Hi folks, the purpose of this update is to provide information on developments since the World Heritage Committee meeting of July 12; in particular: 1) ERA's 1998/1999 financial year full-year summary 2) The text of the final World Heritage Committee decision (for those who haven't seen it from other sources) 3) The text of an ABC broadcast featuring Bob Collins. (In the original interview Collins was followed by Karen Oxnam - Director, Jabiluka uranium mine - and segments of the interview with her follow). Where all this comes together is in (a) the increasing level of admission by ERA that the Jabiluka project depends on permission from the Mirrar to use the Ranger processing mill; and (b) widening acceptance among 'significant others' in the Kakadu region that this is not going to be the case. ******************************************************************************** 1) ERA'S 1998-1999 FINANCIAL YEAR FULL-YEAR SUMMARY ERA's summary, released as a media release and stock-exchange announcement, notes the following (all points reproduced, just in case we should be accused of attempting to attempting to skew the news our way) (though comments are adde on occasion): * Earnings before interest and tax decreased by 6% to $45.8m * Profit after tax decreased by 18% to $21.9m (just as a matter of context: as a proportion of North Ltd's overall income, ERA dropped from 18% in the 1996-97 annual report to 9% in that of 1997-8. That represents a more than 50% drop in income for that year. While we might have preferred a similar drop this year, it was not to be. But 6% is bringing the drop up to around the 60% mark.) * An 11.0 cent fully-franked final dividend declared, maintaining a total dividend of 14.0 cents * Sales revenue decreased by 14% * Sales of Ranger material - 4006 tonnes. (This is a decrease from 4635t in 1998) * Four new sales contracts signed * Ranger production is up, to 4380t (from 4162t in 1998) (But it is being dropped to 4000 from 1.1.99) * Mining of Ranger #3 ahead of schedule * "The first stage of the Jabiluka mine was developed under budget and ahead of schedule". The drop in sales is due to "...several existing customers exercizing their option to reduce their sales for the year". (p2). Wouldn't it be nice to know which ones and why? The four new sales contracts apparently mean that "...contracts (are) now in place for over 25 000 tonnes of production in the next ten years." What? Contracts for only 2 500 tonnes per year, when they're at looking at producing 4000 tonnes a year from Ranger AND wanting to phase Jabiluka in in 18 months? Surely North shareholders need to point out yet again that the future simply is simply not in the Jabiluka mine, especially since uranium prices have actually dropped since last year (from US$11.23 per pound last year to $10.07 this year). The above is kind of academic. The Sydney Morning Herald (20.8.99, 24) says "Stockbroking analysts say Jabiluka would be uneconomic if ERA was forced to construct a stand-alone plant, given present low uranium prices." Which, of course, it will be. Curiously, in view of the agreement ERA is supposed to have made at the World Heritage meeting, no mention is made of the 18-month break. The closest it gets is: "A six week core sampling process will be completed in August 1999 after which the development will enter a six to twelve month design phase encompassing additional mine planning and further environmental, safety and cultural studies." Apparently, ERA's share price rose by 7 cents to $1.90 because of this announcement. This rise takes it to about 20 cents less per share than it was when the price allegedly 'exploded' to about $2.10 immediately after the World Heritage decision. Seems the share-buying public isn't convinced. After all, neither price compares well with the $4.60 ERA shares worth up to the early part of last year. Finally, "(o)n 12 July 1999 the World Heritage Committee, by a majority of 20 to one, confirmed that the Jabiluka Project would not cause Kakadu's world heritage status to be placed in danger." Below is the full text of the decision. If you can find anything in there to suggest the Committee confirms any such thing, please let us know. While this is certainly the line the government and ERA have touted in the press, the reality is somewhat different. ******************************************************************************* 2) DECISION OF THE THIRD EXTRAORDINARY SESSION OF THE WORLD HERITAGE COMMITTEE, 12 JULY 1999 Kakadu National Park (Australia) 1. The Committee, (a) Emphasizes the importance of Articles 4, 5, 6, 7 and 11 of the 1972 UNESCO World Heritage Convention. In particular the Committee emphasizes Article 6 (1) which states that: Whilst fully respecting the sovereignty of the States on whose territory the cultural and natural heritage (...) is situated, and without prejudice to property right provided by national legislation, the States Parties to this Convention recognize that such heritage constitutes a world heritage for whose protection it is the duty of the international community as a whole to co- operate. (b) Recalls that the twenty-second session of the World Heritage Committee in Kyoto (1998) expressed "grave concern" over the ascertained and potential dangers to the World Heritage cultural and natural values of Kakadu National Park posed by the proposal for uranium mining and milling at Jabiluka; (c) Notes that the deliberations of the twenty-third session of the Bureau and of the third extraordinary session of the Committee demand the continuous serious consideration of the conditions at Kakadu National Park by the Committee with reference