B.C.'s Uranium Ban Is Irrational, Economically Irresponsible

Source: Vancouver Sun (5/9/08)

Saskatchewan, the nucleus of Canada's uranium industry, proves every day that uranium can be mined safely and responsibly. Discoveries and development in that province have made Canada the world's single largest uranium supplier, accounting for roughly 30 per cent of global production.

The provincial government has slapped a ban on exploration for uranium, outlawed any development of known deposits and imposed a "no registration reserve" to ensure no future claims include rights to the mineral. It has offered no rationale for these draconian measures. In the same terse press release that declared the moratorium, Kevin Krueger, minister of state for mining, offered weasel words to the industry. "British Columbia is an attractive place for mining exploration and investment," he said, "and we are committed to fostering a healthy, productive industry."

Try telling that to David Stone, president of Boss Power Corp., a uranium exploration company with several claims around Vernon and Osoyoos.

Krueger's decree cut the value of the company's capital stock in half overnight. Only after the ban was made public did the government bother to call Stone to advise him it intended to drive him out of business.

Krueger has presented no scientific evidence that uranium exploration is harmful to the environment, and couldn't do so if he tried.

Saskatchewan, the nucleus of Canada's uranium industry, proves every day that uranium can be mined safely and responsibly. Discoveries and development in that province have made Canada the world's single largest uranium supplier, accounting for roughly 30 per cent of global production.

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Source: Streetwise Reports (07/13/2020)

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Source: Marc Davis, BNW News (11/03/2009)

As the world's key gold producing nations struggle mostly in vain to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way.

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Source: Brent Cook, Exploration Insights (04/14/2009)

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Congo Completes Mining Review, Says Majors Quit Talks
Source: Reuters (12/20/2008)

"Review process is extended an additional 45 days to allow six companies to return to the negotiating table for direct talks with government ministers."