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INES Level 1 Nuclear Event — Pump incident at Belgian plant

Published: February 15th, 2013 at 2:52 pm ET

DMorgen (Google Translation), Feb. 15, 2013 at ~12:45p ET:
h/t Anonymous tip

New water pump incident […] After analysis, the incident was classified as a level 1 of the INES* scale (International Nuclear Event Scale) […] (Google Translation), Feb. 15, 2013 at ~1:30p ET:

Doel: technical incident at the nuclear […] The defect was classified at Level 1 (anomaly) on the INES scale (with 7 levels). A pressure difference was found on a turbopump unit 2 of the Doel nuclear power plant, announced Friday the Federal Agency for Nuclear Control (FANC) on its website.

*The [INES] International Nuclear and Radiological Event Scale is a worldwide tool for communicating to the public in an open and consistent way the safety significance of nuclear and radiological events –IAEA

It appears the last INES event involving a nuclear reactor was last April.

See also: AFP: Fires, radioactive fluid leak at French nuclear plant — Level 1 on INES scale… ‘provisionally’ — Small pools of burning oil


February 15, 2013 Posted by | Uncategorized | Leave a comment

The Economic Impact of a War Between Japan & China -Video – “News Art”


All news should be delivered using this method.. A very clever montage of images .. I recommend you view this!! [Arclight2011]
Published on Feb 11, 2013
Duration 5.28 mins

View full post:…

A major conflict between the region’s two largest economies would not only impose a harsh dilemma on U.S. diplomats, but also have a significant impact on the entire global economy. It is in every nation’s best interest that the Chinese and Japanese settle their territorial dispute peacefully.

February 15, 2013 Posted by | Uncategorized | Leave a comment

A very moving blog here.. with some interesting results for heavy metals contamination.. Double the expected cesium 137 levels than would be expected.. Where? USA!!

February 15, 2013 Posted by | Uncategorized | Leave a comment

Italian nuclear waste transport ship still awaiting work in Northwest Russia

Charles Digges, 14/02-2013


Two years after the € 70 million Italian-built spent nuclear fuel transport ship Rossita was launched as part of Italy’s international efforts to aid Russian nuclear remediation, the vessel has languished with absolutely no work commissions, and is currently in dry-dock for scheduled repairs.

Image courtesy of Barents Observer

The ship, which was built and given to Russia as part of Italy’s commitment to the G-8 Global Partnership program, under which the G-8 nations sought to donate $20 billion in funding toward Russian nuclear remediation projects over 10 years beginning in 2002.

Launched in Italy in 2010, the vessels Rossita transferred to Rosatomflot in 2011with the aim of transporting containers of spent nuclear fuel from submarines from storage sites in Northwest Russia, namely Andreyeva Bay and Severodvinsk.

When Atomflot took possession of the vessel in August2011, Rosatomflot director Vyacheslav Ruksha said the ship would begin removing container of spent fuel during the last quarter of 2012, according to the Barents Observer news portal, citing

Rosatomflot is responsible for operating Russia’s nuclear icebreaker fleet as well as their technical base Atomflot. Atomflot itself is used to re-load the parcels of spent nuclear fuel and radioactive waste it receives, and send it on for further storage.

Yesterday it was reported that not only has the Rossita been involved in no efforts to transport spent nuclear fuel containers, but that it was also in dry-dock at the Nerpa shipyard north of Murmansk for repairs to its drive system and crane to optimize them for use in Arctic conditions, said the Barents Observer, citing Nord-News.

Andrei Zolotkov, director of Bellona Murmansk said the repairs the ship is undergoing are normal, and must be performed every year or two, so nothing was out of the ordinary.

According to Nils Bøhmer, Bellona’s general manager and nuclear physicist, the fact the ship has not been used is not a matter of negligence but rather a matter of ill timing.

“Its arrival sort of fell outside the framework of the master plan for cleaning up spent nuclear fuel in Northwest Russia,” he said in reference to the cleanup plan developed by Moscow and European donors.

“The Russians were hardly going to turn down a free ship,” said Bøhmer. “But the Rossita, as a boat designed to carry only prepackaged spent nuclear fuel, is not the ship needed for a little while yet.”

For starters, he said that ongoing remediation efforts the notorious submarine spent nuclear fuel storage facility at Andreyeva Bay have not yet produced a packing plant for the spent nuclear fuel there.

