AGS 0.00% 17.5¢ alliance resources limited

agm notes, page-20

  1. 2,923 Posts.
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    re: beverley mine The news story said that Heathgate had applied to the government to expand the operations at Beverley.
    No Details were given.

    Also Ziggy's report mentions B4M as a one of the likely sources of additional Uranium.

    See Below
    2.1.5 Outlook for Australian suppliers
    to increase production
    Australia is unable to expand uranium production
    in the short term at existing mines as plant capacity
    is fully utilised. The new Honeymoon mine is
    forecast to add only 400 tonnes U3O8 in 2008
    (or 3 per cent of total production).
    Australia can expand production over the medium
    and long term by increasing output at existing
    mines and/or by opening new mines. There are
    opportunities at each of the three current mines
    to expand production or extend the lives of projects
    through further reserve discoveries on mine leases.
    For example, the proposed Olympic Dam expansion
    (currently subject to a commercial decision by BHP
    Billiton and government approvals) will increase
    uranium production from 4300 tonnes per year to
    15 000 tonnes per year of U3O8 from 2013. In October
    2006, the Ranger project life was extended by six
    years to 2020. The discovery of an adjacent prospect
    (Beverley 4 Mile) could also increase production at
    Beverley. Many smaller deposits could be developed
    relatively quickly, although development would
    require a change in government policy.
 
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