Antinuclear

Australian news, and some related international items

Uranium mining’s uncertain future in Australia

Toro Energy fell 4.8 per cent to 10c, Energy Resources of Australia lost 1.7 per cent to $14.26 and Paladin dipped 2.6 per cent to $3.81 “

Mining stocks wobble on uncertainty over minerals tax | The Australian, Andrew Burrell, Andrew Main, Matt Chambers 9 Sept 10, “……Amid uncertainty over the government’s proposed minerals tax, uranium stocks were hardest hit because of concerns that the Greens — who strongly oppose uranium mining — could seek to widen Labor’s mineral resources rent tax to uranium, and even restrict the growth of the industry

.Toro Energy fell 4.8 per cent to 10c, Energy Resources of Australia lost 1.7 per cent to $14.26 and Paladin dipped 2.6 per cent to $3.81 ”

Australian Uranium Association had been assured before the election by Resources Minister Martin Ferguson that the minerals tax would only apply to iron ore and coal in the next parliamentary term…..

September 9, 2010 - Posted by | AUSTRALIA - NATIONAL, politics, uranium | , , ,

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