Who owns virginia uranium inc

The company, which wants to mine uranium from a site near Coles Hill, then petitioned the Supreme Court to consider the ruling. The federal government also filed a brief urging the Supreme Court to take up the case. The Supreme Court argued the case in November and in June announced it affirmed the earlier court decision.

The Coles Hill uranium deposit in Pittsylvania County was first discovered in , and NI figures showed it to contain measured resources of tU and indicated resources of 42, tU. Virginia Energy's ownership in Coles Hill is held through its subsidiary, Virginia Uranium, headed by the Coles family in whose ancestral land the deposit lies.

Virginia is home to four operating reactors at two nuclear power plants, numerous nuclear companies and government nuclear-related facilities, but has had a moratorium on uranium mining since Our Privacy and Cookies Policy. Judge upholds Virginia's uranium mining ban 04 August Share. Mining Uranium resources USA. Related Links Virginia Uranium Inc. But it does not cover conventional uranium mining on non-federal land. Chief Justice John Roberts, writing in dissent, said the ruling could enable states to target uranium development in various ways, such as preventing counties from providing garbage collection or fire protection to nuclear facilities.

Virginia Uranium had touted the economic benefits for Virginia, saying it could create more than a thousand jobs annually and pump billions of dollars into the local economy. The Richmond, Virginia-based 4th U. Commodities News Updated. By Andrew Chung 5 Min Read. People leave the U. Supreme Court in Washington, D.