Energy

Ur-Energy gets Wyoming permit to build ISR uranium mine

October 24, 2011

The Wyoming Department of Environmental Quality (WDEQ) has issued a Permit to Mine for the Lost Creek in-situ recovery uranium project in Sweetwater County, Ur Energy Inc. said this morning. The State permit authorizes Ur-Energy to construct and operate the Lost Creek ISR uranium mine facilities, including the first mine unit. “Receiving the State...

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Peabody Energy’s former Big Sky mine honored for environmental excellence

October 18, 2011

Peabody Energy today earned the 2011 Director’s Award from the U.S. Department of the Interior for outstanding achievement in land and habitat restoration at the company’s former Big Sky mine in Colstrip, Mont. Interior’s highest honor, the Director’s Award is presented each year to one coal producer for demonstrating the best environmental practices in the...

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URI’s license for in-situ uranium recovery in New Mexico is reactivated

October 18, 2011

Uranium Resources Inc. said today that the Nuclear Regulatory Commission reactivated its Source Materials License to conduct in-situ recovery uranium mining in McKinley County, N.M. The license, which was originally issued in 1998 to Hydro Resources Inc., Uranium Resources’ wholly-owned subsidiary, has been in timely renewal status since 2003. The reactivation effectively enables the use...

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Powder River Basin coal being used ever further afield

October 5, 2011
Powder River Basin coal being used ever further afield

Came across this graph recently in a presentation by Gillette-based Cloud Peak Energy Inc., which bills itself as the only pure-play Powder River Basin coal miner. It shows just how far coal from the PRB of eastern Wyoming and Montana is being used — as far as western New York and Georgia. That doesn’t even...

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What are future uses for rare earths? Molycorp investment provides some instruction

September 14, 2011
What are future uses for rare earths? Molycorp investment provides some instruction

We constantly hear about future high-tech demand for rare earths. But what exactly are they, and do they go beyond a few parts per million in cell phone screens? An announcement yesterday by Molycorp Inc., the nation’s only producer of rare earths and the single producer outside China that currently seems to be a...

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Cameco moves toward doubling its uranium production with boost at Inkai

September 1, 2011
Cameco moves toward doubling its uranium production with boost at Inkai

As Cameco Corp. begins its campaign to double its uranium production to 40 million annual pounds by 2018, it starts at one of its low-cost operations, the Inkai in-situ property in Kazakhstan. The Saskatoon-based production said last evening it has signed a memorandum of agreement with its partner, Kazatomprom, to increase annual uranium production at...

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Crosshair making hostile offer for AusAm’s U.S. uranium properties

August 29, 2011
Crosshair making hostile offer for AusAm’s U.S. uranium properties

Crosshair Exploration & Mining Corp. said Sunday it had delivered a proposal to Australian American Mining Corp. Ltd. for its uranium assets in New Mexico, Texas and Nevada for $12.85 million in Crosshair shares. Vancouver-based Crosshair said that to date, the AusAm board “has failed to meaningfully engage with Crosshair in a substantive discussion” about...

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Real energy projects continue to take shape around the world

September 8, 2009
Real energy projects continue to take shape around the world

There were two pieces of news on the wire today about energy projects whose combined value exceeded $80 billion, two of the largest such projects in history. And of no surprise to anyone halfway savvy, neither of them had anything to do with “green” or renewable energy. These two stories came hard on the...

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Oil sands giants Suncor and Petro-Canada agree to merge

March 23, 2009
Oil sands giants Suncor and Petro-Canada agree to merge

Suncor Energy Inc. and Petro-Canada, both major players in oil sands mining and refining, said today they have agreed to merge. The combined company, with about $C63 billion in combined assets, will operate as Suncor, but will maintain the Petro-Canada name is refined products. “This merger creates a made-in-Canada energy leader with the assets,...

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Denison Mines shutting down some uranium operations in U.S. West

March 19, 2009
Denison Mines shutting down some uranium operations in U.S. West

A continued downturn in the uranium market is forcing Denison Mines Corp. to suspend operations at some of its properties in the Western United States, it said yesterday in releasing its 2008 earnings.  The company reported losing $80.6 million last year. Denison has five mines operating on the Colorado Plateau: the Sunday, Pandora, West...

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