Oregon Energy hopes to mine uranium from a pit in Eastern Oregon, bringing jobs to the area suffering from high unemployment.
The company forecasts extraction from the Aurora would bring 250 construction jobs and 150 mining jobs to Malheur County, where 31,313 people are living with 10.3 percent unemployment, more than 1 percentage point higher than the state average.
The mine would cost $200 million to develop, and uranium extraction could continue for up to 20 years. Yellowcake would bring $52 per pound and could fuel nuclear reactors or be processed into weapons.
Read more at KVAL.
Read previous coverage of the proposed uranium mine from Oregon Business.