Athabasca Basin shows Australia how to run a uranium industry

Athabasca Basin shows Australia how to run a uranium industry

Canada’s Athabasca Basin is home to the world’s highest grade uranium deposits. If you want to see two sides to the uranium coin – just take a look at Canada and Australia.

North of the 49th parallel in North America, there is a hive of mining and exploration activity.

And the centre of that activity is the 100,000 square kilometre Athabasca Basin, which spans the northern parts of Saskatchewan and Alberta.

By contrast, down in the southern hemisphere, which has a vast uranium endowment, politicians — with the honourable exception of South Australia — have tried to outdo each other in erecting barriers to hinder uranium companies.Western Australia is seeing a repeat of the ridiculous federal “three mines” policy of the 1980s: it will allow four advanced projects to go ahead, but no more.And New South Wales allows exploration for uranium — but you can’t mine it if a discovery is made.These […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet