Canadian Mining Journal reports that British Columbia has banned uranium exploration and development in the province – again.
The first such moratorium was enforced from 1980 to 1987, and it was the hot topic at the PDA (Prospectors & Developers Association of Canada – before there was a C for Canada) at the time. Delegates then were quick to say that British Columbia was sending a signal that mining was not welcome there. Exploration spending shrank during the ’80s and continued to wither during the ’90s. Although low metal prices did their share of the damage, the ban on uranium exploration arguably got the ball rolling…more at Canadian Mining Journal