Kazakh Storm Has Limited Impact on Uranium Production
An extremely destructive storm in Kazakhstan led to a temporary suspension of uranium mining in the Sozak region.
An extremely destructive storm in Kazakhstan led to a temporary suspension of uranium mining in the Sozak region.
The Wall Street Journal reported that the bill to lift the uranium mining ban in Virginia has been withdrawn just before a state Senate panel vote.
The Street reported that Virginia's uranium mining opponents voted to block a legislation that would ultimately end a decades-old state-wide moratorium. The decision, wildly supported by the Senate.
This week, the Virginia General Assembly will take up proposed legislation to end the state's 31-year moratorium on uranium mining permits in what is expected to be a tight vote.
The Street reported that 652 business leaders from the state of Virginia opposed the ending of its 1982 moratorium on uranium mining. The state has 119 million pounds of uranium deposits located in Southside Virginia.
Both industry experts and market watchers are confident that uranium spot prices will begin to rise this year as nuclear power plants are constructed and commissioned around the world.
Bloomberg Businessweek reported that the Coal and Energy Commission is meeting today with its subcommittee on uranium mining as well as Uranium Working Group members, who recently submitted a report on uranium industry issues to Republican Governor Bob McDonnell. The report is aimed at helping Virginia lawmakers decide whether to lift the state's 30-year moratorium on uranium mining.
Uranium miners in the United States are grappling with environmental safety concerns.
CNBC reported a resolution about uranium mining has been adopted in a Virginia county with a large uranium deposit.
CNBC reported a multi-agency working group examining various aspects of uranium mining is heading to Southside Virginia for a public meeting.
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