Word: ore
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...Madison and James Monroe all made their homes there. The land is also rich in uranium. But the state has had a moratorium on mining the nuclear fuel since 1982. Now, a group of landowners in rural Pittsylvania County is looking to make a fortune by digging up the ore, and, with talk of nuclear energy making a comeback following last summer's sky-high gas prices, the state is thinking about giving its blessing. The Virginia Commission on Coal and Energy is preparing to undertake a study on whether uranium can be extracted without contaminating the air or polluting...
...stakes are huge. The 30 or so landowners who formed Virginia Uranium Inc. say the two deposits they want to mine contain up to 120 million pounds of ore, enough to mine for decades. With uranium spot prices hovering around $47 a pound, the ore in Pittsylvania, never mind the rest of the state, is worth billions of dollars...
What is your response to the claims that you are romanticizing poverty in India? Emily Gillespie, EUGENE, ORE...
Grandparents rule. In late 2006, John Kreuzer, 30, and his wife moved from Portland, Ore., into his in-laws' house in San Jose, Calif., because he got a p.r. job in Silicon Valley. They decided to keep staying there - with their two little kids - because Kreuzer's father-in-law was laid off. As the job market got tighter, it just made sense for everyone to share living expenses in such a high-cost area, Kreuzer says...
...Some analysts believe Chinalco paid a premium for the Rio assets, given how much prices have slumped. But BOC International's Xu notes, "that the price is much, much lower for the assets - particularly iron ore and copper - than it would have been just six months ago. This seems like a pretty good deal for Chinalco...