Antinuclear

Australian news, and some related international items

South Australia better off without the Great Big New Uranium Mine?

The union movement sees an upside to the delay at Olympic Dam, urging the state government to use it to fight for a better deal for SA. 

SA Unions state secretary Janet Giles said benefits from the mining industry should flow to the whole community, and the state government would be wise to show caution when dealing with BHP Billiton in the future.

Olympic delay no mining death knell Sky News,  August 24, 2012  South Australia’s peak mining group says BHP Billiton’s decision to delay the expansion at Olympic Dam is not all doom and gloom.

Chief executive Jason Kuchel said SA’s mining industry had diversified dramatically over the past decade and the state currently had 20 major mines in production with many more projects in the pipeline…..
‘South Australia has a lot on the go with several new mining regions, exciting oil and gas developments, and a multitude of small and mid-tier miners who collectively could bring just as much, if not more, benefit to the state than the expansion of Olympic Dam.’

BHP Billiton announced its decision to delay the $30 billion expansion
at the copper, uranium and gold mine when it revealed its financial
results on Wednesday.

The union movement sees an upside to the delay at Olympic Dam, urging the state government to use it to fight for a better deal for SA.

SA Unions state secretary Janet Giles said benefits from the mining industry should flow to the whole community, and the state government would be wise to show caution when dealing with BHP Billiton in the future.

Premier Jay Weatherill has already indicated he will take a different
approach if the company again seeks approval for the expansion.

That new approach could become evident within weeks, with BHP Billiton
chief executive Marius Kloppers due in Adelaide soon for talks on the
future of the project.
http://www.skynews.com.au/topstories/article.aspx?id=787166

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August 25, 2012 - Posted by | business, politics, South Australia, uranium

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