MANAGEMENT

Manhattan's Ponton to wait awhile.

THE OWNER of Ponton, a prospective uranium project on the edge of Western Australia's Great Victoria Desert says it will put the venture ion ice after conceding the present WA government's policy banning new uranium mines and mineral exploration in A Class reserves means the chances of progressing the project over the four year term of the state Labor government are slim.

Karma Barndon
Queen Victoria Spring Nature Reserve in WA.

Queen Victoria Spring Nature Reserve in WA.

The 690sq.km of exploration tenements 200km from Kalgoorlie making up Manhattan Corporation’s prize Ponton uranium project have inferred resources of 24Mlb uranium oxide in four deposits sitting on tertiary...

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