Australian Labor Party Lifts Ban on New Uranium Mines

Source: Mineweb.com (4/28/07)

Although Australia's opposition ALP has lifted its opposition to development of new uranium mines, it is up to the States to set their own policies. . .

Although Australia's opposition ALP has lifted its opposition to development of new uranium mines, it is up to the States to set their own policies and most State governments are still opposed.

The anticipated win for Federal Australian Labor Party (ALP) Leader Kevin Rudd to end the party's rigid "No New Mines" policy for uranium happened today at the ALP national convention, but by a narrow margin.

The anticipated public and political changes have seen an enormous uranium boom in Australia and there are now more than 140 listed explorers with many operating in WA. . .

In the last few days of this week uranium stocks generally went for a run, with some explorers reaching new peaks. All this was in anticipation of Rudd succeeding in killing the ‘No New Mines' policy.

Announcing Streetwise Live! Events
Source: Streetwise Reports (07/13/2020)

Streetwise Reports is offering 100 investors—at no charge—the opportunity to meet via Zoom with executives of precious metals companies as they discuss recent developments at their companies and upcoming catalysts.

"China's export quota could be opportunity for Canadian miners"

Mexico: Gold's Next Powerhouse Player
Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

Where Have All the Gold Mines Gone?
Source: Brent Cook, Exploration Insights (04/14/2009)

Given the declining global gold production, mining companies’ demand for reserve replacement and the acute dearth of new gold discoveries, there is no doubt that real economic discoveries will be exceptionally valuable. . .the opportunity for stellar profits is the best it has probably ever been. Identifying the few successes, however, will require vigilant and constant technical assessment of geology and drill results, always with an eye to mine economics.

Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."