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    market news

    Czech Government Approves Uranium Mine Extension

    Investing News Network
    Jul. 19, 2012 11:07AM PST
    Energy Investing

    CNBC reported the Czech government has approved extending the life of a uranium mine to help grow the country’s nuclear program despite environmental objections.

    CNBC reported the Czech government has approved extending the life of a uranium mine to help grow the country’s nuclear program despite environmental objections.

    As quoted in the market news:

    Prime Minister Petr Necas also said Thursday the government wants to identify other suitable locations for uranium mining.

    The mine in Rozna, around 160 kilometers (100 miles) southeast of Prague, produced some 224 metric tons of uranium last year and is the only such mine in Central Europe.

    Click here to read the full CNBC report.

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