Antinuclear

As USA’s nuclear plants bite the dust, so do Australian uranium mines?

South Australian uranium Honeymoon mine to stop production, jobs in doubt  NEWS.COM.AU NOVEMBER 11, 2013 THE Honeymoon uranium mine in South Australia’s far northeast is expected to be mothballed. Low uranium prices and production difficulties at the plant have put pressure on the mine. The future of about 70 employees was not immediately known but far fewer employees would be needed when the mine is put under “care and maintenance”.

Honeymoon, which began producing uranium in 2011 , became wholly owned by Russian state company JSC Atomredmetzoloto in mid-October.

Previously it had been 49 per cent owned-and-operated by Canada’s Uranium One……..

Honeymoon is about 500km north by road from Adelaide, 80kms northwest of Broken Hill.It uses an in-situ leach method – where liquids are pumped underground to dissolve the uranium with the mineral extracted from the pregnant solution at the surface. SA is Australia’s leading uranium producer with Olympic Dam and Beverley in operation. Ranger in the NT is the only other mine. The Four Mile mine – near Beverley – has been approved but is yet to be built….. http://www.news.com.au/national/south-australia/south-australian-uranium-honeymoon-mine-to-stop-production-jobs-in-doubt/story-fnii5yv4-1226757697638

November 12, 2013 - Posted by Christina Macpherson | business, South Australia, uranium