McGrady Backs Uranium Push

Source: couriermail.com (12/25/07)

Tony McGrady said the change in the federal ALP policy on uranium mining before last month's election opened the way for Queensland to become a key player on the global uranium market...

The State Government is under pressure to scrap bans on uranium mining in a high stakes push led by former Labor party heavyweight Tony McGrady.

The Mount Isa-based former "Minister for Everything" is on the payroll of Toronto-based resources company Laramide Ltd and has emerged as a key player in the international bid to get the Bligh Government to overturn the bans.

But the former Mines Minister who retired after 17 years as a state MP in September last year denied he would use his influence to exact change in the Queensland ALP.

"No-one owes me any favours. I will simply go in and talk and explain the wisdom of adopting a policy of allowing uranium mines," Mr McGrady said.

He said the change in the federal ALP policy on uranium mining before last month's election opened the way for Queensland to become a key player on the global uranium market...

Figures show 251 uranium prospecting licences have been issued in resource-rich Queensland.

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."