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News Breaks
October 5, 2012
14:43 EDTURGUR-Energy receives approval from BLM for plan of operation for Lost Creek
Ur-Energy announced the receipt of the Record of Decision from the Bureau of Land Management approving the Plan of Operations for the company's Lost Creek uranium in-situ recovery project in Wyoming. The ROD represents the final regulatory step needed by the company to initiate construction and production operations at the project site. The company said facility construction will start this month at the Lost Creek Project site. During the next six to nine months, the company will invest $30M-$40M dollars in the project, located in Sweetwater County, Wyoming. First production from Lost Creek is forecast for early summer of 2013. The project is currently expected to produce more than seven million pounds of uranium yellowcake at a designed rate of one million pounds per year.
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November 10, 2014
15:21 EDTURGCowen to hold a conference
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11:12 EDTURGUranium stocks rally after Japan approves reactor restart
Stocks of companies involved with the production, exploration and extraction of uranium are higher after the Kagoshima prefecture approved the restart of the Sendai nuclear power plant in Satsumasendai, Japan. The restart, which is slated to happen next year, will be the first restart since the meltdown at the Fukushima facility in 2011. WHAT'S NOTABLE. According to a BBC report, before the Fukushima incident 30% of Japan's power was nuclear-generated. Japan's Prime Minister Shinzo Abe has argued that the nuclear shutdown is hurting Japan's economy, as it has forced Japan to import expensive fossil fuels to make up the power shortfall. STOCKS TO WATCH. Shares rising following the news include Denison Mines (DNN), which is up over 6%, Uranerz Energy(URZ), up 14%, Cameco (CCJ), up almost 2%, UR-Energy (URG), up almost 14%, Uranium Energy (UEC), up 7%, Energy Fuels (UUUU), up 11% and Uranium Resources (URRE), which is up 19% in late morning trading.

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