A multi-agency state panel studying the possibility of uranium mining in Virginia will conduct its final public meeting Tuesday before submitting its report to legislators in December.
Highlights from market news:
- Meeting is scheduled to review statutory and regulatory changes that would be needed if a 30-year old ban on uranium mining is ended
- Virginia Uranium Inc. is lobbying to have the ban lifted so it can mine the largest known deposit of the radioactive ore in the U.S. and one of the largest in the world. It estimates its value at $7 billion
- Critics argue that full-blown uranium mining has never occurred east of the Mississippi and that Virginia’s wet, storm-prone climate would be a threat to huge containment units that would store radioactive-laced rock for generations
|Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) is in the final stage of acquiring the Shootaring Canyon mill in Utah, one of only three licensed conventional mills in the U.S. Connect with ARY and don't miss an update on their mining claims and state leases in southeastern Utah, South Dakota and Arizona totalling over 65,500 acres.|