NewswireToday - /newswire/ -
Sarasota, FL, United States, 2006/12/04 - StockInterview launches its Online Audio Interview Series with Strathmore Minerals President David Miller, who discusses the company's recent land purchase for the purpose of building the first new U.S. uranium mill in more than two decades..
Strathmore Minerals President David R. Miller told Stockinterview.com, in an online audio interview, “There has to be a new (uranium) mill in New Mexico to revitalize conventional mining. We have a number of properties conducive to underground mining. The key component will be this centrally located mill in the middle of the (Grants Uranium) district.”
Miller explained that prior to the twenty-year uranium depression Grants, New Mexico was the center of the uranium world, producing up to 40 percent of all uranium mined in the United States. He pointed out that Kerr McGee’s 7000-ton/day mill was one of the largest in the world. According to Miller, Strathmore plans a uranium mill “as small as 2000 tons/day or as large as 5000 tons/day, depending upon whether or not we take on partners.”
He said Strathmore Minerals was planning to start environmental studies to “quantify the land.” Miller explained, “If it is suitable, we’ll continue with the process until we receive a permit to build a mill there.” He added that Strathmore Mineral’s Roca Honda property in New Mexico would provide the primary feed to the mill. The previous property owner, Kerr-McGee, had planned to feed the company’s 7000-ton-day mill with the uranium from Roca Honda.
Miller’s comments appeared during the launch of StockInterview.com’s Online Audio Interview Series. His interview is approximately six minutes. This was the fourth interview posted in the audio series.
Stockinterview.com is an online news service, which provides investigative reporting, editorial, analysis and commentary of the nuclear fuel cycle, uranium mining, nuclear power, the environment and the natural resource industry.
For more information on StockInterview’s 304-page trade softcover edition of “Investing in the Great Uranium Bull Market,” for which David Miller is also a senior contributing editor, please visit our website.