US pressure in UN to draft a resolution calling for sanctions on Iran

Reuters South Africa published a story on September 8, 2006 titled US looks for quick Iran sanctions resolution. According to the story, U.S. Undersecretary of State Nicholas Burns stated that the US will seek action in the Security Council to draft a resolution setting sanctions against Iran for its defense of its right to build […]

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South Africa's interest in commercial uranium enrichment

South Africa is ready to join the increasingly competitive commercial uranium enrichment industry. Like several other countries that are already in the uranium mining business, leaders in South Africa are considering expanding into more lucrative phases of the nuclear fuel supply chain including enrichment and fuel element fabrication. Note: If you want to learn more […]

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Toshiba lines of credit for Westinghouse purchase approved

I noticed the following brief comment about Toshiba’s Westinghouse purchase in an article on Bloomberg.com titled Japan’s Bank Lending Gains, Fueled by Company Demand (Update3). Toshiba, Japan’s biggest nuclear reactor supplier by generating capacity, obtained agreements in July to borrow as much as 400 billion yen ($3.4 billion) to finance its purchase of Westinghouse Electric […]

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Different nuclear points of view from New Zealand

Stuff.co.nz published a story dated 8 September 2005 titled Energy minister says no to nuclear power. The occasion for the minister’s rejection was a response to a presentation by Murray Jackson, the chief executive of Genesis at a climate change conference that made a strong statement that nuclear power should be on the list of […]

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Great article for helping to understand the uranium market

The Conservative Voice has posted an article by James Finch of TradeTech titled Is $50/Pound Uranium Sustainable? dated 7 September 2006. If you are interested in the factors that influence uranium prices and the profitability of the uranium mining industry, I highly recommend that you read the article, perhaps a couple of times. According to […]

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The Atomic Show #028 – Passive safety features

The new generation of nuclear power plants that are being considered are simpler machines with features that depend on physics rather than automation to provide safety. The new reactors designs that will be built in the US (and perhaps in countries like the UK, Japan, and China) are refined versions of the first and second […]

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GE considering impacts of Toshiba's Westinghouse purchase

GE, Toshiba and Hitachi have a long standing joint venture called Global Nuclear Fuel that is headquartered in Wilmington, North Carolina. Toshiba’s recent purchase of Westinghouse, GE’s arch nemesis in the electric power business is causing GE to reevaluate its partnership arrangements. :NOTE: The rivalry between General Electric and Westinghouse dates back more than 100 […]

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Deutsche Bank analysts think uranium mining is a good business

Here is another signal that the investment bankers are taking a fresh, hard look at the prospects for the nuclear power industry and finding that there are a number of reasons to get involved. According to an article titled Another Investment bank Joins the Uranium Bulls FNArena – a self described supplier of financial, business, […]

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