The health toll of India’s uranium mining
India’s uranium mines expose villages to radiation, DW 25 June 14 India plans to source a quarter of its energy from nuclear power by 2050. But this ambitious goal could come at a cost. Radioactive waste from uranium mines in the country’s east is contaminating nearby communities…….Local activist Kavita Birulee says the villagers here are terrified of the radioactive waste. In Jadugoda, rates of cancer, miscarriages and birth defects are climbing…….
Health-related deformities
Just 40 years ago, Jadugoda was a quiet and lush green locality with no dust or radiation pollution. The people here lived a quiet rural life. But things changed when the Indian government started mining operations here in 1967.
Radioactive waste generated by three nearby government-owned mines has caused serious health-related problems in Jadugoda. The mines belong to Uranium Corporation of India Limited – or UCIL. They employ 5,000 people and are an important source of income for villagers in this relatively remote area. But the waste has put 50,000 people, mostly from tribal communities, at risk.
A recent study of about 9,000 people in villages near the mines has documented cases of congenital deformities, infertility, cancer, respiratory problems and miscarriages.
Nuclear scientist Sanghmitra Gadekar, who was responsible for conducting the survey on radioactive pollution in villages near the mines, says there was a higher incidence of miscarriages and still births.
“Also, laborers were given only one uniform a week. They had to keep on wearing it and then take it home. There, the wives or daughters wash it in a contaminated pond, exposing them to radiation. It’s a vicious circle of radioactive pollution in Jadugoda,” he said…….
Grim future
The mines are on the doorstep of the area’s largest city, Jamshedpur. If radiation pollution isn’t controlled, more people will be affected in the future. Local officials, however, are proud of their role in India’s nuclear defense industry.
Anti-nuclear pollution activist Xavier Dias has been trying to alert locals about the dangers presented by the mines.
“When you are talking about Jamshedpur, you are talking about a thousand ancillary industries, a huge population,” he said. “These are dust particles that fly around. They enter the water, the fauna, flora, the food system. And they are killers, but they are slow killers. They kill over generations.” http://www.dw.de/indias-uranium-mines-expose-villages-to-radiation/a-17730703
New design nuclear reactors will not need much uranium
New nuclear reactors ‘to need much less uranium’ The world’s nuclear watchdog has been told that new generation nuclear reactors will need much less uranium than those currently in service. SBS, Kerry Skyring and Zara Zaher World News Radio 25 JUN 2014
The comments came at a symposium on uranium and the nuclear fuel cycle which the IAEA is holding in Vienna. http://www.sbs.com.au/news/article/2014/06/25/new-nuclear-reactors-need-much-less-uranium
USA and France co-operating on the militarisation of Africa: Niger uranium
Uranium games in Niger and the US-Franco competition Andrew Korybko for RT June 11, 2014 The West has actively been making multidimensional inroads into Africa over the past decade, largely of a malignant nature. The US and its NATO allies are interested in market potential, energy prospects, and military engagement…….
Altogether, the US and France are closely cooperating in the NATO militarization of Africa during the “Second Scramble”. Despite being somewhat different in their approaches, they represent “two hands from the same magician” working behind the scenes to advance the Western interest there. Concurrently, as can be seen by the NSA spying directed against European “allies”, Washington does not place full trust in those that it cooperates with. Therefore, it is fully in line with America’s established track record of deceit to hedge itself towards a position of guiding influence over its partners, specifically France. In the event that Paris’ ambitions for power get the best of it and it once more “goes rogue” from Atlantic command, the US will play the Nigerien uranium card to enact maximum pressure on the country and force it back into the unipolar fold. http://rt.com/op-edge/165092-west-africa-uranium-games/
South Dakota’s community livelihood at risk from uranium polluted water
Uranium mine would affect more than West River http://www.argusleader.com/story/opinion/readers/2014/06/07/letter-uranium-mine-affect-west-river/10109709/ Kim C. Kraft Are you aware of the potential problem of uranium mining in western South Dakota to the rest of the state? Presently, there are more than 200 abandoned uranium mines leaching radioactive debris into our rivers. Radioactive residue from these mines can be detected as far as Vermillion. So it is not just a West River problem.