Andreyeva bay is currently home to some 21,000 spent nuclear fuel assemblies housed in dilapidated and ageing storage tanks. The facility is located 60 kilometers from the Norwegian border and has long been an environmental concern for Oslo.

“The ship is needed to transport packaged waste from Andreyeva Bay to Murmansk for intermediate storage built by the UK by rail directly to Mayak,” Russia’s nuclear reprocessing site in the Southern Urals, said Bøhmer. “It’s arrival just fell outside the overall development of the master plan.”

Bellona Murmansk’s Zolotkov agreed.

“It’s a pity that preparation works for transportation of spent nuclear fuel and radioactive waste from Andreeva Bay took longer time than the construction itself of Rossita, he said. “The Rossita was constructed for these purposes. Now the ship is just awaiting for the cargo to transport,” he told the Barents Observer.

The one ship currently transporting contaminated waste from Nerpa and the former Russian naval base Gremikha to Murmansk is the aged Imandra nuclear service vessel.

But the Imandra, pointed out Zolotkov, is built for transporting spent nuclear fuel assemblies, unlike the Rossita, which is not designed to bear such loads.

February 15, 2013 Posted by | Uncategorized | Leave a comment

One Billion Rising

One Billion Rising.

February 15, 2013 Posted by | Uncategorized | 2 Comments

UPDATE 1-Turkey’s 1st nuclear plant to operate from 2019-Rosatom

2013-02-15 14:58 (UTC)

By Orhan Coskun

ANKARA, Feb 15 (Reuters) – Russia’s Rosatom plans to start construction of Turkey’s first nuclear power plant in mid-2015 and expects the facility to start producing electricity in 2019, its deputy general manager told Reuters on Friday.

‘Our work continues as predicted, there is no delay … The production of nuclear energy physically will start in 2019,’ Kirill Komarov said in an interview in Ankara.

Turkey plans to build nuclear plants over the next decade to reduce its dependence on imported oil and gas.

The $20 billion plant being built by Rosatom at Mersin Akkuyu on the Mediterranean coast will have four power units with a total output of 4,800 megawatts (MW).

Turkey is likely to overtake Britain as Europe’s third-biggest electricity consumer within a decade and is in talks regarding a second nuclear plant at Sinop on the Black Sea and also plans a third plant.

It has been in talks with companies from Canada, South Korea and Japan, as well as China, regarding the planned Sinop plant, and France has also announced it would like to be involved.

Komarov said Rosatom would be ready to work with more Turkish companies in the construction of the Akkuyu plant.



(Reporting by Orhan Coskun; writing by Nick Tattersall, Seda Sezer; editing by Jason Neely) Keywords: TURKEY NUCLEAR/RUSSIA

( Messaging:




Copyright Thomson Reuters 2013. All rights reserved.

February 15, 2013 Posted by | Uncategorized | Leave a comment

No chick sexers, please, but Britain needs more nuclear safety engineers

“British graduates from university courses were also too inexperienced to take on senior roles.

Nuclear safety engineers and mechanical engineers in the oil and gas industry were also put on the list as Prof David Metcalf, the committee’s chairman, warned the report raised “important issues concerning the continuing need to upskill British workers, particularly in engineering”.

Companies, universities and the government needed to work together to develop a joined-up strategy as the current programmes were “too fragmented”, he said.”


Britain could train its own chick sexers but could use more computer game designers and nuclear safety engineers from outside the EU, the Government’s immigration advisers have found.

No chick sexers, please, but Britain needs more nuclear safety engineers

Nuclear safety engineers and mechanical engineers in the oil and gas industry were also put on the list  Photo: AP

By Wesley Johnson, Home Affairs Correspondent

3:33PM GMT 15 Feb 2013


A review of the official list of important occupations that the British workforce cannot fill revealed there could be a shortage of engineers for the next 10 to 15 years if workers from outside the EU were stopped from taking those jobs.

The Migration Advisory Committee rejected proposals to automatically remove medical, engineering, nuclear and education jobs from the list after they had been on it for two years, saying the move would be “disproportionate”.

Overall, the number of specialist jobs which need to be filled by foreign workers is falling as a series of health sector posts were removed.

Among the more unusual requests, the committee rejected a call to enable firms to recruit “chick sexers”, workers who can earn up to £36,000-a-year segregating day-old chicks by gender, from outside the EU.

There was simply not enough evidence that a degree-level skill was needed for the job, in which 800 to 1,200 chicks are checked each hour for up to 13 hours, the committee said.

