Reason not to glow about Nuclear

Reasons Not to Glow
On not jumping out of the frying pan into the eternal fires
by Rebecca Solnit

Chances are good, gentle reader, that you are going to have to sit next to someone in the coming year who will assert that nuclear power is the solution to climate change. What will you tell them? There’s so much to say. You could be sitting next to someone who hasn’t really considered the evidence yet. Or you could be sitting next to scientist and Gaia theorist James Lovelock, a supporter of Environmentalists for Nuclear Energy™, which quotes him saying, “We have no time to experiment with visionary energy sources; civilisation is in imminent danger and has to use nuclear—the one safe, available, energy source—now or suffer the pain soon to be inflicted by our outraged planet.”

If you sit next to Lovelock, you might start by mentioning that half the farms in this country had windmills before Marie Curie figured out anything about radiation or Lise Meitner surmised that atoms could be split. Wind power is not visionary in the sense of experimental. Neither is solar, which is already widely used. Nor are nukes safe, and they take far too long to build to be considered readily available. Yet Stewart Brand, of Whole Earth Catalog fame, has jumped on the nuclear bandwagon, and so has Greenpeace founding member turned PR flack Patrick Moore. So you must be prepared.

Of course the first problem is that nuclear power is often nothing more than a way to avoid changing anything. A bicycle is a better answer to a Chevrolet Suburban than a Prius is, and so is a train, or your feet, or staying home, or a mix of all those things. Nuclear power plants, like coal-burning power plants, are about retaining the big infrastructure of centralized power production and, often, the habits of obscene consumption that rely on big power. But this may be too complicated to get into while your proradiation interlocutor suggests that letting a thousand nuclear power plants bloom would solve everything.

Instead, you may be able to derail the conversation by asking whether they’d like to have a nuclear power plant or waste repository in their backyard, which mostly they would rather not, though they’d happily have it in your backyard. This is why the populous regions of the eastern U.S. keep trying to dump their nuclear garbage in the less-populous regions of the West. My friend Chip Ward (from nuclear-waste-threatened Utah) reports, “To make a difference in global climate change, we would have to immediately build as many nuclear power plants as we already have in the U.S. (about 100) and at least as many as 2,000 worldwide.” Chip goes on to say that “Wall Street won’t invest in nuclear power because it is too risky. . . . The partial meltdown at Three Mile Island taught investment bankers how a two-billion-dollar investment can turn into a billion-dollar clean-up in under two hours.” So we, the people, would have to foot the bill.

Nuclear power proponents like to picture a bunch of clean plants humming away like beehives across the landscape. Yet when it comes to the mining of uranium, which mostly takes place on indigenous lands from northern Canada to central Australia, you need to picture fossil-fuel-intensive carbon-emitting vehicles, and lots of them—big disgusting diesel-belching ones. But that’s the least of it. The Navajo are fighting right now to prevent uranium mining from resuming on their land, which was severely contaminated by the postwar uranium boom of the 1940s and 1950s. The miners got lung cancer. The children in the area got birth defects and a 1,500 percent increase in ovarian and testicular cancer. And the slag heaps and contaminated pools that were left behind will be radioactive for millennia.

If these facts haven’t dissuaded this person sitting next to you, try telling him or her that most mined uranium—about 99.28 percent—is fairly low-radiation uranium-238, which is still a highly toxic heavy metal. To make nuclear fuel, the ore must be “enriched,” an energy-intensive process that increases the .72 percent of highly fissionable, highly radioactive U-235 up to 3 to 5 percent. As Chip points out, four dirty-coal-fired plants were operated in Kentucky just to operate two uranium enrichment plants. What’s left over is a huge quantity of U-238, known as depleted uranium, which the U.S. government classifies as low-level nuclear waste, except when it uses the stuff to make armoring and projectiles that are the source of so much contamination in Iraq from our first war there, and our second.

