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Uranium Resources, Inc. (NASDAQ:URRE) reported an update on the company’s finances and activities for 2012.
Uranium Resources, Inc. (NASDAQ:URRE) reported an update on the company’s finances and activities for 2012.
As quoted in the press release:
URI has through its history produced over 8 million pounds of uranium from its South Texas properties. Although not currently in production due to the pricing environment, the Company has been developing and executing on plans to be in a ready position for production when economically feasible. At this time, URI expects 2012 to be focused on a variety of development activities, but does not anticipate producing from its Texas properties during the year.
URI’s President and CEO, Don Ewigleben said:
We achieved several objectives during 2011, and we have continued to make excellent strides as we move into 2012.