It added there was “no reason why a facility could not be established in the UK to train UK resident chick sexers”.

Computer game designers remain on the list as the committee found shortages “had been exacerbated by talented staff leaving the UK”.

Continue reading

February 15, 2013 Posted by | Uncategorized | Leave a comment

Russian nuclear officials report their sites unaffected by Chelyabinsk near-miss meteorite shower

The spokesman, who asked that his name not be used, added that “asteroids and meteorites are contingencies that are so rare they aren’t really planned for in terms of security measures.”


Charles Digges, 15/02-2013


Russian nuclear officials said preliminarily that the spectacular meteor shower that cut a swathe across southwestern Russia’s Chelyabinsk region, home to dozens of nuclear facilities including the Mayak fuel processing facility remained unscathed by the asteroid pieces that injured more than 400 people. The meteorite, however, hit a mere 90 kilometers south of Mayak.

The asteroid shower was seen as far from Chelyabinsk as Yekaterinburg, 250 kilometers to the north, according to Russian media reports and eyewitnesses, and rained debris across one of Russia’s most heavily industrialized areas.

“All of Rosatom’s facilities in the Urals region are working normally. They have suffered no consequences from the meteorite’s fall,” the state nuclear agency, Rosatom, said in a statement released within hours of the strike, which damaged factories, schools and residential buildings. The blast tore the roof off a zinc factory and shattered windows for kilometers around.

In an area as thickly populated by nuclear facilities as Chelyabinsk, Rosatom could be counted as lucky.

No emergency plans for asteroids

A Rosatom spokesman reached by Bellona today said that, “Our preliminary assessment is that no nuclear facilities were damaged – but there are several facilities in the affected area.”

The spokesman, who asked that his name not be used, added that “asteroids and meteorites are contingencies that are so rare they aren’t really planned for in terms of security measures.”  

A statement by the city administration of Chelyabinsk read that, “measurements have been made. Radiation levels in the city of Chelyabinsk are normal.” The city administration also urged people to stay indoors, accept to pick up children from school.

Area densely populated by nuclear facilities and contamination

The most infamous nuclear facility in the area, located in the hard-hit Chelyabinsk Region, is the Mayak nuclear-fuel processing plant which houses some 560 tons of spent uranium fuel, 30 tons of reactor grade plutonium and 500,000 tons of solid radioactive waste. It also stores unknown quantities of weapons grade uranium and plutonium.

Mayak was the site of a major accident in 1957 caused some of the worst nuclear contamination in the Soviet Union’s history, second perhaps only to the infamous Chernobyl reactor accident in the sheer volume of the radioactive emissions it released. The accident occurred when a waste storage tank exploded and showered radionuclides throughout the Southern Urals, leaving areas that are still heavily contaminated with radiation even today.

Other sensitive nuclear sites in the area include Lake Karachai – only some 60 kilometers from where the meteorite hit – which Mayak used as a liquid waste dumping facility for decades. Some 120 million curies of radioactivity are concentrated there.

The lake is now desiccated and summer winds carry radioactively contaminated dust particles into the air. An asteroid hit in the lake bed, said Igor Kudrik, an expert on Russia’s nuclear industry with Bellona, could severely exacerbate the amount of radionuclides blown into the atmosphere.

Likewise, the Techa River Cascade, into which Mayak has dumped so much liquid radioactive contamination over six decades that the river itself is considered nuclear waste, could also spread radioactive contamination were it hit by an asteroid.

Industrial reservoirs surrounding Mayak.

Local NGOsare lobbying for the entire river to be covered by a cement sarcophagus, a la Chernobyl’s exploded reactor No 4.

Other radioactive waste and spent nuclear storage sites that are speckled throughout the region could also have posed a danger.

Eyewitness accounts

Today’s meteorite hit was described in local media as a fireball streaking through the sky above the city of Yekaterinburg, followed by loud bangs. Chelyabinsk took the brunt of the impact.

The shockwave from the meteorite blew out windows and rocked a 19-story building in the center of Chelyabinsk.

Most of the some 400 injured suffered minor cuts and bruises from windows that were blown out by the hit.

But some received head injuries, Russian media report. They also indicate that some five to 10 people were taken in for critical care, including a postal carrier who suffered a heart attack after the blast.