Reprocessing spent nuclear fuel was supposed to be one alternative to lots and lots of mining forever and forever. The biggest experiment in reprocessing was at Sellafield in Britain. In 2005, after decades of contamination and leaks and general spewing of horrible matter into the ocean, air, and land around the reprocessing plant, Sellafield was shut down because a bigger-than-usual leak of fuel dissolved in nitric acid—some tens of thousands of gallons—was discovered. It contained enough plutonium to make about twenty nuclear bombs. Gentle reader, this has always been one of the prime problems of nuclear energy: the same general processes that produce fuel for power can produce it for bombs. In India. Or Pakistan. Or Iran. The waste from nuclear plants is now the subject of much fretting about terrorists obtaining it for dirty bombs—and with a few hundred thousand tons of high-level waste in the form of spent fuel and a whole lot more low-level waste in the U.S. alone, there’s plenty to go around.

By now the facts should be on your side, but do ask how your neighbor feels about nuclear bombs, just to keep things lively.

The truth is, there may not be enough uranium out there to fuel two thousand more nuclear power plants worldwide. Besides, before a nuke plant goes online, a huge amount of fossil fuel must be expended just to build the thing. Still, the biggest stumbling block, where climate change is concerned, is that it takes a decade or more to construct a nuclear plant, even if the permitting process goes smoothly, which it often does not. So a bunch of nuclear power plants that go online in 2017 at the earliest are not even terribly relevant to turning around our carbon emissions in the next decade—which is the time frame we have before it’s too late.

If you’re not, at this point, chasing your poor formerly pronuclear companion down the hallway, mention that every stage of the nuclear fuel cycle is murderously filthy, imparting long-lasting contamination on an epic scale; that a certain degree of radioactive pollution is standard at each of these stages, but the accidents are now so many in number that they have to be factored in as part of the environmental cost; that the plants themselves generate lots of radioactive waste, which we still don’t know what to do with—because the stuff is deadly . . . anywhere . . . and almost forever. And no, tell them, this nuclear colonialism is not an acceptable sacrifice, since it is not one the power consumers themselves are making. It’s a sacrifice they’re imposing on people far away and others not yet born, a debt they’re racking up at the expense of people they will never meet.

Sure, you can say nuclear power is somewhat less carbon-intensive than burning fossil fuels for energy; beating your children to death with a club will prevent them from getting hit by a car. Ravaging the Earth by one irreparable means is not a sensible way to prevent it from being destroyed by another. There are alternatives. We should choose them and use them.

Source: http://www.orionmagazine.org/index.php/articles/article/316/

NUCLEAR FUEL TRANSPORT ROUTES

NUCLEAR FUEL TRANSPORT ROUTES

A number of people in South Africa have been very concerned that the Nuclear Energy Corporation of South Africa (NECSA)has indicated no specific transport routes showing where enriched uranium, nuclear fuel and nuclear waste will be moved through in this country.

We are hoping that NECSA or the NNR - as a concerned independent body - will be able to supply information concerning these transport routes, seeing as a Record of Decision has already been signed on the nuclear smelter at Pelindaba and many people are still unaware as to the method of transport and direction that will be used.

So far it seems that NECSA has been rather vague - and indicated that materials will move from Durban (presumably from the port) through to Pelindaba and from Pelindaba to Koeberg. Then another route would obviously be from Koeberg to Vaalputs waste dump. However, since the government plans to build a nuclear reactor in the Eastern Cape, it is obvious that this area is also involved in terms of delivery of nuclear fuel and removal of nuclear waste from the site. This could then involve the Port Elizabeth harbour and main roads or rail.

The people of South Africa need to know the method of transport chosen in all cases: whether road, rail or shipping. And all the towns that would be passed through or close by on this route, since all people in these areas would need to have some kind of emergency planning in place in the event of a nuclear accident, leak or spill. South Africa’s roads and transport system are not known for being the safest in the world.

If NECSA is unable to provide this information at this late stage of their planning, then it begins to appear to the people of South Africa as a deliberate attempt to leave them ignorant and uninformed about decisions that may impact negatively on their health and wellbeing.

We therefore look forward to seeing a full and specific disclosure of the nuclear raw material, fuel and waste transport routes, as a matter of priority.

Thank you for your time.

