THE Northern Territory Government has welcomed the successful application by joint venture Cameco/Paladin to explore proven uranium deposits in Central Australia.
The approval gives Cameco/Paladin the right to apply to explore the Pamela and Angela uranium prospects.
According to the Government, if the Angela and Pamela prospects live up to their potential, their value could run to the billions — creating years of economic benefit for Central Australia.
The Government said that a record 37 applications were received for the Pamela and Angela prospects, and a rigorous selection assessment overseen by independent probity experts Stantons International was undertaken.
Related files: HendoNatt.2002.uranium.pdf (75.9 kb)