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North Shore Uranium Ltd NSU


Primary Symbol: V.NSU

North Shore Uranium Ltd. is a Canada-based company, which is engaged in the exploration for uranium deposits at the eastern margin of Saskatchewan’s Athabasca Basin. The Company conducts its exploration programs on its two properties, the Falcon Property and the West Bear Property. The Falcon Property is located approximately 35-kilometer (km) east of the former Key Lake Mine and the active Key Lake uranium mill which processes ore from the McCarthur River Mine. The West Bear property consists of five mineral claims totaling 4,511 hectares located at the eastern edge of the Athabasca Basin which hosts two producing uranium mines.


TSXV:NSU - Post by User

Bullboard Posts
Post by scissors14on Sep 29, 2004 10:14am
505 Views
Post# 7979618

Eritrea, Ethiopia pay price for border row

Eritrea, Ethiopia pay price for border rowEritrea, Ethiopia pay price for border row Anthony Mitchell | Addis Ababa 29 September 2004 14:12 advertisementEthiopia and Eritrea -- two of the world's poorest countries -- are paying "a big price" for failing to resolve a simmering border dispute, a United Nations envoy said on Wednesday. Lloyd Axworthy, the UN Secretary General's special envoy to Ethiopia and Eritrea, said his staff are trying to determine how much the ongoing dispute has cost the two countries. Even without any hard figures on monetary losses, the price has been steep: An estimated 70 000 people were killed in combat that often recalled the trench warfare of World War I during a two-and-a-half year border fought by the two countries. The war over their 1 000km common border began in May 1998 and cost each country an estimated $1-million a day. Before the war, about 67% of Eritrea's external trade was with Ethiopia, according to UN figures. But since the conflict ended, trade between the two countries has come to a near standstill. "Both countries pay a big price for this ongoing dispute," said Axworthy. "To me that is the real tragedy ... They have real issues they need to face and this is an enormous drain and diversion away from their economies," said Axworthy, a former Canadian foreign affairs minister. His comments came at the end of two-day visit to Ethiopia, where he met Ethiopian Prime Minister Meles Zenawi. As part of the deal ending the war, Ethiopia and Eritrea agreed to have the Eritrea-Ethiopia Boundary Commission -- part of the Hague-based Permanent Court of Arbitration -- settle their dispute. Ethiopia, however, has balked at some aspects of the commission's ruling, made in April 2002, and there has since been no talks between the countries. Eritrean officials have demanded the international community take action against Ethiopia for refusing to abide by the commission ruling, but have so far refused to meet Axworthy. Ethiopia is one of the ten poorest nations on earth where average incomes are $100 a year. Eritrea, where per capita incomes are $190 a year, is facing fuel and food shortages for its 3,4-million population. - Sapa-AP
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