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    market news

    City Bans Uranium Mining In Virginia

    Investing News Network
    Sep. 06, 2012 10:37AM PST
    Energy Investing

    PilotOnline.com reported Suffolk City Council and other Hampton Roads cities are calling for the continuation of a 30-year ban on uranium mining in Virginia.

    PilotOnline.com reported Suffolk City Council and other Hampton Roads cities are calling for the continuation of a 30-year ban on uranium mining in Virginia.

    As quoted in the market news:

    By a unanimous vote, the council adopted a resolution Wednesday that opposes the mining and milling of uranium in Pittsylvania County, which it described as a potential threat to the region’s water supply.

    The action came in response to an effort by Virginia Uranium Inc. to get state approval to mine an estimated 119-million-pound uranium ore deposit at Coles Hill, about six miles northeast of Chatham.

    Click here to read the full PilotOnline.com report.

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