India Okays Uranium Mining

Mining Weekly reported India’s Forestry and Environment Ministry has given approval for uranium mining in Meghalaya.

As quoted in the market news:

UCIL has earmarked an investment of $229-million to develop the uranium reserves there.

The clearance comes despite decades of opposition to uranium exploration and mining in the province by locals claiming to be victims of radiation and toxic waste resulting from exploratory drillings by UCIL.

Click here to read the full Mining Weekly report.