Uranium Resources share price plunges
NASDAQ downward movements in review: Penny Stock Live. 2 Aug 2010, Uranium Resources, Inc. (NASDAQ: URRE) plunged by 0.19% to close at $0.52 whereas overall traded volume stood at 1.73 million shares. Uranium Resources, Inc. (URI) is a uranium exploration, mine development and production company.
NASDAQ downward movements in review: (URRE, ALTH, CHINA, SONS, HERO) | Penny Stock Live
Legal action against uranium exploration
Conservation groups sue to block uranium exploration | The Salt Lake Tribune, 31 July 2010, A trio of Moab conservation groups has filed suit challenging a decision by the U.S. Forest Service to allow uranium exploration in the Manti-La Sal National Forest.The organizations — Uranium Watch, Center for Water Advocacy and Living Rivers — say the Forest Service gave Denison Mines Corp. permission to drill 16 exploration holes and two radon vent holes as part of an expansion of the Pandora Uranium Mine without doing a full environmental analysis.Their suit, filed Thursday in U.S. District Court in Salt Lake City, seeks to overturn the decision to allow the drilling.The U.S. Attorney’s Office had no comment on the lawsuit.Pamela Manson
Conservation groups sue to block uranium exploration | The Salt Lake Tribune
Depleted uranium – the “Trojan horse” of nuclear war
VIDEO
US and UK Forces Used Depleted Uranium (WMD) During The Iraq War! « Socio-Economics History Blog UK confirms using depleted uranium
US and UK Forces Used Depleted Uranium (WMD) During The Iraq War! « Socio-Economics History Blog, 30 July 2010 –, “……….Depleted uranium (DU) weaponry meets the definition of weapon of mass destruction in two out of three categories under U.S. Federal Code Title 50 Chapter 40 Section 2302. DU weaponry violates all international treaties and agreements, Hague and Geneva war conventions, the 1925 Geneva gas protocol, U.S. laws and U.S. military law. Continue reading
Uranium processing costs higher than estimated
The range was significantly higher than the informal federal estimate of $1.4 billion to $3.5 billion for constructing the planned Uranium Processing Facility...
Senator Says Uranium Plant Could Cost Billions More Than Planned NTI: Global Security Newswire, July 27, 2010 U.S. Senator Bob Corker (R-Tenn.) yesterday suggested the expense of building a highly enriched uranium processing center at the Y-12 National Security Complex in Tennessee might ultimately amount to between $4 billion and $5 billion, the Knoxville News Sentinel reported. (see GSN, Oct. 29, 2009).
The range was significantly higher than the informal federal estimate of $1.4 billion to $3.5 billion for constructing the planned Uranium Processing Facility……In a July 6 letter to Deputy Energy Secretary Daniel Poneman, acting Government Accountability Office head Gene Dodaro said his agency believed the plant’s cost might reach or surpass the $3.5 billion threshold, the Nuclear Weapons and Materials Monitor reported (Frank Munger, Knoxville News Sentinel II, July 26)………
Uranium processing costs soar
there are still “significant” issues hindering DOE from bringing projects to completion on time and within budget.
More questions about cost of UPF, Frank Munger’s Atomic City Underground | knoxnews.com, 26 July 2010, Todd Jacobson of Nuclear Weapons & Materials Monitor is reporting that the Government Accountability Office is raising concerns that the cost of the Uranium Processing Facility at Y-12 may reach or even exceed the top end of current estimates ($1.4 billion to $3.5 billion). Continue reading
Report on UK’s use of depleted uranium weapons in Iraq
“The UK Uranium Weapons Network (UWN) announced today that it has submitted its report on British military use of depleted uranium (DU) ammunition in the 2003 Iraq War to the Chilcot Inquiry.
