Market analysts believe the overseas demand for uranium yellowcake could rise to unprecedented levels in the next decade.
Patersons Securities stockbroker David Johnson predicts the growing shortage of fossil fuels and the pollution caused by coal could result in a boom in nuclear energy.
He says the huge Chinese market may become a key customer for Australian [...]

The International Atomic Energy Agency said yesterday that it had completed the removal of 88 pounds of highly enriched uranium from a nuclear reactor near Warsaw and transferred the material to a secure site in Russia for disposal.
The operation, which was conducted secretly, is part of a continuing effort by American and United Nations officials [...]

Is the Alaska Pipeline corroded? You bet it is. Has been for more than a decade. Did British Petroleum shut the pipe yesterday to turn a quick buck on its negligence, to profit off the disaster it created? Just ask the “smart pig.”
Years ago, I had the unhappy job of leading an investigation of British [...]

Thailand’s Star Petroleum Refining Co (SPRC) will sell a 30 percent stake in an initial public offering in the first quarter of 2007, top energy firm PTT PCL , a major shareholder, said on Wednesday.
The listing, which would dilute PTT’s holding to 25 percent from 36 percent, was in line with an agreement made between [...]

Bolivia’s government postponed a $2.3 billion contract with Jindal Steel & Power Ltd., India’s third- biggest steelmaker, to develop the Mutun iron ore mine, Planning Minister Carlos Villegas said.
Bolivia shelved the contract, awarded June 2, to negotiate a greater share of profits from the project, which includes a steel plant and a sponge iron factory, [...]

In the wake of higher natural gas prices, a chemical plant in Chaplin says it will switch to coal to power its manufacturing process.
The Saskatchewan Minerals plant plans to spend $25 million on an upgrade, which plant officials say should be completed by September 2007.
While cheaper than natural gas, coal is also a dirtier fuel. [...]

Tanzanian politicians are pushing for the exploration of alternative sources of energy, including exploiting the country’s uranium reserves for electricity generation.
Uranium, one of the world’s most expensive minerals, is known to exist in Tanzania but has not been exploited despite the enactment of an Atomic Energy legislation in 2003.
Uranium has not been included in the [...]

Canary Resources Inc. today announced the formation of a new drilling company and a well service company. Canary’s management has hired experienced employees and procured equipment and inventory over the past several months, enabling Canary to reduce its reliance on an increasingly expensive and scarce third party services industry.
With the creation of these wholly owned [...]

Kenya’s hopes of becoming a coal producer are much higher after exploratory drilling in two districts yielded encouraging results.
According to Government geologists carrying out studies in the Mui basin in Kitui and Mwingi districts, coal, which is currently imported, has been found at a depth of 11 metres.
On site: Workers and part of the machinery, [...]

India has to aggressively exploit its limited uranium reserves while seeking opportunities for international nuclear cooperation without affecting the autonomy of its atomic energy programme, Atomic Energy Commission Chairman Anil Kakodkar said today.
Addressing members of the Department of Atomic Energy at a function here to mark 50 years of Asia’s first nuclear research reactor Apsara, [...]