Uranium well heads operated by Strata Energy pepper the landscape Monday, May 22, 2023 in Oshoto. Uranium Energy Corp. has announced that it will resume operations at its mine and processing plant in southern Johnson County in August. BUFFALO — Uranium Energy Corp. has announced that it will resume operations at its mine and processing plant in southern Johnson County in August.
The company and its board have been waiting for a consistent uranium market to commit to production, though it’s been preparing for operations to start since at least October, the vice president for Wyoming operations, Donna Wichers, previously told the Bulletin. That includes some hiring, drilling and casing new wells.
Wichers said in October that a stable price of more than $60 per pound for three to four months would be enough to make production a viable venture for the company. As of last week, uranium was $106 a […]
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