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Good late rise here and up 33.75% today on the Bolsa. I can't find any news as yet to explain this, but I suspect it may be that the second appeal of Ecologists in Action against the authorisation granted by the Ministry of Industry to the project on September 17, 2015 has failed. I'll post what I can find if indeed this is the case.
The uranium market is like transfer deadline day in the Premier League, all the activity in the final 12 to 24 hrs.
We are a few weeks from deadline day, 2022 and 2023 will be interesting, do the eu wish to rely on sourcing their uranium from Africa or are they going to go down the solar and wind route?
There was a good article in the New York Times today regarding Germany's paranoia about nuclear energy and the problems that pandering to so-called green pressure groups may entail. It's the same in many EU countries where the "ecologists" have a strong pressure influence at the ballot box:
https://www.nytimes.com/2020/01/08/opinion/nuclear-power-germany.html
The importance of nuclear power generation is still very important to China however. I noticed that CNNC have bought a small Spanish engineering firm which specialises in the design, engineering, installation and maintenance of treatment of radioactive waste and the decommissioning of nuclear plants.
"The purchase of Nusim is part of CNNC's international expansion plan to participate in projects in Europe, Africa and South America, including the dismantling of European plants, with the clear intention of cooperating in the globalisation of the entire industrial chain of the nuclear sector, improving the quality and efficiency of the Chinese nuclear industry in environmental protection."
https://elpais.com/economia/2019/12/26/actualidad/1577359611_983821.html
Still can't find confirmation about the court action, or otherwise, but will keep you posted.
When was the last time these eco warriors protested at Germanys coal mining operations, have you seen the size of them.
https://www.youtube.com/watch?v=aT2SNX8irCc
Besides which how much nuclear energy are the Germans taking from the French nuclear power stations, hypocrites?
Some great details in this interview
https://www.youtube.com/watch?v=F0yDOzAgEr8
Also touches on zee germans
Thanks Paul, will have a listen later. Also, I notice that the Junta de Castilla y León have applied for a mining research permit for Villasrrubias, which is about 50 miles from Retortillo. I would expect that there would not be any issue with BKY's application for permits for the non-uranium metal exploration in that case...
BKY has requested six research permits not only for gold, but also for other minerals such as tungsten, tin, lithium, tantalum and rare earths, among others.
https://www.lagacetadesalamanca.es/provincia/la-fiebre-del-oro-vuelve-a-salamanca-MB2012871
What is to say more explorers will start looking around the whole area and start applying for permits?
If they keep saying no then justify the lack of jobs and flourishing economy to the locals.
As expected I suppose, matnotan. Are the Ecologistas running a campaign against the proposals for the other mining explorations in the area mentioned in my earlier posts?
I can’t make sense of what the link actually means, other than some event in March 2019.
The Supreme Court has rejected the appeal against the new appointments for the CSN, one of whom, Francisco Castejon, is a well known anti-nuclear campaigner and former leader of Ecologists in Action. Unbelievable.
Background:
https://www.lavanguardia.com/natural/actualidad/20190226/46687495540/francisco-castejon-fernando-marti.html
The Sept '19 interims said "The legal challenge that the Company had previously lodged against the procedure for the 2019 appointments to the Board of the NSC was withdrawn during the quarter." I don't know if this Jan decision is in the same proceedings (PP are a party too I think). I think the decision leaves Castejon (as a Podemos MP) on the CSN, although I believe there's a PP member too. Broxy, I'm sure you'll know!
Meanwhile atmospheric CO2 continues to build and drive climate change. Difficult for them, but I'd like to see Attenborough and other expert commentators on CC articulate their specific ideas, solutions and policy suggestions for reducing CO2 now, not just keep repeating there's an urgent problem no-one does anything about. Bill Gates, Barack Obama, James Lovelock et al (not stupid people) all favour nuclear.
PS Where's BKY's new boss, and where's this CSN report?
Its not so much a like for like comparison but
Spain:-
Land Size 505,990 km²
Population 46.33million
Life expectancy at birth 83.33yrs
Now let's compare it to another country on its latitude South Korea, which has North Korea as a neighbour.