Latest documents advocating the ban of depleted uranium. By Jerry Mazza, Online Journal, 23 July 2010, “…… recent documents gathered from reliable government and non-government sources. …. Continue reading
Video: UK’s use of depleted uranium weapons in Iraq
Reports emerge the UK used depleted uranium weapons in Iraq – RT Top Stories RT Top Stories, 24 July, 2010, 00:41Reports have emerged that the UK used depleted uranium weapons during the US-led invasion of Iraq in 2003. A UK defense official has reportedly admitted using highly controversial ammunition. Continue reading
Uranium industry ignoring the market’s gloomy realities
“Despite the low spot and term prices, uranium producers have shown almost no discipline by reducing current or planned output,”…Despite falling uranium prices, worldwide spending on exploration and mine development grew 133 per cent to $1.6-billion in 2008 from 2006, a
Rising uranium demand still can’t outpace supply, Brenda Bouw. CTV News , 22 July 2010, Uranium was all the rage during the last mining boom, when supply shortages spurred investors to drive up the price to record highs.Instead, in a repeat of a uranium runup in the late 1970s, the hype proved overblown, sending prices down sharply and leaving a glut of the silvery element on the market. Continue reading
Uranium prices set for further fall
Uranium Prices Have `Limited Upside’ With Market in Surplus, CRU Forecasts, Bloomberg, By Anna Stablum – Jul 21, 2010 Uranium supplies will exceed demand through 2012 and there is “limited upside” to prices for at least six months, London-based research company CRU said. Continue reading
Nuclear Regulatory Commission not concerned with weapons proliferation risks
a systemic flaw at the NRC: The commission does not conduct broad assessments of the proliferation concerns associated with licensing projects…….
Nuclear Licensing Process Raises Proliferation Concerns « The Washington Independent, NRC Not Required to Assess Proliferation Risks When Approving New Technology, By Andrew Restuccia 7/21/10 This Thursday in Wilmington, N.C., officials from the Nuclear Regulatory Commission, the government agency responsible for overseeing the country’s nuclear energy activities, are slated to present a report laying out the environmental impacts of a proposed uranium enrichment facility, a key step in approving the facility’s license. Continue reading
How workers’ uranium exposure levels can be fudged
levels of residual radiation at the site AFTER the structure itself was removed and buried in Piketon, Ohio, were used to approximate radiation doses of workers when it was in operation…..“there’s no reason to believe that host decontamination measurements would be meaningful to reconstruct doses 18 years earlier during operations.”
Panel Discussing Raising Huntington Radiation Exposure Levels at Atomic Plant Some Could Jump Ten Fold By Tony Rutherford, Huntingtonnews.net, 21 July 2010, Continue reading
You can buy uranium from Amazon?
Amazon can supply all your Uranium Ore needs, by Matt Burns on July 16, 2010, From the product description, We are always in compliance with Section 13 from part 40 of the NRC Nuclear Regulatory Commission rules and regulations and Postal Service regulations specified in 49 CFR 173.421 for activity limits of low level radioactive materials. Item will be shipped in accordance with Postal Service activity limits specified in Publication 52.$29.99 (make sure you read the reviews)
Uranium, asbestos: the continuing history of corporate denial
The uranium mining and nuclear fuel industries are just the latest in a long list of corporate deniers.
ETU STATE COUNCIL BANS MEMBERS FROM WORKING IN NUCLEAR INDUSTRY | Coober Pedy Regional Times, 17 July 2010, “….. Corporate denial of the dangers of various substances and products has a long history. Continue reading
Weak uranium market
DJ MARKET TALK: Uranium Weakness Drags Paladin Dow Jones Commodities Service 19 July 2010, RBS downgrades Paladin Energy (PDN.AU) to Sell from Hold, target price moved to A$3.20 vs previous A$3.52 and yesterday’s A$3.61 close after June quarter production report. ….. “We would need to see some life in the spot uranium market to change our investment view on PDN, as the stock is likely to go sideways or down while the uranium market remains weak.” (david.fickling@dowjones.com)
Why New Zealand ports should not allow uranium shipments
……the risks are there, and the risks are genuine. Accidents do happen, especially at sea. Fires can rage for days, and cargo can move around on board, splitting open containers. Our ports and our port workers are not equipped to deal with radioactive spills.
Feature Columnist: Gareth Hughes | Craccum, 19 July 2010, Recently, the Paranagua Express, carrying tonnes of radioactive uranium ore, was berthed at the Port of Auckland.. Continue reading
1 This Month
Shut down the radiation-damaged Heysham nuclear reactors now
To see nuclear-related stories in greater depth and intensity – go to https://nuclearinformation.wordpress.com
Say No to NASA’s Reckless Nuclear Reactor on the Moon
Say No to NASA’s Reckless Nuclear Reactor on the Moon
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