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"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Friday, July 20, 2007

China, Australia, Uranium News

China Increases Interest Rates After Fastest Economic Growth in 12 Years China raised interest rates for the third time since March to cool the fastest pace of economic growth in 12 years and restrain inflation

China Says Illegal Fish Farms Responsible for Tainted Seafood Sold to U.S. China's government said unregistered fish farms were responsible for producing the seafood that was found by the U.S. Food & Drug Administration to contain banned chemical substances.

S&P/ASX 200 Rises to Record High, Led by BHP, Santos on Higher Metals, Oil Australian stocks rose, pushing the S&P/ASX 200 Index to a record. BHP Billiton Ltd. and Santos Ltd. led gains as metals prices rose the most in almost six weeks and oil traded at its highest in more than 11 months.

Tuareg Rebels on Brink of Shutting Down Niger's Uranium Mining On Wednesday, the rebel blog claimed a senior Niger officer had joined the rebels, bringing with him 'tens of soldiers and a score of 4x4 vehicles.' One report stated the rebel group's numbers had 'swelled to nearly 2,000.' More than 8,500 former Tuareg rebels have been trained in army school or given civil servant jobs – after the Tuareg uprising in the 1990s.

XX This last one is no surprise to readers who received the latest update on "Small Uranium Wonders."

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