Yours faithfully

INGELA RICHARDSON

Waste storage dilemma crimps nuclear future

Waste storage dilemma crimps nuclear future

David R. Baker, Chronicle Staff Writer


The San Francisco Chronicle

Jun 11, 2006
Avila Beach, San Luis Obispo County -- In a quiet, air-conditioned room deep inside the Diablo Canyon nuclear power plant sits a small pool filled
with water colored an unnatural blue. It's packed with radioactive waste. The pool holds roughly half of all the used fuel ever pulled from the
plant's reactors. The other half sits in a second concrete tank nearby, slowly cooling beneath 25 feet of water. Some fuel rods have been there
about 20 years.

Both pools are nearly full. Neither was designed to store this much waste. But there's nowhere else to put it.

The government long ago promised Diablo's owner, Pacific Gas and Electric Co., that it would haul away the waste and entomb it deep below Nevada's
Yucca Mountain. But, in the face of unrelenting opposition from Nevada residents irate over the prospect of becoming a dumping ground for nuclear
waste, the repository never opened.

With the nation's appetite for energy growing, the U.S. nuclear industry appears poised for a renaissance. President Bush has made building nuclear
plants, for the first time in decades, a cornerstone of his energy policies. And some former foes are willing to give the technology another
look, lured by the promise of generating abundant power without belching greenhouse gases from more fossil fuel plants.

But the industry and its supporters in Washington still have not resolved one of the biggest issues that derailed nuclear power in the 1970s and
1980s -- what to do with the waste, which remains radioactive for thousands of years. Yucca Mountain remains bottled up by Nevada
politicians.

One alternative would be to recycle spent fuel rods, extracting radioactive material for reuse and reducing the amount of waste that would
need to be stored. But the idea has long been blocked by fears that plutonium removed from old rods could fall into the hands of terrorists or
rogue countries trying to build nuclear weapons.

So Diablo and other nuclear plants must keep their waste on-site -- indefinitely. PG&E installed replacement racks that pack more rods into
Diablo's pools and has even started building another storage facility that could cost up to $200 million on a hillside behind the plant.
"The government hasn't lived up to its contracts, so what's happening now is Plan B," said David Vosburg, a PG&E project manager. "The extra racks
are filling up. The same thing's happening across the country."

Extra storage sites next to nuclear plants, however, won't solve the problem. They will just buy time.

"You just have to hope that there's a national solution, because this won't be a Diablo issue -- it will be a national issue," said Richard
Hagler, project engineer for the new storage facility.

Anyone living near a nuclear plant also lives near a long-term storage site for radioactive waste. Those facilities aren't long-term by the
standards of engineers, who must consider what happens to radioactive material over centuries. Homeowners, however, find themselves spending
decades close to used fuel rods, with no end in sight.

"They promised us that the waste would be removed and the government would come to the rescue," said Jack Biesek, 58, who lives in a lushly wooded
canyon about 7 miles downwind of Diablo. "I think it's going to stay there. The handwriting's on the wall."

Without a long-range solution for the waste problem, America's much-heralded "nuclear spring" may never come.

"Obviously, waste storage is the elephant in the room," said Frank Bowman, president and chief executive officer of the Nuclear Energy Institute, the
industry's main lobbying group. America now has roughly 40,000 metric tons of spent radioactive fuel, according to the institute, with another 2,000 metric tons added each
year. Even if Yucca Mountain opens, the nation would soon need another facility just like it. Reprocessing the fuel would relieve that pressure, but it's far from clear that reuse will ever happen.
"If we don't recycle, we're going to have to build a new Yucca Mountain every few decades," said U.S. Deputy Energy Secretary Clay Sell.

Used fuel rods are hot and highly radioactive when they emerge from a reactor. Both the heat and the radioactivity drop substantially within the
first several years, the radiation falling by a factor of 1,000 in a decade, according to the Nuclear Energy Institute. But the rods remain
dangerously radioactive for many thousands of years.

Diablo Canyon has relied on its twin spent-fuel pools to store waste since the plant began commercial operation in 1985.

