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« The Real Inflation Rate and What to Do About It | Main | Marin Katusa: Fortune Favors the Bold Energy Investor »
Monday
Mar252013

Judge refuses to overturn uranium mining ban

 

PHOENIX — Conservation groups celebrated a federal judge’s ruling that denied a motion to overturn the Obama administration’s ban on uranium mining on 1 million acres of public land near the Grand Canyon.

The decision by U.S. District Judge David Campbell in Phoenix rejected arguments from uranium mining interests that the federal government couldn’t withdraw such a large tract.

“If it had been instituted, it really would’ve crippled the ability of the Interior Department to say, ‘Hold on, we need to take some time to set these lands aside because there’s other lands out there we want to protect,’ ” said Ted Zukoski, an attorney with the environmental law firm Earthjustice.

The 20-year moratorium was adopted in January 2012 to protect the canyon’s watersheds by prohibiting new mining claims and any development on old claims that lacked “valid existing rights.”

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Reader Comments (2)

Bob,
Can you please tell us which companies are affected by this ban so that we can steer clear of them.

Malcolm

March 26, 2013 | Unregistered CommenterMalcome

Malcolm,

We'll throw your question over to our readers as those living close to this area will be better informed than we are.

In the meantime you might want to take a look at this:

http://arizonageology.blogspot.co.nz/2013/01/court-decision-supports-companies.html

http://www.mineweb.com/mineweb/content/en//page72103?oid=169807&sn=Detail

hope this helps,

Bob K

March 26, 2013 | Registered CommenterUranium Stocks

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