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Article: Hungarian press review 14/09/2007 - Companies & Business.
- Article from:
- Hungary Business News
- Article date:
- September 14, 2007
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Hungarian press review 14/09/2007 - Companies & Business
BUDAPEST. SEPTEMBER 14. INTERFAX CENTRAL EUROPE - ENERGY: Locals Likely to Oppose WildHorse Uranium Mining in Southern Hungary - There are a number of doubts regarding the planned investment of Australian energy company WildHorse to restart uranium-ore mining in the Mecsek mountains of southern Hungary.
Despite the fact that the uranium in the area is valued at HUF 900 bln, as it is scattered in smaller deposits, its exploration and exploitation would cost at least HUF 100 bln, which some experts doubt the investor is willing to spend. Furthermore, the municipality of the nearby city of Pecs has ...