Uranium miner Paladin Energy is cutting more jobs and reducing executive pay and other spending in response to continued falls in the price of the nuclear energy source.
The Perth-based company, which operates two uranium mines in Africa, says it will reduce the number of head office staff in the current financial year, and cut the base salaries of managers by 10 per cent
BY: TERENCE CREAMER
The Department of Energy (DoE) will be undertaking study tours to a number of key nuclear-energy jurisdictions in the coming months ahead of a final nuclear decision, which government still insists will be made before the end of the current financial year, which runs until March 31, 2014.
South Africa has opted for a phased decision-making approach under the direction of the National Nuclear Energy Executive Coordinating Committee (NNEECC), which is now chaired by PresidentJacob Zuma, having previously been overseen by his deputy, Kgalema Motlanthe.
Indian nuclear plants register 379 reactor years of operation, 80% capacity factor
The Indian nuclear power sector has registered over 379 reactor years of safe operation as on date. The average annual availability of the Indian nuclear power plants (NPPs) has remained at 90%.
Six of the 19 reactors, currently under operation, have logged continuous operation of more than 300 days during the year,
By Alex Daley, Chief Technology Investment Strategist
One set of investors has managed to catapult themselves to near-demigod status in recent years, with revelers hanging on their every word. They even have their own TV shows. Yet, with one simple investment, you could make double what they do. Here's how.
In some circles, they've become as iconic as Babe Ruth or Ted Williams. You overhear people talking about the time they met one in a surprise encounter in a swanky bar, as if they'd just brushed shoulders with a resident of Olympus. The mix of reverence, fear, and giddiness in the conversation is almost palpable.
I'm talking about the legends of Sand Hill Road: guys like Kleiner Perkins Caufield & Byers (KPCB) partner Tom Perkins, whose massive three-masted mega yacht, The Maltese Falcon, regularly cruises San Francisco Bay and more exotic ports of call:
The untold wealth built by these venture capitalists (sounds almost like adventure capitalists, doesn't it? Even their label is kind of sexy…) has long attracted followers, imitators, and groupies alike
Oil investors have benefited from the rise of the price of a barrel of crude over the past several years. The price was in the mid-40s during the 2008 crisis, and has risen to around $110 per barrel today.
That’s quite a move, and, if you listen to the mainstream press, you’ll get one explanation for the current high price. But Rick Rule
Members accept limited role for atomic power at Glasgow conference in historic reversal of policy
In a historic reversal of policy, hundreds of members on Sunday voted in favour of accepting a "limited" role for atomic power plants in a safe and affordable way
Nuclear power might well be a competent civilization's solution to its theoretical carbon-dioxide problem. Now if only humans had a competent civilization.
Japan's government, in its latest solution for the stricken Fukushima Dai-ichi nuclear plant, will do what it likes doing anyway: spend money on extravagant public works projects. A network of supercooled pipes will freeze the ground around the plant
Abe, who recently suggested that the plant's operator, Tokyo Electric Power (Tepco), was incapable of overseeing the operation on its own, said the government would soon announce a comprehensive plan to deal with the world's largest nuclear cleanup
By way of a change we have for you 'The Innocenti' by Frank Kirtley which is our book of the week;
if you crave the need for an honest thriller set in spain, read on. if you like mini car chases that are not impossible, simply seat-of-your-pants, read on. if you savour pages that are steeped in a love story, read on. on the other hand if you like your heroes to be able to fly stealth bombers and catch bullets between their teeth, then throw this away. because this is the innocenti