to Section III, in particular Paragraph 86 of the Operational Guidelines for the Implementation of the World Heritage; (d) Expresses its deep regret that the voluntary suspension of construction of the mine decline at Jabiluka until the twenty-third session of the Committee (requested by the twenty-second session of the Committee) has not taken place; (e) Is gravely concerned about the serious impacts to the living cultural values of Kakadu National Park posed by the proposal to mine and mill uranium at Jabiluka. The Committee is of the opinion that confidence and trust building through dialogue are crucial for there to be any resolution of issues relating to the proposal to mine and mill uranium at Jabiluka. In particular, a more substantial and continuous dialogue needs to be established between the Australian Government and the traditional owners of the Jabiluka Mineral Lease, the Mirrar Aboriginal people; (f) Is concerned about the lack of progress with the preparation of a cultural heritage management plan for Jabiluka; (g) Continues to have significant reservations concerning the scientific uncertainties relating to mining and milling at Jabiluka. 2. The Committee, (a) Recognizes, with appreciation, that the Australian Government, Australian Supervising Scientist, advisory bodies (IUCN, ICOMOS and ICCROM) and independent scientific panel (ISP) established by the International Council of Science (ICSU) have provided the reports requested by the twenty-second session of the Committee (Kyoto, 1998); (b) Acknowledges that there are indications that a new dialogue between the Mirrar Aboriginal people and the Australian Government has begun in relation to issues concerning the Jabiluka uranium mine and mill. The Committee considers this to be an essential step in finding a constructive solution to the issues raised by the UNESCO mission to Kakadu National Park and encourages the Australian Government to intensify their efforts in this regard and pursue with vigor the deepening of its dialogue with the Mirrar Aboriginal people; (c) Notes that the Australian Government has stated (in document WHC-99/CONF.205/INF.3G entitled "Protecting Kakadu National Park" submitted by the Australian Government) that "full scale commercial mining at Jabiluka would only be reached about 2009 following the scaling down of production at the Ranger mine so that two mines would not be in full production simultaneously". The Committee further notes that the Minister for Environment and Heritage has stated that there shall be no parallel commercial scale operation of the Ranger and Jabiluka uranium mines located in enclaves surrounded by, but not included, in Kakadu National Park. The Committee considers that it is the clear responsibility of the Australian Government to regulate the activities of a private company, such as Energy Resources of Australia, Inc, in relation to the proposed mining and milling activities at Jabiluka to ensure the protection of the World Heritage values of Kakadu National Park; (d) Notes that the Australian Supervising Scientist (ASS) has assessed the report of the independent scientific panel (ISP) established by the International Council of Science (ICSU) and seeks a dialogue with the ISP to resolve outstanding questions relating to scientific issues concerning mining and milling at Jabiluka. 3. With consideration of 1 and 2 above, the Committee will remain vigilant in reviewing and assessing the progress made by the Australian Government. To this end the Committee requests that the Australian Government submit a progress report on the following issues by 15 April 2000 for examination by the twenty-fourth session of the Bureau of the World Heritage Committee: (a) progress made with cultural mapping of the Jabiluka Mineral Lease and the Boyweg-Almudj site and its boundaries and the completion of the cultural heritage management plan with the necessary co-operation of the Mirrar, and appropriate involvement of other stakeholders and ICOMOS and ICCROM; (b) progress in the implementation, in response to the Kakadu Region Social Impact Study (KRSIS), of a comprehensive package of social and welfare benefits, together with the Northern Territory Government, for the benefit of the Aboriginal communities of Kakadu (including the Mirrar); (c) more precise details of the output and scale of any parallel activities at the Ranger and Jabiluka uranium mines as well as on any legal provisions taken in that respect. 4. To resolve the remaining scientific issues, such as those raised in the ISP report, the Committee asks ICSU to continue the work of the ISP (with the addition of any additional members) to assess, in co-operation with the Supervising Scientist and IUCN, the Supervising Scientist's response to the ISP report. The report of the ISP's assessment should be submitted to the World Heritage Centre by 15 April 2000 for examination by the twenty-fourth session of the Bureau of the World Heritage Committee in 2000. **************************************************************************** 3) ABC news Fri, 13 Aug 1999 13:58 AEST LOCAL NEWS : Northern Territory Jabiluka 'just won't happen': Former Northern Territory senator and federal minister Bob Collins has serious doubts that the Jabiluka uranium mine will go ahead Mr Collins is the chair of the Kakadu Region Social Impact Committee, a group charged with developing and implementing a plan for the future of the area after mining in the region is finished. He says if the miner, Energy Resources of Australia, cannot mill the ore at the existing Ranger mill, there is no way the company will build a new mill at Jabiluka. "All of the