Company to dig for uranium in southeast Missouri

Monday, October 13, 2008 | 3:38 p.m. CDT

MISSISSIPPI COUNTY — Officials in southeast Missouri's Mississippi County are hopeful that efforts to mine uranium could provide a badly needed boost to the economy.

Colorado-based Water Research and Development plans to dig 500 to 1,300 feet into the ground on farm land in search of uranium. Founder John Gustavson says the company plans to spend about $1 million on exploration in the next 12 months and an additional $4 million in the year after that.

If uranium is found, deposits would be recovered by injecting water and forcing it back up through wells. The end result is a uranium powder that is used in the preparation of fuel for nuclear reactors.

Landowners would receive 4 percent of the proceeds.


Like what you see here? Become a member.

Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.