PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: StockInterview.com

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Uranerz Energy Plans to Mine Wyoming Uranium by 2010 - Uranerz Energy is the only pure uranium company trading on the American Stock Exchange. CEO Glenn Catchpole told StockInterview the company plans to begin mining by 2010 and annually produce 1 million pounds of uranium oxide (U3O8) by 2012.
Uranerz Energy Plans to Mine Wyoming Uranium by 2010

 

NewswireToday - /newswire/ - Sarasota, FL, United States, 2006/10/25 - Uranerz Energy is the only pure uranium company trading on the American Stock Exchange. CEO Glenn Catchpole told StockInterview the company plans to begin mining by 2010 and annually produce 1 million pounds of uranium oxide (U3O8) by 2012..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Glenn Catchpole told StockInterview.com that Uranerz Energy should start mining uranium in Wyoming by 2010, “We are out somewhere between three and four years before can start putting uranium in the can.” As the only pure uranium exploration company trading on the American Stock Exchange (Symbol: URZ), Uranerz executives are confident they will actually have uranium to mine.

“We can make comparisons our mineralization is in the same sand system as Cogema’s, which is four miles from us,” Catchpole said. “It is also the same formation as the North Butte project that Cameco has north of our Hank property.” Those uranium projects are located in Wyoming ’s Powder River Basin , where more than one-half of all U.S. uranium mining presently takes place.

Catchpole and his chief operating officer previously worked with an earlier incarnation of German-owned Uranerz and then Cameco mining uranium through the in situ recovery (ISR) method. The environmentally friendly method of mining uranium offers a fraction of the uranium grades found in Canada ’s Athabasca Basin , where more than one-quarter of the world’s uranium is mined. “We worked and mined in this same area,” Catchpole explained. “So we are very comfortable that we have mineable property.”

Uranerz is in the process of permitting two Wyoming properties. Permitting a property through the environmental regulations takes about one year. Regulatory agencies take between one and two years to process a permitting application. Wyoming ’s Department of Environmental Quality also requires a company to post a $20 million bond. That’s on top of construction costs which run up to $30 million.

“We have got several acquisition efforts pending, but we can’t guarantee they are going to come to fruition,” Catchpole told StockInterview, discussing his company’s growth strategy. “Depending upon what happens to these acquisition efforts, we will be talking about bringing one, possibly two more, projects into our development strategy next year.”

Today’s featured interview with Uranerz Energy Chief Executive Glenn Catchpole appears on the financial news website.

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.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: StockInterview.com

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


Uranerz Energy Plans to Mine Wyoming Uranium by 2010

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Julie Ickes 
941-929-1640 editor[.]stockinterview.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any StockInterview.com securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From StockInterview.com / Company Profile


Read Energy Most Recent Related Newswires:

Enel Starts Construction of Ayanunga Hydro Plant in Peru
Sundance Square and Green Mountain Energy Announce Extended Clean Energy Partnership
Enel Signs Tax Equity Agreement for 300 MW Red Dirt Wind Project in the USA
GE’s Hornet Voltage Regulators Set to Swarm the Industrial Power Sector
Voith to Modernize Welsh Pumped Storage Plant Ffestiniog
GE Digital Production Manager MES Software Optimizes Paperless Manufacturing for Heavy Industrial Companies
Frost & Sullivan North America Summit to Provide Framework for Driving Oil & Gas into the Digital Age
aps Brings Battery Storage to Rural Arizona
High Growth Expected for Modular, Battery-based Energy Storage Systems as Utilities Target Energy Goals Finds Frost & Sullivan
Enel Group Completes Acquisition of Leading US-based Provider of Smart Energy Management Services EnerNOC
GE Signs 12-Year Agreement to Boost Help Reliability and Profitability at Daya Bay Nuclear Power Base in China
ABB Wins $30 Million Order to Strengthen Power Infrastructure in Iraq
New AREVA Signs A MOX Fuel Fabrication Contract with Japan
New AREVA’s EOS Dry Storage System Approved for Highest Heat-load Used Nuclear Fuel
ENGIE Leader of the 4th French Energy Regulatory Commission Solar Bidding with Nearly 100 MW Projects Awarded

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)