Another big loss for Australian uranium miner Paladin
Uranium group Paladin’s loss widens, Business Report August 30 2012 Australian-listed Paladin Energy‚ a uranium producer with projects in Australia and two operating mines in Africa‚ delivered a net loss for the year to June 30 of US$172.8m‚ an increase of 110% from the previous year’s US$82.3m loss. This translates into a loss per share of US21.1 cents form a loss of US11.1 cents the previous year. No dividend was declared.
Uranium mining collapsing in Australia, as uranium market fails
He [BHP CEO Marius Kloppers] said demand for uranium had collapsed after the Fukushima nuclear incident last year
The Olympic Dam and Yeelirrie shocks from BHP came hot on the heels of the decision by Canada’s Cameco to go slow on a development of its Kintyre uranium project in WA’s Great Sandy Desert
Barnett tells miner to sell asset to other developers BY: ANDREW BURRELL The Australian August 27, 2012 BHP Billiton has abandoned its controversial Yeelirrie uranium project in Western Australia, with chief executive Marius Kloppers saying the deposit is too small for the mining giant’s portfolio at a time of collapsing global demand. Continue reading
BHP ditches its monster uranium mine plan
At its peak, the mine was expected to consume more electricity than the city of Adelaide, and 100 Olympic swimming pools worth of fresh water every day.
Olympic Dam was too expensive.
South Australia will be fine. Mining accounts for a relatively small share of South Australia’s overall economy, and only 1 per cent of its employment.
the carbon emissions from Olympic Dam would have dwarfed all the gains in emissions reductions that South Australia has made in renewable energy in recent years
The Olympic Dam Delay Has A Silver Lining New Matilda, By Ben Eltham 23 Aug 12, Why did BHP Billiton halt the Olympic Dam mine? The project was just too expensive. The decision is good news for the South Australian environment, writes Ben Eltham
Picture a hole in the ground four kilometres long and one kilometre deep. Picture a manmade mountain of dirt next to it nearly as high — a mountain of dirt dug from the ground and heaped next to that hole, a new landmark on the South Australian horizon.
Picture a mega-project so large and so thirsty that it would have required a new baseload electricity generator to meet its power needs, and a new desalination plant hundreds of kilometres away on the coast to make the water it required.
Picture a mine so vast, it would have increased the world supply of Uranium by a third.
This was the vast edifice that was to be Olympic Dam — when finished, the largest mine in the world. Continue reading
Plan for world’s biggest uranium mine scrapped
The mine would have become the world’s biggest open cut copper and uranium mine at six kilometres long and one kilometre deep.
BHP cancels $30 billion Olympic Dam expansion near Roxby Downs in South Australian Outback Business Writer Meredith Booth AdelaideNow August 22, 2012 BHP Billiton has shelved its $30 billion Olympic Dam expansion and will go back to the drawing board to find a cheaper alternative…. Continue reading
Julian Assange’s mother gets Nazi taunt on Australian radio
Assange’s mother subjected to Nazi taunts The Age August 19, 2012 – Julian Assange’s mother has hung up the phone on a Melbourne radio host after he taunted her with a Nazi slogan when she backed out of an interview.
Christine Assange was due to speak to 3AW’s Sunday morning show about her son, the founder of whistleblower website WikiLeaks, and his successful appeal for asylum in Ecuador.
But she changed her mind after hearing how co-host John-Michael Howson had treated a previous guest.
“I won’t be doing an interview with you because you’re acting like a pig,” Ms Assange said. Howson responded by screaming on air: “Sieg Heil! Sieg Heil! Sieg Heil!”
Ms Assange then hung up the phone…… http://www.theage.com.au/national/assanges-mother-subjected-to-nazi-taunts-20120819-24g2f.html
Clear that USA pursues Julian Assange, while Australian government feigns ignorance
US in pursuit of Assange, cables reveal,The Age, August 18, 
2012, Philip DorlingAUSTRALIAN diplomats have no doubt the United States is still gunning for Julian Assange, according to Foreign Affairs Department documents obtained by The Saturday Age. The Australian embassy in Washington has been tracking a US espionage investigation targeting the WikiLeaks publisher for more than 18 months.
