Uranium producers face a very uncertain future
investors may wonder whether Germany could be the first of many to pull the plug on nuclear projects. John Meyer, a commodities analyst at Fairfax, said: ‘The German pronouncement over the weekend was surprising and extraordinary and is a huge blow to the nuclear industry.’ He added: ‘If other countries follow Germany then the nuclear expansion forecast by uranium producers may be largely limited to the US and China
Geiger Counter: nuclear power vs nuclear peril, CityWire Money — by Rob Mackinlay Jun 02, 2011 Germany’s plans to ditch nuclear power this week failed to unnerve uranium investors but uranium focused investment trust Geiger Counter may become a power or a peril in an investor’s portfolio. Continue reading
Cloud of deception over Australian company’s plan for thorium wastes in Malaysia
Nuclear events and policies spell gloom for uranium stocks
political pressure continues to mount against nuclear energy…..Many countries have announced in-depth safety reviews of their nuclear reactors, placing moratoriums on any new plants in the near-term…...
Uranium sector hurt by Germany’s ban By Jonathan Ratner, Vancouver Sun, May 29, 2011 TORONTO – The uranium sector came under some selling pressure on Monday after Germany announced it will shut down all of its nuclear reactors by 2022, reversing a nuclear energy policy put in place in October 2010. Continue reading
Malaysia fight against Australian company dumping radioactive waste
Crucial questions remain unanswered especially regarding the safe disposal of radioactive waste…… officials from the nuclear watchdog would be pro-nuclear and therefore fail to produce a fair assessment of the Lynas plant.
Calls for local and environmental groups to be represented in the monitoring team have also gone unheeded…’Whatever their findings, our final agenda – which is our ultimate goal – is to stop Lynas.’..
Malaysia’s new rare earth plant provokes radiation fears – Monsters and Critics, By Julia Yeow May 29, 2011,Kuala Lumpur – In the quiet town of Gebeng in Malaysia’s central state of Pahang, a new rare earth plant has evoked fears of radiation contamination as residents desperately seek to stop the construction of the world’s largest such refinery. The 700-million-ringgit (233 million dollars) refinery is being constructed by Australia’s Lynas Corp, which plans to ship rare earth ore mined from Western Australia’s Mount Weld to the Gebeng plant by September. ……
Sheep Mountain Alliance has legal win in its battle against uranium milling
Denver District Judge Brian Whitney sided with the Telluride-based Sheep Mountain Alliance, which contends the Colorado Department of Public Health and Environment (CDPHE) may have violated various state and federal laws in issuing a permit for the mill. The lawsuit can now move forward…...
Denver district judge allows uranium mill lawsuit to move ahead, The Colorado Independent, By David O. Williams | 05.27.11 A Denver district judge this week rejected motions by the state of Colorado and a Canadian uranium mining company to throw out a lawsuit challenging the proposed Piñon Ridge Uranium Mill in Montrose County. Continue reading
AREVA neglecting France’s old radioactive uranium mining sites
Today, the site is the responsibility of Areva, a majority state-owned French multinational that builds nuclear power stations and manages uranium mines around the world……
France’s respected Independent Research and Information Commission on Radioactivity (CRIIRAD). is similarly critical of the situation. “These exposures are totally unjustified and levels should be reduced by properly redeveloping the site and removing radioactive material,”
Radiation fears surround France’s old uranium mines, Google News, By Simon Coss (AFP) 27 May 11, ROSGLAS, France — It looks like any other another leafy woodland path in Brittany, but campaigners say ramblers on this particular trail may face levels of radiation at least 10 times higher than normal. Continue reading
IAEA concerned about nuclear developments in Iran and Syria
AUDIO Nuclear Watchdog Details Concerns In Iran, Syria : NPR, 26 May 11, The International Atomic Energy Agency has released troubling new reports on the nuclear activities of Iran and Syria.The Iran report indicates the production of enriched uranium there is increasing and raises more questions about Iran’s possible research into the military applications of nuclear technology. Continue reading
