In a world where the threat of global warming is looming over the future of our planet, it is becoming more and more important to look into renewable, alternative forms of energy. With energy use growing at a rate of 3% per year, soon it will be inevitable to explore our options. Though it has [...]
Sprott Asset Management uranium expert Kevin Bambrough talked with us about the “second leg” of the current uranium bull market. He sees a massive nuclear build up heading our way with “the environmentalists leading the charge.” He said many price projections may be inaccurate because “people are underestimating future demand.”
StockInterview: Price forecasts on spot uranium [...]
If you haven’t heard already, The President’s new budget just came out (02/07/08) and it couldn’t be more unfriendly towards the environment in general unless they go that extra mile and put in special tax breaks on the purchase of clubs for the express purpose of baby seal hunting.
While there there are many points to [...]
In light of Toshiba’s recent proposed acquisition of Westinghouse Electric from the government-owned British Nuclear Fuels (BNFL), historians may be reminded of former Westinghouse Chairman Robert Kirby’s litigious international outcry and prolonged battle over secretive and illegal price manipulation by a global uranium cartel. In the 1970s, Westinghouse, determined to capture the world market of [...]
Many researchers believe that harnessing the power of the atom in fission reactions is the most significant alternative energy resource that we have, for the fact of the immense power that it can generate.
Nuclear power plants are very clean-burning and their efficiency is rather staggering. Nuclear power is generated at 80% efficiency, meaning that the [...]
On April 1st, 1979, the Islamic Republic of Iran was born under the leadership of Ayatollah Khomeini. The Ayatollah returned to Iran at the end of the Islamic Revolution, after having spent 14 years in exile. This past month Iran commemorated these events by showcasing its military strength. It conducted a series of missile tests [...]
Australia has one of the worlds largest supplies of Uranium. It is therefore ironic that Australia has not taken advantage of this resource to produce power. Australia only has one nuclear reactor and this is mainly for scientific use/research not the production of power. This is because Australia also has huge cheaply access coal reserves. [...]
The year gone by was the warmest in England since 1659. Australia may be doomed to suffer the country’s worst drought since the Federation Drought of 1894 – 1902, and at least one Dun & Bradstreet consultant believes if conditions do not improve, the country’s Reserve bank may be forced to lower interest rates. Abrupt [...]
