SMM 0.00% 0.4¢ somerset minerals limited

+ calls on queensland premier to scrap

  1. 22,691 Posts.
    LABOR'S FEDERAL RESOURCES SPOKESMAN MARTIN FERGUSON

    CALLS ON QUEENSLAND PREMIER TO SCRAP

    URANIUM MINING RESTRICTIONS


    ARTICLE IN TODAYS AUSTRALIAN



    Ferguson states:



    "there are known deposits of uranium in Queensland that could be developed following the recent trebling in the world price."

    "In the minds of the resources industry, they cannot see why uranium mining is acceptable in South Australia but not in Queensland,"

    and the federal Minister for Resources Ian Macfarlane says:

    "A potential $3 billion and hundreds in new Queensland jobs is not an
    opportunity I thought Mr Beattie could afford to turn his back on," Mr
    Macfarlane said. "He should drop the political pretence and make the effort
    to learn something about this industry before dismissing it because of some
    ideological objection."




    Alan J Eggers

    Summit Resources Limited

    PERTH 7 September 2005

 
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