Cost-Benefit Analysis of Mining & Milling Uranium at the Swanson Site in Pittsylvania County, Virginia

Published by the Tayloe Murphy Institute (TMI), a unit of The Colgate Darden Graduate School of Business Administration, University of Virginia. (TMI was a predecessor organization of the Weldon Cooper Center for Public Service.) Prepared for the Virginia Coal and Energy Commission under the direction of its Uranium Task Force. The study analyzes the costs and benefits associated with proposed uranium mining and milling facility. The study reviews and evaluates information presented in support of the project by the companies proposing a joint development of the site. In addition, the authors provide independent estimates for costs and benefits. Although many quantitative estimates are provided, a large degree of uncertainty exists for others. In such cases, the possible outcomes are discussed qualitatively.

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Beverly H. Capone, Bruce F. Parsell, William T. Smith, II