The declassified diplomatic cables, released under freedom of information laws, show Australia’s diplomatic service takes seriously the likelihood that Assange will eventually be extradited to the US on charges arising from WikiLeaks obtaining leaked US military and diplomatic documents.
This view is at odds with Foreign Minister Bob Carr’s repeated dismissal of such a prospect. Continue reading
Australians lead the world in distributed solar energy on housetops
Australians lead in fitting solar panels on homes, SMH, August 18, 2012 Ben Cubby AUSTRALIANS put more household solar panel systems on their roofs than anyone else in the world last year, new data from the Clean Energy Regulator and the International Energy Agency show. The statistic astonished many in the solar industry, given Australia’s small population compared with renewable energy market leaders such as European Union countries, China, Japan and the United States. Continue reading
Wikileakes revealed the collusion of USA and Australia against ElBaradei
US, Australia schemed against IAEA chief: cable BUSINESS RECORDER The United States and Australia schemed unsuccessfully in 2005 to block Mohamed ElBaradei’s election to a third term as head of the International Atomic Energy Agency, a newly leaked US diplomatic cable shows.
Both countries were unhappy with ElBaradei’s “unhelpful” response to Iran’s nuclear program, but the bid to prevent his re-election to the nuclear regulatory agency’s leadership ultimately failed for lack of international support. Continue reading
$39 billion loss for Australian uranium miner Paladin
Uranium mine lost K39 billion in 2011 , The Maravi Post, 10 Aug 12 BLANTYRE–The Kayekelera uranium mine in Karonga, which is operated by Paladin Energy Limited of Australia, lost K39 billion in nine months of operation ending March 2012 due to fluctuating prices of the commodity on the international market, the company’s top official has said.
Greg Walker, general manager for international affairs, told the Daily Times Business that the loss was a result of the historic earthquake in Japan that produced a Tsunami in March last year. Spot price for uranium oxide dropped from $75 (some K21, 000) to $47.50 (K13, 000) after the closure of Fukushima nuclear plant in Japan.
Walker said now the price is at $49.50 -K14,000 – saying this was below the direct cost of production at Kayelekera, the country’s biggest investment. Walket told the daily that Paladin have bankrolled $145 million–K41 billion- to keep the mine afloat… http://www.maravipost.com/malawi-news/society/1486-uranium-mine-lost-k39-billion-in-2011.html#.UCbaJ6FlT4Y
Australia’s inadequate nuclear safety agencies
Inadequate Safety Practices at Lucas Heights and Inadequate Regulation by ARPANSA, Friends of the Earth 10 Aug 12 Since 2007, a saga has been unfolding regarding contamination accidents at the Australian Nuclear Science and Technology Organisation (ANSTO), ANSTO’s handling of those incidents, ANSTO’s treatment of whistleblowers, the handling of the matter by the Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), and the independence or otherwise of ARPANSA.
The saga has exposed inadequate safety practices at ANSTO and an inadequate performance by the regulator ARPANSA. The problems would not have been exposed and partially rectified if not for a number of ANSTO whistleblowers.
A few snapshots of this saga are noted below and more details can be found on the Friends of the Earth website: Continue reading
Australia rejects proposal to base a US nuclear aircraft carrier group near Perth , The Independent, KATHY MARKS 03 AUGUST 2012 Australia, which tries to tread a fine line between supporting its closest ally, the US, and not upsetting China, its biggest trading partner, yesterday rejected a proposal to base a US nuclear aircraft carrier group near Perth,saying it did not want American bases in the country.
The idea was raised in a Pentagon-commissioned report by the influential Washington-based Centre for Strategic and International Studies, which suggested relocating a carrier and its support fleet from the US east coast to HMAS Stirling, an Australian naval base south of Perth, as part of a new strategic focus on Asia. Continue reading
Nuclear study unveiled ( Why did The Age remove this story from the Internet?)
