(National Park Service) FLAGSTAFF, Ariz. (AP) – A federal appeals court on Feb. 22 ruled against environmental groups and an Arizona tribe in their bid to keep a uranium mine south of the Grand Canyon from operating.
The Pinyon Plain Mine, formerly known as the Canyon Mine, lies within a roughly 1,562-square-mile (4,045-square-kilometer) area that was placed off-limits to new mining claims in the Obama administration. But it doesn’t keep Energy Fuels Resources from developing its claims on U.S. Forest Service land because they were grandfathered in.
Three environmental groups and the Havasupai Tribe sued the Forest Service , arguing the agency should not have ignored costs that cannot be recovered when determining whether Pinyon Plain could be profitable.
A three-judge panel of the 9th U.S. Circuit Court of Appeals disagreed, upholding a lower court’s decision."It is a basic principle of economics that sunk costs should be ignored when making a rational […]
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