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December 12, 2009

Opal news: Call to end Woomera Uncertainty

Filed under: opal news — Tags: , , — amster88 @ 3:54 am

The Australian reports on news in the opal mining community:

Woomera mining rules sought

SOUTH Australia’s mining industry group is demanding the federal government clarify which areas can be mined in the Woomera weapons testing area, after several projects involving Chinese companies were rejected.

The government rejected China Minmetals’ takeover bid for the struggling OZ Minerals because its Prominent Hill mine was in the prohibited zone.

Junior explorer Western Plains Resources is still fighting for its $45 million iron ore deal with China, after the Defence Department moved to stop a deal with Wugang Australian Resources because it involved the explorer’s Hawks Nest project in the Woomera prohibited area.

Read the complete article at the link above.

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