05/02/2009 - 14:42

EMA targets uranium mining in WA by 2013

05/02/2009 - 14:42

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Energy and Minerals Australia says it is targeting 2013 to start uranium mining at its Mulga Rocks deposit in Western Australia.

Energy and Minerals Australia says it is targeting 2013 to start uranium mining at its Mulga Rocks deposit in Western Australia.

Speaking at the Sydney Mining Club today, EMA managing director Chris Davis said that the target was within the company's capabilities.

"EMA has an advantage over most of the other companies planning uranium developments in WA because we already have a substantial JORC Code compliant ore resource," he said.

"With very few exceptions, the other companies in our field are in earlier stages of exploration and resource-proving."
Mr Davis said EMA was planning to commence mining at an annual rate of 1,000 tonnes of uranium oxide from its Ambassador deposit at Mulga Rock, 250 kilometres north-north east of Kalgoorlie.

Ambassador is one of three uranium deposits already identified in EMA's Mulga Rock tenements.

"We are confident that our continuing exploration programme at the MRD will increase the resource substantially," he said.

"Clearly, however, it is already big enough to be of global significance in the fight against climate change by reducing the world's dependence on fossil fuels for electricity generation."

 

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