Toro Energy Faces Another Delay for Wiluna Decision

Mining Weekly reported that Toro Energy, a uranium developer, is facing yet another delay for the federal approval of its Wiluna Project after Minister Tony Burke was allowed extended time to decide on the project.

As quoted in the market news:

Subject to final federal approval, project financing and the uranium market conditions, a final investment decision on the Wiluna mine was expected during the second half of 2013, with first uranium sales targeted for 2015.

Click here to read the full Mining Weekly report.