DENVER
01/12/2011 05:12 am ET Updated May 25, 2011

Powertech Corp., Canadian Uranium Miner, Files Lawsuit Over New State Regulations

A Canadian company with plans for an enormous uranium mine in Weld County filed suit earlier this week claiming new state mining rules are "unreasonable, arbitrary, capricious and otherwise contrary to law."

The lawsuit, filed Monday in Denver District Court by Powertech Inc., names the Colorado Mined Land Reclamation Board and Mike King, executive director of the Colorado Department of Natural Resources, as defendants.

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