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Minchin gives final go-ahead to Honeymoon uranium mine.



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MINCHIN GIVES FINAL GO-AHEAD TO HONEYMOON URANIUM MINE

The Minister for Industry, Science and Resources, Senator Nick Minchin, today announced the Federal Government has cleared the way for Southern Cross Resources to proceed with its Honeymoon uranium mine project in South Australia. 26 November 2001

26 November 2001           01/472

MINCHIN GIVES FINAL GO-AHEAD TO HONEYMOON URANIUM MINE The Minister for Industry, Science and Resources, Senator Nick Minchin, today announced the Federal Government has cleared the way for Southern Cross Resources to proceed with its Honeymoon uranium mine project in South Australia. 

Honeymoon will be Australia’s fourth uranium mine and uranium from the project will be placed into the world power utility market and help reduce greenhouse gas emissions.

Senator Minchin today advised Southern Cross Resources that he would issue an export permit for the Honeymoon project and endorse the recommendations of the Environment and Heritage Minister, Senator Robert Hill to ensure sound environmental management of the project.

He said that Southern Cross Resources would be able to export uranium from the mine as long as it complied with stringent environmental controls. All uranium exports from the mine will be subject to strict controls ensuring all nuclear safeguards requirements are also met.

“These exports will reinforce Australia’s position as a significant supplier of uranium for use in power generation.  Australia’s uranium exports are currently reducing carbon dioxide emissions by about 330 million tonnes a year,” Senator Minchin said.

“The Honeymoon project, located in South Australia about 80 kilometres north-west of Broken Hill has been subject to a rigorous environmental assessment by the Commonwealth and State Governments to ensure there are no adverse environmental impacts from the mine proceeding.

“The Commonwealth is satisfied that there is no environmental reason why the project should not proceed.  This follows the consideration of the additional information provided by Southern Cross Resources on the Honeymoon aquifer at the request of Senator Hill.

Senator Minchin said that the Honeymoon aquifer is already highly saline, contaminated with radioactive

material and is therefore unfit for human or stock use.  It is also located well away from the Great Artesian Basin.

“The Honeymoon mine is of great importance for Australia, and particularly South Australia and Broken Hill where most of the employees of the mine are expected to be based,” Senator Minchin said

“When in full production the project is expected to generate annual export earnings of around $40 million and create around 200 direct and indirect jobs.

“Honeymoon offers significant opportunities in both employment and regional development for South Australia and I am delighted to see the project proceed.”

Contact: Jennifer Eddy, Senator Minchin’s office, 02 6277 7580 , 0419 432 664

Robin Bryant, Dept of Industry, Science & Resources, 02 6213 7624

CMR554-01

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