Thursday, July 17, 2008

Interior Dept says Congressional halt of uranium exploration is not valid


KSWT, Channel 13 in Phoenix reports that a senior official in the U.S. Department of Interior has written to Congressman Nick Rahall [left] , chairman of the House Natural Resources Committee, telling him that the resolution passed on June 25 to halt new uranium exploration on a million acres of public land in northern Arizona is not valid because the committee did not have a quorum. Rahall disputes that claim.

The resolution was introduced by Rep. Raúl Grijalva [right] of Tucson, Chairman of the Subcommittee on National Parks, Forests and Public Lands.

Meanwhile, Mineweb analysis suggests that uranium prices have bottomed out [right, credit Infomine.com] in light of record oil prices and increasing demand for nuclear power.