Uranium shares plunge due to Al-Qaida terrorism in Niger
on September 16, forces associated with al-Qa’ida kidnapped the seven people employed by French uranium company Areva and its contractor, Vinci, from the town of Arlit in Niger’s uranium mining region.Areva has subsequently evacuated expatriate personnel and France has dispatched anti-terrorism forces to the region……
NGM Resources shares fall as Paladin bid is threatened * Michael Bennet The Australian * September 29, 2010 NGM Resources shares today plunged 43 per cent on the likelihood Paladin Energy’s takeover offer will fall through… Continue reading
AREVA’s chief heads to Niger as uranium mines security deteriorates
The warning said the security situation in the Arlit region — where Areva runs uranium mines and where the five French nationals, a Togolese and a Madagascan were kidnapped by Al-Qaeda linked militants — was deteriorating.
Hostage crisis: French nuclear boss heads to Niger, Google hosted news, (AFP) – 28 Sept 10, PARIS — The chairwoman of French state-owned nuclear giant Areva is to visit the firm’s operation in Niger, the company said Monday, after Al-Qaeda militants kidnapped several of her employees there.”Anne Lauvergeon plans to visit Niger soon,” a spokesman said, declining to confirm a report that she would travel on Thursday. The purpose of her visit is to visit Areva employees in the region, the spokesman said. Continue reading
Terrorist danger to France’s uranium mines in Niger
Earlier this year, the US warned that al Qaeda’s interest in nuclear weapons was still strong and said the risk of nuclear terrorism was serious.
France sees second attack on energy workers in West Africa, Oil & Gas Journal, Sep 27, 2010 By Eric Watkins,“……………The attack on the Bourbon Alexandre came just 6 days after members of the Al-Qaeda terrorist organization captured five French nationals in Niger’s uranium fields. Continue reading
Niger getting too dangerous for foreign nuclear companies
Western firms “that steal our wealth and take advantage of our people should know that they are legitimate targets for the mujaheddin and they should leave promptly because our land is not a field for plunder and our wealth is not something to be taken advantage of.”
NIAMEY, Niger, Sept. 24 (UPI) — Suddenly, the uranium mining industry is becoming a risky business, it seems.Islamic militants who kidnapped seven people at a French-owned uranium mine in Niger Sept. 16 have warned Western firms that “steal our wealth … to leave promptly.”… Continue reading
AREVA in trouble in Niger: Paladin uranium gets out
Paladin Energy Ltd: Defeating Conditions Triggered Regarding Bid for NGM Resources Ltd – MarketWatch, 25 Sept 10, ” On September 16, 2010, forces associated with al-Qaida in the Magreb (North Africa) (AQIM) entered the town of Arlit in Niger’s uranium mining region and abducted seven people, employed by the French uranium company Areva and its construction contractor, Vinci. Continue reading
Niger kidnappings induce uranium company Paladin to leave
Niger kidnappings puts Paladin Energy off NGM bid. Sep 24, 2010 SYDNEY, (Reuters) – Australia-based uranium miner Paladin Energy is to drop its A$27 million ($26 million) bid for NGM Resources (NGM.AX: Quote), it said on Friday, citing worries that kidnappings in west Africa would hamper NGM’s exploration work in the region. Continue reading
Low uranium price stops building of new plant
R3.5bn uranium project hit by price slump., Brendan Ryan , 22 Sep 2010 [miningmx.com] — CONSTRUCTION of the proposed R3.5bn Rand Uranium plant to be built near Randfontein could be delayed because of current low uranium prices
That’s according to Harmony CEO, Graham Briggs, who was replying to a question posed after his presentation to the Denver Gold Forum being held in Denver, Colorado. Harmony holds a 40% stake in the unlisted Rand Uranium into which it injected assets formerly belonging to the Cooke and Randfontein sections of the Randfontein mine including the high uranium grade Cooke tailings dump. Uranium prices have been depressed for the past 18 months….
Death of the Pebble Bed Nuclear Reactor
economic realities make any tangible future Pebble Bed as a major source of new energy largely imaginary.
(South Africa) Another feeble-headed nuke drops dead Harvey Wasserman September 24, 2010
For years “expert” reactor backers have touted the “Pebble Bed” design as an “inherently safe” alternative to traditional domed light water models. Now its South African developers say they’re done pouring money into it. Continue reading
For South Africa, more jobs in renewables than in coal
Renewable energy offers more jobs than coal | West Cape News, 24 Sept 10, Focussing on renewable energy initiatives would not only make South Africa more energy secure, it would create more jobs than alternative coal dependent scenarios and save hundreds of billions of rands over the long term. Continue reading
AREVA’s nuclear workers kidnapped by al-Qaida in Niger
Six of the seven hostages worked at a huge uranium mine in northern Niger run by French state-owned nuclear power giant Areva. The seventh was married to an Areva employee…….
France’s Sarkozy calls Niger kidnappings worrying By JENNY BARCHFIELD (AP) – 23 Sept 10, PARIS — French President Nicolas Sarkozy vowed on Wednesday to mobilize his government to free five French people abducted last week by an al-Qaida affiliate in Niger, calling it a “very serious and worrying affair,” Continue reading
Workers contaminated with radiation at South African nuclear plant
The Democratic Alliance has accused Eskom of mishandling the contamination and risking the health of workers.
Koeberg workers contaminated, News24: South Africa: News, 2010-09-20 Koeberg shut down due to corrosion Johannesburg – A total of 91 Eskom workers were contaminated with a small amount of radiation while doing maintenance work at the Koeberg power plant, the parastatal said on Monday. Continue reading
French nuclear giant AREVA struggles to clean up its dirty reputation in Niger
several NGOs have decried the French company’s rosy picture of its activities in northern Niger. The president of local NGO Aghir In Man, Almoustapha Alassane, has accused Areva of poisoning water and air near its mining sites, blaming uranium contamination for several “mysterious” deaths in the region.
Kidnapping comes as French nuclear giant Areva works on image, France24 , 17 Sept 10, The kidnapping of seven foreign nuclear employees in Niger comes as the French nuclear giant Areva is trying to improve its image in a region threatened by robbery, widespread resentment, and radical Islamism.”In nearly 40 years, Areva didn’t care at all for the locals. But in the last few years, Areva changed its strategy and started implementing development projects”, says Moussa Kaka, RFI’s correspondent in Niger. Continue reading
French AREVA nuclear workers evacuating from Niger kidnap area
The approximately 30 Areva expatriates in Arlit are all being evacuated to Niamey, the Niger capital and have the option of returning to France, an Areva press officer said Friday..
France suspects al-Qaida link in Niger kidnapping, PhillyBurbs.com:, 17 Sept 10, The Associated Press Authorities believe al-Qaida’s North Africa branch could be behind the kidnapping of five French nationals and two Africans in Niger, Continue reading
In Niger, AREVA’s nuclear workers kidnapped
Seven nuclear workers kidnapped as they slept, The Guardian, 16 Sept 10, French people working in Niger have been kidnapped along with one from Togo and one from Madagascar Associated Press in Paris
Five French people working in Niger have been kidnapped along with one from Togo and one from Madagascar, France’s foreign ministry said today.The seven, who were employees of the French nuclear reactor builder Areva and a subcontractor, were seized near the uranium-mining town of Arlit as they slept.
Seven nuclear workers kidnapped as they slept | World news | The Guardian
South Africa turning to solar energy technology
The country is increasingly turning to renewable energy source
SA to sell sunshine to potential investors, Times LIVE, Sep 16, 2010 By Reuters South Africa will test investor appetite for a solar park that could generate 5000 megawatts of power, according to the government. Continue reading
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