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    market news

    Uranium Mining Won’t Affect Water Supply

    Investing News Network
    Aug. 29, 2012 09:36AM PST
    Energy Investing

    CNBC reported a uranium mining company in Virginia says public water supplies will not be threatened by the processing of the radioactive ore.

    CNBC reported a uranium mining company in Virginia says public water supplies will not be threatened by the processing of the radioactive ore.

    As quoted in the market news:

    Virginia Uranium Inc. restated its commitment to store radioactive-laced rock from the so-called Coles Hill deposit in below-ground containment cells, which it said would “eliminate the risk” of tailings entering public water supplies.

    A Virginia Beach study has warned that a catastrophic weather event at a Pittsylvania County milling facility could scatter waste known as tailings into Lake Gaston, which supplies water to the resort city and neighboring communities about 100 miles away. The study’s conclusions were based on above-ground containment cells.

    Click here to read the full CNBC report. 

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