Cape Alumina Limited Reassess Future of Pisolite Hills Project in Queensland

PERTH, AUSTRALIA--December 9, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--Cape Alumina Limited (ASX:CBX) (Brisbane, Queensland) will reassess the future of its Pisolite Hills Bauxite Mine and Port projects following a recent decision by the Queensland government to ban all mining in the Steve Irwin Wildlife Reserve. The Pisolite Hills project originally had been planned to begin construction in 2014, but due to environmental issues the timeline for the project has been continually deferred.