Showing posts with label uranium mining. Show all posts
Showing posts with label uranium mining. Show all posts

Sunday, October 31, 2010

Front - end nuclear fuel cycle.

There are studies showing that Uranium resources can only last for a few years from now.
To us, this is not true and we disagree with it.

Why?

There are several reasons actually.
First of all, uranium reserves is directly proportional to its spot price.
When the market price for uranium is high, it means that the demand is increase.
When this happens, miners will start to mine more, thus will make known reserves to increase.

Its similar to the oil and gas industry.
I still remember when i was a little boy, i keep hearing people saying that fossil fuel is depleting and it will only last for a few years.
Now, its still the same. Yet people are still using fossil fuel as if it is going to last for the next 1000 years.
Numbers of new oil well is explored as demand increase.

Nuclear industry is not as famous as the oil and gas industry.
Mainly because people are scared of the word Nuclear.
Try to think if all the country in this world are generating electricity using nuclear, we believe that known uranium reserves will increase from time to time as more effort will be put on uranium exploration.

As for now, public awareness about nuclear must be put in our to-do list.
Go Green! Go Nuclear!



Thursday, October 14, 2010

Uranium Mining

Something has to start from somewhere...
So does the story of Nuclear...

And the story begins with - Mining.
Mining as we all know is the extraction of minerals or other geological materials from the earth.
In the case of uranium mining, the minerals extracted  = uranium ore.

Basically, there are several ways uranium can be mined.
This includes:-
- Open surface or Open pit mining.
- Underground mining.
- In-situ leaching.

Why several ways?
Well, it all depends on factors such as:-
- Depth.
- Size of the ore body.
- Type of rock formation which the ore is found.

In short:-
- Open pit mining is the conventional type.
- Underground mining is the least safe of all three methods.
- In-situ leaching is less costly to build and operate. It also has a number of advantages over the other two mining types.

But again, mining technique depends on the condition in which the ore is found.

Open pit mining
- Google image -
Underground mining
- Google image -



In situ leaching
- Google image -