Now we have Powertech/Azarga, a China-based investment company, wanting to take vast amounts of water from two major aquifers of the Southern Black Hills for in situ mine leaching of uranium. Not only will they take the water from our ranchers, who desperately need it during the drought, but contaminating it for any future use by the ranchers and surrounding communities. With the Western states becoming dryer from prolonged drought, we cannot afford to waste clean water for the benefit of foreign countries. Our state government is allowing this. Our governor and Legislature have removed oversight and control over water usage in the Southern Black Hills, thus allowing the mining companies to use up precious clean water, pollute it and then leave with no responsibility to clean the mess up. They are putting our livelihoods on the line. Remember this for the November elections.
Uranium companies in a turmoil as analysts forecast prices staying low

Uranium stocks tumble after RBC takes axe to price forecasts,Financial Post Peter Koven | June 5, 2014 Uranium miners have offered a very consistent message to investors over the past couple of years: The short-term outlook is bad, but don’t worry, a lot more uranium is going to be needed down the road.
RBC Capital Markets Analysts agree. Only they think it will be a much longer road than most.
Analysts Fraser Phillips and Patrick Morton on Thursday sent shudders through the industry as they took an axe to their uranium price forecasts. They cut their 2014 spot price forecast to US$31.50 a pound, down from US$45. And it got worse from there. The 2015 target was cut to US$40 (from US$60), and targets for the 2016 to 2018 period fell to just US$40-US$45 from US$75-US$80. Not surprisingly, shares of every significant uranium company (including Cameco Corp., Paladin Energy Ltd. and Denison Mines Corp.) tumbled on Thursday.
The analysts believe the uranium market is going to be in surplus until 2021, which is far longer than most insiders expect. They blame continuing oversupply in the market.
“Active annual supply exceeds demand by a significant margin, and on top of that, significant excess inventories have been and continue to be accumulated post the Fukushima disaster, particularly in Japan,” they said in a note. It is no secret the uranium market is under pressure. The sector is still reeling from the Fukushima disaster in 2011, and approvals for Japanese reactor restarts are taking longer than expected. The spot uranium price recently fell below US$30 a pound for the first time since 2005…….
The RBC analysts pointed out that mine production has continued to grow during the past two years despite low prices, and that the Japanese restart process has stalled. They believe only four Japanese reactors will restart this year, and just 28 (out of 50) will be online by 2018…….http://business.financialpost.com/2014/06/05/rbc-annihilates-uranium-price-outlook/
South Dakota – take heed from Colorado’s bad experience with uranium mining
Colorado has ‘experience’ with uranium mines http://www.argusleader.com/story/opinion/readers/2014/06/03/letter-colorado-experience-uranium-mines/9942453/
uranium mines and prospects, Colorado has 387. While South Dakota has yet to experience an operating in-situ leach uranium mine (Powertech/Azarga is attempting to permit the first one 15 miles northwest of Edgemont), Colorado has experienced experimental in-situ leach uranium mining, which left elevated levels of gross alpha radiation, beta radiation, nitrate, ammonia and selenium in the underground aquifer. The contamination got worse after the mine was declared “restored.”Colorado has had enough. Colorado House legislators recently passed new regulations on uranium processing. The bill sets minimum standards for groundwater cleanups before a company can be let off the hook. It also requires uranium and thorium mines to get a radioactive materials license from the state health department if they use a new process that involves injecting water into the mine’s rock formations.
Colorado state Representative Jared Wright, R-Fruita, said new mining technologies often pollute, despite promises to be safe and clean. “This bill is about protecting our citizens, those we are all here today to serve,” Wright said.
Let’s hope our legislators take heed and protect our water in 2015’s legislative session.
Wave of public resistance to uranium mining in Slovakia
Slovakia tightens regulation on uranium mining, Global Post, BRATISLAVA, June 3 (Xinhua) — As of June 15, uranium mining in Slovakia will be possible only if the inhabitants of the affected municipalities allow it in a referendum, according to an amendment to the Geological Act approved by Parliament on Tuesday…….Wave of resistance against uranium mining in Jahodna has emerged in Slovakia in last two years, with more than 100,000 people signing a petition to that effect. According to the new legislation, any company interested in mining will have to ask the six affected municipalities to hold a referendum…..http://www.globalpost.com/dispatch/news/xinhua-news-agency/140603/slovakia-tightens-regulation-uranium-mining
Doom and gloom now permanent for the uranium industry
We are heading for a uranium crisis , Investor Intel, June 2, 2014 by Robin Bromby“……Welcome to the “perma-gloom” with spot uranium now at $28.25/lb. But it really does portend a very troubling situation. We could be on the brink of a real uranium crisis, one that could have serious ramifications down the road. This is because, on top of all the doubts about nuclear post-Fukushima and the slowness of Japan to get reactors back on line, uranium is caught up in the general malaise affecting the mining industry ……….the uranium price has fallen by 30% over the past year. If it keeps falling, and it well might, more and more companies will either go into hibernation mode or quit the sector all together ……..
