Saturday, December 22, 2012

Problems with uranium mining

Systemic Lupus Erythematosus – high rates near uranium processing plant

Researchers at the University of Cincinnati and Cincinnati Children’s Medical Center sought to explain an excessive number of lupus cases reported in a community five miles from a former uranium plant in Fernald, Ohio
“What prompted us was the knowledge that lupus patients may be sensitive to sunlight and irradiation, in addition to literature hinting that miners may be at increased risk for developing lupus,”
HIGH LUPUS RATES NEAR FORMER URANIUM ORE PLANT,, 11/10/2012 – High rates of systemic lupus erythematosus have been linked to living in proximity to a former uranium ore processing facility in Ohio, according to new research findings presented this week at the American College of Rheumatology Annual Meeting in Washington, D.C. Systemic lupus erythematosus, also called SLE or lupus, is a chronic inflammatory disease that can affect the skin, joints, kidneys, lungs, nervous system, and/or other organs of the body. The most common symptoms include skin rashes and arthritis, often accompanied by fatigue and fever. Lupus occurs mostly in women, typically developing in individuals in their twenties and thirties – prime child-bearing age. Read more »
November 12, 2012 Posted by |                 

Legal action against approval of uranium mine in Wyoming

Group sues over planned SW Wyo. uranium mine November 9, 2012 CHEYENNE, Wyo. (AP) — An environmental group has filed suit to contest federal approval of a uranium mine in southwest Wyoming.
Biodiversity Conservation Alliance says the U.S. Bureau of Land Management violated federal laws in approving the Lost Creek uranium mine. Allegations include BLM failed to take a hard look at how the mine would affect species including sage grouse, pocket gophers and pygmy rabbits.
The Laramie-based group filed suit Thursday in federal court in Cheyenne. BLM officials declined to comment, citing agency policy not to comment on pending litigation.
Denver-based Ur-Energy Inc. received BLM approval for the mine last month. The company plans to invest $30 to $40 million into the project over the next six to nine months.
The in-situ mine would extract uranium from wells.
November 10, 2012 Posted by |                 

Uranium mining – a sick industry and getting sicker

Spot uranium price falls below $41/lb U308 on weak demand, good supply Washington (Platts)–6 Nov2012 The spot market price of uranium is now below $41/lb U3O8, according to price publishers TradeTech and Ux Consulting.
And given continued bearish sentiment in the market, some analysts are not ruling out the possibility that the spot price could fall $40/lb before the end of the year. UxC said that the price has not been $40/lb since March 2006.
TradeTech on Friday lowered its weekly spot price to $40.75/lb, down $2.25/lb from its October 26 price. Most of the decline occurred around October 31, TradeTech said, “driven by an increase in the supply” and weaker demand. “Sellers hoping to place material were faced with accepting lower prices well into the first and second quarters of 2013 to conclude transactions,” it said.
TradeTech’s daily price Monday also was $40.75/lb.
UxC on Monday cut its weekly spot price to $40.75/lb, down $1.75 from October 29. UxC said the questions now facing the market are whether the $40/lb support level will be broken and if it holds, what type of rebound in price might the market expect to see.
UxC’s broker average price on Monday was $40.69/lb, down 30 cents from Friday. The BAP bid-offer spread Monday was $40-$41.38/lb. The BAP is based on the price information from Evolution Markets and Armajaro Securities.
The Platts NuclearFuel price range for week was $39.50-$43/lb U3O8…..

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