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Petro-Power and the Nuclear Renaissance
With global demand for energy constantly rising and supplies contracting (or at least failing to keep pace), the world is being ever more sharply divided into two classes of nations: the energy haves and have-nots, says Michael Klare.
Not “Islamo-fascism” but “Energo-fascism” — the heavily militarized global struggle over diminishing supplies of energy — will dominate [...]
Why The U.S Is In Need Of a Nuclear Renaissance
James Finch submits: Depending upon which side of the fence you are sitting, the nuclear renaissance is either in full blossom or an arid landscape. The new uranium miners – Paladin Resources (TSX: PDN.TO – News), UrAsia (AMEX: UUU – News) and SXR Uranium One (TSX: SXR.TO – News) – celebrate the record spot and [...]
EU Commission to Present Energy Plan
An energy crunch that chokes fuel supplies, dims the lights at homes and workplaces, and ravages Western economies may no longer be the stuff of 1970s history books. It could be a vision of the near future.
The 1970s oil crisis gave Western countries a glimpse of what life is like when the energy supply isn’t [...]
China, sure of power supply, freeing coal prices
China will allow coal producers and consumers to set their own prices without state interference next year, as Beijing anticipates excess supplies and more than enough power capacity, government documents showed.
Analysts say the shift reflects Beijing’s growing confidence in energy and resource price reforms that will bring rates into line with higher global markets in [...]
Cuban Oil and Ethanol Could Prosper in Havana’s Hunt for Energy Supplies
• The pace is now quickening for the Cuban oil industry, whose previous dependence on Moscow for its supplies and operations ended with the demise of the Soviet Union
• Havana is on track for securing energy independence through relationships with foreign investors, including China and Venezuela, among others
• Venezuela proudly flaunts its involvement in the [...]
Uranium now a hot commodity
Uranium is the energy investment of choice for a growing number of hedge funds, which claim a sixfold gain since 2001 is just the beginning of a rally that will last years.
“We’re in a historic uranium shortage,” said James Passin, who manages $580 million at New York-based Firebird Management and began buying shares of uranium [...]
Crescent Resources Corp.: Letter Agreement Signed to Acquire 70% of the Oviedo Uranium Property, Paraguay
Crescent Resources Corp. (TSX VENTURE: CRC) is pleased to announce that it has signed a Letter Agreement that sets out the essential terms between Crescent Resources Corp. (”Crescent”) and Coronel Oviedo Mining Company SA (”Coronel”), a Paraguay corporation, whereby Crescent can earn up to a 70% interest in the Oviedo uranium property located in Paraguay.
ata wants to mine South Africa’s chrome, manganese, coal and iron-ore
A new Indian force is about to enter the South African mining industry.
Indian diversified industrial giant Tata has announced that its sub-sidiary, Tata Steel, is investigatingopportunities to mine chrome, manganese, coal and iron-ore in South Africa.
The announcement was made at the official inauguration of theconstruction of Tata Steel’s R670-million high-carbon ferrochrome plant in the port [...]
Move over, Fortune 500
o many Americans, names like Ranbaxy, Reliance and L&T probably don’t ring a bell. For that matter nor do Enbraer, Cemex or Galanz. But then a host of Japanese (Toyota, Honda) and South Korean (Samsung, LG) companies were largely unknown in the 1960s and 1970s and were dismissed as no-hopers by their competitors from the [...]
