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Chernobyl taking in money, giving out radiation

Chernobyl: Leaking radiation and sucking up Canadian money Thirteen years after Canada and other nations pledged $768-million to render the destroyed nuclear reactor safe, the cost has ballooned to $2-billion and the job still isn’t done
KievTHE GLOBE AND MAIL Doug Saunders  Feb. 03, 2010

Almost a quarter-century after its explosion killed hundreds and shocked the world, the Chernobyl nuclear reactor still sits crumbling amid an uninhabitable wasteland in northern Ukraine, still emits surprising amounts of radiation, and still absorbs vast amounts of money. Continue reading

February 4, 2010 Posted by | environment, Ukraine | , , , , , , | Leave a comment

Bleak prospects for uranium price

An Un-Happy New Year For Uranium2/02/2010 Nine MSN By Andrew Nelson January was tough on uranium, with U3O8 prices dropping more than 5%, or US$2.25/lb to $42.25/lb from the prior month. The price is now at its lowest level since March 2009.The fairly steady decline that has been seen over the past few months is primarily the function of supply and demand fundamentals, with a high availability of stock not being helped by increasingly low-priced supply and light, mostly discretionary demand………….with demand remaining discretionary in nature, buyers are only really moving to lock in lower prices. Unfortunately, this demand is being met by an ever increasing willingness on the part of some sellers to lower prices further in order to close sales.

An Un-Happy New Year For Uranium

February 4, 2010 Posted by | 2 WORLD, business and costs | , , , | Leave a comment

Nuclear power on the nose in Italy

‘We are against nuclear power and today in Rome most of the regions stood for this idea’.

Political risk for Italian nuclear  World Nuclear News 3 Feb 2010 Italy’s inter-regional body rejected the nuclear energy policy proposed by Silvio Berlusconi’s government during a late January session. Meanwhile, regional elections are approaching, giving rise to fears for Italy’s nuclear renaissance. Continue reading

February 4, 2010 Posted by | Italy, politics | , , , , , , , | Leave a comment

Westinghouse nuclear plans delayed in Florida and in India

Westinghouse says Florida nuclear units to be delayed US nuclear regulator action delays Florida units By C.J. Kuncheria, NEW DELHI, Feb 3 (Reuters) – Nuclear energy firm Westinghouse Electric, owned by Japan’s Toshiba Corp (6502.T), said regulatory issues would delay the starting of two reactors it is building in Florida by 1-½ to 3 years. Continue reading

February 4, 2010 Posted by | 2 WORLD, business and costs | , , , , , , , | Leave a comment

French bank pulls out of Bulgaria’s nuclear power plant

France’s BNP Paribas Quits Bulgaria Belene N-Plant Nuclear Reaction 4 Feb 2010 BNP Paribas SA, France’s largest bank by market value, who was hired by the previous Socialist government to help fund the construction of Belene nuclear power plant at the Danube river town, has ditched the project…. Continue reading

February 4, 2010 Posted by | business and costs, France | , , , | Leave a comment

Is Iran just playing for time on nuclear weapons?

Iran uranium offer dismissed by Europe as time-wasting The Guardian Julian Borger  3 February 2010 Officials say Ahmadinejad’s offer to export uranium in return for fuel rods was aimed at ducking threat of sanctions Continue reading

February 4, 2010 Posted by | Iran, politics international | , , , , | Leave a comment

Israel’s fear of Iran causing ‘nuclear chaos’

Deputy PM Ya’alon: Nuclear Iran could cause chaos in region Y Net 02.03.10,   Israel News Deputy Prime Minister Moshe Ya’alon (Likud) said at the Herzliya Conference that America’s “inability to act decisively to prevent Iran from becoming nuclear is now being exposed, and it appears that the current world order is based on organizations like the UN and the IAEA whose strength is in doubt.” Ya’alon said that a nuclear Iran could cause chaos in the region. (Yonatan Weber and Dudi Cohen)

Deputy PM Ya’alon: Nuclear Iran could cause chaos in region – Israel News, Ynetnews

February 4, 2010 Posted by | general | , , , | Leave a comment