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Aust 9/7 Uranium permits for Dalby & Kingaroy

 
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DougHaigh_JenMercer



Joined: 05 May 2006
Posts: 654
Location: Mary Valley

PostPosted: Mon Jul 09, 2007 11:48 pm    Post subject: Aust 9/7 Uranium permits for Dalby & Kingaroy Reply with quote

Peter Beattie may say he is against building nuclear power plants in Queensland but he is certainly not shy about the possibility of allowing overseas companies permits to dig up uranium in far north Qld and around Dalby and Kingaroy. I guess it's okay to do this as it is somewhat removed from the 'prized SE Qld' <sarcasm>, and it will mean more $$$ to offset huge infrastructure debts generated elsewhere.

Uranium company applies for 38 permits
By Gabrielle Dunlevy
July 09, 2007
Quote:

AN exploration company has applied to search for uranium deposits across more than 8000 square kilometres in Queensland.
Duyfken Energy has 38 exploration permits pending with the state government.

It holds 8000 sq km of exploration tenements, mainly in northern Queensland, and 920 sq km near Dalby and Kingaroy, in the state's south.

Duyfken director Pepita Maiden said the sites were promising.

"They are areas that have a similar type of geology as overseas deposits,'' Ms Maiden said.

"It has been such a hot area for all the base metals.''

Ms Maiden said if the permits were approved - which could take up to three months - Duyfken would survey its tenements and employ an exploration manager later this year.

Queensland Premier Peter Beattie is opposed to the nuclear industry, refusing to lift a ban on uranium mining despite the state having resources estimated at more than $20 billion.

A consultant and spokesperson for the nuclear industry, Ms Maiden said it was important for uranium mining to continue in Australia.

"The mining of uranium is a somewhat separate issue to the nuclear power industry in Australia,'' she said.

"We are well aware of its controversial nature, but it's still a very, very important part of what's happening worldwide.''

Duyfken is moving towards a listing on the Toronto Stock Exchange in September.

The capital raising accompanying the listing will provide funds to speed up the Queensland projects.

http://www.theaustralian.news.com.au/story/0,20867,22041686-5006786,00.html
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Marsiegen



Joined: 02 Sep 2006
Posts: 169
Location: Kilkivan

PostPosted: Wed Jul 11, 2007 11:35 am    Post subject: Reply with quote

The high prices at present for most metals is encouraging exploration. The cost of testing by ALS or SGS is low. You get a good range of assays for about $20 per sample. Then it costs about 50 cents for each additional element. They even test for things you don't ask for but don't give you the results unless you pay extra for them.

Much of our knowledge though comes from aerial magnetics and other means that the government itself carries out. Uranium & Thorium are accumulated in sedimentary basins and show up quite well as "hot" spots.

As to whether we ever mine what we find- who knows. The boom and bust cyles of mining might mean that by the time we find something it won't be worth digging up.

The dilemma is that we all use "stuff" that is made from things that got mined. I don't know about everyone here but I don't really feel like living in the stone age in a cave. Some times there must be compromises.

I think that given the spurious reasoning of proponents of the damN there should be no compromises in the issue of the damNing of the Mary
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