Uranium Mining Near Grand Canyon Continues to Face Opposition

KPBS reported that environmental groups and local tribes are continuing to battles in opposition to uranium mining near in a resource-rich area near the Grand Canyon.

As quoted in the market report:

But the mining company faces another obstacle. The site is surrounded by a ranch that’s owned by the Navajo Nation. The tribe has said it would not allow the company to transport uranium across its land, because the industry has caused the Navajo people so much suffering. The federal government is still cleaning up mines on the reservation.

To view the whole KPBS report, click here.

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Peninsula Energy

Peninsula Energy (ASX:PEN) is set to be the ASX’s next uranium producer. Its flagship Lance Projects in Wyoming is headed towards production in 2015, with purchasing contracts secured for 2015 to 2024.

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