The Adelaide-based junior said yesterday the ecological assessment on its Wiluna project would be open for public comment from Monday, which would build it the first of Western Australia's new uranium projects to achieve that important milestone.
But the news was overshadowed by Mines Minister Norman Moore announce the condition would initiate a 5 per cent royalty on uranium and magnetite iron ore -- a lower grade than the more widely known Pilbara ore.Mr Moore said it was predictable the state would receive about $10 million in 2013-14 and $28m in 2014-15 beginning uranium royalties.
"Uranium mining presents a significant occasion to further diversify WA's resources sector and also make a significant prospect contribution to the state's economyPremier Colin Barnett lifted the state's longstanding ban on uranium mining when he take office in 2008, which has seen increased interest within the sector.
No comments:
Post a Comment