The Australian government finally declassifies its most secret study of the potential impact on Australia of a nuclear war between the US and the former Soviet Union.
http://www.theage.com.au/opinion/political-news/nuclear-study-unveiled-20120803-23l9y.html
Nuclear study unveiled http://www.centralwesterndaily.com.au/story/169021/nuclear-study-unveiled/?cs=8 By Philip Dorling Aug. 4, 2012 More than three decades after it was written, the Australian government last week finally declassified its most secret study of the potential impact on Australia of a nuclear war between the US and the former Soviet Union.
Australia’s peak intelligence agency largely dismissed any danger to Australia from global radioactive fall-out or stratospheric distribution of smoke from burning cities.
In the top secret intelligence assessment released by the National Archives of Australia, the Office of National Assessments also questioned whether Australian cities would be targets for Soviet missiles, suggesting the US’ southern hemisphere ally would be a ”low priority” in a global nuclear exchange. But it acknowledged that direct attacks were a possibility.
USA to put nuclear weapons in Australia, and make the Australians pay for them?
Nuclear drumbeat grows as US eyes Australia, Crikey, by 
Harley Dennett , 2 August 2012 Australian policymakers could not be getting a clearer picture of what our US ally expects of us. Nuclear weapons and joint military bases aimed at containing our largest trading partner will, sooner or later, be put in our backyard — and we’ll be expected to pay for the privilege.
The Center for Strategic and International Studies report making headlines over a proposal to establish a US base in Perth to host nuclear-powered aircraft carriers and manned and unmanned ISR (intelligence, surveillance and reconnaissance) drones is but the first report commissioned by this Congress. The second — as revealed by Crikey in May — will focus on positioning nuclear force in the Pacific.
Defence Minister Stephen Smith’s denials overnight were revealed as word trickery by the comments of the US Deputy Assistant Secretary of Defense for Plans Robert Scher in Congressional hearings early this morning, who pointed out that “no US bases” really means they expect Australia and other allies to share the costs of hosting large numbers of American troops at these so-called “shared facilities”: Continue reading
Smith rejects proposal for US carrier base ABC Radio AM By Naomi Woodley August 02, 2012 Defence Minister Stephen Smith has flatly rejected a proposal to expand a naval base in Perth to accommodate US nuclear-powered aircraft carrier groups.
The idea for a $7 billion US carrier base on Australia’s Indian Ocean seaboard is one of many canvassed in a report commissioned by the US Defence Department from the Centre for Strategic and International Studies think tank.
Mr Smith says while increased US access to the HMAS Stirling base is on the cards in the long term, American aircraft carriers will not be based in Australia. ”The report is an independent report to the United States government. It’s not a United States government document,” he said.
“We don’t have United States military bases in Australia and we are not proposing to. What we have talked about in terms of either increased aerial access or naval access is precisely that – greater access to our facilities.” The West Australian Premier and Opposition Leader have also ruled out the aircraft carrier base idea………….
http://www.abc.net.au/news/2012-08-02/smith-rejects-us-base-proposal/4171086
How Julian Assange was framed
Australian TV Program Exposes Julian Assange Frame-up http://www.democraticunderground.com/101636930 http://www.wsws.org/articles/2012/jul2012/assa-j28.shtml “Four Corners”, an Australian Broadcasting Corporation current affairs program, this week broadcast what amounted to an exposé of the frame-up of WikiLeaks editor Julian Assange on allegations of sexual misconduct in Sweden. Assange remains inside the Ecuadorian embassy in London, seeking political asylum from the threat of being removed to Sweden, which would in turn facilitate extradition to the US.
The program provided substantial evidence that the allegations against him were false and politically motivated. The unproven accusations were used to blacken his name in Sweden and around the world, and counter the widespread public support that he and WikiLeaks had won for courageously exposing the crimes and machinations of the US and other powers.
Assange has still not been charged with any crime.
1 This Month
of the week– Nuclear Reactor Information Task Force
14 May – online event From Bombs to Data Centres: the Face of Nuclear Colonialism
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