uranium hearing

News
8:27 am
Wed May 15, 2013

Wyoming may have missed the Uranium boom

The uranium market is slowing after a brief boom in the years after 2005. Increasing costs for the industry and uncertainty are making operators reconsider projects.

Cameco Resources’ President Paul Goranson told the legislature’s Joint Minerals, Business and Economic Development Interim Committee that Cameco will now aim to increase production to about 36 million pounds of yellowcake by 2018…rather than the previously announced 40 million pounds.

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