assumptions I'm making in of the work I'm doing out there is that's not going to happen," Mr Collins said. "I think it's a highly economically [and] I think it's beyond argument environmentally. I just don't think it's going to happen. "So what that means is this; if they do not have a successful negotiation on what they call the RMA, the Ranger milling alternative with the road just taking the ore over, in my view Jabiluka just won't happen," SOME MORE DETAIL FROM THE ORIGINAL INTERVIEW (8DDD 13-8-99, 0830) (for those unfamiliar with the convention, dots "...." indicate that material has been edited out for the purposes of this update) INTERVIEWER (Fred McHugh): ...And as I understand it at the moment there's a real sense of uncertainty in the region. COLLINS: Yes, there is, Fred, and that's across the whole community, Aboriginal and non-Aboriginal.... But I think the most significant one was the agreement for 18 months and the agreement delay and the agreement by the company to phase out Ranger before they phase out Ranger before they phased in Jabiluka if Jabiluka goes ahead at all.... COLLINS: ....I'll get right down to the bottom line. The company has been saying consistently as they have a right to say that, if they're forced to do so, they will construct milling facilities and tailings dams and everything else up at Jabiluka instead of proceeding to use the facilities... INTERVIEWER: Clearly not their preferred option. COLLINS: Way, way from it. They've in fact used that word, 'forced'; if they're forced to do it. They've got a legal right to do that. But all of the assumptions I am making in respect of the work I'm doing out there is that it's not going to happen. I think it's a highly arguable proposition economically. I think it's beyond argument , environmentally. I just don't think it's going to happen. So what that means is that: If they do not have a successful negotiation on what they call the RMA, the Ranger milling alternative, for the road just taking the road over, in my view Jabiluka simply won't happen.... .... COLLINS: However the company of course - and again this is my assumption and I think it's correct - I don't think the company if they did not a successful negotiation with Jabiluka would frankly want to hang around (until 2005/6 when Ranger is supposed to close). The company has got management operations already planned that would allow them to, in fact, cease mining and milling in three years from now. THE INTERVIEWER WENT ON TO INTERVIEW KAREN OXNAM, ERA'S 'DIRECTOR, JABILUKA URANIUM MINE': INTERVIEWER: "...if you don't get the OK for the Ranger milling option, ...Jabiluka itself looks pretty shaky, doesn't it? OXNAM: We're actually confident that we can... INTERVIEWER: Sure, i understand you... OXNAM: ...that the consequesnces of not proceeding with at Jabiluka are very serious. And we do need approval to proceed with Jabiluka .... So. ERA finally admits that they require Mirrar permission to use the Ranger mill. Collins, who in the past has vocally supported the Jabiluka project and who we can assume has reasonably good sources, says ERA have a contingency plan for getting out of Jabiru in three years, and that he (as Chair of the KRSIS Implementation Committee) is planning on the basis of ERA doing just that when they finally accept that the Mirrar are NOT going to drop their veto on use of the Ranger mill for Jabiluka uranium. JUST IN CASE YOU WANTED A REASON TO CELEBRATE For those of you who live in the benighted and frozen south, you may feel this good reason to take a blowtorch to your chilblains and ... I don't know, have a party or whatever you do down there. There are two other good reasons to make it a fundraising party - September 1 marks a year since Yvonne Margarula and others were convicted as a result of their arrest for trespass on Mirrar land on May 19 last year. In addition, September 4 marks 5 years since Yvonne Margarula initiated this campaign by insisting that the Gagudju Association was failing to represent the interests of the Mirrar and forcing the formation of the Gundjehmi Aboriginal Corporation. Karl-Erik Paasonen Admin Assistant Gundjehmi Aboriginal Corporation Contact details: Phone: Within Australia: (08) 8979 2200; international: +61 - 8 - 8979 2200; Fax: Within Australia: (08) 8979 2299; international: +61 - 8 - 8979 2299 Postal address: PO Box 245 Jabiru, Northern Territory AUSTRALIA 0886. We have this amazing web-site, which you'd be CRAZY not to have a look at: http://www.mirrar.net ........................................................................... Stop Jabiluka: "We will fight to protect our country and that is a fact of life" Yvonne Margarula. Ba-ngurdmeninj Djabulukku! Yun ngurri-djalgarung Boiwek gun-ngukbim! "Stop Jabiluka! Don't the dig the life out of the Knob-Tailed Gecko Dreaming!" ........................................................................... ------------------------------------------------------- RecOzNet2 has a page @ http://www.green.net.au/recoznet2 and is archived at http://www.mail-archive.com/ To unsubscribe from this list, mail [EMAIL PROTECTED], and in the body of the message, include the words: unsubscribe announce or click here mailto:[EMAIL PROTECTED]?Body=unsubscribe%20announce This posting is provided to the individual members of this group without permission from the copyright owner for purposes of criticism, comment, scholarship and research under the "fair use" provisions of the Federal copyright laws and it may not be distributed further without permission of the copyright owner, except for "fair use." RecOzNet2 is archived for members @ http://www.mail-archive.com/