Indigenous resistance to uranium mining, as Fukushima news continues
before the first pounds of yellowcake are harvested from the tundra, a fearful word has entered the debate: Fukushima. …..Sandra Inutiq chairs a group called Nunavummiut Makitagunarningit, which translates to “Nunavummiut can rise up” and she has opposed uranium development. In an interview, Ms. Inutiq warned that allowing uranium development will transform parts of Nunavut into “a wasteland of tailings.”….And, she added, Fukushima has raised the stakes, as Inuit contemplate the ethical implications of allowing uranium from their territory to be exported around the world –
Fukushima chills uranium development NATHAN VANDERKLIPPE, CALGARY— Globe and Mail , May. 19, 2011 It looked to be a nuclear renaissance set on Canada’s sub-Arctic plains.Over the past few years, a series of companies secured rights to remote stretches of Inuit land that hide rich troves of uranium. One project alone, the five mines that make up the Kiggavik proposal from French nuclear giant Areva, stands poised to increase Canada’s uranium output by 35 per cent. Continue reading
Navajo in Washington to fight uranium mining
Navajo group bringing attention to uranium mining, Forbes.com, By SUSAN MONTOYA BRYAN , 05.17.11, TALBUQUERQUE, N.M. — Members of a Navajo group opposed to uranium mining on New Mexico land surrounded by the sprawling Navajo reservation traveled to Washington, D.C., on Monday to bring attention to their fight.Eastern Navajo Dine Against Uranium Mining filed a petition with the Inter-American Commission on Human Rights on Friday. The petition alleges human rights violations and seeks to overturn the Nuclear Regulatory Commission’s decision to grant a mining license to Hydro Resources Inc…..The company has plans to develop claims near the Navajo communities of Church Rock and Crownpoint…..”We know the current governor isn’t particularly interested in listening to Native communities or protecting natural resources. We don’t see ourselves as having any recourse with the state,” said Eric Jantz, an attorney with the New Mexico Environmental Law Center, which filed the petition on behalf of the group.……Navajo group bringing attention to uranium mining – Forbes.com
41 organisations join to stop uranium mining in Virginia
“There are just too many questions and potential risks of radioactive and toxic materials contaminating our streams, rivers and drinking water. With all the storms and hurricanes we get, this is the worst possible place you could put a uranium operation.”
Coalition to keep the ban on uranium mining in Virginia growing statewide , THE GAZETTE VIRGINIAN, 15 May 11, An organization called Keep the Ban Coalition on Thursday launched a statewide effort to keep the existing ban on uranium mining in Virginia. Representatives on the coalition include the NAACP, Sierra Club, Southern Environmental Law Center and numerous activists from across Southside Virginia.The Keep the Ban Coalition said Thursday it has the support of 41 localities and organizations that have joined the growing statewide movement urging the Virginia legislature to resist an industry push to lift the state’s ban on uranium mining as early as next year. ncluded among supporters are the Halifax County Chamber of Commerce and Southside Concerned Citizens. Continue reading
Flawed analysis of risks of Grand Canyon uranium mining
“There is entirely too much risk, too many unknowns and too many identified impacts to justify threatening one of the most important U.S. landmarks and one of the most world-renowned national parks to justify the relatively small economic benefit associated with mining of uranium in the Grand Canyon region,”
Critics blast report on G. Canyon uranium mining, NewsTimes , May 15, 2011 FLAGSTAFF, Ariz. (AP) — Conservation groups and officials in a northern Arizona county say there are serious flaws in a new federal analysis of the risks and benefits of uranium mining near the Grand Canyon. Continue reading
Australian uranium companies take heavy losses
Risk fallout hasn’t left uranium stock, May 13, 2011, SYDNEY (MarketWatch) — Australian-listed uranium firms are sporting heavy year-to-date losses after the recent disaster in Japan, and while investors appear to be slowly returning to some shares, analysts say the risks haven’t gone away.
