Toro Energy Under Fire in Australia

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.