Sunday, February 17, 2008

What Happens When the Uranium is All Mined?

As this example shows, what happens when the Multi-National and Local Corporations finish their mining is exactly what we said in the past...................they close up shop, declare bankruptcy, and head for a island retreat on their private plane with all the money they made, leaving the locals with the burden of the Clean-up and any lingering health concerns!

(The following is from http://www.txpeer.org/toxictour/uri.html )

Winning the Battle -- Losing the Aquifer?

Over two years after the TNRCC allowed Area 3 mining to begin, Kleburg County and Teo Saenz and his neighbors won the legal battle for the right to a contested case hearing to decide whether the permit should have ever been approved. The Travis County District Court ruled on February 29, 2000 that the TNRCC must grant a hearing on URI's plan to open a new uranium mining area. This ruling marks the sixth time in the last several years that a court has had to step in to protect citizens rights to participate in permit decisions implemented by the Bush-appointed TNRCC Commissioners.
But the damage had already been done. After mining as much uranium as it could from Area 3, URI stopped mining months ago. In a March 31, 2000 press release, URI admits, "the company has exhausted all of its available sources of cash to support continuing operations and will be unable to continue in business beyond June 2000 unless it can secure a cash infusion."

Inheriting Pollution

Now, as the neighbors feared, Uranium Resources Inc. is on the verge bankruptcy. Teo Saenz is worried that the land and water near him will never be adequately cleaned up. "My inheritance was land, and we're giving them polluted water and soil," he says. "That's not a very good inheritance for our kids".

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