W.A. govt approves Toro Energy’s Wiluna uranium mine, as uranium prices continue to decrease
Toro Energy’s Wiluna uranium mine in Goldfields gets green light from WA Government, ABC News, By Jarrod Lucas, 9 Jan 17, Western Australia’s first uranium mine is a step closer after the state’s Environment Minister Albert Jacob granted approval for a project at Wiluna in the northern Goldfields.
The owners of the proposed mine, Toro Energy, still need the green light from Federal Environment Minister Josh Frydenberg.
Toro told the stock market on Monday afternoon it hoped federal approval would be granted by March…..
, uranium miners rushing to get approvals in place before March’s state election were thwarted in their bid for a hat-trick when Canadian giant Cameco’s proposed Yeelirrie mine was knocked back on environmental grounds last year……
Drop in Australian uranium production predicted
Uranium prices remain near historic lows, depressed since the 2011 Japanese tsunami sent the Fukushima plant into multiple meltdowns.
The Department of Industry, Innovation and Science today released its Resources and Energy Quarterly which forecast Australian uranium production to decrease by 6.8 per cent this financial year to 7,141 tonnes……http://www.abc.net.au/news/2017-01-09/toro-energy-wiluna-uranium-mine-approved-by-wa-government/8171398
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of the week – Disrupting War & Militarism in Oceania. Active solidarity. Radical practice.
Antinuclear 
Uranium spot prices have started to climb. Have no idea why, can only guess. GIven that nuclear power is in the deep doldrums, then the only other possibility is nuclear weapons. Has the election of Donald Trump given everyone the jitters?
Incidentally, U3O8 spot prices had peaked and started to fall before Fukushima. Fukushima sent the prices into a tail spin.
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