They sit not far from the towering containment domes that hold Diablo's reactors, separated from the outside world by steel walls and concrete
floors. The plant refuels every 18 to 21 months, plugging some new rods into the reactors and transferring old ones to the storage pools.
Standing 12 feet tall, each rod is a metal tube filled with uranium pellets -- the source of the plant's power. The rods are narrow, about the
width of a fat pencil, and are bundled into assemblies that weigh 1,350 pounds each. Workers maneuver the assemblies into the pools through a
series of water-filled channels to keep the fuel cool, making sure it never touches open air. A crane grabs the assemblies underwater and lowers
them into waiting racks.

Each pool was designed to hold 270 assemblies. Now, the racks have been reconfigured to store 1,324.

One pool already has 1,064. The other, 1,100.

"Five percent of the state's electricity generation for the last 20 years is sitting in that pool," Vosburg said, as a current of circulating water
rippled the surface. The water, surrounded by concrete walls 6 feet thick, dissipates heat coming from the fuel rods and shields the outside world
from radiation. Boric acid, added to the water to absorb neutrons, gives the pool its deep blue tint.

Later this year, PG&E will install temporary racks in both pools to provide 154 more storage slots each. Even so, they will run out of room by
2010. So PG&E, like operators of the nation's 64 other nuclear power plants, is trying to make do.

On a shaved-off hillside overlooking the plant, workers pour the concrete floor for Diablo's next storage facility. Instead of using a pool, PG&E
will seal old fuel assemblies inside 20-foot-tall canisters lined up like squat obelisks on an open field. There will be no walls or ceiling of any
kind -- just the canisters themselves.

The technology is called dry cask storage, and it isn't new. Its use at Diablo, however, has alarmed many of the plant's long-standing opponents.
They fear that the field, which could eventually hold 138 casks, will make an even more alluring target for terrorists than the plant itself, perched
on a rocky stretch of the central California coast. A commandeered jet, they say, could approach Diablo from the water, fly over the plant and
crash into the casks, spewing radioactive material into the air. "How is that safe from terrorism, especially when there's no 'no fly
zone' at the plant?" asked Rochelle Becker of the Alliance for Nuclear Responsibility. "California needs to know, how much radioactive waste are
we willing to store on our coast, for how long?"

Last week, a federal court ruled that the Nuclear Regulatory Commission should have examined the possibility of a terrorist assault on Diablo
before giving PG&E permission to build the dry cask facility. The Ninth U.S. Circuit Court of Appeals in San Francisco ordered the commission to
study what threat an attack could pose to the local environment. However, a PG&E spokesman said construction will continue during the review, with
the first casks scheduled to be loaded with fuel next fall. The company considers the facility secure.

Standing above the field, PG&E engineer Hagler sketched out possible lines of terrorist attack. Fly a commercial airliner in from the west, over the
ocean, and the hillside would rip off the plane's right wing before it could reach the casks. Approach from the east, and the pilot would have to
hug the contours of several protecting hills before making a swift, steep plunge into the field.

Those obstacles wouldn't matter as much to a small plane. But small aircraft, he said, lack the mass to smash open the steel-and-concrete casks.
"An aircraft that size? It'd be like a bee hitting a windshield," Hagler said. "I know the cask is going to win."

To some neighbors, terrorism isn't the only issue. They object to the possibility that Diablo's waste will never leave, staying decade after
decade on the coast they love until its presence becomes permanent. "This whole area is going to be a carbuncle ruined for millennia," Biesek
said.

Since 1976, he has lived in nearby See Canyon, along a stream shaded by oak and pine trees. He and his wife, Susan, have long opposed the plant.
They keep a Geiger counter in the house, although it needs new batteries. The Bieseks question whether any storage technology can isolate nuclear
waste from the environment forever, particularly in a place prone to earthquakes and other disasters. If radioactive material from Diablo found
its way into an aquifer or the ocean, they said, who knows how widespread the effects could be?

