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.