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By: Doug Casey, Casey Research
The Casey Files: For more than twenty years, Doug Casey The current opposition party in Why? A federal election must occur in Labour holds the balance of power in each and every one of Here’s why the April Labour conference could be a game-changer: Queensland’s premier, Peter Beattie, says that his state will fall in line with the policy that reaches consensus at April’s gathering, which could signal an immediate boon to companies working in that province. The stakes are enormous. Because of past governmental disincentives, few of Most likely this holds true for other regions of A look at history makes it even more apparent how groundbreaking Labour’s potential change of attitude could be. In 1984, the federal Labour government instituted the “three mines policy,” which was intended to eventually end all uranium mining in After John Howard’s coalition government swept into power in 1996, it scrapped the three mines policy. But because state and territorial governments were all dominated by the Labour party, the industry still made little progress. In fact, the Nabarlek mine had already shut down in 1988, leaving only two mines in operation. In 2000, the Beverley mine in With Labour threatening to win the 2007 federal election, that party’s stance on uranium will be pivotal for Australian exploration companies and, indeed, for the global uranium market as a whole. This April’s conference will provide crucial clues as to the shape of things ahead. For complete coverage on Australia and the rest of the uranium market, check out www.caseyresearch.com and sign up for a no-risk subscription to the Casey Energy Speculator. -- Posted Wednesday, February 28 2007 | Digg This Article | Doug Casey, legendary natural resource speculator and author of “Crisis Investing”, one of the best-selling investment books of all times, has helped tens of thousands of investors become a great deal richer. His monthly newsletter, the International Speculator, which is now in its 26th year, recommends almost solely companies that can be expected to generate a double- or triple-digit return within a year. You can view all of Doug’s current best picks without risk or obligation. Learn more. Previous Articles by Doug Casey |
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