BLR 0.00% 0.2¢ black range minerals limited

right time right country right now

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    This was taken from a report done in 1996.Yes ten years ago.I would suggest that my thread heading could not be more spot on.A long time frame is no longer a consideration blr will have theses projects fast tracked because the uranium market will dictate it.




    USA:

    According to the report by the Uranium Institute, perhaps the most significant indication of a changing attitude toward the production of uranium is occurring in the United States. While in 1994 the U.S. only produced 1,400 tU, it produced 2,360 tU in 1995. This represents a 69% increase in production in one year. This turnaround follows years in which the industry in the U.S. has been in steep decline.

    The Uranium Resources Inc. (URI) is considering expansion plans that would triple its production capacity over a five-year period. The URI announced that its plan to increase the company's production in south Texas from approximately 770 tU per year to just over 1,150 tU per year was well underway and that the company was pursuing licenses and permits to begin production of 385 tU per year in New Mexico in the first half of 1998. The URI has also started production at its Kingsville Dome ISL (in situ leaching) facility. The URI is not, however, alone in expanding uranium production in the United States. The others include, but are not limited to, the following:

    * Cotter Corp. plans to restart the Schwartzwalder mine in Colorado in 1997 and is in the process of getting permits to begin production in the year 2000 at its Charlie property in Powder Basin;
    * U.S. Energy plans to restart production at Ticaboo, Utah, in 1997;
    * Rio Algom has announced that U.S.$43 million would be spent to develop its Smith Ranch project in Wyoming so that the facility would be able to produce nearly 770 tU of uranium per year;
    * IMC-Agrico is reported to be looking into restarting byproduct uranium production from its New Wales, Florida, facility early in 1997; and
    * Plateau Resources is planning to bring the Shootaring uranium mill in Utah back into operation after 14 years on stand-by. Plateau Resources hopes to bring the mill, which was last operated in 1982, into production by the fourth quarter of 1996.
 
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