suffer nausea, pain and skin inflammation and, in September, radio operator Kuboyama Aikichi died.
It was a shocking incident but more shocking was the initial cover-up and official disinformation. Read more »
Ben Zygier didn’t betray his country. Ben Zygier was betrayed. Between his two home countries, he was placed in a situation he couldn’t deal with.
Israel allowed itself to cross three boundaries: a Mossad man was asked to retain Australian citizenship – leading to a dual-loyalty dilemma; the identity that he was instructed to use as a cover was his real Australian identity; and, worst of all, he was sent to operate in his homeland.
The prime minister must send a letter to the Zygier family – that have been broken by their son’s breakdown – saying, “Your son was not a traitor.”.
Ben Zygier was no traitor, he was betrayed, Haaretz, 22 Feb 13, By Sefi Rachlevsky He wanted to contribute to Israel and did not mean to betray both his homelands, or his father for that matter. Israel cast him into a situation from which he could only be liberated by death..
… The fundamentals of its [Israel's]power have not changed since David Ben Gurion established them: might, the support of friendly powers, the mobilization of world Jewry that can also influence their home countries, and the memory of the Holocaust. But the Zygier affair highlights how in an existential moment, Israel isn’t “only” immoral, but tramples arrogantly over these fundamentals without observing any boundaries…..
This is a very important research finding. For decades, women have been fed stories on how breast cancer is probably genetically caused. Each women is advised to look into the cancer background of her family. OK. Still a good idea.
So the cancer is supposed to be initiated from inside us. But how about environmental causes? How about the chemical bath in which we all swim? In food additives, in chemical sprays on fruit and vegetables. And how about ionising radiation – some from (often necessary) medical radiation, some from uranium, nuclear facilities, and atomic bomb testing.
We’re always being urged to donate to breast cancer research. How about some research into environmental causes of breast cancer?
Genetics not a factor in three-quarters of breast cancer cases Herald Sun, Susie O’Brien, 16 Feb 13, FAMILY history plays no role in breast cancer in three out of four women, a shock new Victorian survey has revealed.
Analysis of the breast screens of almost 20,000 women over two decades shows 72 per cent of women who got breast cancer had no family history of the disease.
The findings contradict the popular belief that genetics plays a key role in determining which one in nine women will get breast cancer….. http://www.heraldsun.com.au/news/victoria/genetics-not-a-factor-in-three-quarters-of-breast-cancer-cases/story-e6frf7kx-1226579439609
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