HAMAK: Powertech offers no guarantees
September 22, 2013 4:00 am
The South Dakota Mining Board begins its hearings of foreign-owned Powertech’s large-scale mining permit request to mine uranium in the Black Hills. The board has limited public comment to only two hours, so it’s imperative we exercise our freedom of speech. Public comments start at 10 a.m.
"Promises" on paper by Powertech are not good enough. There is no guarantee that their proposal to mine uranium is safe and if things do go wrong, guess what? You and I (the taxpayers) will be left to pay for the cleanup mess after they are long gone, but our health and environment will pay the biggest price. Oh, and those tourists that the Black Hills region depends on so heavily for its economy? They won’t want to vacation in a toxic waste zone, either.
— Nancy Hamak, Keystone
http://rapidcityjournal.com/news/opinion/mailbag/hamak-powertech-offers-no-guarantees/article_e366e10d-9fac-5eb3-9d2d-8b40a047a9f4.html
The history of Powertech: a company with no mining experience wants to mine uranium here
September 22, 2013 4:16 am •
In fact, the company, which used to build boilers, really only began delving into minerals in 2005 and in its current incarnation as Powertech, has never drilled a well or mined anything.
Opponents of the mine also worry that the company has a shaky financial foundation, and has strong foreign ownership interests that may have no reason to protect the land and water in South Dakota.
The company has spent most of its minerals-related life just preparing to open a mine.
As Powertech's proposed Dewey-Burdock mine south of Rapid City comes up for its first state permit hearing on Monday, the hearing will culminate years of advance planning by the company.
But this will not be the company's first run at the complex and drawn-out approval process for a uranium mine.
A few years back, the company ran into stiff opposition for its proposed Centennial uranium mine near Ft. Collins, Colo. Protesters there raised money and gathered thousands of signatures against the project. State lawmakers stepped in and wrote more restrictive uranium mining regulations — a stark contract to South Dakota's moves to weaken its oversight of the proposed mine.
On top of that, the company faced an unforeseen, and tragic, complication that hurt its Colorado plans.
On March 11, 2011, a tsunami slammed into the coast of Japan and precipitated the meltdown of the Fukushima reactor. As the first major nuclear reactor disaster since the reactor accident at Chernobyl in 1986, it renewed panic over the safety of using uranium-powered reactors for energy.
The uranium markets chilled immediately.
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Targeting South Dakota
Powertech proceeded to announce new prospective projects: the Centennial project in Colorado; four possible projects in Wyoming; and the Dewey-Burdock project, located about 15 miles northwest of Edgemont.
Meanwhile, the company brought on staff members with in situ mining experience.
Richard Clement, a uranium industry veteran, became Powertech's president and chief executive officer. John Mays, who worked at Wyoming's Smith Ranch-Highland mine, became vice president of engineering.
And Powertech hired a uranium mining convert who lived as close as possible to the project's geographical heart: Mark Hollenbeck, a local rancher, former Edgemont mayor and state legislator who grew up in Dewey.
Hollenbeck's introduction to Powertech was showing up with concerns at a local Powertech meeting about the proposed project. After learning more about it and subsequently getting a job offer,
Hollenbeck came on board. He said his position is mainly to make sure the mine will be safe and that locals are treated fairly.
http://rapidcityjournal.com/news/local/the-history-of-powertech-a-company-with-no-mining-experience/article_19de21f1-f26e-5152-8c2f-63133b878f8c.html
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http://rapidcityjournal.com/news/local/the-history-of-powertech-a-company-with-no-mining-experience/article_19de21f1-f26e-5152-8c2f-63133b878f8c.html
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