A surer sign that all is not well can be evidenced from an ominous trend — exploration companies quitting the sector. Others are making cuts: Cameco closed its Cheyenne office, while BHP Billiton has deferred its expansion at the world’s biggest uranium deposit, Olympic Dam in South Australia. Australia’s Paladin Energy (ASX:PDN) has put one of its mines, Kayelekera in Malawi, on care and maintenance.
Back in 2007-8, after spot uranium hit $137/lb, this was the place to be. Suddenly every mining explorer was keen to be in the uranium hunt. At one stage, more than 260 companies listed on the Australian Securities claimed to have uranium projects (many of them in what the Canadian miners call “moose pasture”).
Now, it seems, those small number remaining can’t wait to get out. FYI Resources (ASX:FYI), which got into uranium after quitting the eye care business (it’s previous name was Freedom Eye) in 2009, is now concentrating on potash in Thailand. Uranex (ASX:UNX) is staying in Tanzania, but has put its uranium on the back-burner in order to pursue graphite.
But possibly the most startling change was reported today. Junior United Uranium (ASX:UUL) which has six projects in Western Australia [and A$3.41 million in the bank as at March 31] is getting out of uranium and into — wait for it — property development.You can’t exactly blame the directors. The shares are trading at a discount to the company assets (the market capitalisation being just A$2 million), all its projects are early-stage ones that will require considerable sums to explore and may not turn out to be viable, no one is investing in the sector, the uranium price is depressed as is the resource sector generally.
Just two weeks ago another uranium explorer working in Western Australia, Prime Minerals (ASX:PIM), signalled it was changing direction. It is merging with Cocoon Data Holdings which has data security software. The news lifted Prime’s stock from A0.9c to A2.2c.
Back in 2007, announcing you were getting into uranium could see your stock price double. Now announcing you’re switching focus away from uranium does the trick. This is not a good trend. http://investor
US tax-payer is propping up the uranium industry
THE GOVERNMENT IS PROPPING UP THE URANIUM INDUSTRY AND WE’RE PAYING FOR IT http://www.esquire.com/blogs/politics/white-mesa-uranium-mill-lawsuit-053014 The Department of Energy is promoting uranium mining at places like the White Mesa Mill and is tasked with the pricey cleanup. By Leslie Macmillan on May 30, 2014
The Grand Canyon Trust, an environmental group, has sued the operator of America’s last conventional uranium processing mill, saying its vast piles of spent ore and radioactive waste emit dangerous levels of radon and other toxins that violate the Clean Air Act.
The group and other critics of the White Mesa Mill near Blanding, Utah say it is a poorly disguised nuclear waste dump that would have gone out of business long ago were it not propped up by a lucrative federal contracts.
The uranium market has declined in the wake of the Fukushima meltdown. To stay alive in a depressed market, Energy Fuels Resources, the mill’s operator, recycles mine tailings and radioactive waste — known as “alternate feed” — from Superfund sites around the country. The mill extracts any remnants of uranium from the waste then sells the concentrated, purified uranium, called yellowcake, to its customers, some of which are government-owned utilities obligated to buy White Mesa yellowcake at prices far higher than the $35 a pound it is currently fetching on the spot market. The leftover waste, a toxic stew of industrial chemicals, is stored in open pits called impoundments.
Energy Fuels spokesperson Curtis Moore said the issues raised in the lawsuit “are either inaccurate or have already been addressed through the proper regulatory channels.”
Taylor McKinnon of the Grand Canyon Trust says he hopes the lawsuit will “rip the mill from the rat’s nest of bureaucrats who have been protecting the status quo.”
The mill, he and other critics contend that uranium mining, milling and cleanup has become a virtual cottage industry — one orchestrated largely by the federal government.
During the Cold War period of 1940s through the 1980s, uranium was mined extensively in the Colorado Plateau to supply critical materials for the nation’s nuclear weapons program. The U.S. Department of Energy manages the nation’s surplus uranium and much of the cleanup of old processing mills.
