AI
STHJF sure benefitted from January decision.
Uranium Mining Companies Cheer NRC Legal Decisions on New Mexico Property
U.S. Gov't Agency Calls Local Environmental Group's Arguments Disingenuous
SARASOTA, Fla., Jan. 23, 2006 (PRIMEZONE) -- Mining executives at uranium companies proposing to develop In Situ Leaching uranium operations in northwestern New Mexico, near Navajo Nation territory, upon which uranium mining has been banned, celebrated a three-judge panel's recent decision over the contested HRI project by Uranium Resources (OTCBB:URIX). Legal arguments advanced by the local environmental activists have been labeled "insubstantial" and "disingenuous" in NRC conclusions announced recently and over the past year. Commentaries from both sides appear in a copyrighted series of articles in StockInterview.com. Other companies, such as Strathmore Minerals (TSX-V:STM) (Other OTC:STHJF) and Energy Metals (TSX-V:EMC) stand to benefit from the recent decision, which may involve uranium assets potentially valued in excess of $20 billion (gross value with spot uranium at $36/pound).
"It helps that the regulatory community shed light on the inaccuracies, and on the disingenuous approaches the anti-nuclear contingent brings to the argument," Juan Velasquez, Vice President of Environmental and Regulatory Affairs for Strathmore Minerals told StockInterview.com. Late last year, Strathmore opened a permitting office in Santa Fe, New Mexico to move forward a nearby property into ISL operational development. William Sheriff, Director of Corporate Development for Energy Metals, which holds nearby uranium properties, told StockInterview.com, "I think the rulings by the NRC (on HRI's applications), are very positive. It's just another step toward production."
Environmentalists challenged the project on the basis of groundwater contamination, an appeal which a full panel of NRC commissioners recently refused to hear. Craig Bartels, president of HRI, clarified the rhetoric in a taped interview with StockInterview.com, "We hear this all the time: 'The water is pristine drinking water.' That is not at all correct. The water is already toxic." Federal and county panels have routinely dismissed the legal arguments presented by the activists.
The entire three-part series, which appears today, discusses the legal war between uranium mining companies versus the environmentalists and the Navajo Nation. The first installment in this series is posted on the Internet news website, StockInterview.com: http://www.stockinterview.com.
CONTACT: StockInterview.com
Julie Ickes
(941) 929-1640
editor@stockinterview.com
Source: PrimeNewswire (January 23, 2006 - 8:00 AM EST)
Uranium Mining Companies Cheer NRC Legal Decisions on New Mexico Property
U.S. Gov't Agency Calls Local Environmental Group's Arguments Disingenuous
SARASOTA, Fla., Jan. 23, 2006 (PRIMEZONE) -- Mining executives at uranium companies proposing to develop In Situ Leaching uranium operations in northwestern New Mexico, near Navajo Nation territory, upon which uranium mining has been banned, celebrated a three-judge panel's recent decision over the contested HRI project by Uranium Resources (OTCBB:URIX). Legal arguments advanced by the local environmental activists have been labeled "insubstantial" and "disingenuous" in NRC conclusions announced recently and over the past year. Commentaries from both sides appear in a copyrighted series of articles in StockInterview.com. Other companies, such as Strathmore Minerals (TSX-V:STM) (Other OTC:STHJF) and Energy Metals (TSX-V:EMC) stand to benefit from the recent decision, which may involve uranium assets potentially valued in excess of $20 billion (gross value with spot uranium at $36/pound).
"It helps that the regulatory community shed light on the inaccuracies, and on the disingenuous approaches the anti-nuclear contingent brings to the argument," Juan Velasquez, Vice President of Environmental and Regulatory Affairs for Strathmore Minerals told StockInterview.com. Late last year, Strathmore opened a permitting office in Santa Fe, New Mexico to move forward a nearby property into ISL operational development. William Sheriff, Director of Corporate Development for Energy Metals, which holds nearby uranium properties, told StockInterview.com, "I think the rulings by the NRC (on HRI's applications), are very positive. It's just another step toward production."
Environmentalists challenged the project on the basis of groundwater contamination, an appeal which a full panel of NRC commissioners recently refused to hear. Craig Bartels, president of HRI, clarified the rhetoric in a taped interview with StockInterview.com, "We hear this all the time: 'The water is pristine drinking water.' That is not at all correct. The water is already toxic." Federal and county panels have routinely dismissed the legal arguments presented by the activists.
The entire three-part series, which appears today, discusses the legal war between uranium mining companies versus the environmentalists and the Navajo Nation. The first installment in this series is posted on the Internet news website, StockInterview.com: http://www.stockinterview.com.
CONTACT: StockInterview.com
Julie Ickes
(941) 929-1640
editor@stockinterview.com
Source: PrimeNewswire (January 23, 2006 - 8:00 AM EST)
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