Further afield, Canada’s Cameco Corp. has seen its stock fall 37.1% year-to-date, while Uranium One Inc. shares are down 19.8% in Toronto. Continue reading
Navajo’s battle against uranium mining is to go to UN
The groups contend the mines, first permitted by NRC in 1999, could contaminate drinking water for 15,000 Navajo residents in and around the two communities, which lie just outside the Navajo Nation. In 2005, the Navajo’s tribal government passed a law prohibiting uranium mining within its borders….The United Nations also recognizes clean water as a human right
Navajo Group to Take Uranium Mine Challenge to Human Rights Commission, NYTimes.com, By APRIL REESE of GreenwirePublished: May 12, 2011 In a last attempt to deep-six a controversial project to mine uranium near two Navajo communities in northwestern New Mexico, a Navajo environmental group is taking its fight to the global stage.
Tomorrow, Eastern Navajo Diné Against Uranium Mining, with the help of the New Mexico Environmental Law Center, will submit a petition to the Inter-American Commission on Human Rights arguing that the Nuclear Regulatory Commission’s decision to grant Hydro Resources Inc., a license to mine uranium ore near Churchrock and Crown Point, N.M., is a violation of international laws.
The groups contend the mines, first permitted by NRC in 1999, could contaminate drinking water for 15,000 Navajo residents in and around the two communities, which lie just outside the Navajo Nation. In 2005, the Navajo’s tribal government passed a law prohibiting uranium mining within its borders.
“By its acts and omissions that have contaminated and will continue to contaminate natural resources in the Dine communities of Crownpoint and Church Rock, the State has violated Petitioners’ human rights and breached its obligations under the American Declaration of the Rights and Duties of Man,” the petition reads.
“We’re very hopeful,” said Eric Jantz, an attorney with the New Mexico Environmental Law Center who is filing the petition on behalf of ENDAUM. “I think we have very solid claims. It’s always been our client’s position that clean water is a human right.”
The United Nations also recognizes clean water as a human right, he added.
The groups cannot take their case to the Inter-American Court of Human Rights, which is separate from the commission, because the United States does not recognize the international court’s jurisdiction, Jantz said…….
Most of the uranium mining projects in New Mexico are being financed by Japanese and other Asian investors, as well as some in Russia, he said.
Navajo Group to Take Uranium Mine Challenge to Human Rights Commission – NYTimes.com
Financial and security problems in USA’s foreign owned uranium mines
Foes Highlight Companies’ Foreign Ownership in Bids to Halt Uranium Mining, New York Times, By MANUEL QUINONES, 4 may 11, Environmentalists trying to halt U.S. uranium projects are emphasizing the foreign ownership of mining companies. A key issue: Companies that mine uranium and other hardrock minerals do not pay royalties to the U.S. government. Several companies that mine or are seeking permits to mine U.S. uranium are based in Canada.
Those companies are “able to take this uranium off of U.S. soil without paying taxpayer compensations,” said Jane Danowitz, public lands director for the Pew Environment Group.
“It just goes to show,” Danowitz said, “that this is an issue that should raise concerns beyond environmental impacts.” Among the concerns being raised about foreign ownership of uranium companies is that U.S. uranium could end up in hostile hands. Republican lawmakers last year raised alarms over the Russian-owned company ARMZ taking control from Canadian interests of Uranium One Inc., which has significant U.S. operations.
“This transaction would give the Russian government control over a sizable portion of America’s uranium production capacity,” Sen. John Barrasso (R-Wyo.) told President Obama in a letter last December. “As you know, Russia has a disturbing record of supporting nuclear programs in countries that are openly hostile to the United States.”….. http://www.nytimes.com/gwire/2011/05/04/04greenwire-foes-highlight-companies-foreign-ownership-in-90317.html
Uranium mining threatens Grand Canyon’s water, and itseconomic viability
Polluting the Grand Canyon with uranium mines and radioactive tailings would have a drastic, negative effect on the area’s economic viability.
Uranium mining and Grand Canyon, Salt Lake Tribune, BY WALKER MACKAY 1 May 11, “……..Uranium mining in the Grand Canyon area will have a huge impact on the area’s watershed. The uranium excavation process known as “breccia pipe-type” results in ore and waste rock being piled on the land’s surface, where precipitation and run-off waters can transport it into the Grand Canyon via aquifers, springs, and drainages. There is a real potential for uranium contamination to occur in the creeks, seeps, and other tributaries that supply water to Grand Canyon National Park. Continue reading
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