QLD miners wait for uranium go-ahead

Another company has been granted a uranium exploration tenement in north-west Queensland, with the State government now under pressure to help fast track production

Energia Minerals have been granted two tenements covering 600 square kilometres near Mount Isa, The North West Star reported.

Member for Mount Isa Robbie Katter recently put a Question on Notice to Premier Campbell Newman, asking for a timeframe for uranium production.

Newman said while he could not specify a definitive timeline, a policy framework report was expected next year.

"The committee is to prepare a report, containing its recommendations, which will be delivered to the government by mid-March 2013," Newman said.

"Until the committee's report is received, I cannot pre-empt any recommendations that the committee may make on how to deliver this critical framework for economic investment, jobs and prosperity to the state."

The government appointed a five-member uranium implementation committee to recommend a best practice policy framework for the recommencement of uranium mining and export in Queensland.

The Queensland Government announced in October that uranium mining would recommence in the state, overturning a ban which has lasted since 1982.

At the time, Queensland Premier Campbell Newman said strong support for the uranium industry by the Federal Government had helped in the decision.

“It’s been 30 years since there was uranium mining in this State, and in that time Northern Territory, South Australia and Western Australia have carved out successful uranium industries that deliver jobs and prosperity to their regions,” he said.

Minister for Natural Resources and Mines Andrew Cripps said the uranium deposits in the state were worth an estimated $10 billion .

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