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Niger kidnappings induce uranium company Paladin to leave

Niger kidnappings puts Paladin Energy off NGM bid. Sep 24, 2010  SYDNEY,  (Reuters) – Australia-based uranium miner Paladin Energy is to drop its A$27 million ($26 million) bid for NGM Resources (NGM.AX: Quote), it said on Friday, citing worries that kidnappings in west Africa would hamper NGM’s exploration work in the region.
… The NRC renewed four arrangements for the exchange of technical information with Japan, Lithuania, Slovakia, and South Korea and initiated one new arrangement with Poland. In addition, the NRC renewed a Memoranda of Cooperation (MOC) for the import and export of certain radioactive sources with Canada and initiated a new MOC with Australia.

Agreements are typically renewed on a five-year basis. They represent a commitment of mutual interest in nuclear safety and facilitate bilateral activities and information sharing between the NRC and other countries. With the agreements signed at the GC, the NRC now has agreements in place with 41 countries.

The primary signers of the agreements were:

•Australia: Carl Magnus Larsson, President, Australian Radiation Protection and
Nuclear Safety Agency (ARPANSA);

Niger kidnappings puts Paladin Energy off NGM bid | Metals & Mining | Reuters

September 25, 2010 - Posted by | Niger, safety | , , , , ,

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