Demand for uranium cited as reason for reopening of mine, company says project to create 50 local jobs
Ur-Energy Inc., a large uranium mining company in North America, is reopening Shirley Basin Mine in Carbon County for the purpose of pumping out uranium.
A different owner had operated Shirley Basin Mine until closing it in 1992.
“Ur-Energy purchased the assets of Pathfinder Mines Corp in 2013, including the Shirley Basin Project, because of the high quality of the remaining mineralization,” said John Cash, CEO and president of Ur-Energy Inc. “The uranium price was too low in 2013 to support production, but the price has increased dramatically over the last two years due to geopolitical instab...
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