EXPLORATION & DEVELOPMENT

Toro costs Lake Maitland uranium-vanadium option

TORO Energy has a new idea of the budget it will need to develop a standalone uranium-vanadium operation at Lake Maitland, near Wiluna in Western Australia.

 Toro Energy's Wiluna site

Toro Energy's Wiluna site

Capex has been put at A$270 million, including a 20% contingency.   The capital need is $45 million lower than the capex for the entire Wiluna operation, costing in 2014, which would have been a plant...

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