Australian (ASX) Stock Market Forum

Uranium companies on the ASX?

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I personally think that uranium power stations is the future for our every hungry power needs the earth's population is requesting.

What played our at Chernobyl is still on the lay-mans mind, but that was 12 years ago and I believe that, the non-polluting energy that it creates will be too irresistible in the end compared to coal powered stations and their greenhouse gases.
Clean-coal technology (for me) is just a pipe dream, I've heard that phrase for decades but it nobody has solved it.
Wind powered windmills have too many drawbacks especially in Australia where farmers etc can hear them from a mile away. Australia is a flat land so they will always end up in someones back yard. Interesting, I was in Greece recently and they had many windmills for energy, but all of them were high on mountain tops, nowhere near where anybody lived and got the best benefit out of them being high up.

The biggest drawback for me regarding uranium is how to store the toxic waste. I'm not sure of the answer, but I would like to think one could be competently found.

My question is what companies on the ASX deal with uranium? Can those of you that know please add them below.
 
I personally think that uranium power stations is the future for our every hungry power needs the earth's population is requesting.

What played our at Chernobyl is still on the lay-mans mind, but that was 12 years ago and I believe that, the non-polluting energy that it creates will be too irresistible in the end compared to coal powered stations and their greenhouse gases.

The biggest drawback for me regarding uranium is how to store the toxic waste. I'm not sure of the answer, but I would like to think one could be competently found.

Thorium can deliver everything that Uranium can but without all the negatives, no Chernobyl's, no meltdowns, no large amounts of toxic waste that takes centuries to become safe....clean, green, abundant, safe cheapish power forever and ever....Uranium has a very limited future IMO.

"There's not one 'silver bullet' to solve the climate and energy crises. There's two, and they're made of depleted uranium and thorium."

http://www.energyfromthorium.com/
http://en.wikipedia.org/wiki/Molten_salt_reactor
 
The biggest drawback for me regarding uranium is how to store the toxic waste. I'm not sure of the answer, but I would like to think one could be competently found.

My question is what companies on the ASX deal with uranium? Can those of you that know please add them below.[/QUOTE]


Try doing a searh on the asx website for starters:

http://www.asx.com.au/index.htm

BUT:
PDN, EXT, BNM, DYL, UEQ and, of course, the biggy, BHP are uranium players. UEQ has some big lease and some joint ventures with the worlds biggest Uranium miner Cameco as well as a really interesting way of purifying U from phosphate.
 
I personally think that uranium power stations is the future for our every hungry power needs the earth's population is requesting.

What played our at Chernobyl is still on the lay-mans mind, but that was 12 years ago and I believe that, the non-polluting energy that it creates will be too irresistible in the end compared to coal powered stations and their greenhouse gases.
Clean-coal technology (for me) is just a pipe dream, I've heard that phrase for decades but it nobody has solved it.
Wind powered windmills have too many drawbacks especially in Australia where farmers etc can hear them from a mile away. Australia is a flat land so they will always end up in someones back yard. Interesting, I was in Greece recently and they had many windmills for energy, but all of them were high on mountain tops, nowhere near where anybody lived and got the best benefit out of them being high up.

The biggest drawback for me regarding uranium is how to store the toxic waste. I'm not sure of the answer, but I would like to think one could be competently found.

My question is what companies on the ASX deal with uranium? Can those of you that know please add them below.

Have a look at ERA (one of the largest producers of uranium).In fact providing 10% of the world's uranium production.Also note that RIO owns 68% of ERA if that helps:)
Also note that 15% of the world's electricity is generated from nuclear power,using uranium as the fuel.
 
since you are asking , and I am bias by owning these . RAW (Rawson resources)
which is mainly oil and gas (australia & NZ) however they have a uranium permit in the states.

this is an extract from their latest annual report 30/09/2009

The Company completed a leasing program in its Montana USA uranium venture. This work is operated
by Geochemical Exploration Services Inc of Dallas, which has a 50 percent interest in the project, while
Rawson Uranium Pty Ltd also has a 50 percent interest in the project. A farm-out package has been
completed and, as interest in uranium exploration increases, the joint venture will seek partners for future
work.


http://www.asx.com.au/asxpdf/20090930/pdf/31l18mp7pmtd1p.pdf
 
Uranium companies - ASX

Hi

Can anybody give me a short list of uranium companies trading on the ASX under 10c that have got some potential to grow over the next couple of years.

Any help would be appreciated

Thanks
 
Re: Uranium companies - ASX

Hi

Can anybody give me a short list of uranium companies trading on the ASX under 10c that have got some potential to grow over the next couple of years.

Any help would be appreciated

Thanks

Watch list attached. Haven't done anything with it for a while so some may have moved to another sector etc. Not all beneath 10 cents either but you can do some editing.
 

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in regards to BHP

BHP's Olympic run stalledBARRY FITZGERALD
October 7, 2009 - 12:55PM
Production at Australia's biggest underground mine, BHP Billiton's Olympic Dam operation in outback South Australia, has been hit by a mechanical failure in the biggest of its two haulage shafts.

The mine last year hauled close to 10 million tonnes of copper, uranium and gold ore to the surface for treatment.

The value of its production was $1.8 billion (193,000 tonnes of copper, 4000 tonnes of uranium and 108,000 ounces of gold).

The production setback comes as BHP gets close to making a decision on converting Olympic Dam from an underground mine to one of the worlds biggest open-cut operations at a cost of $15-$20 billion.

The breakdown in the Clark shaft means that BHP will struggle to continue to haul the massive volumes of ore - from depths of below 400 metres - required to keep the surface treatment plant and processing facilities at full capacity.

BHP is still assessing the time it will take to return the Clark shaft to production and has told the stock exchange that it was unclear what impact the incident would have on production. A secondary haulage shaft is now being used.

BHP told the exchange that the mechanical failure occurred at 10.30pm yesterday. The haulage system used at Olympic Dam is fully automated, and no-one was injured in the incident.

''A full investigation is underway to determine the cause of the failure and the extent of the damage,'' BHP said.

''The safety of our workforce will take priority in determining any re-start of haulage operations,'' it said.

Safety at BHP operations has come under scrutiny following five deaths at its iron ore operations in the Pilbara in the June year, prompting an independent review under West Australian safety legislation.

thankyou have a niceday
 
Good info thanks Nun - your post copied over to the BHP thread too. Cheers.
 
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