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DE
Dems Probe Uranium Company For Insider Trading Tied To Bears Ears
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SEJ Headlines
"Lawmakers say they want to know if Energy Fuels’ executives knew about President Donald Trump’s plan to shrink the monument.
Energy Fuels says its executives did nothing wrong and the boundary changes won’t benefit the company."
"House Democrats are investigating whether executives at a uranium company operating in Utah engaged in possible insider trading by making investments days before President Donald Trump opened a nearby national monument to mining.
Bhappu bought 74,000 shares of Energy Fuels on July 7, while Bruce Hansen, the company’s chair of the board, bought 4,000 shares of stock a day later, according to the letter.
Trump on July 13 signed orders reducing the size of Bears Ears by more than 90 percent, opening nearly 3 million acres of public land — and uranium-rich areas of the San Juan Basin — to mining."