Resource firm hoping for uranium mine startadmin
A major resource company says a uranium mine could open in north-west Queensland as early as 2010.
Summit Resources hopes the federal Labor Party will relax its policy ban on new uranium mines at its national conference next April.
Managing director Allan Eggers told a mining conference in Mount Isa, the region’s uranium deposits could generate up to $4 billion worth of exports every three years.
“There’s been considerable support and discussion for the issue within the Labor Party … Kim Beazley, the current leader, has come out and said he will recommend dropping the policy on not approving new mines and [Queensland] Premier Beattie has stated quite clearly that he would support the development of new uranium mines here in Mount Isa should the federal policy change,” he said.