Antinuclear

Four Mile uranium mine stalled by quarrels

Four Mile partners still squabbling

Adelaide Now, SARAH MARTIN , November 25, 2009

QUASAR Resources is asking shareholders of joint venture partner Alliance to urge the company’s board to move ahead on the Four Mile uranium mine soon.

In the past six weeks Alliance, through subsidiary Alliance Craton, has filed three separate lawsuits against Quasar relating to the Four Mile project in the state’s north………..Speaking ahead of Alliance’s AGM, to be held in Melbourne today, Quasar said litigation would only lead to further costs for the mine………….In action lodged in the SA Supreme Court, Alliance is claiming Quasar acted above its authority in lodging a native title mining agreement, which covers the Beverley mine area as well as Four Mile, with Primary Industries and Resources SA .

AdelaideNow… Four Mile partners still squabbling

November 25, 2009 - Posted by Christina Macpherson | 1, business, South Australia, uranium | antinuclear, Australia, nuclear, radioactive, South Australia, uranium