Uranium industry challenges Grand Canyon mining ban

[Joanna + 68]

The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon. The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of new mining claims came pouring in. 

[李伟王芳 + 77]

well, it is perfect timing for that. And while they are there,  they should ask for some benefits, tax cuts, subventions...

[Meanwhile + 49]

There still are over 500 abandoned uranium mines on Navajo Nation territory there

[JohnAtronis + 78]

There is no mining proposed in or near the Grand Canyon or its Monument area. The distance from the Canyon to the zone under the ban is about the same as from New York to Boston.

[JohnAtronis + 78]

6 minutes ago, Joanna said:

The US mining industry is asking the Supreme Court to revoke an Obama-era rule banning the mining of uranium on public lands nearby the Grand Canyon. The National Mining Association (NMA) and the American Exploration and Mining Association (AEMA) filed petitions on Friday asking the court to reverse the 2012 ban implemented by the previous administration as uranium prices soared and a flurry of new mining claims came pouring in. 

Not all public lands are parks or precious wildernesses. Much is just land that no one wanted in 1800's. That doesn't mean it all gets locked up for your camping and hiking pleasure forever.

[Joanna + 68]

Just now, JohnAtronis said:

Not all public lands are parks or precious wildernesses. Much is just land that no one wanted in 1800's. That doesn't mean it all gets locked up for your camping and hiking pleasure forever.

No, I would rather go to the beach and see oil platforms or go to the Grand Canyon and watch uranium mining.

[李伟王芳 + 77]

Worldwide, we have a 90 year supply of uranium and it's quite abundant everywhere. This request is just driven by greed, not demand.

[Meanwhile + 49]

the mining companies and their lawyers obviously didn't read and/or understand the 9th circuit court's ruling on the matter.

[JohnAtronis + 78]

These days, prices are too low for most U.S. uranium operations to make any money. But that may be about to change – uranium’s biggest customer is the nuclear energy industry. In the coming years, hundreds of new nuclear reactors are planned for China and India. Uranium companies in the U.S. are banking on the possibility all that demand will drive up prices, creating an industry boom.

[Joanna + 68]

I honestly thought that uranium industry is dead

[Meanwhile + 49]

1 minute ago, JohnAtronis said:

These days, prices are too low for most U.S. uranium operations to make any money. But that may be about to change – uranium’s biggest customer is the nuclear energy industry. In the coming years, hundreds of new nuclear reactors are planned for China and India. Uranium companies in the U.S. are banking on the possibility all that demand will drive up prices, creating an industry boom.

prices may go as high as $80 per pound in the next 5 years.

[JohnAtronis + 78]

1 minute ago, Meanwhile said:

prices may go as high as $80 per pound in the next 5 years.

and now is $22?