Australian uranium in Africa – our responsibility?
Mining in Africa Poor working conditions, a high exposure to radiation, deaths and injuries to workers, road accidents, toxic spills and the discharge of radioactive tailings into a local river are just some of the reported incidents at Malawi’s Kayelekera Uranium Mine (KUM). The mine, located in the north...
Paladin’s Curse: Kayelekera and the Extended Mining Saga in Malawi
Jessie Boylan for The Mining Monitor, February 2015 In the rolling hills 575 kilometres north of Malawi’s capital city Lilongwe, lies Paladin’s Kayelekera uranium mine, the first major mining development in Malawi that began operations in 2008, it was to be the standard on which future mines would be...
Nuclear AGM’s – Toro and Paladin
Toro Energy – Wiluna uranium proposal WA Part of keeping an eye on mining companies is through proxies or shares, MPI has shares in Toro Energy the proponent of WA’s first uranium mine proposal. In October Toro held an extraordinary general meeting MPI Director Charles Roche attended the meeting...
Firms use tax money for aid projects
WEALTHY resource companies operating overseas are tapping into Australian taxpayer funds to set up aid projects potentially benefiting their corporate social responsibility credentials. Aid and mining watchdogs have expressed concerns about the practice, arguing the corporations are wealthy enough to bankroll their own aid and that linking donations to...
Paladin and Toro AGMs
By Mia Pepper The overall theme of both the Paladin and Toro Annual General Meetings was the dire financial situation of the uranium price, finances of the respective companies and the future of the nuclear industry. There were forward looking and overly optimistic predictions about a uranium supply shortfall...
Paladin punished on weak production
31-Oct-2011 by AAP Shares in Africa-focused miner Paladin were punished after it reported a fall in uranium production amid weak market prices, despite record sales for the September quarter. Paladin produced 1.24 million pounds of uranium in the three months to September 30, a 15 per cent decrease compared to 1.46...