Toro Energy's Wiluna Uranium Project in Western Australia Receives Federal Approval

PERTH, AUSTRALIA--May 24, 2013--Researched by Industrial Info Resources (Perth, Australia)--Within the next two years, Western Australia expects to become the latest state to mine and export uranium, with a goal of beginning production before the end of 2015. The federal government recently approved Toro Energy Limited's (ASX:TOE) (Norwood, South Australia) environmental application for mining. But before the $269 million Wiluna uranium project, which is located approximately 30 kilometres south of Wiluna, can proceed to any further stage, including any construction, mining agreements have to be acquired with respect to native title claimants.