Uranium mining may come to Oregon

| Print |  Email
High Five
Monday, October 03, 2011

Uranium has been found in dense enough concentrations in Oregon that Oregon Energy wants to mine it.

Lachlan Reynolds, Oregon Energy’s president, says the company’s plan is to supply uranium to the domestic U.S. market to provide nuclear power. 
Like gold mining, uranium mining falls under the aegis of the 1872 General Mining Law that considers hardrock mining the highest and best use of the public’s land. Chris Hansen of the Oregon Natural Desert Association (ONDA) says when it comes to the General Mining Law the issue is usually not whether there will be a mine, but how bad the mine will be. 
Nuclear power, post the Fukushima disaster, hasn’t exactly been the most popular energy source and uranium prices dropped after the accident, according to market reports. It’s recently been going for about $54 a pound. But the results of Oregon Energy’s test drilling at the Aurora uranium deposit in southeast Oregon has encouraged the company to go ahead with its plans for an open-pit mine at the site, and Reynolds says Oregon Energy is willing to drop $200 million to establish the mine.

Read more at Eugene Weekly.

{biztweet}uranium mine{/biztweet}

 

More Articles

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...

Labor Pains

February 2015
Monday, January 26, 2015
BY AMY MILSHTEIN

Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.


Read more...

Finding a Balance

Contributed Blogs
Thursday, January 29, 2015
012915-passinvst-thumbBY JASON NORRIS | OB GUEST BLOGGER

Active vs. passive investing: what you need to know.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Editor's Letter: Tortoise and the Hare

February 2015
Monday, January 26, 2015

The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average. 


Read more...

Top stories in 2014

The Latest
Thursday, December 18, 2014
10-listthumb

2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.


Read more...

Behind the curtain: What students should know about accreditation and rankings

Contributed Blogs
Thursday, December 04, 2014
120414-edurating-thumbBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS