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

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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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