 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Areva delays uranium mine project in Canada
Paris (AFP) Nov 25, 2008 The French nuclear group Areva said Tuesday it was delaying developing a uranium mine in Canada, where operations were scheduled to begin in 2010, in light of recent falls in the price of uranium. It said the decision affected the Midwest mine, located in the Canadian province of Saskatchewan. Explaining what it called a "strategic" decision," Areva cited a recent decline in the price of uranium and a significant increase in exploitation costs in the region. "If it were launched today, the profitability of the project would be uncertain," the company said. Areva in December 2007 announced the creation of joint venture with the Japanese group Ourd Canada and the Australian-Canadian company Denison-Mines to develop the Midwest mine, which has an estimated capacity of 14,000 tonnes of uranium. Initial work on the project was to have begun in mid-2009. Areva has a 69.16 percent stake in the joint venture. Related Links Nuclear Power News - Nuclear Science, Nuclear Technology Powering The World in the 21st Century at Energy-Daily.com
China says southeast nuclear plant part of stimulus plan
Shanghai (AFP) Nov 24, 2008China National Nuclear Corp., the country's biggest nuclear reactor builder, said Monday it has begun building a plant in the southeast as part of the government's economic stimulus plans. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement |
