Uranium Frenzy: Boom and Bust on the Colorado Plateau

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9780393026443: Uranium Frenzy: Boom and Bust on the Colorado Plateau

It was the first and only mineral rush triggered by the U.S. government. It was a story of opportunity and instant millionaires, but only a few were warned about radiation in the mines. Only a few heeded the warning. Photos and maps.

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From Publishers Weekly:

In a perceptive and touching narrative, Ringholz ( The Wilderness Handbook ) recalls that the Federal government in the early 1950s subsidized uranium mining for the coming atomic age. The policy set off a frenzy of prospecting and speculation in Utah and Colorado that resembled an old-time gold rush. Dogged adventurers made, and later lost, millions on a single strike. Big companies bought out small claim holders by the dozens while other investors gambled frantically on uranium "penny stocks." Meanwhile, health experts who detected longterm cancer-causing radiation in the mines and urged safety measures were thwarted by greed, inertia and bureaucratic red tape. Hundreds of miners died; many families received no compensation. Ringholz intrigues the reader with an expert blending of science, adventure, industry mania, finance, human triumph and despairand shameful official neglect.
Copyright 1989 Reed Business Information, Inc.

From Library Journal:

The frenzied search for a reliable domestic source of uranium ore needed by the U.S. Atomic Energy Commission in the 1950s is the subject of Ringholz's breezy narrative, which is populated with colorful characters. When Charlie Steen, a young, penniless geologist, struck it rich with a large find of high-grade uranium ore, the treasure hunt was off in the Colorado deserts. The fortune-seekers included solid prospectors, engineers, and financiers, but also get-rich-quick con artists and promoters of dubious penny uranium stocks. Some became overnight millionaires; many went broke. The real losers were the miners suffering from lung cancer from the deadly radon gas in the mines. This is good popular reading for general collections in public libraries.
- Harry Frumerman, formerly with Hunter Coll . , CUNY
Copyright 1989 Reed Business Information, Inc.

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Raye Carleson Ringholz
Published by W W Norton & Co Inc (1989)
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Ringholz, Raye Carleson
Published by W W Norton & Co Inc (1989)
ISBN 10: 0393026442 ISBN 13: 9780393026443
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