Antinuclear

Uranium mining still prohibited in New South Wales, and not considered economically viable

Uranium exploration in western NSW – but mining is still prohibited  NSW Country Hour  Sally Bryant and Julie Clift  15 Sept 14, The New South Wales Government has invited six mining companies to put in expressions of interest to explore for uranium, but mining will remain prohibited, until deposits prove economically viable.

However not all of the mining companies who are involved in this process are actually interested in mining for uranium.

One of six companies invited to tender for an exploration licence, Alkane Resources, is developing a rare earth project near Dubbo, in the state’s central west.

 AUDIO: Uranium exploration in NSW (ABC Rural)

Alkane say they’re not interested in uranium, that they are merely protecting their rare earth project from other resource companies applying for an exploration licence over the top of them

Managing Director Ian Chalmers says this is an insurance policy for his company……..http://www.abc.net.au/news/2014-09-15/uranium-exploration-in-western-nsw/5743584

September 16, 2014 - Posted by Christina Macpherson | business, New South Wales, rare earths, uranium