Travis Stills, an energy and conservation law attorney, argues that the DOE’s mandate to “provide a domestic supply of uranium” is outdated and wreaks havoc on environmental and human health. He also says it’s unnecessary. The DOE already owns a uranium stockpile worth $7 to $8 billion.
The DOE doesn’t want to sell off the stockpile, Stills argues, because that would drive uranium prices down. Instead, the government artificially inflates prices to keep the industry going, he says.
Energy Fuels also operates several mines at the Grand Canyon, despite the federal ban on uranium mining there, because it possesses old mining claims that were “grandfathered in.” The company said in December it planned to shutter its Pinenut Mine there as well as the White Mesa Mill in 2014 and potentially reopen them in 2015. It reversed that decision last month and announced it would continue mining, but stockpile the ore pending better market conditions.
Cleaning up uranium is not cheap. The DOE is spending a billion dollars to dispose of tailings at an enormous site near Moab — a cost “born by the taxpayer,” the Trust’s lawsuit points out. On the Navajo reservation alone, there are 500 abandoned uranium mines. The EPA estimates the cleanup cost would be in the hundreds of millions. An $18 million bond has been posted for cleaning up White Mesa Mill when it stops processing uranium — not nearly enough, Stills argues. He says the federal government — and the taxpayer — will be left holding the bag for that cleanup too.
Indeed, the DOE is slated to inherit White Mesa Mill for cleanup. Stills says that the department’s mission, to at once promote uranium mining and oversee its cleanup, is contradictory but that it keeps the agency employed. “It’s bureaucratic make-work,” he says. “As long as they keep making a mess, they’ll need to keep cleaning it up.”
Largest environmental settlement ever to clean up South Dakota uranium mine

Settlement gives $179 million to clean up abandoned uranium mine in Harding County, Rapid City Journal, 1 June 14, Used in the early years of America’s thirst for nuclear fuel, the Riley Pass uranium mine in Harding County was one of hundreds of sites mined to provide fuel for nuclear weapons and reactors.
Companies strip-mined the site, which sprawls across 250 acres of bluffs and other land in the North Cave Hills, about five miles east of the town of Ludlow about 130 miles northwest of Rapid City. In those days, there were no regulations forcing companies to clean up old mines.
“Back in the Cold War era, there was almost sort of a gold rush going on up there for uranium,” said Dan Seifert, a project coordinator for the Riley Pass mine with Custer National Forest.
But for the past 50 years, the mining site has been abandoned, and waste products known as spoils have sat exposed to the wind and rain. That allowed toxic metals and elements like arsenic, uranium, radium and thorium vulnerable to be carried away by the weather.
Now, a tangled series of court proceedings has resulted in a $179 million plan to clean up the majority of the mine site. That money is part of a settlement, announced last month by the U.S. Department of Justice and approved by a judge last week, required Anadarko Petroleum Corp. to pay a $5.15 billion settlement of fraud claims from a 2006 acquisition of Kerr-McGee. Continue reading
Countering the misinformation promoting Thorium Nuclear Reactors
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Thorium Nuclear Information Resources http://kevinmeyerson.wordpress.com/2012/04/26/thorium-nuclear-information-resources/ There is a rash of misinformation on the net about the supposed merits of the ‘new’ nuclear energy source on the block, thorium. I am sure that in a perfect world where nobody lies, thorium would be the perfect answer to the world’s energy needs as is claimed. This is unfortunately not the case.
Apparently, every time there is a new nuclear catastrophe, the thorium ‘miracle’ is promoted again as the ‘savior’ for the world. The Fukushima nuclear radiation catastrophe was not unique and the thorium misinformation artists have come out in droves. It’s the nuclear industry’s defense mechanism – create a new ‘safety myth’ that regular people can latch onto.
In reality, the thorium nuclear fuel cycle has been under development since the very early days of the nuclear industry. India, for example, has spent decades trying to commercialize it, and has failed. The US, Russia, Germany, and many others tried and failed as well. At best, thorium based nuclear power generation may be commercialized in a few decades.
I doubt it.
Fortunately, there are a number of independent trustworthy and expert sources of information on the internet regarding thorium nuclear. Here they are: Continue reading
Unpalatable price facts hit Wyoming’s uranium industry
Wyoming mines affected by low uranium prices Houston Chronicle, May 29, 2014 CASPER, Wyo. (AP) — Some uranium producers in Wyoming say they’re being affected by weak demand that has caused prices for the nuclear fuel to slip to their lowest level in eight years.
