Antinuclear

No sign of hope for uranium mining in Queensland

Uranium mining start faces hurdles, ABC News  2 Oct 2013, The Australian Uranium Association says it will be some time before uranium mining begins in Queensland……Mr Angwin says low uranium prices are a big deterrent.

“We’ve got low-cost competitors around the world who are doing much better than Australia is at the moment and we’ve got a relatively cumbersome assessment and approval process for environmental issues,” he said.

“So if you put those three issues together and particularly the low price of uranium then it’ll be some time before companies decide the time is right to mine uranium.” http://www.abc.net.au/news/2013-10-02/uranium-mining-start-faces-hurdles/4993738

October 30, 2013 - Posted by Christina Macpherson | Queensland, uranium