Briefcase: Business snippets from around South Australia

Boss eyes uranium production

The Perth company pushing to re-open the mothballed Honeymoon uranium mine in South Australia’s north-east says it has all of the required permits to restart mining operations.

Last week’s Boss Energy announcement to the ASX comes after the company conducted a comprehensive permit review for federal and state approvals to mine, process, store, transport and export uranium from Honeymoon in the state’s north-east.

Boss said the permits included the ion exchange columns, which aimed to reduce costs.It said the announcement placed the company one step closer to producing uranium at the dormant mine, which was closed in 2013 because it was too expensive to run.“We will now complete the Enhanced Feasibility Study in the coming weeks, paving the way for binding offtake contracts and a clear pathway for the re-start of production, thereby capitalising on Boss’ first-mover advantage in the uranium cycle,” Managing Director Duncan Craib […]

Click here to view original web page at indaily.com.au

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.