Friday, August 12, 2011

Uranium Mine Proposed Near Whyalla

Published on Friday August 12 2011

The mining company Uranium SA has applied to begin full scale trials at a proposed uranium mine site near Whyalla on South Australia's Eyre Peninsula.
The company wants a mining licence for its 225-hectare Blackbush deposit 20 kilometres south-west of Whyalla and three kilometres from Spencer Gulf.

Uranium SA says it hopes to confirm exploration results that showed considerable uranium deposits in the area. The company says if the application is successful,full-scale production could begin by the end of next year.

If approved, the project would be the latest major development in the area, with a deep-sea port, explosives factory and desalination plant already in the pipeline.

About 100 tonnes per year could be mined at the site if it reaches full production.

Click Image To Access Uranium Stocks Australia


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