30.07.2012 - Australia: Shelving projects 'a wise move for miners'
The nation's biggest listed investment fund and one of BHP Billiton's top shareholders has applauded moves by big miners to shelve Australian projects because of high costs and sliding commodity prices. Over the weekend, the most likely of Australia's next big uranium developments, the Kintyre project in the Great Sandy desert, became the latest victim after being hit by sluggish prices for the nuclear fuel and Western Australia's heated construction market...............................................Full Article: Source
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