Antinuclear

BHP might sell Yeelirie uranium project. Fortescue to join Big Uranium Boys

BHP tipped to sell $9.3b worth of assets SMH February 9, 2012 BHP Billiton may consider selling about $US10 billion ($9.3 billion) of aluminum, nickel and coal mines and smelters as it trims its portfolio, Deutsche Bank says….

BHP could also sell its Yeelirrie uranium project in Australia and some petroleum assets, Citigroup said today in a report.
http://www.smh.com.au/business/bhp-tipped-to-sell-93b-worth-of-assets-20120209-1rnn0.html#ixzz1lucfhUlg

FMG pegs swathes of new tenements in major SA copper, gold and uranium districts by: Nick Evans  PerthNow,  February 07, 2012 FORTESCUE Metals Group has given the clearest sign yet it intends to diversify out of the iron ore and steel supply chain, pegging swathes of new tenements in South Australia’s major copper, gold and uranium districts.

The WA iron ore giant last year applied for 10 exploration licences covering about 4600sq/km of ground, mostly in the Woomera protected area in central South Australia. In its tenement applications, FMG said it was looking for copper, gold
and uranium – a significant departure from its current iron ore business.

According SA Government records, the bulk of FMG’s new tenements sit between OZ Minerals’ Prominent Hill copper-gold mine and BHP Billiton’s massive Olympic Dam project, slated to eventually become one of the biggest copper, gold and uranium mines in the world. …. http://www.perthnow.com.au/business/fmg-pegs-swathes-of-new-tenements-in-major-sa-copper-gold-and-uranium-districts/story-e6frg2qc-1226265102556

February 9, 2012 - Posted by Christina Macpherson | business, South Australia, uranium, Western Australia | South Australia