The Federal Department for Sustainability, Environment, Water, Population and Communities has extended the timeframe for the Federal Minister Tony Burke to 5 April 2013.
Reacting to the extension, Toro Energy managing director Vanessa Guthrie said that it accepts the delay as result was dated on Easter Sunday, which was eventually extended to 5 April.
"’Toro looks forward to receiving the Minister’s decision next week following the public assessment process which has lasted almost three and a half years," added Guthrie.
The delay follows the previous extension in December 2012, when Burke stretched the timeframe until end of March 2013 seeking additional information about operational impacts on regions water resources.
However, as per the company’s initial plans, final investment decision was expected to be completed by the second half of 2013 with first uranium sales slated to begin in 2015.
