Word: uranium
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...safety levels and elimination began with Anaconda continued when ARCO took curt the company, though the mines also brought money (the Lagunas have never disclosed how much) and improved the education level and the proportion of Indians going to college. Jackpile closed in March of this year as the uranium market worsened, but he health dangers remain...
...Lagunas, income from the mine has dried up; and the chance of their being able to restart the mine for profit in the sagging uranium market is slim. Without their primary source of income. Laguna officials cannot provide service for their citizens--who, as in other Indian communities, suffer from drug and alcohol abuse and a leenage suicide rate three times the national average...
...even if the uranium market has entered a permanent decline, other resources can take its lace. Indian lands still contain 15 percent of the nation's coal and 4 percent of its oil and natural gas. Only by using the geological and environmental experience acquired so painfully in places like Jackpile can the Indians make the most of a treasure the United States never wanted them to have...
...Pont technicians also conduct research at Savannah River on various parts of the nuclear fuel cycle and manage the only two facilities in the country which can reprocess plutonium and uranium from nuclear waste produced by the defense program...
Exxon's cash squeeze has been intensified by management miscalculations in a series of unsuccessful attempts to diversify. Examples: Exxon spent $857 million during the past five years to develop uranium, copper, lead, zinc and molybdenum mines from Nevada to Papua New Guinea. But the company has lost $383 million on these operations because of the slowdown in nuclear reactor construction and a fall in metal prices. After investing nearly $1 billion in a project in Colorado to develop synthetic fuel from shale, Exxon abruptly suspended the program last spring. Exxon Senior Vice President Jack Bennett says the company...