Thar be munnee in that thar yeller stuff!

From cradle to grave, there’s big bucks in the nuclear cycle:

From the National Post:

“We think that Fronteer should have a steady flow of exploration results through the year that may act as catalysts for the share price,” he wrote in a note.

Fronteer is teamed up with Teck Cominco Ltd. in Turkey and Newmont Mining Corp. in Nevada, giving it a pair of established partners. It also holds a 42% stake in Aurora Energy Resources inc., which has made significant uranium discoveries in Labrador. Mark O’Dea is chief executive of both companies.

“We think that using Fronteer as a vehicle to invest in Aurora is reasonable,” Mr. Schatzker noted.

From Investment U:

The yellow stuff that drives almost every reactor in the world – uranium – has reached a supply gap that dwarfs the wildest dreams of the most successful oil or coal investors. In fact, worldwide uranium demand already exceeds supply by 139%, and it could take a decade or more before mines are able to crank up production.

No wonder prices have jumped almost 500% in five years, from just $7 a pound in 2000 to well over $40 today. But with demand, especially from China, outstripping supply by tens of millions of pounds a year with no end in sight, prices should continue to skyrocket.

So how can you invest in this burgeoning market? This report will show you three proven strategies for investing in uranium to maximize your profit potential.

According to MSNBC:

Areva already makes $2.2 billion in revenues a year on treating and recycling waste. The plant at Beaumont-Hague takes in 22,000 tons of spent nuclear fuel a year, from France, Japan, Germany, Switzerland, Belgium, the Netherlands, Italy and Australia. The foreign fuel by law must be returned to its owners once it has been reprocessed into a more stable form that — through lack of alternatives — is buried or held in storage.

Meanwhile, children the world over suffer from inadequate healthcare.

Pre-Emptive Nuclear Strike a Key Option

Go here.  Now!

They’re crazy!

Pre-Emptive Nuclear Strike a Key Option, NATO Told

by Ian Traynor

The west must be ready to resort to a pre-emptive nuclear attack to try to halt the “imminent” spread of nuclear and other weapons of mass destruction, according to a radical manifesto for a new NATO by five of the west’s most senior military officers and strategists.

Calling for root-and-branch reform of NATO and a new pact drawing the US, NATO and the European Union together in a “grand strategy” to tackle the challenges of an increasingly brutal world, the former armed forces chiefs from the US, Britain, Germany, France and the Netherlands insist that a “first strike” nuclear option remains an “indispensable instrument” since there is “simply no realistic prospect of a nuclear-free world”.

Talk about defeatist!  Talk about lowering the world’s expectations!!  Talk about effing stupid!!!

Now, look at the authors:

The Authors:

John Shalikashvili

The US’s top soldier under Bill Clinton and former NATO commander in Europe, Shalikashvili was born in Warsaw of Georgian parents and emigrated to the US at the height of Stalinism in 1952. He became the first immigrant to the US to rise to become a four-star general. He commanded Operation Provide Comfort in northern Iraq at the end of the first Gulf war, then became Saceur, NATO’s supreme allied commander in Europe, before Clinton appointed him chairman of the joint chiefs in 1993, a position he held until his retirement in 1997.

Klaus Naumann

Viewed as one of Germany’s and NATO’s top military strategists in the 90s, Naumann served as his country’s armed forces commander from 1991 to 1996 when he became chairman of NATO’s military committee. On his watch, Germany overcame its post-WWII taboo about combat operations, with the Luftwaffe taking to the skies for the first time since 1945 in the Nato air campaign against Serbia.

Lord Inge

Field Marshal Peter Inge is one of Britain’s top officers, serving as chief of the general staff in 1992-94, then chief of the defense staff in 1994-97. He also served on the Butler inquiry into Saddam Hussein’s weapons of mass destruction and British intelligence.

Henk van den Breemen

An accomplished organist who has played at Westminster Abbey, Van den Breemen is the former Dutch chief of staff.

Jacques Lanxade

A French admiral and former navy chief who was also chief of the French defense staff.

All boys who want to play with more toys!  Nuff said!

I’m pro-choice and I vote

Blog for Choice DayI type this in support of the US choice movement, now celebrating 35 years since the Roe v. Wade decision.  I would hope that in the upcoming presidential election in the USA that voters vote for the candidate who is decidedly pro-choice on the matter of reproductive freedom.  Reproductive freedoms are women’s rights and women’s rights are human rights.

