Fuel Briefs

摘要

Production at the pinenut mine will continue into 2015, Energy Fuels announced on April 23. The company had previously announced that it expected production to be placed on standby by mid-2014. "The company now expects to continue mining at Pinenut through 2014 and into the first quarter of 2015, at which point the economic uranium resource is expected to be depleted, subject to the potential discovery of additional resources through planned underground exploration," Energy Fuels said. The Pinenut mine is located in northern Arizona. Ore mined before mid-2014 will be milled at the company's White Mesa mill, while ore mined from mid-2014 on will be stockpiled at Pinenut until market conditions improve, the company said. Energy Fuels expects to mine approximately 250,000 Ib of additional U_3O_8 from mid-2014 to the first quarter of 2015.