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First uranium production at Christensen Ranch is expected in August after Uranium Energy Corp's board of directors approved restarting the fully permitted and past-producing in-situ leach operation - the output will be sold at prevailing spot market prices.
Uranium Energy Corp. (AMEX: UEC) shares are trading higher on Tuesday after the company announced that it will restart its uranium production at its Christensen Ranch In-Situ Recovery operations in Wyoming.
Peninsula Energy says it expects to commence uranium production at its flagship uranium project in Wyoming at the end of 2024 under a newly released revised Life-of-Mine plan which features a new on-site recovery plant.
Uranium Energy Corp. (UEC) recently acquired all of the issued and outstanding shares of Uranium One Americas (U1A), Inc. for a total purchase price of $112 million in cash together with an additional $2.9 million in estimated working capital (primarily pre-paid insurance and land payments) and the assumption of $19.