Search Results for: uranium

Japanese Sendai Reactor Restart Boosts Uranium Prospects

(Wyoming Business Report, November 11) – Wyoming’s uranium producers are breathing a sigh of relief this week with the announcement that Japan has cleared the way for a restart of two reactors at the Sendai nuclear plant.Japan used to rely on its 48 nuclear reactors to provide 30 percent of its energy. Then came the earthquake […]

Wyoming Uranium Producers See Signs of Life

(Associated Press, November 4) – Uranium producers in Wyoming are hoping more demand from China, Russia and India will help the beleaguered industry bounce back in a sector has been under pressure since the Fukushima nuclear disaster in Japan in 2011. Analysts say the market has shown signs of life with spot prices around $35 […]

Wyoming Considers Regulating Uranium Industry

(Casper Star Tribune, October 10) – Wyoming legislators aired a draft bill Thursday that would transfer oversight of the local uranium industry to state regulators. The move is the first in a years-long process to obtain what is known as “agreement state status.” The Nuclear Regulatory Commission regulates uranium mining but will transfer oversight to states […]

Uranerz Energy Completes First Sale of Uranium

(Uranerz Energy, September 16) – Uranerz Energy Corporation is pleased to announce its first sale of uranium from the Nichols Ranch ISR Uranium Project located in the Powder River Basin of Wyoming, U.S.A. The Company has sold 75,000 pounds which is a portion of the deliveries Uranerz is expecting to make this year pursuant to long-term contracts it has with its nuclear utility […]

Uranerz Makes First Uranium Delivery

(Uranerz Energy Corporation, September 3) – Uranerz Energy Corporation is pleased to announce that it has delivered its first drums of uranium (as U3 O8 ) produced from its wholly-owned Nichols Ranch ISR Uranium Project in the Powder River Basin of Wyoming, U.S.A. The shipment of approximately 36,000 pounds was received at ConverDyn’s Metropolis Works Facility, located in Metropolis, Illinois, for subsequent transfer to one […]

Ur-Energy: 8.8M Pounds of Uranium at Wyoming Site

(Associated Press, July 28) – A Colorado mining company says it has identified more than 8.8 million pounds of uranium at a site it recently acquired in Wyoming’s Shirley Basin. Ur-Energy of Englewood, Colorado, said the uranium is at an average depth of 312 feet. Ur-Energy Vice President of Geology Jim Bonner said the uranium is […]

Wyoming Uranium Producers, Buffeted by Low Prices, Remain Optimistic

(Casper Star Tribune, May 29) – Wyoming uranium producers, buffeted by the lowest spot prices in almost a decade, expressed optimism this week that the industry will survive a recent market downturn, saying their low-cost operations and the expected revival of the Japanese nuclear market will see them through the economic maelstrom. Spot prices on yellowcake […]

PRB Uranium Mine Plans Expansion

(Wyoming Business Report, May 21) –  Casper-based uranium mining company Uranerz Energy Corp. said this morning it hopes to expand the permit area for its Nichols Ranch in-situ recovery mine by what appears to be well over triple the area. The company said it wants to add what it calls the Jane Dough permit area to […]

Uranium Mine Reports on First Partial Production Year

(Wyoming Business Report, March 20) – Prices to produce yellowcake, or U308, at Wyoming’s newest producing in-situ uranium mine hovered dangerously close to spot prices during the company’s first year of production, but a company official said it’s a lot better than it looks on paper. Luckily for Casper-based Ur-Energy, which operates the Lost Creek mine […]

Lance Uranium Project Moves Forward

(Wyoming Business Report, March 4) – Yet another in-situ uranium mine is getting closer to operation with the receipt of its final supplemental environmental impact statement from the U.S. Nuclear Regulatory Commission. Peninsula Energy Limited, an Australia-based company operating as Strata Energy Inc. in Wyoming, announced the news today, saying its final red light should […]