Energy Department Withdraws Yucca Mtn. License Application

Source: The Wall Street Journal, Siobhan Hughes (3/4/10)

"[The department] hopes to develop a new plan for long-term disposal of nuclear waste."

The Energy Department filed to withdraw an application for a nuclear-waste repository at Yucca Mountain, formally seeking Wednesday to reverse a Bush administration policy.

The Obama administration's Energy Department has said that it hopes to develop a new plan for long-term disposal of nuclear waste. The Energy Department has established a blue-ribbon panel to make recommendations.

The application has been pending with the Nuclear Regulatory Commission since June 2008, when the Bush administration applied for a license for the first national repository for spent nuclear fuel and high-level radioactive waste. The Environmental Protection Agency later set radiation standards for the proposed facility, and the government awarded a $2.5 billion contract to a URS Corp. unit to manage the facility.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."