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Traditional owners in the Northern Territory are celebrating the return of land rights over the Kakadu township, Jabiru.
Jabiru was established as a mining town and sits just over 250km southeast of Darwin.
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The town is home to a vibrant traditional art centre, the home of the notorious Cahills Crossing where fishermen battle crocs for a catch, and on the doorstep of World-Heritage listed Kakadu National Park.
It is hoped the handback will bring certainty to the town s future after mining operations ceased in January.
Senior Mirarr traditional owner Yvonne Margarula spoke at the ceremony in the Indigenous language of Kundjeyhmi, with her message of joy translated as she spoke.
One of Australia's longest running native title fights has ended with the formal return of land rights to traditional owners in the Kakadu Northern Territory township of Jabiru.
Deep Yellow Limited (ASX:DYL) Appoints New Chairman for Next Phase of Growth
Appoints New Chairman for Next Phase of GrowthPerth, May 12, 2021 AEST (ABN Newswire) - Deep Yellow Limited (
OTCMKTS:DYLLF) is pleased to announce the appointment of highly experienced executive Mr Chris Salisbury to the Board, replacing Mr Rudolf Brunovs.
Mr Brunovs will remain on the Board as a Non-Executive Director and will retain Chair of the Audit Committee. The Company would like to thank Mr Brunovs for his time as Chairman.
Mr Salisbury is a metallurgical engineer who brings more than 30 years of mining, strategy and operational experience across a diverse range of commodities. Mr Salisbury has extensive uranium experience having worked in the industry in both Australia and Namibia, through senior roles for the Rio Tinto Group. From 2004-2008, Mr Salisbury worked for Energy Resources of Australia (ERA) which operated the Ranger Mine located in the Northern Territory and during that ti
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As the uranium prices continue to rally, Morgan Stanley expects inventories to diminish and prices to trend higher
-Morgan Stanley forecasts US$48/lb by 2024.
-Disposal of uranium waste deemed safe
-Spot uranium price climbs nearly 13% in March
The pandemic has been a greater disruption to uranium supply than to demand, with nuclear power proving to be very resilient in most markets. Nonetheless, sales from inventories have capped price upside. As inventories diminish, Morgan Stanley expects the uranium price to trend higher.
Increased contracting activity in the enrichment market could be the start of a new long-term uranium contracting cycle. While global nuclear power capacity fell -2.7GW in 2020, Morgan Stanley sees a net 8GW increase in 2021 as new plants come online in China, other Asia and Eastern Europe.