Uranium Mining Report Cites Benefits; Also Notes Environmental Risks

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Byline: David Sherfinski, THE WASHINGTON TIMES

Lifting a decades-long ban on uranium mining could generate more than 1,000 jobs and have an annual economic impact of $135 million, should the hot button-issue of tapping a site in Southside Virginia move forward, according to a study from a Richmond-based economic forecasting firm.

The 179-page report from Chmura Economics and Analytics assumes that the site would be operated and dismantled within established federal guidelines and concludes that the potential impact on real estate values would be minimal.

Virginia Uranium Inc. wants the General Assembly to lift a 30-year moratorium on uranium mining in the …