Va. Uranium Mining Question Spawns Studies

June 22, 2010

A uranium mining and milling operation in Southside Virginia would create up to 350 jobs and generate $40 million to $50 million for the local economy.

That is the conclusion of a study commissioned by Virginia Uranium Inc.

A summary of the study was submitted to a legislative panel deciding whether Virginia should end its 1982 moratorium of uranium mining.

The Virginia Coal and Energy Commission's Uranium Mining Subcommittee has scheduled a public meeting Tuesday evening in Chatham on one of those studies: a socio-economic analysis.

Virginia Uranium has proposed tapping a 119-million-pound deposit deposit located near the North Carolina border in Pittsylvania County.

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