
South Australia: The Saudi Arabia of Uranium By South Australian Chamber of Mines and Energy (SACOME) Chief Executive, Jason Kuchel
Uranium has been a part of South Australia’s mining history since its beginning, with ores mined from Mount Painter in the northern Flinders ranges, to mining at Radium hill, the world’s largest Uranium deposit at Olympic Dam and recent In-situ recovery mines on the edge of the Flinders Ranges. Presently South Australian Uranium is mined from hematite breccia complexes in the Gawler Craton or Sandstone hosted deposits in the Curnamona province. These two distinct regions contain 25 percent of the world’s global economically demonstrable resources of Uranium compared to Canada and Kazakhstan’s 12 and 11 percent. This has led some commentators to declare South Australia as “the Saudi Arabia of Uranium”.
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