BHP to develop uranium mine
Diversified giant BHP Billiton on Friday confirmed that it had initiated plans to develop a second uranium mine in Australia.
BHP spokesperson Illtud Harri told Mining Weekly Online that the miner currently planned to start project construction on the Yeelirrie uranium project, in Western Australia, by 2011, with initial production from the mine starting in 2014.
This timeline was subject to government and board approvals.
BHP’s Uranium Australia division has now referred its Yeelirrie project proposal to the Western Australian Environmental Protection Authority (EPA) and the Federal Department of the Environment, Water, Heritage and the Arts. Read more
Uranium can create a better life
Uranium mine in the bay is one of the most strategic place in the Murandoo Yanner Aboriginal leaders at the time of war, to preserve the desert sand not to be because of poverty while tin mine closed.
Mr Yanner, is one of the leaders of the most controversial and influential, not to take over the government at all levels or if the company means that the security is better for those living in the Gulf.
This time he took on the ALP State Government, who refused to allow uranium mining in Queensland even though the Federal Government supports the ALP and all countries have agreed to mine one of the few minerals to grow in value left.
Uranium prices have quadrupled in the last few years.
Australia has about 35 percent of world supply of uranium.
uranium mine owned by Mr Yanner is a role in decreasing global warming.
He said research shows the coal-fired power stations emitted greenhouse gases in the plant where uranium is not powered.
Many of Australia’s trading partners to use uranium to generate electricity, and with up to 100 plants on the drawing board, employment and wealth in the Gulf will be guaranteed for decades.
Mr Yanner is golf and there will be others who will question the support for the uranium mine is the best but he is simple.
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Survey reveals uranium mine business support
Chamber of commerce chairwoman Julie Ross says 220 members were consulted and 42 responded to the online questionnaire.
Ms Ross says questions covered issues such as environmental concerns, staff poaching and accommodation availability.
She says she was amazed that 93 per cent of those who responded were happy to provide goods and services to a uranium mine.
“The comments were based around the water supply, Alice Springs’ water supply and also the dust, particularly in light of the storms that we’ve had recently, then they all basically said that if those issues were resolved they were quite happy for the mine to go ahead,” she said.
Uranium faces continuned bumpy ride
TSX- and JSE-listed uranium miner Uranium One CEO Neal Froneman echoed experts’ forecasts that the uranium price would continue to increase over the medium term.
While demand for the nuclear fuel was set for strong growth as countries, like China, rolled commissioned more reactors, supply would underpin prices, he said.
“In the next five to ten years, constrained supply will drive the price increases, rather than the increases in demand,” Froneman stated.
“I expect the uranium price to continue increasing over the medium term,” he said. Read more
Hawk Uranium Inc. Announces Option Agreement With Noront
Hawk Uranium Inc. (TSX VENTURE:HUI) (”Hawk”) is pleased to announce that it has entered into an option agreement with Noront Resources Ltd. (”Noront”) pursuant to which Hawk has the option to acquire a 50% legal and beneficial interest in a property. The property includes 10 Claims (covering a total of 160 claim units, or approximately 6340 acres) in the “Ring of Fire” of the McFaulds Lake area, James Bay Lowlands, Ontario near Noront’s nickel copper discovery. Read more
Uranium Exploration Near Grand Canyon
With minimal public notice and no formal environmental review, the Forest Service has approved a permit allowing a British mining company to explore for uranium just outside Grand Canyon National Park, less than three miles from a popular lookout over the canyon’s southern rim.
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If the exploration finds rich uranium deposits, it could lead to the first mines near the canyon since the price of uranium ore plummeted nearly two decades ago. A sharp increase in uranium prices over the past three years has led individuals to stake thousands of mining claims in the Southwest, including more than 1,000 in the Kaibab National Forest, near the Grand Canyon.
To drill exploratory wells on the claims in the Kaibab forest requires Forest Service approval. Vane Minerals, the British company, received such approval for seven sites in December.
The Forest Service granted the approvals without a full-dress environmental assessment, ruling that the canyon could be “categorically excluded” from such a review because exploration would last less than a year and might not lead to mining activity.
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