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Uranerz Energy: Progressing Towards Uranium Production

  Broadcast in Business

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Uranerz CEO Glenn Catchpole has been in the uranium mining industry since the 1970's specializing in the in-situ recovery method.  He helped build Uranerz Energy from a start up uranium exploration company in 2005 into a near term ISR producer.  The Uranerz Nichols Ranch Project in the Powder River Basin is currently under construction and fully permitted.  Start up is estimated towards the end of 2013. 
 
Recently the state of Wyoming approved a non-dilutive $20 million loan with excellent terms.  The state of Wyoming has been producing Wyoming since 1958 and is extremely committed to the uranium mining industry.  Wyoming supports and encourages mining through low cost, non-dilutive loans.  
 
Uranerz is advancing towards production with an estimated goal of start up at the end of 2013.  With the recent loan Uranerz can move forward into becoming the next US uranium producer.
 
Disclosure: Author or Interviewer Owns Uranerz and the company is a sponsor on his website.
Tags:
uranerz energy
uranium miners
nuclear power
Mining stocks
powder river basin
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