"It's not like this backyard dump is just our dump," Susan Biesek said one recent morning, as birdsong filled the canyon's cool air. "Where do you
move that's safe?" Such talk drives nuclear engineers to distraction. Used nuclear fuel does pose risks, they say, but those risks can be controlled.
"I hate the word 'dump,' " said Mark Somerville, a PG&E physicist specializing in radiation protection. "I sympathize with people who, like
we did, thought there'd be an endgame where things would be handled long term. ... But it's anything but a dump. It's a very carefully controlled
process."

Meanwhile, the Bush administration keeps pushing to open Yucca Mountain and recycle used fuel. Storing waste on-site, Deputy Energy Secretary Sell
said, is safe but won't solve the problem.

"As an interim solution, it's acceptable," he said. "As a long-term solution, it's not." E-mail David R. Baker at dbaker@sfchronicle.com.

GOLDEN OLDIES AND LOST ISOTOPES

GOLDEN OLDIES AND LOST ISOTOPES

By Ingela Richardson

Forget about those American sit-coms. We have the Minerals and Energy Portfolio Committee with their update on Nuclear Energy brought to you by the corporation who wants to bring back all those golden oldies from way back when South Africa had nuclear weapons. Unfortunately you can't hum along to the tunes, but you can click your fingers to the Geiger counter - if you happen to have one handy. If not, better get one, because the government wants to raise dem nuclear bones.

At a meeting on 22 August, the Department of Minerals and Energy (DME) stated that South Africa was "moving toward an enhanced reliance on nuclear energy". The problem is that no one seems to know how much this will cost. And this isn't a couple of rands we're talking about - it's millions. A better reason for not committing to a price is that old excuse used by contractors when time and materials have run out, the bank loan is called in and the job is still not finished - "It was just a rough estimate!"

Suddenly the DME has changed its mind. Instead of selling uranium as a raw material to those hungry "colonnial" powers overseas who have nuclear reactors and scientists who want to hang onto their jobs - South Africa is now planning to manufacture its own nuclear fuel. This is slightly tricky, since it will cost a bundle (about R20 billion quoted - but you know quotes) and is highly dangerous as far as radioactive contamination is concerned.

The DME has said that they will show concern for the environment though - which must be a relief to many environmentalists who were thinking that the DME wanted to do away with the National Environmental Management Act (NEMA) and Environmental Impact Assessments (EIAs) altogether. After all, who cares about a few frogs and butterflies anyway? They are not as important as people. They may be food for some animals that eat other animals that in turn are eaten by people, but that is not important - is it? What is the old circle of life anyway? Just a song by Elton John.

It is also reassuring that the DME hastens to add that nuclear energy is intended for civil consumption only. Phew! Here we were worrying that while we only have one nuclear reactor (Koeberg) we already have about three nuclear smugglers. If South Africa increases its nuclear programme to include up to 30 reactors, that would make, how many smugglers? Don't really want to look at that Math. After all, South Africa's crime rate is improving, isn't it? No reason to think terrorists could gather radioactive material for a "dirty bomb" here?

Rob Adam (CEO of Necsa) is very proud of his isotopes, but he shouldn't have tried to explain basic chemistry to the committee. After all, not everyone is a rocket scientist. How was Mr Louw of the ANC to know that Dr Adam hadn't literally "lost" a third of his radioisotpes. They just decay, don't they - if they aren't delivered in time? Don't ask where the radioisotopes are being transported, in what and how. Don't bother your pretty little head. It's just part of the wonderfully unstable nature of the nuclear business.

There have indeed been changes in the "nuclear environment". If you read ANC policy from 1994 that was decidedly anti-nuclear - you wouldn't believe it is the same party that desperately wants nuclear now. Almost as though someone were putting words in their mouths...And whose example is South Africa to follow in this nuclear arena? Dr Adam cites the Russians. Would those be the same Russians who invented Chernobyl and have dozens of old reactors ready to kick the bucket at any minute knocking around Eastern Europe? Or would it be the Russians who invented the brand new "floating reactors" that nobody wants to buy because they are so dangerous? As for President Bush - well anyone would like their daddy to buy them a presidency one day when they grow up, wouldn't they? He knows which side his bread is buttered. If he swings enough work the nuclear contractors' way, perhaps they will fund his re-election?

