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    New Mexico Court Says Insurance Should Pay For Uranium Clean Up

    Investing News Network
    Aug. 24, 2012 11:48AM PST
    Energy Investing

    The Street reported New Mexico’s Supreme Court has ruled a uranium company’s insurance policies may cover costs of cleaning up contamination at a former mine.

    The Street reported New Mexico’s Supreme Court has ruled a uranium company’s insurance policies may cover costs of cleaning up contamination at a former mine.

    As quoted in the market news:

    The ruling on Thursday sends the dispute back to a district court to determine what insurers must pay for, if any, involving a cleanup by United Nuclear Corp. at the Northeast Church Rock mine near Gallup. The site is adjacent to the Navajo Nation.

    Click here to read the full Street report.

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