“We saw a big burst of light then went outside to see what it was and we heard a really loud thundering sound,” Chelyabinsk resident Sergey Hametov told AP news agency by phone.

Another eyewitness, who was driving when the meteorite hit, told Bellona that the explosion “was as bright as the sun and followed by an intense heat wave – I thought it was a nuclear bomb.”

Asking that her name not be used, she said she was afraid the report from the blast would upend her car.

Officials say the asteroid showers were the result of a large meteor partially burned up in the lower atmosphere, resulting in fragments falling earthwards.

Video on link

February 15, 2013 Posted by | Uncategorized | 1 Comment

Asteroid 2012 DA14 set for record-breaking Earth pass -BBC

It will pass closer even than the geosynchronous satellites that orbit the Earth, but there is no risk of impacts or collisions.

Its closest approach will be 19:25 GMT.

By Jason Palmer Science and technology reporter, BBC News

Asteroid path infographic

An asteroid as large as an Olympic swimming pool will race past the Earth on Friday at a distance of just 27,700km (17,200mi) – the closest ever predicted for an object of that size.

It will pass closer even than the geosynchronous satellites that orbit the Earth, but there is no risk of impacts or collisions.

Its closest approach will be 19:25 GMT.

For regions in darkness around that time, it will be visible using good binoculars or a telescope.

The asteroid orbits the Sun in 368 days – a period similar to Earth’s year – but it does not orbit in the same plane as the Earth.

As it passes – at a blistering 7.8km/s (17,450 mi/hr) – it will come from “under” the Earth and return back toward the Sun from “above”.

As it does, it will pass over the eastern Indian Ocean, making for the best viewing in Eastern Europe, Asia and Australia.

But keen viewers anywhere can find one of several live streams of the event on the internet, including a feed from the Jet Propulsion Laboratory at Nasa, available from 19:00 GMT.

2012 DA14 was first spotted in February 2012 by astronomers at the La Sagra Sky Survey in Spain – once a fairly small-scale, amateur effort to discover and track asteroids that has in recent years become a significant contributor to our knowledge of these “near-Earth objects”.

Asteroid size infographic

They caught sight of the asteroid after its last pass, at a far greater distance.

From their observations, they were able to calculate the asteroid’s future and past paths and predict Friday’s near-miss – which will be the closest the object comes for at least 30 years.

Alan Fitzsimmons of Queens University Belfast said that it is a scientific opportunity not to be missed.

“When asteroids come this close, it’s very important to try to learn about them – it’s become so bright, so it’s so easy to study,” he told BBC News.

“We get an additional insight into these small objects, which are the most likely impactors on Earth.”

The notion that it is these smaller, tens-to-hundreds of metres-sized objects that pose the greatest potential threat to Earth is explored in the BBC feature article Can we know about every asteroid? .

For skywatchers in the UK, the graphic below indicates roughly where in the southern sky to try to spot 2012 DA14.

Asteroid path skymap

February 15, 2013 Posted by | Uncategorized | 1 Comment

Meteorite crash in Russia: UFO fears spark panic in the Urals (VIDEO, PHOTOS)

The Emergency Ministry reported that no civil aircraft were damaged by the meteorite shower, and that “all flights proceed according to schedule.” No local power stations were damaged, either.

Residents of the town of Emanzhilinsk, some 50 kilometers from Chelyabinsk, said they witnessed a flying object that suddenly burst into flames, broke apart and fell to earth. A black cloud was reported hanging above the town.

Published: 15 February, 2013,


A series of explosions in the skies of Russia’s Urals region, reportedly caused by a meteor shower, has sparked panic in three major cities. Witnesses said that houses shuddered, windows were blown out and cellphones stopped working.

Atmospheric phenomena have been registered in the cities of Chelyabinsk, Yekaterinburg and Tyumen.

Lifenews tabloid reported that at least one piece of the fallen object caused damage on the ground in Chelyabinsk. According to preliminary reports, it crashed into a wall near a zinc factory, disrupting the fiber-optic connections of internet providers and mobile operators.

Witnesses said the explosion was so loud that it resembled an earthquake and thunder at the same time, and that there were huge trails of smoke across the sky. Others reported seeing burning objects fall to earth.

Police in the Chelyabinsk region are reportedly on high alert, and have enacted the ‘Fortress’ plan in order to protect vital infrastructure.

Office buildings in downtown Chelyabinsk are being evacuated. Injuries were reported at one of the city’s secondary schools, supposedly from smashed windows. No other injuries have been reported so far.

