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Ur-Energy Inc T.URE

Alternate Symbol(s):  URG

Ur-Energy Inc. is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. It is focused on uranium recovery and processing operations, in addition to the exploration for and development of uranium mineral properties. Its land portfolio in Wyoming includes 12 projects. 10 of these projects are in the Great Divide Basin (GDB), Wyoming, including its flagship project, Lost Creek Project. It controls nearly 1,800 unpatented mining claims and three State of Wyoming mineral leases for a total of approximately 35,400 acres at its Lost Creek Property, including the Lost Creek permit area and certain adjoining projects which it refers to as LC East, LC West, LC North, LC South and EN project areas (collectively, with the Lost Creek Project, the Lost Creek Property). Its Wyoming properties together total approximately 48,000 acres and include its Shirley Basin Project.


TSX:URE - Post by User

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Post by presto10on Feb 22, 2007 12:10am
500 Views
Post# 12285339

US Nuclear Plants

US Nuclear PlantsHappy to see $85 on the road to $100 plus. US Nuclear Plants' Power Output 2nd Highest Ever Mail this story to a friend | Printer friendly version USA: February 21, 2007 WASHINGTON - The US nuclear industry generated its second-highest amount of electricity ever last year, while also reaching record low production costs, the Nuclear Energy Institute said Tuesday. The industry group said 103 nuclear plants nationwide generated 787.6 billion kilowatt hours of electricity last year, just off the 788.5 billion kwh record set in 2004. At the same time, production costs sank to a record 1.66 cents per kilowatt hour in 2006, despite three years of price increases for uranium, the fuel used in nuclear generation. These are preliminary figures, the institute said, and final numbers are expected in two months. Utilities are increasingly eyeing nuclear energy, which does not create air pollution, as an alternative to electricity generated from burning coal, which emits greenhouse gases linked to global warming. But the public has been wary about relying on nuclear energy since a partial meltdown of a reactor at the Three Mile Island plant in Pennsylvania in 1979. "It's going to take a collaborative effort of all forms of electricity generation, as well as much-improved efficiency, to meet the sizable energy needs that our nation faces," Frank Bowman, the group's president and chief executive, said in a statement. "Still, the exceptional performance achieved at US nuclear power plants in 2006 shows that the nation's future energy security hinges in part upon increased reliance on clean, safe and affordable nuclear energy." Since 1990, electricity production at nuclear plants in the United States has increased 36 percent, the group said. Those plants also supply about 75 percent of emissions-free electricity in the United States. Story by By Lisa Lambert
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