Uranium industry set to take off

- July 21st, 2010

Yahoo Finance Australia reports the uranium sector is set to grow.
The State Government lifted a moratorium on uranium mining in 2008 and five companies have been given the green light to mine the resource in Western Australia.
The director-general of the Department of Mines and Petroleum Richard Sellers expects at least two mines will begin operating […]

Yahoo Finance Australia reports the uranium sector is set to grow.

The State Government lifted a moratorium on uranium mining in 2008 and five companies have been given the green light to mine the resource in Western Australia.

The director-general of the Department of Mines and Petroleum Richard Sellers expects at least two mines will begin operating by 2013.

“It certainly has had a massive increase in exploration since the moratorium was lifted,” he said.

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