Uranium harmful: another study

Folks may be interested in this technical paper looking at the question of whether uranium can act as an endocrine disruptor. Conclusion of 34 page study:

Our data supports the conclusion that uranium is an endocrine disrupting chemical and populations exposed to environmental uranium should be followed for increased risk of fertility problems and reproductive cancers.

But that doesn’t matter to those who want more, more, more. In fact, with the multinational medical corporations now into uranium, it seems to me they are creating the need for their medical equipment.  That’s an ideal situation, for a corporation.

GE Plans Partnerships With Uranium Miners for Nuclear (Update4)
By Lars Paulsson

Jan. 17 (Bloomberg) — General Electric Co., the world’s biggest maker of power-generation equipment, plans to form partnerships with uranium companies to develop its nuclear business and improve access to the fuel that runs reactors.

GE’s atomic unit is holding talks with “several miners, millers and converters” to find partners after agreeing last year to use a new technology from Australia’s Silex Systems Ltd. to expand into fuel enrichment, said Andrew White, chief executive officer of GE Nuclear in Wilmington, North Carolina.

“We’re in serious conversations, and I think we will do something in the first half of this year,” White said today in an interview in London. He wouldn’t name the companies, citing confidentiality agreements. “Obviously, if we’re going into enrichment, we need the feedstock.”

General Electric, competing with companies including Areva SA, the world’s biggest builder of reactors, and Toshiba Corp.’s Westinghouse Electric Co., is developing its nuclear business into a more integrated company with reactors, servicing and fuel supply, to some extent mirroring France’s Areva.

“Any good customer we’re willing to get into bed with,” said Peter Farmer, chief executive officer of Denison Mines Corp., a Toronto-based uranium miner, who wouldn’t say whether his company is in specific discussions. “In our case, it just makes sense to offset some of the risk of going into a new mine.”

Potential Partners

General Electric may be talking with Cameco Corp., Areva or ConverDyn, the only uranium converter in the U.S., Max Layton, an analyst with Macquarie Bank Ltd. in London, said today in a telephone interview. They are the main Western producers, he said. Converters refine the uranium by turning it into a gas before it’s enriched.

Harper & Lunn Lied to Parliament

In email conversation with a US writer, I have learned the following regarding the Chalk River/AECL scandal:

…several nuclear medicine specialists, including the head of the nuclear medicine department at Yale, repeatedly cautioned me against writing that this was as a matter of life or death. They were, in fact, very critical of stories that made that claim. Isotopes supplies, particularly from Belgium, continued to be available. Although they were more costly. The specialists also noted that many, arguably most, of the large number of diagnostic tests they perform made using the isotopes do not involve critical medical conditions and that there are often alternative techniques and technologies available.

And furthermore, where are the hordes of letters that Lunn received from Canadian doctors?

I had a daydream the other day about the Leaders of the parties in Opposition getting it together and walking over to the Governor General’s shack and asking her to dissolve Parliament on the grounds that the Prime Minister deliberately mislead Parliament.  Is that possible?

Corrected/Updated: Danger! Danger!

Who to trust?

Minister Lunn to the Parliamentary Committee: January 17th, 2008

“The extended shutdown of the reactor threatened a national and international health crisis,” Mr. Lunn told the Commons Natural Resources committee. “If we had not acted, people would invariably have died.”


International Herald Tribune: January 16, 2008

“While the shortage of isotopes was unquestionably disruptive for the medical community and patients, the extent of the danger it posed to health was never entirely clear as there are alternatives to many of the procedures that require them. More expensive and limited supplies of isotopes also remained available from reactors in Belgium and South Africa for urgent treatments.”

 

Danger Gary Lunn

ETA: Afterthought: Is it significant that there has been financial movement in the medical imaging industry?

ETA2:  Correct source quote.  And you just hafta love that Radio-Active Minister poster, don’t you?

ETA3: The CBC’s As It Happens is on the case, circling round and round, ever so carefully…

Feminists unite!

Oh, my! Look at what the evul feminazis are up to now!
Congrats pale and prole of A Creative Revolution for an organizing job well done!
Remember nominations open January 25 so that gives you time to cruise the blogosphere to see which of those radical, bra-burning, hairy-pitted, uppity vagina warriors you’d like to see acknowledged.

