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    Peninsula Energy to Begin Uranium Project in Wyoming

    Investing News Network
    Apr. 09, 2012 02:50PM PST
    Energy Investing

    Canadian Business reported Peninsula Energy (ASX:PEN) is planning to begin building a uranium mine and processing plant in northeastern Wyoming.

    Canadian Business reported Peninsula Energy (ASX:PEN) is planning to begin building a uranium mine and processing plant in northeastern Wyoming.

    As quoted int he market news:

    Peninsula Energy says the plant near Moorcroft would be able to process up to 3 million pounds of the uranium oxide known as yellowcake each year.

    However, the Casper Star-Tribune reported Monday that Peninsula Energy still needs to get several more key permits before it can begin construction. They include a source material license from the U.S. Nuclear Regulatory Commission and a mine permit from the Wyoming Department of Environmental Quality.

    Click here to read the full Canadian Business report.

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