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    market news

    Uranium Mining Ban Lifted on Inuit Lands in Canada

    Investing News Network
    Dec. 15, 2011 02:13PM PST
    Energy Investing

    Reuters Africa reported Crosshair Energy Corp (TSX:CXX,NYSE:CXZ) said a three-year moratorium on uranium mining in Labrador has been lifted..

    Reuters Africa reported Crosshair Energy Corp (TSX:CXX,NYSE:CXZ) said a three-year moratorium on uranium mining in Labrador has been lifted..

    Crosshair’s Chief Executive, Steve Wallis said:

    Labrador contains one of the largest undeveloped uranium resources in the world and the lifting of the moratorium will significantly improve the environment for uranium exploration and development in Labrador.

    Click here to read the full Reuters Africa report.

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