Spot prices for yellowcake are down to $28 per pound. That’s as low as they’ve been since 2006 and down from $75 per pound in 2011………
the current situation is that we have oversupply due to excess inventories,” said Rob Chang, an industry analyst at the New York-based investment firm Cantor Fitzgerald.
Wyoming is among the top uranium-producing states. Wyoming’s uranium mines employ a process of dissolving uranium out of underground deposits and then pumping the ore-containing solution to the surface through wells.
Uranium One has stopped drilling new uranium wells and laid off eight employees since last year, said Donna Wichers, Uranium One vice president for the Americas.
“At $28 a pound you can imagine what that is doing to us,” Wichers said……..http://www.houstonchronicle.com/business/energy/article/Wyoming-mines-affected-by-low-uranium-prices-5514120.php
The dismal history of USA’s failed thorium nuclear experiment
Thorium: the wonder fuel that wasn’t http://thebulletin.org/thorium-wonder-fuel-wasnt7156 Robert Alvarez May 2014, “Thorium-Fueled Automobile Engine Needs Refueling Once a Century,” reads the headline of an October 2013 story in an online trade publication. This fantastic promise is just one part of a modern boomlet in enthusiasm about the energy potential of thorium, a radioactive element that is far more abundant than uranium. Thorium promoters consistently extol its supposed advantages over uranium. News outlets periodically foresee the possibility of “a cheaper, more efficient, and safer form of nuclear power that produces less nuclear waste than today’s uranium-based technology.”
Early thorium optimism. The energy potential of the element thorium was discovered in 1940 at the University of California at Berkeley, during the very early days of the US nuclear weapons program. Although thorium atoms do not split, researchers found that they will absorb neutrons when irradiated. After that a small fraction of the thorium then transmutes into a fissionable material—uranium 233—that does undergo fission and can therefore be used in a reactor or bomb.
By the early 1960’s, the US Atomic Energy Commission (AEC) had established a major thorium fuel research and development program, spurring utilities to build thorium-fueled reactors. Back then, the AEC was projecting that some 1,000 nuclear power reactors would dot the American landscape by the end of the 20th century, with a similar nuclear capacity abroad. As a result, the official reasoning held, world uranium supplies would be rapidly exhausted, and reactors that ran on the more-plentiful thorium would be needed.
With the strong endorsement of a congressionally created body, the Joint Committee on Atomic Energy, the United States began a major effort in the early 1960s to fund a two-track research and development effort for a new generation of reactors that would make any uranium shortage irrelevant by producing more fissile material fuel than they consumed.
The first track was development of plutonium-fueled “breeder” reactors, which held the promise of producing electricity and 30 percent more fuel than they consumed. This effort collapsed in the United States in the early 1980’s because of cost and proliferation concerns and technological problems. (The plutonium “fast” reactor program has been able to stay alive and still receives hefty sums as part of the Energy Department’s nuclear research and development portfolio.)
The second track—now largely forgotten—was based on thorium-fueled reactors. This option was attractive because thorium is far more abundant than uranium and holds the potential for producing an even larger amount of uranium 233 in reactors designed specifically for that purpose. In pursuing this track, the government produced a large amount of uranium 233, mainly at weapons production reactors. Approximately two tons of uranium 233 was produced, at an estimated total cost of $5.5 to $11 billion (2012 dollars), including associated cleanup costs.
The federal government established research and development projects to demonstrate the viability of uranium 233 breeder reactors in Minnesota, Tennessee, and Pennsylvania. By 1977, however, the government abandoned pursuit of the thorium fuel cycle in favor of plutonium-fueled breeders, leading to dissent in the ranks of the AEC. Alvin Weinberg, the long-time director of the Oak Ridge National Laboratory, was, in large part, fired because of his support of thorium over plutonium fuel.
By the late 1980’s, after several failed attempts to use it commercially, the US nuclear power industry also walked away from thorium. The first commercial nuclear plant to use thorium was Indian Point Unit I, a pressurized water reactor near New York City that began operation in 1962. Attempts to recover uranium 233 from its irradiated thorium fuel were described, however, as a “financial disaster.” The last serious attempt to use thorium in a commercial reactor was at the Fort St. Vrain plant in Colorado, which closed in 1989 after 10 years and hundreds of equipment failures, leaks, and fuel failures. There were four failed commercial thorium ventures; prior agreement makes the US government responsible for their wastes.
