Queensland Government May Reverse Uranium Mining Ban

Mineweb reported green groups say the Queensland government has backflipped on its promise to ban uranium mining after opening discussions on the metal’s future on Friday.

As quoted in the market news:

QLD mines minister Andrew Cripps opened the floor for discussion last week after the Queensland Resources Council and the Australia Uranium Association called on Campbell Newman’s Government to make a decision on uranium’s future.

According to the QRC the state may be missing out on millions because it has banned uranium mining.

Click here to read the full Mineweb report.