http://www.wabusinessnews.com.au/en-story/1/59724/Uran-to-appeal-failed-Czech-exploration-application
4-January-08 by Jenelle Carter
Latest News
Uran to appeal failed Czech exploration application - 04 Jan, 15:42pm
WA housing prices to flatten in 2008: REIA - 04 Jan, 15:40pm
Stocks close higher, all eyes on US data - 04 Jan, 15:40pm
Allegiance advises no action on Zinifex takeover bid - 04 Jan, 15:17pm
Woodside restarts Cossack-Pioneer oil field - 04 Jan, 14:33pm
Territory backs $54.8m Windimurra rights issue - 04 Jan, 14:28pm
Alkane raises $10.6m from Gandel - 04 Jan, 14:15pm
Chevron expands Gorgon to 15mt, orders $670m drilling unit - 04 Jan, 13:37pm
Higher oil prices tipped to increase home building costs - 04 Jan, 13:22pm
Palmary says offer period for ConsMin final - 04 Jan, 11:57am
View all of today's news on our homepage
West Perth-based uranium explorer Uran Ltd has lodged an appeal against a decision by authorities in the Czech Republic to decline its application to explore the significant Brzkov deposit.
The decision, handed down by the Ministry of Environment, was based on the objections of local communities who raised concerns over the potential environmental consequences of Uran's activities, and the inadequate rehabilitation of previous exploration sites.
Uranium exploration and mining is also contrary to the government's State Raw Materials Policy, however, Uran said its legal advice maintained that the policy was not binding on the government.
In 2007, the government consented to continued exploration and mining at the state owned Rozna uranium mine for an unlimited period of time, Uran said.
The company said the same line of arguments was used by the government to reject its previous exploration licence applications for the Jamne, Polna and Veznice deposits.
While Uran's applications had been rejected by the Ministry of Environment, the company said the standpoint of the Ministry of Industry and Trade had been "unambiguously positive" and state uranium mining company DIAMO s.p. had expressed its support for Uran's intention.
Uran is of the opinion that further exploration is required to allow an estimate of a JORC mineral resource and to provide a basis for engineering and environmental impact studies.
Aside from interests in the Czech Republic, Uran has projects in nearby Uzbekistan, Kazakhstan, Ukraine and two exploration permits pending in central Bulgaria.
Uran shares closed 5.8 per cent down at 24 cents.
- Forums
- ASX - By Stock
- URA
- uran to appeal failed czech exploration applic
uran to appeal failed czech exploration applic
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add URA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online