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Wiluna uranium extension project, Australia

17th February 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Wiluna uranium extension project.

Location
The project is located in Western Australia.

Client
Toro Energy.

Project Description
Wiluna comprises the Centipede, Millipede, Lake Maitland, Lake Way, Dawson Hinkler and Nowthanna deposits.

The project proposes to build and operate an openpit uranium mine comprising the Centipede, Millipede, Lake Way and Lake Maitland deposits.

The project includes the construction of roads, power and water sources, and supply facilities, in-pit tailings storage facilities, accommodation and other associated infrastructure.

About two-million pounds a year of uranium oxide is expected to be mined over 16 years.

Jobs to be Created
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
Capital construction costs are estimated at between $180-million and $220-million, according to a scoping study completed on the project in 2014.

Duration
Not stated.

Latest Developments
Toro Energy has received environmental approval for the Wiluna extension project from the Western Australian and Heritage Minister Albert Jacob.

The company has said that with state government approval granted, it will seek to complete the federal government assessment process by March this year.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Toro Energy, tel +61 8 9214 2100, fax +61 8 9226 2958 or email info@toroenergy.com.au.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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