2010 July « nuclear-news

International Atomic Energy Agency still hopes for deal with Iran

IRAN: Nuclear watchdog still hopeful of a deal between Tehran and the West, Los Angeles Times, 30 June 2010, The director general of the International Atomic Energy Agency, Yukiya Amano, flatly stated in a recent interview with the Los Angeles Times that a once much-touted deal between Iran and the international community on Tehran’s nuclear program wasn’t going to happen without big change.
The dormant deal, dubbed the TRR (short for Tehran research reactor), involved exchanging a chunk of Iran’s low-enriched uranium stockpile for fuel to power a medical reactor.

But that’s not to say there’s no possibility of some kind of compromise between Iran and the West on the controversial nuclear program, Amano said……….

IRAN: Nuclear watchdog still hopeful of a deal between Tehran and the West | Babylon & Beyond | Los Angeles Times

July 1, 2010 Posted by Christina Macpherson | general | antinuclear, nuclear, nuclear weapons | Leave a comment

Canada’s uranium likely to help India’s nuclear weapons

Worry grows over Sask. uranium exports, CBC News 1 july 20201, – Fears that Saskatchewan uranium may be used in weapons have been triggered by a newly signed export agreement with India.Prime Minister Stephen Harper signed a nuclear co-operation agreement on Sunday with Indian Prime Minister Manmohan Singh, who was in Toronto for the G20 summit. It allows for uranium exports to India and technological exchanges that could be worth billions to Canada’s nuclear industry.Ann Coxworth, of the Saskatchewan Environmental Society, said she fears the federal deal could make it possible for Saskatchewan’s uranium to end up in weapons.”We need to very seriously consider whether exporting uranium around the world is the kind of business that we should be in,” said Coxworth………..Coxworth said the environmental society is working to raise public awareness in hopes of stopping the India deal…..Canada stopped nuclear co-operation with India in 1974 after the government used plutonium from a Canadian reactor to build an atomic bomb. CBC News – Saskatchewan – Worry grows over Sask. uranium exports

July 1, 2010 Posted by Christina Macpherson | Canada, politics international | antinuclear, nuclear, nuclear secrecy, nuclear spin, nuclear weapons, uranium | Leave a comment

Investors pessimistic about uranium shares

Stalled price tanks stocks | The Energy Collective 29 June Uranium price likely to remain flat for next few years – falling prices”…..A review of 12 Canadian uranium mining stocks – three producers and nine juniors – show a dismaying trend since December 2009.
Every quarter FCW compiles tracking information on stock prices across a selected list of producers and juniors. The trends for these companies as of June 11, 2010, is an unmistakable dive from prior values. Of the 12 stocks on our list , seven have seen their prices drop by more than 20% and three have seen their stock prices drop by more than 10%……..

“The lack of movement of uranium price is the reason investors are not active. There is no incentive to invest if there is no movement in the underlying commodity.”

July 1, 2010 Posted by Christina Macpherson | business and costs, Canada | antinuclear, nuclear costs, uranium | Leave a comment