Where is the missing uranium 233? As it turned out, of course, the Atomic Energy Commission’s prediction of future nuclear capacity was off by an order of magnitude—the US nuclear fleet topped out at about 100, rather than 1,000 reactors—and the predicted uranium shortage never occurred. America’s experience with thorium fuels faded from public memory until 1996. Then, an Energy Department safety investigation found a national repository for uranium 233 in a building constructed in 1943 at the Oak Ridge National Laboratory. The repository was in dreadful condition; investigators reported an environmental release from a large fraction of the 1,100 containers “could be expected to occur within the next five years in that some of the packages are approaching 30 years of age and have not been regularly inspected.” TheEnergy Department later concluded that the building had “deteriorated beyond cost-effective repair. Significant annual costs would be incurred to satisfy current DOE storage standards, and to provide continued protection against potential nuclear criticality accidents or theft of the material.”
The neglect extended beyond the repository and storage containers; the government had also failed to keep proper track of its stores of uranium 233, officially classified as a Category I strategic special nuclear material that requires stringent security measures to prevent “an unauthorized opportunity to initiate or credibly threaten to initiate a nuclear dispersal or detonation.”
A 1996 audit by the Energy Department’s inspector general reported that the Oak Ridge National Laboratory, the Rocky Flats nuclear weapons facility, and the Idaho National Laboratory “had not performed all required physical inventories ... the longer complete physical inventories are delayed, the greater the risk that unauthorized movement of special nuclear materials could occur and go undetected.” The amounts of uranium 233 that the Oak Ridge and Idaho national labs have reported in their inventories has significantly varied. Based on a review of Energy Department data, there appears to be an inventory discrepancy; 96 kilograms or 6 percent of the U-233 produced is not accounted for. The Energy Department has yet to address this discrepancy, which difference is enough to fuel at least a dozen nuclear weapons.
Uranium 233 compares favorably to plutonium in terms of weaponization; a critical mass of that isotope of uranium—about 6 kilograms, in its metal form—is about the same weight as a plutonium critical mass. Unlike plutonium, however, uranium 233 does not need implosion engineering to be used in a bomb. In fact, the US government produced uranium 233 in small quantities for weapons, and weapons designers conducted several nuclear weapons tests between 1955 and 1968 using uranium 233. Interest was renewed in the mid-1960s, but uranium 233 never gained wide use as a weapons material in the US military because of its high cost, associated with the radiation protection required to protect personnel from uranium 232, a highly radioactive contaminant co-produced with uranium 233.
For a terrorist, however, uranium 233 is a tempting theft target; it does not require advanced shaping and implosion technology to be fashioned into a workable nuclear device. The Energy Department recognizes this characteristic and requires any amount of more than two kilograms of uranium 233 to be maintained under its most stringent safeguards, to prevent “onsite assembly of an improvised nuclear device.” As for the claim that radiation levels from uranium 232 make uranium 233 proliferation resistant, Oak Ridge researchers note that “if a diverter was motivated by foreign nationalistic purposes, personnel exposure would be of no concern since exposure … would not result in immediate death.”
The end of an unfortunate era. After its 1996 safety investigation at the Oak Ridge National Laboratory, the Energy Department spent millions to repackage about 450 kilograms of uranium 233 that is mixed with uranium 235 and sitting in the lab’s Building 3019, and to dispose of diluted uranium 233 fuel stored at the Idaho National Lab. The Energy Department’s nuclear weapons program managed to shift responsibility for the stockpile in Building 3019 from Oak Ridge to the Office of Nuclear Energy, which envisioned using the uranium 233 to make medical isotopes. This plan fell apart, and in 2005 Congress ordered the Energy Department to dispose of the uranium 233 stockpile as waste.
Since then, the Energy Department’s Office of Environmental Management has considered uranium 233 disposal to be an unfunded mandate, disconnected from other, higher-priority environmental cleanup compliance agreements. After several fits and starts, including a turnover of four project managers in less than two years, the Energy Department’s disposition project “had encountered a number of design delays, may exceed original cost estimates, and will likely not meet completion milestones,” the department’s inspector general reported in 2010. The cost of the project increased from $384 million to $473 million—or more than $1 million per kilogram for the disposal of uranium 233.
