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, as well as 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
Federal Environment and Energy Minister Josh Frydenberg has granted environmental approval for Toro Energy’s Wiluna extension uranium project.
 
The approval complements the federal approval granted in April 2013 by the then Minister for Sustainability, Environment, Water, Population and Communities Tony Burke.
  
Granting the two federal approvals means that the assessment process under the Environment Protection and Biodiversity Conservation Act is complete and that the Wiluna project will be implemented subject to the fulfilment of certain conditions.
 
The Wiluna mine is one of only a handful of uranium projects allowed in Western Australia, after the Labor-led state government recently implemented a ban on new uranium mining projects.

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.