Word: uranium
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...taking "pro-active" steps to cooperate with the inspectors' requests, demonstrated most dramatically by Iraq's destruction last week of 40 banned al-Samoud missiles. "We are not watching the breaking of toothpicks," Blix said. ElBaradei disputed the veracity of Western intelligence reports that Iraq had purchased uranium from Niger. Secretary of State Colin Powell could barely contain his exasperation with the inspectors' upbeat assessments. Privately, his aides trashed them--"Pathetically unaggressive, amateurish and believing everything the Iraqis tell them," a senior State Department official said--and claimed that the inspectors are ignoring tips from U.S. intelligence and capitulating...
...west, said that security concerns prevented them from traveling to the capital, Yamoussoukro. Nuclear Fears NORTH KOREA Tensions over Pyongyang's nuclear program remained high as the U.S. resumed spy-plane flights near North Korea and announced that the country could be only months away from producing weapons-grade uranium. Amid concerns that Pyongyang was preparing to test a ballistic missile capable of reaching the Japanese mainland, Japan dispatched a reconnaissance ship toward the Korean peninsula and news reports said Tokyo was mulling sanctions if the test went ahead. MEANWHILE IN THAILAND ... Crimes of Passion Thai police have to fight...
...Iran announced last week that it intends to activate a uranium conversion facility near Isfahan (under IAEA safeguards), a step that produces the uranium hexafluoride gas used in the enrichment process. Sources tell Time the IAEA has concluded that Iran actually introduced uranium hexafluoride gas into some centrifuges at an undisclosed location to test their ability to work. That would be a blatant violation of the Nuclear Non-Proliferation Treaty, to which Iran is a signatory...
...nuclear program, the last thing President Bush needs is another nuclear crisis. But that is what he may soon face in Iran. On a visit last month to Tehran, International Atomic Energy Agency director Mohamed ElBaradei announced he had discovered that Iran was constructing a facility to enrich uranium - a key component of advanced nuclear weapons - near Natanz. But diplomatic sources tell TIME the plant is much further along than previously revealed. The sources say work on the plant is "extremely advanced" and involves "hundreds" of gas centrifuges ready to produce enriched uranium and "the parts for a thousand others...
Michel, 65, a Frenchman who stepped down as CEO in January and was succeeded by American Gerald Grandey, 56, spent his career turning Cameco from a Canada-focused mining company into a worldwide energy conglomerate. Cameco's goal is to become the ExxonMobil of uranium: a vertically integrated multinational involved in every stage of the fuel cycle, from extracting raw ore to fuel enrichment to delivering fuel rods. The company is a middleman in the U.S.-Russian program to import and reprocess uranium from decommissioned Soviet-era warheads, for use in reactors. With its 15% stake in the Bruce Power...