An emergency message published on the website of the Chelyabinsk regional authority urged residents to pick up their children from school and remain at home if possible.

Screenshot from YouTube user Gregor Grimm
Screenshot from YouTube user Gregor Grimm

The regional Emergency Ministry said the phenomenon was a meteorite shower, but locals have speculated that it was a military fighter jet crash or a missile explosion.

“According to preliminary data, the flashes seen over the Urals were caused by [a] meteorite shower,” the Emergency Ministry told Itar-Tass news agency.

The Emergency Ministry reported that no civil aircraft were damaged by the meteorite shower, and that “all flights proceed according to schedule.” No local power stations were damaged, either.

Residents of the town of Emanzhilinsk, some 50 kilometers from Chelyabinsk, said they witnessed a flying object that suddenly burst into flames, broke apart and fell to earth. A black cloud was reported hanging above the town.

Witnesses in Chelyabinsk said the city’s air smells like gunpowder.

Screenshot from YouTube user Gregor Grimm
Screenshot from YouTube user Gregor Grimm

Many locals reported that the explosion rattled their houses and smashed windows.

“This explosion, my ears popped, windows were smashed… phone doesn’t work,” Evgeniya Gabun wrote on Twitter.

“My window smashed, I am all shaking! Everybody says, that a plane crashed,” Twitter user Katya Grechannikova reported.

Many speculated on what caused the powerful explosion – some claimed it was a crashed plane, while others said it could have been a UFO.

“My windows were not smashed, but I first thought that my house is being dismantled, then I thought it was a UFO, and my eventual thought was an earthquake,” Bukreeva Olga wrote on Twitter.

It is believed that the incident may be connected to asteroid 2012 DA14, which measures 45 to 95 meters in diameter and will be passing by Earth tonight at around 19:25 GMT at the record close range of 27,000 kilometers.

Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow
Still from YouTube video/fed potapow


VIDEO HERE with updated info.. …Russian air force shot the meteorite down and damage to building and communications infrastructure…. more…..

February 15, 2013 Posted by | Uncategorized | 1 Comment

Snapshot of the week’s nuclear news

Christina Macpherson's websites & blogs

Christina Macpherson’s websites & blogs

A big promotion for “small nuclear reactors” – but – read between the lines – even the proponents admit that they are untested, and just as expensive as large ones.

Uranium companies advised to get out of Africa – seeing that African nations will now probably demand fair treatment (we can’t have that, can we? It’s not profitable)

Europe’s nuclear industry in palliative care, or worse, as Czech Republic joins long list of failed nuclear projects. Finland is embarrassed at super costly ever-delayed Olkiluoto new nuclear plant. UK government writhing about as it plans subsidies that don’t look like subsidies for nuclear power

USA: A bit of positive news, as Obama states his aim and plans for climate change action, and renewable energy.

North Korea: public exultation at announcement of  a nuclear test, but features of this test are not clear, due to the secrecy of this State, and no radiation being detected.

India: France’s President Sarkozy goes to India to promote sales of French nuclear technology, but greeted by anti nuclear protest, and burning of French flag.

Fukushima: worrying radiation and cancer news filters out, despite media censorship in Japan, and in global mass media.  70,000 US navy personnel were exposed to Fukushima radiation, and many are ill.


February 15, 2013 Posted by | Christina's notes | Leave a comment

Can citizen journalism change the world? – Amnesty, Witness and Storyful and CJs: Truthloader LIVE

Streamed live on Feb 14, 2013

The explosion in digital technology has transformed the way news is reported — there no longer needs to be a professional journalist anywhere near what’s happening for the story to get out.

Now that everyone is a potential journalist, it’s harder than ever to keep abuses of power a secret, whether that’s torture by Assad’s thugs, or police brutality during demonstrations on the streets of London.

So what do you think? Can citizen journalism change the world? Or will their voices ultimately be ignored by traditional media? Or perhaps we’re entering a new era of collaboration between professional journalists and committed citizens on the ground?

Truthloader joined Tim Pool, Faisal Kapadia, Madeleine Bair (Witness), Majed Abusalama, Della Kilroy (Storyful), Michael Cohen (Rawporter) and Christoph Koettl (Amnesty International) to discuss these issues.