Radioactive Leak @ US side of Lake Erie

Lots going down on the nuclear front.  I stumbled upon a pair of poets plugging Caldicott’s book at their blog, On the Wilder Side.  Nice to see other poets in the nuclear-free movement.

I almost missed the piece below; it was trying to hide itself in my inbox.  Reading it makes me wonder.  Why is Finley pushing for another reactor on Lake Irie?  How does the US nuclear industry’s regulation compares to ours?  And, will our regulations be forced to change because of the GNEP and the SPP?

Radioactive water leak found at Ohio nuclear plant on Lake Erie
January 7, 2008 – 21:08
THE ASSOCIATED PRESS
AKRON, Ohio – Workers found a small radioactive water leak inside an Ohio nuclear power plant on Lake Erie, plant operator FirstEnergy Corp. said Monday.

The leak was on a weld that held two pieces of cooling pipe inside a reactor containment building at the Davis-Besse nuclear plant, FirstEnergy said in a report filed with the U.S. Nuclear Regulatory Commission.

The amount of water from the pipe was so small when discovered Friday that it was not quantified in the report, said FirstEnergy spokesman Todd Schneider, who described it as “moisture.”

“It involved water from the reactor, so it is radioactive water but it is within the containment building and nothing was released. Our workers were not affected,” he said.

The Davis-Besse plant, about 50 kilometres east of Toledo, had been scheduled for shutdown in February but FirstEnergy moved it up to the end of December when the NRC expressed concerns about the durability of certain kinds of welds at nuclear plants in general.

Schneider said the company was in the process of strengthening 16 welds when the leak was discovered at one weld. He didn’t speculate about what could have happened if the leak had gone unnoticed.

“The situation did not exist while the plant was operating,” he said.
“We do inspections and we would have caught a situation like this.”
A message seeking comment was left Monday with the Earth Day Coalition environmental group in Cleveland, which has criticized FirstEnergy’s safety claims in the past.

NRC spokeswoman Viktoria Mitlyng said it’s possible stress from the welding reinforcement, called an overlay, may have caused a crack.

“It’s not a big concern,” Mitlyng said.
“What FirstEnergy is going to do is get an understanding of the nature of the crack, then it will have to propose a solution for fixing it. Then our inspectors will review it.”

Schneider had no estimate on how long the evaluation of the leak may take or how long the plant will remain shut down.
The Davis-Besse plant was shut down for two years starting in 2002 after inspectors found an acid leak that nearly ate through a steel cap on the reactor vessel at the plant. It was the most extensive corrosion seen at a U.S. nuclear reactor.

By the time the plant returned to full power in 2004, FirstEnergy had spent $600 million making repairs and buying replacement power. The NRC required the plant improve its safety procedures.

FirstEnergy is the fifth-largest investor-owned utility in the United States

Thx, JimBobby

Harper’s Ongoing War on Women

JimBobby, Impolitical, Scotian, POGGE, and 900ft Jesus are all over this spinning top.  It is yet another piece to be added to the AECL/MDS Nordion medical isotopes scandal that Prime Minister Harper, Natural Resources Minister Gary Lunn and Health Minister Tony Clement have created.

Harper’s support of Lunn is reprehensible.
In praising Lunn for his mistreatment of Ms Keen, Harper blatantly condones abusive behavior towards women.  (Review Keen’s day in Parliament, too, for more examples of that abusive behavior.  And then there are all the changes around Status of Women Canada)  I guess it is part of his support for the War on Women.  Harper’s support for Lunn also demonstrates support for a brand of fascism which many of us believed to be a thing of the past.  But then Harper studied Stalin, not Hitler.

The light in this, for me, is it is helping me to understand why so many men in recent weeks think they have the right to scold women who challenge sexism and abuse, who work for change and get “uppity” on their behavior.  Not that I accept the scolding, just that I understand it a little more clearly.  It becomes even more acceptable in the mainstream, regardless of ideological bend, when even the Prime Minister approves of it.

I can’t help but wonder what got Harper and MDS-Nordion all worked up. Perhaps it was this US story, in December, in which a new supplier of medical isotopes announces its forthcoming launch. If alternatives to the isotopes MDS Nordion supply will be available to the huge US market in March of this year, then MDS Nordion will lose money.  That would not make Harper’s friends happy.  (If we know anything about the Cons, it’s that they like to keep their friends happy.)  And if no one wants what AECL and MDS Nordion offer, then who will want to purchase AECL when it’s on the chopping block?