Questions on Domestic Uranium and Jobs

Having testified to Congress on this issue of domestic uranium mining in the 2010 timeframe, I feel I must comment this AM.

Many questions came to me yesterday regarding the ruling by the Secretary of the Interior which removes uranium mining on the Northern Arizona strip. The Secretary of the Interior announced the removal of 1 million acres of federal mineral estate from mining on Monday.

What does this mean? There are several certain fallouts, in my opinion. First it makes the U.S. more dependent on foreign imports of uranium for the U.S. nuclear industry. It is indeed ironic that the Palo Verde nuclear plants in Arizona provide cheap and clean (“green,” if you are so inclined) energy to the state of Arizona and others such as California. Meanwhile we have imported the uranium from old Russian warheads (at significant expense and lessened national security) to run our 23 nuclear plants.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]

DEERFIELD BEACH, Fla. - January 10, 2012 (InvestorIdeas.com Newswire) - China Direct Industries, Inc. (the "Company") ( NASDAQ:CDII), a U.S. based company that produces, sources, and distributes industrial commodities in China and the Americas and provides cross border corporate advisory services announced today that it has named Hernan Grant Welch to the position of Executive Vice President and Chief Financial Officer. Mr. Welch replaces Mr. Andrew Wang who will remain with the company as a consultant to the accounting and finance department. Mr. Welch joins the senior management team at China Direct Industries after spending the last several months as our Vice President of Finance and SEC Reporting.

January 6, 2012 - Investorideas.com, a leader in sector research for independent investors issues an investor alert for TSX coal mining stock, Cline Mining Corporation (TSX: CMK.TO). The stock closed trading Thursday at $2.07, up 0.36 (21.05%) on over 8.8 million shares.

The Company issued news that further to its release of December 30, 2011, New Elk Coal Company, a wholly-owned subsidiary of Cline, received the last regulatory approval required for room and pillar mining in the Blue Seam on January 3, 2012. Regulatory approval had previously been granted for mining the Allen seam. Accordingly, all approvals are now in place for mining in both seams in accordance with the mining plan at the New Elk Coal Mine in Las Animas County, southern Colorado.

January 5, 2012 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for January 04, 2012. The Standard & Poor's/TSX Composite Index added 18.04 (0.15%) to close at 12,226.47.

Connacher Oil and Gas Limited ( TSX:CLL) was the most active stock on the TSX and ended lower by 0.110 (-12.36%) to close at C$0.78 with more than 18.35 million shares traded, correcting from its previous session's rally over 17%. The company made a statement that it sees strong fourth-quarter results, considering sudden jump in crude and bitumen prices.

Vero Energy Inc (TSX:VRO) shares climbed 0.19 (7.17%) to end at C$2.84, extending its prior session rally on news that the company is looking to divest some of its natural-gas assets to a private oil and gas company valuing C$209 million.