What is sad though, is whenever unpalatable projects are on the cards, the South African government dangles employment like a carrot in front of the starving masses. Thousands of jobs are always mooted for these projects. Once again, is that an estimate? Or a quote?

According to the DME, uranium mining is not going to leave a legacy of radioactive slime pits - not like the gold mines have done. Shameful! So how about South Africa cleaning up the radioactive slime dams in Gauteng before they start building uranium slime dams in the Karoo and Magaliesburg? The National Nuclear Regulator has known about Gauteng's radioactive contamination for a couple of years now - so South Africa can rest assured that if there is a radioactive emergency in this country, the NNR will be there - sooner or later.

Unfortunately, uranium is not sustainable. Like coal or oil, it will run out. And then there will be all those nuclear reactors standing around with no fuel. To consider "recycling" or "reprocessing" nuclear fuel is just another of George Bush's bad dreams that goes against 30 years of US policy, is extremely expensive and highly dangerous. Like trying to extract the proverbial needle from a radioactive haystack. Then try to get another thousand needles out of another thousand haystacks and use the needles for fuel. How much electricity does Koebergy make again? 4 per cent? 6 per cent? Not much for your money, is it?

It is good to know that someone has been allocated to deal with every aspect of nuclear. There is Nuclear Research, Development and Innovation (Necsa), Nuclear Power Generation Organisation (Eskom) Integrated Nuclear Safety Regulator (someone?) Nuclear Security Agency (someone else) Nuclear Architectural Capability (someone else) Radioactive Waste Management Agency (er?).

The DME congratulated graduates in nuclear technology. Lucky students to have been given the necessary funding for their degrees. It seems that the Innovation Fund that was set up years ago to focus on little problems in South Africa like crime, is now almost totally devoted to science and technology. Coincidentally, Rob Adam is the chairman of this trust fund. Perhaps Dr Adam believes that nuclear science is just more important than crime statistics in South Africa?

The DME and Necsa are reassuring each other that there will actually be people with the necessary skills to run nuclear reactors in South Africa. But while the DME is hoping that the solution will come from the youth, Necsa wants to bring back its pensioners (the golden oldies) before they forget how reactors work. The DME wants to encourage the development of local skills, but with the price of electricity set to sky-rocket to accommodate nuclear prices (and therefore prices of everything else going up, including crime) there may be more of a brain-drain than government would like. Strangely, some people - whether young or old - do value safety and security above nuclear technology.

Mr Louw of the ANC believes that the youth are not sufficiently informed about the benefits of nuclear energy. How strange! But then perhaps today's youth are less credulous. Perhaps young people today have learned that "our friend the atom" can be deadly? Perhaps they have seen young people, like themselves dying in conflicts where Depleted Uranium was the weapon of choice and soldiers and civilians alike have suffered the consequences?

Mr Greyling of the ID queried costs of the nuclear programme. But it seems that the DME is looking ahead to potential profits, rather than immediate costs. The story of "counting chickens before they are hatched" springs to mind. And Mr Kekana of the ANC said the media should be used to promote nuclear engineering. Does he mean the media as in advertising pamphlets and brochures? Or the media as in daily newspapers that are supposed to be unbiased?

Prof Mohamed of the ANC asked how the DME planned to dispose of lethal plutonium. But Dr Skalk De Waal, a Nuclear Specialist, has that one covered. It seems this issue is governed by Act 47 of 1999. Relax South Africa. You are protected from plutonium by legislation. What a relief. According to Dr De Waal, there is a "facility" in Namaqualand for waste managed by Necsa. Remember that next time you want to see those blooming daisies.

At any rate, South Africans will be relieved to know that the issue of nuclear security is "a work in progress" according to Mr Maqubela of the DME. So while EIA's for the construction of nuclear reactors may be forging ahead, security is still being planned. It seems that "intelligence agencies" will train Eskom and Necsa.

Ms Mathibela of the ANC was reassured that South Africa would not be placed in a similar position to that of Iraq - being accused of possessing nuclear weapons - since South Africa has signed all the right papers.

