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    Toro Energy Under Fire in Australia

    Investing News Network
    May. 28, 2012 09:29PM PST
    Energy Investing

    SMH reported Toro Energy (ASX:TOE) acknowledges that is has sponsored a scientist who says low level radiation has health benefits, but says it consulted enough resources before moving forward with its uranium mine.

    SMH reported Toro Energy (ASX:TOE) acknowledges that is has sponsored a scientist who says low level radiation has health benefits, but says it consulted enough resources before moving forward with its uranium mine.

    As quoted in the market news:

    The state’s Environmental Protection Authority last week backed Toro’s proposal to develop WA’s first uranium mine, the Wiluna project.

    All that remains for the mine to go ahead is a positive decision to proceed by the company’s board, and approval by state Environment Minister Bill Marmion and his federal counterpart Tony Burke.

    Click here to read the full SMH report.

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