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As Uranium Firms Eye New Mexico, Navajos Are WaryAMBROSIA LAKE, N.M. -- Twenty years after uranium mining ceased in New Mexico amid plummeting prices for the ore, global warming and the soaring cost of oil are renewing interest in nuclear power -- and in the state's uranium belt. At least five companies are seeking state permits to mine the uranium reserves, estimated at 500 million pounds or more, and Uranium Resources Inc. (URI), a Texas-based company, wants to reopen a uranium mill in Ambrosia Lake. | |
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