Colo.-based Ur-Energy begins mining uranium at Lost Creek mine in southwestern Wyoming

August 6, 2013 at 5:25PM

RAWLINS, Wyo. — Wyoming's newest uranium mine is up and running.

Littleton, Colo.-based Ur-Energy Inc. announced Tuesday that production at its Lost Creek mine in southwestern Wyoming began Friday after it received a final approval from the U.S. Nuclear Regulatory Commission.

The mine has been in the works for eight years. The opening comes three months after Cheyenne-based Cameco Resources opened the North Butte uranium mine in Campbell County.

Sixty full-time employees are working at Lost Creek, and there are plans to add 40 contract workers. Ur-Energy says it has long-term contracts to sell the uranium to several U.S.-based nuclear utility companies.

Wyoming produces more uranium than any other state — about 1.6 million pounds a year, or close to one-third of all U.S. production.

Casper-based Uranerz Energy Corp. also plans to open a new uranium mine in Wyoming.

Cameco, a subsidiary of one of the world's largest uranium producers, also intends to add three satellite mines in the area of its Crow Butte Mine near Crawford in western Nebraska. In Wyoming, it plans to develop another satellite mine near Smith Ranch-Highlands and a new mine in the Gas Hills area about 60 miles west of Casper.

about the writer

about the writer

More from Business

See More
card image
Fairview Health Services

The school is changing an elective course while still working with the Eden Prairie-based health care giant after students raised concerns.

This transmission electron microscope image shows SARS-CoV-2, the virus that causes COVID-19, isolated from a patient in the U.S., emerging from the surface of cells cultured in the lab. (NIAID/TNS) ORG XMIT: 1659810
card image