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    market news

    Miners Want Lift of Ban on Uranium Mining Near Grand Canyon

    Investing News Network
    Nov. 27, 2014 10:08AM PST
    Energy Investing

    The American mining industry is pleading a federal appeals court to lift a ban on new uranium mining claims near the Grand Canyon.

    The American mining industry is pleading a federal appeals court to lift a ban on new uranium mining claims near the Grand Canyon.

    According to Bloomberg:

    Then-U.S. Interior Secretary Ken Salazar imposed the ban over concerns that large-scale development of uranium mines could threaten groundwater supplies, Native American cultural resources and scenic vistas in and around a park that draws millions of visitors.

    The U.S. mining industry unsuccessfully challenged the ban, which had been sought as early as 2008 by Arizona’s then Governor Janet Napolitano and local governments concerned about damage to the region’s tourist economy.

    Click here to read the full article.

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