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    market news

    Virginia Senator Considering End to Ban on Uranium Mining

    Investing News Network
    Dec. 07, 2011 01:45PM PST
    Energy Investing

    CNBC reported a Virginia state senator predicted the 2012 General Assembly will end a uranium mining ban.

    CNBC reported a Virginia state senator predicted the 2012 General Assembly will end a uranium mining ban.

    As quoted in the market news:

    Wagner was among four panelists who debated what is likely to be the biggest environmental battles before the legislature in years. The others were Sen. William Stanley, a Republican who represents Pittsylvania County, home to a 119-million-pound uranium deposit that is fueling the debate; Patrick Wales, project manager for Virginia Uranium Inc., which wants to tap the radioactive ore; and Cale Jaffe, an attorney with the Southern Environmental Law Center, which opposes lifting the ban.

    Click here to read the full CNBC report.

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