Uranerz Energy Corp. (TSX:URZ,NYSEMKT:URZ) announced its financial results for the second quarter of 2014, commenting that it recorded a net loss of $4,454,859, up from $3,193,666 in the year-ago quarter.
Uranerz Energy Corp. (TSX:URZ,NYSEMKT:URZ) announced its financial results for the second quarter of 2014, commenting that it recorded a net loss of $4,454,859, up from $3,193,666 in the year-ago quarter.
Operating expenses incurred came to $4,227,969; that amount includes “mine development costs incurred for the Nichols Ranch project totaling $1,965,480.” The company’s working capital came to $2,090,823 at the end of the quarter.
Other highlights include:
During the second quarter of 2014 the Company commenced production of uranium concentrates at its wholly-owned Nichols Ranch mining unit located in the Powder River Basin of Wyoming, U.S.A. Following a period of commissioning and startup activities Uranerz began mining at the end of May producing approximately 20,000 pounds of uranium concentrate. Inventory is being accumulated for first sales in the latter part of the third quarter 2014. It is expected that the recently constructed Nichols Ranch processing facility will serve as a platform for the potential future development of the Company’s other Powder River Basin uranium properties allowing enhanced economics for adjacent and satellite projects.
Click here to read the full Uranerz Energy Corp. (TSX:URZ,NYSEMKT:URZ) press release.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1816.14 | -2.43 | |
Silver | 20.75 | -0.07 | |
Copper | 3.78 | 0.00 | |
Palladium | 1963.00 | +94.00 | |
Platinum | 916.00 | +6.00 | |
Oil | 111.12 | -0.64 | |
Heating Oil | 4.03 | -0.09 | |
Natural Gas | 6.54 | -0.03 |
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