Our guests on Twitter:

Majed: @majedabusalama
Christoph: @ckoettl @amnesty
Madeleine: @madbair @witnessorg
Tim: @timcast
Della: @dellakilroy @storyful
Faisal: @faisalkapadia

February 15, 2013 Posted by | Uncategorized | Leave a comment

They’re untested, they’re just as expensive – small nuclear reactors

Nuclear energy: Flexible fission,,  By Sylvia Pfeifer  14 Feb 13,  At the Baltic Shipyard in St Petersburg squats the hull of the Akademik Lomonosov. It is no ordinary ship. Once it is finished in three years’ time, it will be Russia’s first floating nuclear power plant.Two reactors, similar to those used in Russia’s nuclear-powered ice breakers, will each provide 35 megawatts of power. The floating power plant is one of several planned by the Kremlin to be anchored near towns or industrial sites……

Critics are wary, warning that floating atomic power stations would make an ideal terrorist target and be vulnerable to stormy weather and earthquakes. Others point out that even if smaller reactors had less fuel and were partly buried underground, there would be an increasing number of small facilities dotted across emerging markets, sometimes in places that lack the infrastructure to cope with emergencies….

Gates and Branson

multiple challenges remain.

There are questions over whether the regulatory regime and siting criteria should be relaxed for these reactors? There are also suggestions the plants could be run with fewer staff, helping to cut the costs even further.

Dame Sue Ion, a nuclear fuel expert and fellow at the UK’s Royal Academy of Engineering, says the first small modular reactors will, realistically, be sited on existing nuclear-licensed sites.

“It may be that the physical characteristics make it safer but you would still have to have all the safety arrangements and emergency planning in place,” she adds.

“You still have the same safety, proliferation and accident concerns,” says Doug Parr, chief scientist and policy director at campaign group Greenpeace UK. “You need capacity and supportive infrastructure to respond if there is an emergency.”

Then there is the issue of public acceptance. “To expect the general public to just accept them because they are small is pushing the point. It does not seem obvious to me,” Kevin Hesketh, senior fellow at Britain’s National Nuclear Laboratory,  told an industry conference last month…….. “Licensing and public acceptance – both have to be addressed. ..

The biggest challenge facing the model is simply that no one has done it. Nuclear also has a bad record on cost. At the same time, competition from renewables, which are becoming cheaper, is growing.

Dominic Holt, associate director, nuclear advisory, at KPMG, says “none of the positives have been tested yet”. Claims of cost and programme certainty are still unproven. Analysis of a range of available data show that the “levelised cost” – per MW/hour – of SMRs is still similar to that of a large reactor…

February 15, 2013 Posted by | Reference, technology | Leave a comment

France’s President Hollande greeted with anti nuclear protest in India

Hollande-salesAnti-nuclear protesters burn French national flag  Feb 15, 2013 TIRUNELVELI: Anti-nuclear protesters in Idinthakarai burnt the French national flag on Thursday condemning the visit of France’s president Francois Hollande to India.

A large number of men and women, who are staging a prolonged protest against the nuclear plant at Kudankulam, took out a march from Idinthakarai village in Tirunelveli district and burnt the French national flag.

A statement from People’s Movement Against Nuclear Energy (PMANE) said the French flag was burnt to condemn the visit of Hollande to India, to sign a contract pertaining to Jaitapurnuclear project at a time when hundreds of villagers were jailed for staging a protest against the project. The Jaitapur nuclear plant is being built with technological support from France.

This is the first visit of Hollande to India. His two-day visit is expected to end in signing of contracts worth several billions.

February 15, 2013 Posted by | India, opposition to nuclear, politics international | Leave a comment

Uranium mining companies might not be able to rip off African countries any more

it’s not acceptable” that Niger’s most
valuable export only contributes about 5 percent to the nation’s
annual budget.

Increased revenue for Niger may come in the form of more mining
taxes, royalties or even a stake in AREVA; any of those options would
lower returns for investors and discourage future investment

Investment analysts are advising those with resource investments in
Mali to get out while they can

thumbs-downMali, Niger Unrest Highlights Need for Uranium Asset Diversification
February 14, 2013,   By Melissa Pistilli  Uranium Investing News
France’s military intervention in Mali, its former West African
colony, highlights industrialized nations’ supreme need to secure
access to economically strategic assets — in France’s case, uranium.
That theme will increasingly be seen playing out on the world stage
over the coming years. Continue reading

February 15, 2013 Posted by | Mali, Niger, politics international, Uranium | Leave a comment