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Uranium prospecting in Teller, Fremont Counties
November 13, 2007 5:14 PM
A Uranium exploration company is reporting good prospects in Teller County, and a property owners association in Fremont County is fighting to keep uranium prospectors off of their land. Interest in Uranium mining is a direct result of a huge price increase for the radioactive mineral, which now trades for about $90 a pound, that's a fourfold increase in the last two years. And part of what makes uranium mining attractive in southern Colorado is the proximity of the Cotter Corporation's uranium processing mill in Canon City. It's one of only two in the country with valid uranium processing permits. At least three companies are currently prospecting for uranium in Fremont and Teller Counties.
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Posted by Eric Whitney on November 13, 2007 5:14 PM | Permalink
