In Virginia, Embracing Energy, Jobs and Progress

By November 7, 2008Energy

Well, at least some leaders in Virginia are embracing the study of the energy, jobs and progress inherent in uranium mining. Given the powerful forces of NIMBYism in the world, that’s a good start. From AP:

RICHMOND, Va — A state commission approved a study Thursday to examine the impact of mining a rich uranium ore deposit in Virginia believed to be the largest untapped trove of uranium in North America.The unanimous vote by the Virginia Coal and Energy Commission could be the first step toward ending a 1980s moratorium on uranium mining in Virginia. The study will center on a deposit in rural Southside Virginia that contains 119 million pounds of uranium ore valued between $8 billion and $10 billion.

The U.S. now produces only 4.7 million pounds of the 65 million pounds of uranium ore used domestically each year, according to Mick Mastilovic, vice president of operations for Virginia Uranium Inc., the Chatham company that wants to begin mining.

Richmond Times-Dispatch story.


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