Forte Energy
Full Forte Energy profile here
Forte Energy (ASX: FTE) is an Australian-based minerals company focused on the exploration, evaluation and development of uranium and energy-related projects worldwide.
Forte Energy has secured an extensive portfolio of uranium projects in the Republics of Guinea and Mauritania in West Africa, where it is pursuing intensive exploration programs. The Company also holds copper and cobalt interests in Queensland and Western Australia, Australia.
Murchison United receives scoping study for Maroochydore Copper Project
Wednesday, August 13, 2008
It is easy to forget that Murchison United (ASX: MUR, AIM: MUU) does in fact have one interest outside of uranium in West Africa. This morning, the company announced that a scoping study had been completed by its 50% joint venture partner, Aditya Birla Minerals (ASX: ABY) on the Maroochydore Copper Project in Western Australia.
The scoping study confirmed that the project as it currently stands would not likely support a commercial mine. However, Murchison United also noted that the study did highlight that synergies could be achieved with the nearby Nifty Copper Mine, which is owned by Aditya Birla Minerals.
“While Murchison continues to work with Adity Birla Minerals to advance the Maroochydore Project, the Company remains focussed primarily on the exploration and development of its portfolio of uranium projects in West Africa as the basis for development of a substantial long-term uranium business” the Company stated.
Murchison recently announced an agreement with Areva, the French nuclear heavyweight, on uranium exploration in Mauritania.
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