
Guinea hit by violent union protests
Uranium prices had quadrupled for the last two years as many countries had turned to nuclear power as a means of reducing their carbon footprint amid concerns over global warming and emissions targets set under the Kyoto Protocol.Guinea President Lansana Conte, a chain-smoking septuagenarian who had ruled the former French colony since a 1984 military coup, had given uranium exploration contracts to two other companies, Nova Energy and Contico.
Mineral-rich Guinea, which was rocked by violent union protests against Conte's government at the start of this year, contained a third of the world's proven reserves of bauxite, the raw material for aluminium.Many African countries had expressed interest in atomic fuel to alleviate worsening power shortages across the world's poorest continent, which were hobbling economic development and holding back living standards.
Algeria, US sign nuke co-operation accord
In June, Uganda President Yoweri Museveni - whose country recently discovered uranium - told the leaders of the G8 industrialised nations that Africa needed nuclear energy to meet its burgeoning power demands.South Africa was sub-Saharan Africa's only nuclear energy producer. It aimed to raise the share of atomic power in its energy mix to 15% from 6% as it struggled to meet the demands of a booming urban population.In north Africa, Algeria recently signed a nuclear co-operation accord with the United States, while Libya inked a similar deal with France last month.Meanwhile, Senegalese President Abdoulaye Wade had expressed his determination to build a nuclear reactor before his term ends in 2012.Africa was the world's leading producer of uranium 30 years ago and it accounted for about 20% of global output, after top producer Australia.Intelligence agencies had raised concerns about the radioactive mineral, particularly in war-torn states like the Democratic Republic of Congo, being used by rogue states or terrorist organisations.
http://www.news24.com/News24/Africa/News/0,,2-11-1447_2169810,00.html
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