www.toroenergy.com.au
Toro Energy (ASX: TOE) is well placed to operate one of the first new Western Australian uranium mines. The company is also an explorer in Western Australia, the Northern Territory, South Australia and in the African country of Namibia.
The Wiluna Project is at an advanced stage in government assessment and approval, with Toro planning to commit to construction late next year for first production in 2013. The project hosts two shallow (generally less than 10m deep) calcrete deposits with a Measured, Indicated and Inferred resource of 24.4Mlbs of contained Uranium (U3O8) in the current project approved.
Toro Energy appoints experienced Vanessa Guthrie to head emerging uranium mine
Toro Energy (ASX: TOE) has appointed the very experienced former Woodside Petroleum (ASX: WPL) and Alcoa (ASX: AAI, NYSE:AA) executive Vanessa Guthrie.
Guthrie will be responsible for Toro’s emerging Western Australian Wiluna uranium project, which is targeted by 2013 to be the State’s first modern-era uranium mine.
Guthrie will have responsibility for managing the advanced approvals processes, negotiations and development of the proposed A$270 million mine as it goes through final State and Federal Government regulatory and approvals processes.
These processes include public consultations, and overseeing the establishment of the Wiluna Project’s infrastructure, processing facilities, commissioning and maiden U3O8 production.
Greg Hall, managing director, commented on the appointment, “There is now considerable momentum behind our Wiluna Project and because it has an obvious leadership position in the new WA uranium exploration and mining space, it is imperative that Toro delivers this transition in a highly transparent and world’s best practice manner.”
Most recently Guthrie was chief executive of Wellard Enterprises, a group which in part provides communications, control systems and consultancy services to mining, port and infrastructure providers in Western Australia, Queensland and throughout South East Asia.
