The Victorian gold project of Alliance Resources is to be idled due to the global credit crisis. It would rather employ its $20 million in cash to fund the Four Mile Uranium project, situated in South Australia--near the Beverly uranium mine.
Uranium trumps gold for Alliance
Comments
Free Daily eNewsletter
Futures Magazine
Futures, Options, Stock, Forex and Derivative Strategies, Analysis and News
Visit FuturesMag.com