Russia takes aim at US nuclear power by throttling uranium
Limits creates potential supply risks to utilities operating American reactors that generate almost a fifth of the country’s electricity.
KTWO reports that Cameco plans to hire 70 full time workers for its in-situ Gas Hills project in Wyoming.
Cameco is currently waiting for its environmental assessment from the Bureau of Land Management before it begins work. It expects to receive clearance and begin work by 2013.
Gas Hills is estimated to have total proven reserves of 10.6 million lbs of U3O8.
According to the Bureau of Land Management, the Gas Hills Mining District was one of the major uranium-producing regions in the United States. Much of the surface area near Gas Hills was extensively mined for uranium from the 1950s to the early 1980s.
