Ur-Energy Plans to Double Size of Lost Creek Uranium Mine in Wyoming
The Denver Post reported that Ur-Energy (TSX:URE) plans to expend its Lost Creek in-situ mine in Wyoming to more than double its current size amid hope that uranium prices will begin to come back.
The Denver Post reported that Ur-Energy (TSX:URE) plans to expand its Lost Creek in-situ mine in Wyoming to more than double its current size amid hope that uranium prices will begin to come back.
As quoted in the market news:
Littleton based Ur-Energy plans to expand its Lost Creek in-situ mine in south-central Wyoming to an area covering about 15 square miles.
Under the plan, production from the site would increase from about 800,000 pounds per year to as much 1.2 million pounds. Total permitted production would increase from 1 million to 2.2 million pounds, which includes up to 1 million tons brought to Lost Creek from elsewhere for processing into yellowcake, a uranium concentrate powder.
The proposed expansion must be approved by the U.S. Bureau of Land Management, which is now taking public comment.
Steve Hatten, Ur-Energy’s vice president of operations, said he expects the expanded portion of the mine to go into operation in a year or two. About 50 people work there.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1836.31 | +5.29 | |
Silver | 21.37 | +0.24 | |
Copper | 3.80 | +0.06 | |
Palladium | 1892.50 | +15.50 | |
Platinum | 919.50 | +8.50 | |
Oil | 108.11 | +0.49 | |
Heating Oil | 4.25 | 0.00 | |
Natural Gas | 6.16 | -0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â