South Korea:- (embracing nuclear energy)
Land size 100,210 km²
Population 51.64m
Life expectancy 82.63yrs
Spain are being made a fool of by the eu when their location dictates they should be an ocean going nation and traders. To do this they require a reliable source of carbon neutral energy to manufacture goods and obviously air conditioning during hot summers.
However this Francisco Castejon is in a position to hold the potential of Spain back and expects everybody to live in an agrarian economy whilst conviently looking the other way if Spain sources electric from the French and their nuclear grid, whilst he comes up with a solution.
Just look which way the Dutch are going next door to their coal burning German neighbours.
https://www.independent.co.uk/environment/holland-emissions-climate-change-supreme-court-urgenda-dutch-co2-a9256346.html
Anything within the eu is complete and utter bonkers, hypocritical and contradictory whilst the rest of the world moves on.
The Germans should do another policy U-turn, close that lignite mine, and build a nuclear power station on the land freed up. That would help slow climate change, and redeployment of the workforce to building it would ease the local economic consequences of mine closure. I'm not sure how well the news would be received in the Garzweiler Miners Social Club after a few beers though.
"I think the decision leaves Castejon (as a Podemos MP) on the CSN, although I believe there's a PP member too."
Spot on, flundra. I think proceedings were brought by the PP - at least BKY saw that any money spent pursuing this case themselves would be wasted. No news about the CSN report either. Mr Behets still seems to be in temporary charge at the moment. When's the next general election then.......
Yes, ironic, but the best hope may even be that there's a good chance this coalition (like other Spanish governments recently) will disintegrate too, and in short order. I'm sure you're right about the court proceedings, although I'm harbouring some hope/delusion that BKY's recent comments about collaboration (eg in Sept quarterlies) might have meant their withdrawing from the proceedings was a quid pro quo for CSN taking a more rational unbiased scientific approach. Maybe something's been said.
Hey Broxy old boy,
“ As expected I suppose, matnotan. Are the Ecologistas running a campaign against the proposals for the other mining explorations in the area ”
Do you know if these explorations are for uranium to?
Not for Uranium, but for gold, rare earths, lithium etc. The Junta de Castilla y León have applied for a mining research permit for Villasrrubias, which is about 50 miles from Retortillo. I would therefore presume that issuing permits for BKY's and others' explorations would not be an issue. The JCyL no longer have a PP majority..
https://www.lagacetadesalamanca.es/provincia/la-fiebre-del-oro-vuelve-a-salamanca-MB2012871
I was wondering how this situation was coming along,https://www.lse.co.uk/rns/BKY/berkeley-energia-drill-programme-for-critical-battery-and-ev-metals-3h5ngs1235zj6tr.html
Is there uranium also in the ground to where they have drilled or is it a different pasture?
Is there uranium in the ground where the others wish to explore/drill/mine?
From what I can see, none of the new license applications from any party mention Uranium - perhaps understandably as who would want to jeopardise successful application in the current political climate?
"The first target for BKY is located 50 kilometres from Retortillo, which has already been mined for high-grade lithium and tin and contains significant cobalt anomalies.
Alongside its three recently announced new Spanish exploration licences, Berkeley Energia has also been awarded a 31 kilometre squared licences containing former titanium and lithium operations. It is next to an area already being drilled under Berkeley Energia's present programme."
Development of any of these to fully fledged mines would require an Urbanisation License to permit construction of the mines and ancillary buildings. This perhaps may prove easier to obtain for non-uranium projects....
https://www.morningstar.co.uk/uk/news/AN_1561459649708289400/berkeley-energia-starts-initial-drill-programme-at-spanish-licence.aspx
I also presume application for these particular licenses would not have to go via the CSN or Francisco Castejon, although the ecological tentacles probably spread everywhere.
I really am hoping Francisco comes up with some alternative to Nuclear Energy that is carbon free or else he will not get a Bully's special prize it will be look what you could have had!
The next generation of Spain will be more energy demanding than ever and require carbon free, instead they will live in a Pol Pot agrarian lifestyle as things are progressing, an interesting road ahead.