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Historically, many prospective Australian uranium mines have been constrained by active antinuclear opposition, but state governments have now approved mine development in Western Australia and Queensland. [17] But it is unlikely that any new projects will enter active development until the market improves. As of 2013 uranium prices are very low.
As the 2025 general elections draw closer, nuclear power and uranium mining will likely become important topics down under. Read Next: Lithium Producers Brace For Prolonged Oversupply, Stalled Prices
World uranium reserves in 2010. Uranium reserves are reserves of recoverable uranium, regardless of isotope, based on a set market price. The list given here is based on Uranium 2020: Resources, Production and Demand, a joint report by the OECD Nuclear Energy Agency and the International Atomic Energy Agency. [1] Figures are given in metric ...
It was Australia's first uranium mine, [2] years before the country's next major mines at Rum Jungle in the Northern Territory (opened in 1950), and the Mary Kathleen mine in Queensland (1958). [3] This is a List of Australian inquiries and reports relating to uranium mining issues. [4]
Dr Ian Duncan is a businessman active in the Australian resources sector. He is a past president of operations at the Olympic Dam mine in South Australia under Western Mining Corporation. [1] He was Chairman of the London-based Uranium Institute (now the World Nuclear Association) in 1995-1996.
When uranium prices cratered following the 2011 Fukushima nuclear power plant meltdown, Uranium Energy stepped into the market and started buying shuttered uranium mines and mine development ...
Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia , particularly the gold rushes of the 1850s.
The March 2005 mine production rate is an annualised 9.1 million tonnes making it one of Australia's larger mines. 2005 metal production is thought to be in excess of 220,000 tonnes of copper, 4500 tonnes of uranium oxide, plus gold and silver. The copper and uranium oxide are exported through Port Adelaide.