In an effort to reduce costs, the Energy Department developed a plan to ship nearly 75 percent of the fissile materials in Building 3019, as is, to a landfill at the Nevada Nuclear Security Site by the end of 2014. Because such disposal would violate the agency’s formal safeguards and radioactive waste disposal requirements, the Energy Department changed those rules, which it can do without public notification or comment. Never before has the agency or its predecessors taken steps to deliberately dump a large amount of highly concentrated fissile material in a landfill, an action that violates international standards and norms.
In June 2013, Nevada Gov. Brian Sandoval and members of the state’s congressional delegation announced their opposition to the landfill disposition plan. Energy Secretary Ernest Moniz visited with Sandoval but did not back down from the landfill plan. Even though the Oak Ridge material in its current form meets the legal definition for radioactive waste requiring geologic disposal, the Energy Department has taken the position that the sweeping authority granted to it under the Atomic Energy Act allows the department to dispose of the fissile material however it pleases, regardless of the state’s objection.
The United States has spent nearly $10 billion to discourage practices like landfill dumping of fissile materials in the former Soviet Union, only to have the Energy Department try it at home. Heedless of the discrepancy between overseas and domestic disposal policies, the department’s agenda—which focuses on saving money on guards who would be needed to secure the uranium 233—is placing the United States in an impossible position when it comes to criticizing the nuclear materials security of other countries. So ends America’s official experience with thorium, the wonder fuel.
Iran has sharply reduced enriched uranium – IAEA report

IAEA Confirms: Iran Sharply Reducing Uranium Stockpile http://news.antiwar.com/2014/05/23/iaea-confirms-iran-sharply-reducing-uranium-stockpile/ 20 Percent Enriched Uranium Almost Used Up by Jason Ditz, May 23, 2014 Many of the contents of the IAEA report on Iran were already leaked the day before it came out, and the good news of Iran abiding by the P5+1 interim nuclear deal was as expected. There’s more to the report, however. One of the biggest pieces of data in the report shows Iran’s stockpile of 20 percent enriched uranium, the highest level they made, has sharply fallen as the nation continues to convert it into fuel for the Tehran Research Reactor.
Though 20 percent is far short of the level needed for nuclear weapons, it was repeatedly pushed by the US as a “threat,” and Iran stopped enriching at that level at the start of the nuclear deal. Only about 40 kg are left to be converted to fuel rods, a trivial amount. The Tehran Research Reactor, built by the US in 1967, provides materially all of the medical isotopes in Iran. The aging facility will eventually be replaced with a modern one using unenriched uranium, but in the meantime Iran has created what seems to be all of the fuel rods it can use for the conceivable lifespan of the facility.
Iran is now only enriching to 3.5 percent, the level used in the Bushehr Power Plant. Iran is in talks with Russia to build more power plants in the nation, with a deal for as many as 8 reported to be close.
Uranium – the ever losing investment
Not Even Godzilla Can Save This Uranium Stock Motley Fool B Rich Duprey 26 May 14 If Godzilla remains a cautionary tale about the perils of nuclear power, miner Cameco (NYSE:CCJ ) may be one for investing in the uranium industry. Its decision to withdraw its application to build and operate its Millennium underground uranium mine in Saskatchewan because of poor economic conditions in the uranium market shows that betting on an industry pure play remains a risky venture.

Investors counted on a convergence of factors to power up the uranium market and put down the critics, including:
- Japan reversing its ban on nuclear power following the Fukushima reactor meltdown.
- The hope that Germany would revisit its phase out of nuclear power by 2021, as coal remains a dirty word.
- Russian hegemony in the Ukraine creating instability in the gas market.
- The completion last year of the U.S. and Russia’s “megatons to megawatts” program that converted old nuclear warheads into fuel for reactors, effectively removing a large supply from the market.
Shares of uranium stocks enjoyed a run-up late last year on the belief that 2014 would jump-start a recovery. Between mid-October and mid-March, Cameco saw its shares appreciate some 50% in value.,,,,,,,,,,,
Yet, the promise of substantial gains didn’t hold up as uranium pricing continued to fall.
Japan, after all, has delayed restarting its nuclear reactors. Germany hasn’t made any movement to reverse its policies, and the uranium supply glut remains in place. Uranium prices hit eight-year lows, sliding to $29 a pound at the start of May, or levels not seen since 2005. They’re down 16% so far in 2014 alone. …..http://www.fool.com/investing/general/2014/05/24/not-even-godzilla-can-save-this-uranium-stock.aspx
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