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Uranium Energy Corp UEC

Uranium Energy Corp. is a uranium mining company. It advances its In-Situ Recovery (ISR) mining uranium projects in the United States and conventional projects in Canada. It offers two production ready ISR hub and spoke platforms in South Texas and Wyoming. These two production platforms are anchored by operational central processing plants and served by seven U.S. ISR uranium projects. Additionally, it has diversified uranium holdings, including uranium portfolios of North American warehoused U3O8; an equity stake in Uranium Royalty Corp., and a Western Hemisphere pipeline of resource stage uranium projects. The Texas Hub and Spoke Project includes Hobson Central Processing Plant (CPP), Burke Hollow, Goliad, Palangana, and Salvo. The Wyoming Asset Hub and Spoke In-Situ Recovery Project includes Christensen Ranch and Irigaray (Willow Creek), Moore Ranch, Ludeman, Allemand-Ross, and others. It also owns Sweetwater Plant, Red Desert Uranium Project and Green Mountain Uranium Project.


NYSEAM:UEC - Post by User

Post by GSTbay1060on Mar 09, 2024 1:57pm
102 Views
Post# 35924587

Delays and over run

Delays and over runCurrently there is a gold mine in northern Ontario that is nearing the end of its construction phase. With a little research you can find the name as I won't be posting it. The mine is 14 months late and over 2 billion over projected cost.. The same or worse will be happening across the Uranium sector for the hard rock mines.. This is partially due to supply shortages but more over the lack of labour!!! These are the conditions that will hamper development of ANY mine !!! All of the projects that utilities are counting on WILL be late... This situation will only get worse as the labour pool is shrinking.. There has been little interest in the trades.. Young folks want to be brand influencers.. Very few want to get into a cage and drop a mile into the earth to earn a living.. If you think it's bad now, wait a year.
glta
dyodd


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