"It is time for NSW to look at every opportunity to join the mining boom" ... Barry O'Farrell. Above, a BHP Billiton processing plant in South Australia. Photo: AFP
LEGISLATION to allow mining companies to explore for uranium in NSW will be introduced to Parliament after state cabinet agreed to overturn a decades-old ban.
The Premier, Barry O'Farrell, and the Minister for Resources and Energy, Chris Hartcher, will announce the decision today, arguing it will help boost the state economy.
''It is time for NSW to look at every opportunity to join the mining boom, which is delivering enormous profits and jobs to Western Australia, Queensland and South Australia," Mr O'Farrell said.
He said the first step was to establish the scope of uranium deposits in NSW. The ban on exploration has prevented a clear understanding of potential deposits but the government says it is aware they may exist around Broken Hill.
SMH
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