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A coalition of doctors, environmental groups and First Nations leaders gathered in Montreal Thursday to publicly urge Quebec’s new premier to maintain the moratorium on uranium mining until the risks and impacts of these mines on surrounding communities have been thoroughly studied.
To most people, the outlook for nuclear power wouldn’t seem bright. The Fukushima disaster in Japan three years ago increased public resistance to the industry. Cheap natural gas is undercutting its competitiveness. Aging nuclear plants around the country, including Vermont Yankee in Vernon, Vt., are shutting down.
This is just a quick note to let you know how our new venture, 'Stock Trader' has been doing. As we wrote recently;
“our strategy is to keep our gun powder dry until we get either a serious spike down or signs that this bear phase has run its course and is now exhausted. We are looking forward with great excitement for this bull to resume its trek north. We have short listed a number of stocks which we expect to rise in multiples of the gold and silver price rise. This list is constantly being honed in an attempt to select only those stocks with the greatest likelihood of success.”
We realize that retaining the lions share of our funds in
Rick Rule, Chairman of Sprott Global Resource Investments Ltd., says that the ‘management interview’ is critical before investing in any junior resource company.
In this talk, he outlines what questions to ask before investing.
“You want to figure out how the company will generate a return for your money,” says Rick.
Exploration is similar to research and development in technology, he explains. Companies are trying to answer a question, or a series of questions. They need to discover something new of value. In the case of ‘juniors,’
London-Based Engineering Group to Dispose of Assets After Selling Energy Unit to Siemens AG
Rolls-Royce Holdings RR.LN -2.98% PLC will focus on growing its civil nuclear power activities and dispose of other assets after agreeing to sell the bulk of its energy unit toSiemens AG SIE.XE +2.06% .
The London-based company may sell residual activities in fuel cells and smaller power stations that Siemens does not want, Rolls-Royce's Chief Financial Officer Mark Morris said Wednesday.
By Carol Browner—Ms. Browner served as Administrator of the Environmental Protection Agency under President Clinton, and as Director of the Office of Energy and Climate Change Policy under President Obama. She is a member of the Leadership Council of Nuclear Matters, an organization that is funded by nuclear-energy concerns such as Exelon Corp (NYSE:EXC).
Many in the global community may be wrestling with whether to continue their nuclear programs, including some policymakers in the United States. But the country’s national research laboratories say that they are busy devising advanced reactors — the kind that could minimize Fukushima-like accidents.
The Fukushima nuclear disaster has compounded what remains a persistent problem, which is the high capital costs associated with building such plants and the relative risks tied to those investments.
[Operator Instructions] Our first question is from Ben Isaacson from Scotiabank.
Ben Isaacson - Scotiabank Global Banking and Markets, Research Division
I have 2 questions. First one for Tim. You stated in the press release that you expect little improvement over the near to medium term, and I just wanted to dig into that a little bit. When you look at the spot price decline in recent weeks, can you talk about whether that surprises you? And in your own internal planning, how do you think about the sustainability of the current price against the cost curve?
More than three decades after the accident at Three Mile Island cast a shadow on the atomic dream, is America again ready to give nuclear energy a chance?
There is a certain irony in the shorthand that experts commonly use when discussing this country’s closest brush with nuclear cataclysm: TMI. Today, those letters are widely understood to mean “too much information.”