When Adv Schmidt of the DA asked what would happen if communities were not in favour of nuclear, Mr Maqubela responded that the public had sixty days to comment on government strategy - but after that the government would have to proceed. No sense in letting a little thing like public opposition delay government plans.

So drug addicts just say "No", victims of crime say "No", but communities against nuclear say "No" and the government goes ahead? Is that what they mean by public participation? You can get involved and have your say as long as you know the government will continue anyway? Mr Maqubela said there was no purpose in extending the period of public meetings that "might not even add value to the process". In other words, quick build that nuclear reactor before those people know what hit them.

The DME is very clear. South Africans do have a choice - as long as they choose nuclear. But if they say, "NO!" the government will just carry on. After all, no sense in listening to the people, is there?

Uranium Resources South Africa

Here is an image showing the Uranium resources of South Africa. The South African Government, Eskom, Necsa, PBMR and "friends" all wish to see most of South Africa mined for this toxic metal to fuel their multitude of planned nuclear reactors all over South Africa. A few "already" wealthy men will continue to follow their paths of greed just so they can get even richer and screw the people of South Africa.

Zambian Uranium Projects

African Energy from Zambian uranium
By: Mariaan Olivier
Published: 5 Sep 07 - 16:49

Uranium explorer Albidon has finalised a joint-venture agreement with African Energy, covering the Chirundu and Kariba Valley uranium projects in Zambia, the company said on Wednesday.

The Chirundu project included the Njame uranium deposit and the recently discovered Gwabe uranium prospect.

African Energy is exploring for uranium on a number of Albidon’s mineral tenements in Zambia under an exploration cooperation agreement .

Albidon said that African Energy had spend A$1-million on the Chirundu project which earned it an initial equity interest of 30% in the property, with the right to earn up to a 70% stake by completion of a prefeasibility study.

The company informed Albidon in January that it planned to earn equity stakes in the Chirundu and Njame projects.

Source: http://www.miningweekly.co.za/article.php?a_id=116268

At least 25 new uranium mines needed by 2020

'At least 25 new uranium mines needed by 2020'

By: Martin Creamer
Published: 6 Sep 07 - 10:51
The world would need “at least” 25 new uranium mines by 2020 and global uranium marketing would change as fundamentally as oil marketing did in the 1970s, Paladin Resources MD John Borshoff said in Perth on Thursday.

Borshoff told the Africa Downunder conference that, in transforming from being inventory dominant to being mining dominant, uranium marketing would shed its current “cosy arrangement” between consumer and supplier and take on a new global dimension.

Borshoff, who is credited with accurately forecasting uranium’s renaissance well ahead of time, described the current uranium-price downturn as being “almost a shenanigan”.

On uranium coming down in price from $138/lb to $90/lb, he said: “Rest easy, because it’s going to start moving upwards again.”

He said that the price drop was part of an extremely sharp upturn and would continue on an upward path after an adjustment.

And on marketing, he added that “remarkable” uranium-marketing changes would be at a level of “the oil shock of the 1970s”.

Thirty-two nuclear reactors were currently under construction and proposed are another 288 reactors by 2025, compared to 35 in 2003 and 150 in 2005.

The current production of 103-million pounds of uranium a year would need to rise to 190-million pounds in 2013 and then between 230-million pounds and 250-million pounds going further forward.

“These are massive requirements from an industry that has almost been dead in the head for 20 years,” he said.

From that “sleeping mode”, the industry would have to prepare itself to achieve “huge” increases in the supply, which was not only needing to grow above the current 103-million-pound base, but that base was in the throes of diminishing as mines depleted.

There thus had to be both replacement and additive components and “at least 25 new mines would be required by 2020”, Borshoff said.

But, having reached that point, the industry would then immediately have to enter the next phase to find more uranium.

“Whether or not we get the 288 reactors by 2025, is not that relevant, but what is relevant is that the growth of nuclear reactors is going to outpace the supply of uranium,” he said.

Source: http://www.miningweekly.co.za/article.php?a_id=116350