nuclear-news

The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Radiation hazard in too many CT scans for chest pain

CT Scans For Chest Pain? Study Questions Benefit For Patients HUFFINGTON POST, By MARILYNN MARCHIONE 07/25/12 If you’re having chest pains, an advanced type of CT scan can quickly rule out a heart attack. New research suggests this might be good for hospitals, but not necessarily for you. Continue reading

July 26, 2012 Posted by | health, USA | Leave a comment

Flat uranium market with more uncertainty about the industry’s future

Uranium, Two Pounds For A Benny International Business Times, July 24, 2012  By Andrew Nelson It was yet another dull week on the spot uranium market last week, marked by slim volumes and another minor price decline. As of Friday, a US$100 bill sporting the inscrutable face of Benjamin Franklin, will now buy you two pounds of uranium.

Industry analyst TradeTech reported just 3 transactions last week, with only 250,000 pounds changing hands. Also affecting trading was news that Honeywell will not restart production at its Metropolis Works conversion facility, operated by ConverDyn. The company said the plant could remain closed for as long as 12-15 months in order to
undertake safety upgrades ordered by the US Nuclear Regulatory Commission…….

Whether the news is relevant or not to the daily grind of the uranium spot trading, it certainly did a good job of introducing even more uncertainty into what remains a very tentative market. The end result of low volumes, at least one motivated sell and new uncertainly was a US$0.25 decline in TradeTech’s Weekly U3O8 Spot Price Indicator to US$50.00.

There was no activity and only a little demand in the term market. None of it was new and all of it is coming from non-US utilities. TradeTech’s mid-term and long-term indicators remained unchanged at US$54.00 and US$61.00 respectively….
http://au.ibtimes.com/articles/366001/20120724/uranium-two-pounds-for-a-benny.htm#.UBGVnGGe5dM

July 26, 2012 Posted by | 2 WORLD, business and costs, Uranium | Leave a comment

Keep Virginia’s ban on uranium, says Norfolk Council

Norfolk council backs uranium mining moratorium By Steven G. Vegh The Virginian-Pilot  July 25, 2012 NORFOLK The City Council called unanimously on Tuesday for a continuation of the state’s moratorium on uranium mining to safeguard rivers and reservoirs that provide Norfolk’s drinking water.

“This is a vote for us to stand up for the system and against anything that may somehow taint the quality of the water,” Mayor Paul Fraim said after the vote at the council’s regular meeting.

Fraim said the action intentionally echoed a similar resolution approved by Virginia Beach last month against mining and milling uranium ore…. Fraim said the city’s water system serves 700,000 people a day, including naval bases. “We’re very protective of that system,” he said, and cautious about anything that might interfere with the water quality.

July 26, 2012 Posted by | opposition to nuclear, Uranium, USA | Leave a comment