** south australian uranium disaster

"Raisings at risk in mine ban fallout"

Nigel Wilson, Energy writer
October 11, 2005

"MILLIONS of dollars in capital raisings for uranium floats in South Australia are under a cloud following the State ALP's unannounced decision to block new uranium mines in the State.

South Australia, which houses two of the three operating uranium mines in the country, was the state that was expected to be the most liberal in its approach to uranium mining in the current debate about increasing Australia's uranium exports.

State Premier Mike Rann supports uranium mining for its contribution to the South Australian economy.

But at the weekend the South Australian Labor Party conference strengthened opposition to expanding uranium mining.

The conference endorsed, unanimously and without debate, a platform motion that says: "Labor continues to be opposed to the establishment of any new uranium mines and any expansion into the enrichment process."

Full article at:
http://www.theaustralian.news.com.au/common/story_page/0,5744,16877600%255E643,00.html