Virginia Senator Considering End to Ban on Uranium Mining

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.