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Mega Uranium Ltd T.MGA

Alternate Symbol(s):  MGAFF

Mega Uranium Ltd. is a Canada-based mineral exploration and development company. The Company is focused on the acquisition and exploration of uranium prospective properties. It has exploration stage mineral resource properties in Queensland and Western Australia and investments in uranium-focused companies. It also holds interests in junior and medium-sized uranium exploration and development companies, royalty and diversified uranium holding companies, and its own exploration and development projects. The Company’s project is Maureen Uranium-Molybdenum Project, which is located approximately 32 Kilometer (km) away from the small regional hub of Georgetown, located in Northern Queensland, Australia. Its subsidiaries include Maple Resources Inc.; Uranium Mineral Ventures Inc., Mega Georgetown Pty Ltd., Mega Hindmarsh Holdings Pty Ltd., Mega Redport Holdings Pty Ltd., Monster Copper Corporation., Nu Energy Uranium Corporation, and Northern Lorena Resources Ltd.


TSX:MGA - Post by User

Bullboard Posts
Post by Kpain9999on Apr 30, 2007 6:07am
405 Views
Post# 12695555

Let the politics begin...part two

Let the politics begin...part twoRudd says uranium policy not hypocritical 30Apr07 LABOR'S plan to expand uranium mining but oppose nuclear power is not hypocritical, Labor leader Kevin Rudd says. At its national conference on the weekend, Labor announced a plan to drop its long-held ban on new uranium mines and continue to oppose nuclear power. The government accused Labor of hypocrisy but Mr Rudd said that because Australia, unlike many countries, is abundant in energy resources, like solar, wind, geothermal and coal, there is no need to go nuclear. "There are a whole bunch of other countries around the world which are not so energy rich, and therefore they do need uranium," said Mr Rudd. "We have been selling uranium for many, many years and our policy simply recognises that new reality. "Mr Howard's plan by contrast is to forget coal, forget clean coal, turn your back on the coal industry and instead let's build 25 nuclear reactors in a suburb near you."
Bullboard Posts