Sunday, August 7, 2011

Uranium firm urges Va. towns to keep 'open mind' - Washington Times

Uranium firm urges Va. towns to keep 'open mind' - Washington Times: "A company seeking to mine a 119-million pound southern Virginia uranium deposit has sent letters to localities urging officials to “keep an open mind” before the release of studies that could affect whether the General Assembly votes to overturn the nearly 30-year ban on the practice.

Virginia Uranium Inc. says it wants to mine a site in Pittsylvania County considered to be one of the world’s largest untapped sources of the radioactive element widely used in nuclear reactors.

The letter, signed by Walter Coles, the chairman of Virginia Uranium, says an independent engineering study has revealed the “enormous positive economic impact” that such a mining and milling would have on the region, adding that direct and indirect economic benefits would exceed $240 million a year.

“I think our position has been very clear since our company was formed in 2007,” said Patrick Wales, Virginia Uranium’s project manager. “We have great confidence in this industry, but we feel we need independent scientific research.”

Virginia Uranium points to a pending National Academy of Sciences (NAS) study on the statewide impact of mining and a separate one regarding the socio-economic impacts of tapping the supply in Pittsylvania."

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