Welcome!
Log In
Create A New Profile
Niger unrest
Posted by Rien
|
Niger unrest July 10, 2007 01:41AM |
Moderator Registered: 1 year ago Posts: 417 |
http://biz.yahoo.com/seekingalpha/070709/40442_id.html?.v=1
The next potential squeeze on uranium supply could come from terrorism, not nature.
The world's seventh and eighth uranium producing mines are found in the Republic of Niger: the underground Akouta and the open pit Arlit. Together, they produced 3434 tonnes of uranium in 2006, according to the World Nuclear Association. This accounted for more than eight percent of the world's mining production last year.
...
This region has been declared a war zone by the government and in this situation we cannot allow the Chinese to continue extracting natural resources while civilians are being killed.
He had made this statement after Tuareg and other nomadic tribes, led by the highly trained militant Aghaly ag Alambo, kidnapped China Nuclear International Uranium (Sino-U) deputy general manager Zhang Guohua.
...
We have been following the Tuareg story since April, when thirty armed MNJ nomads attacked Niger's Akouta uranium mine, controlled by an AREVA subsidiary.
...
Little took place until June when another 20 MNJ members boldly, but unsuccessfully, attacked an international airport, located in Agadez. This is another area being prospected for uranium deposits.
...
The Tuareg rebels have complained about Chinese workers taking the jobs of local workers. Ag Alambo issued a warning that he was opposed to foreign companies supplying Niger's national army, which has been detaining and killing civilians during a brutal regional security crackdown.
At the root of the recent Tuareg hostilities is the demand to have greater control over Niger's mineral resources, especially the country's uranium interests. Uranium comprises more than 70 percent of the country's exports. Ironically, Niger derives 100 percent of its electricity from fossil fuels. The electricity-producing power plant the rebels attacked earlier this year generates power to mine uranium.
...
And a disaster is what could possibly occur between now and September, before the annual nomadic gathering, should the MNJ insurgents continue targeting uranium interests in Niger.
...
And now the Tuareg and other nomads appear to have banded together to reclaim their territory, which includes uranium prospecting licenses awarded to foreign operators.
...
On Sunday, Tuareg rebels demanded that all foreign miners leave Niger.
The next potential squeeze on uranium supply could come from terrorism, not nature.
The world's seventh and eighth uranium producing mines are found in the Republic of Niger: the underground Akouta and the open pit Arlit. Together, they produced 3434 tonnes of uranium in 2006, according to the World Nuclear Association. This accounted for more than eight percent of the world's mining production last year.
...
This region has been declared a war zone by the government and in this situation we cannot allow the Chinese to continue extracting natural resources while civilians are being killed.
He had made this statement after Tuareg and other nomadic tribes, led by the highly trained militant Aghaly ag Alambo, kidnapped China Nuclear International Uranium (Sino-U) deputy general manager Zhang Guohua.
...
We have been following the Tuareg story since April, when thirty armed MNJ nomads attacked Niger's Akouta uranium mine, controlled by an AREVA subsidiary.
...
Little took place until June when another 20 MNJ members boldly, but unsuccessfully, attacked an international airport, located in Agadez. This is another area being prospected for uranium deposits.
...
The Tuareg rebels have complained about Chinese workers taking the jobs of local workers. Ag Alambo issued a warning that he was opposed to foreign companies supplying Niger's national army, which has been detaining and killing civilians during a brutal regional security crackdown.
At the root of the recent Tuareg hostilities is the demand to have greater control over Niger's mineral resources, especially the country's uranium interests. Uranium comprises more than 70 percent of the country's exports. Ironically, Niger derives 100 percent of its electricity from fossil fuels. The electricity-producing power plant the rebels attacked earlier this year generates power to mine uranium.
...
And a disaster is what could possibly occur between now and September, before the annual nomadic gathering, should the MNJ insurgents continue targeting uranium interests in Niger.
...
And now the Tuareg and other nomads appear to have banded together to reclaim their territory, which includes uranium prospecting licenses awarded to foreign operators.
...
On Sunday, Tuareg rebels demanded that all foreign miners leave Niger.
Current Ratings: 0 negative/0 positive
Sorry, only registered users may post in this forum.