GOLD 1303.85 $/ozChange: 4.97
PLATINUM 1488.50 $/ozChange: 15.00
R/$ exchange 10.56Change: -0.03
R/€ exchange 14.19Change: -0.01
 
We have detected that the browser you are using is no longer supported. As a result, some content may not display correctly.
We suggest that you upgrade to the latest version of any of the following browsers:
         
close notification
powered by
Advanced Search
 
 
 
Home
 
Breaking News
 
 
URANIUM
 
Colorado clears way for new licence decision on Pinon Ridge mill
PRINT
 
 
Embed Code Close
content
 
1st March 2013
TEXT SIZE
Text Smaller Disabled Text Bigger
 

TORONTO (miningweekly.com) – Toronto-quoted Energy Fuel on Friday said the executive director of Colorado’s Health and Environment Department affirmed a previous decision in an administrative process required for the reissuance of a radioactive materials licence for the company's Pinon Ridge mill.

On January 15, a hearing officer concluded that the November 2012 administrative hearing on the Pinon Ridge mill, held to augment the administrative record, fully satisfied the requirements of Colorado law.

A group of nongovernment organisations appealed the hearing officer's decision.

Executive director Dr Chris Urbina's decision on Friday denied the appeal, paving the way for a new licence decision.

A licence for the Pinon Ridge mill was issued in March 2011, but was set aside pending the completion of the November 2012 administrative hearing.

Energy Fuels expected a new licence decision on the Pinon Ridge mill by the end of April.

The company also operates the White Mesa uranium mill.

In January, uranium project developer Laramide Resources struck a two-year agreement with Energy Fuels to process material from its fully owned La Sal II uranium mine, in Utah, to process up to 20 000 t at its White Mesa mill during a test phase.

Energy Fuels’ TSX-listed shares traded at 15.5 Canadian cents apiece on Friday.

Edited by: Creamer Media Reporter

 

To subscribe to Mining Weekly's print magazine email subscriptions@creamermedia.co.za or buy now.

FULL Access to Mining Weekly and Engineering News - Subscribe Now!
Subscribe Now Login
 
 
 
Picture by: Bloomberg