Western Plains Resources near Coober Pedy

abn newswire report

Western Plains Resources Ltd (ASX:WPG) signed a A$45 million deal with the Australian subsidiary of Wugang Iron & Steel (Group) Corp (WISCO) to sell a 50 per cent participating interest in the Hawks Nest project located within the Woomera Prohibited Area.

Western Plains said today it received a letter from the Department of Defence saying that it will not support an application by a subsidiary of Wugang Iron & Steel (Group) Corp (WISCO) to the Foreign Investment Review Board for approval of the WISCO investment.

Mineweb reports : Western Plains wanted to know why exploration and mining tenure had been singled out when pastoral operations operate in the region using itinerant workers, tourists travel through the Woomera protected area via the Stuart Highway and Central Australian Railways and opal miners and prospectors mine and fossick in the region.