Uranium mining to come to Broken Hill region after ban lifted

Mining Industry

The NSW Government has recently lifted a 28 year ban on uranium exploration and a South Australian explorer – Marmota Energy – is to become one of the first companies to take advantage of this change which came about in March this year.

Map of Australian uranium mines courtesy
World Nuclear Association (WNA)

On 20 April 2012, Marmota Energy announced that they had applied for three new uranium prospective tenements north-west of Broken Hill.  The “Barrier Daily Truth” (BDT) reported on 21 April 2012 that Marmota Energy indicated that they considered the three areas to be as prospective as their Junction Dam uranium project in South Australia.  The company also indicated that the project areas were strategically located close to good infrastructure and within about 70km of Broken Hill.

Significantly, the area lies “within Lake Frome Embayment, the same geological province that hosts other world class sandstone-hosted uranium deposits.”

The full article from the BDT can be read here.

You may also find it interesting to peruse the World Nuclear Association website here which I came across whilst researching this post.

Standby for further updates on this fascinating and often controversial subject.

Cheers, Jane D