Uranium: Queensland confirms Mining Ban

The new Premier of Queensland Anna Bligh has stated that the uranium mining ban will remain in place according to a report by Bloomberg.

Quote: “unequivocal'' commitment the ban on uranium mining in Queensland would stand, said Belinda Carroll, a spokeswoman.

However in the other corner Federal Resources Minister Ian MacFarlane called the prohibition “nonsensical'' in an e-mailed statement today.

Change is inevitable, it is the only constant that we have! I forget who said that but I think it is close to the mark.

If the Labour Party wins the election then it’s a case of Federal government versus State government to decide the outcome of Australia’s uranium reserves, which are valued at around A$20 billion.

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