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Gold/Mining/Energy : DENISON MINES CORP. - -- Ignore unavailable to you. Want to Upgrade?

To: NYBob1 who wrote (7)	6/2/2007 6:17:48 PM
From: NYBob1	Respond to of 19

Group Warns Nuke Fuel Dump May Explode - Jun 1, 11:47 AM (ET) By DOUG MELLGREN OSLO, Norway (AP) - A nuclear waste dump in the Russian Arctic may be in danger of exploding because of corrosion caused by salt water in enormous storage tanks, a Norwegian environmental group warned Friday. The three tanks are used to store spent nuclear fuel rods at Andreeva Bay, on the Kola Peninsula of northwestern Russia, just 28 miles from the Norwegian border, the Oslo-based Bellona said in a statement. "We discover now that we are sitting on a powder keg, with a fuse that is burning, but we don't know how long that fuse is," said Alexander Nikitin, a former Russian navy officer who is now one of Bellona's nuclear experts. The group cited a report from Rosatom, the Russian nuclear authority, describing the danger. Bellona said the storage tanks were long believed to be dry inside, but that recent studies show corrosive salt water is inside the tanks. "Ongoing degradation is causing fuel to split into small granules. Calculations show that the creation of a homogenous mixture of these particles with water can cause an uncontrolled chain reaction," said the group's Norwegian translation of the report. apnews.myway.com ---- The only two Uranium and Vanadium Mills in US - and Mesa can treat nuclear waste to make it safe etc. Great plants for USA - dd.... investorshub.com investorshub.com

To: NYBob1 who wrote (7)	6/19/2007 6:07:30 PM
From: NYBob1	Read Replies (1) \| Respond to of 19

Areva's $2.5bn offer for UraMin may spark global bidding war June 18, 2007 MORE - busrep.co.za By Stewart Bailey Johannesburg - Areva had offered to pay $2.5 billion (R18 billion) in cash for UraMin, to gain uranium mining assets as global demand for the nuclear fuel rebounds. The world's largest maker of nuclear plants had agreed to pay $7.75 a share, UraMin said on Friday. That is 4.6 percent more than UraMin's closing price in the US on Friday and 7.6 percent more than last Monday, the day before UraMin first said it was in talks. The acquisition will give French state-owned Areva exploration projects in Namibia, South Africa and the Central African Republic that have yet to start production. "This is essentially the French government buying major uranium deposits in Africa to ensure its supply of a strategic resource," said Kevin Bambrough, a strategist at Sprott Asset Management in Toronto, UraMin's second-largest shareholder. "This is extremely bullish for the uranium sector." "Shareholders are going to hold out for a higher offer," said John Meyer, a mining analyst at Numis Securities in London. "It's a company with assets on the way to development. This could be attractive for other bidders." Possible rival bidders included BHP Billiton, Anglo American and Rio Tinto, and Uranium One, which was developing South Africa's largest uranium deposit, said Meyer. Shareholders would probably hold out for about £4.50 (R64), he said. - Bloomberg