Energy Fuels hires uranium expert as new COO
Chalmers will join the management team in July, overseeing all of the company's uranium production operations.
Company
Energy Fuels Inc.
TSE:EFR
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The Company also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of rare earth element ("REE") carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America's key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery ("ISR") Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, as well as REE carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development.
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Energy Fuels still a "buy" and set to reap uranium rally rewards says Lundin
Energy Fuels shares advanced by more than 2% on Tuesday after analyst Brien Lundin restated his "buy" recommendation on the stock and said the company will perform well once the uranium market rallies
Energy Fuels Inc looks up for 2016 and agrees new acquisitions
A series of quick-fire investor updates predict an upturn in operations through 2016, and unveil deals that could see a significant expansion should uranium prices recover.
Energy Fuels completes elution circuit at Nichols Ranch
The new elution circuit is expected to significantly lower the company's future costs of production on a per pound basis
Energy Fuels 'buy' recommendation reiterated by Gold Newsletter
Now even more focused on uranium following recent asset disposals, the stock is "still very much a buy".
Energy Fuels directors increase shareholdings
Energy fuels chief executive, who bought shares, says there is substantial confidence at the company as it heads into 2016.
Energy Fuels offloads non-core assets to enCore Energy
Energy Fuels will become enCore's largest shareholder, with representation on the board
Energy Fuels' share price rallies after reassuring statement
The share price of the uranium miner has lost one quarter of its value since it released solid results on 5 November.
Cantor commends Energy Fuels’ changes at Nichols Ranch
Cantor Fitzgerald is suitably impressed with recent developments at Energy Fuels and its Nichols Ranch project, in Wyoming. Energy Fuels, which recently decided to take processing ‘in-house’ at Nichols Ranch, should now as a result achieve
Energy Fuels maintains operational flexibility and strong balance sheet, delivering a healthy gross profit in the second quarter of 2015
EF believes it has sufficient cash and resources to carry out its business plan beyond calendar year 2015 and as of June 30, 2015, the Company had $41.59 million of working capital
Energy Fuels maintains operational flexibility and strong balance sheet, delivering a healthy gross
EF believes it has sufficient cash and resources to carry out its business plan beyond calendar year 2015 and as of June 30, 2015, the Company had $41.59 million of working capital, including cash and cash equivalents of $20.76 million and
Energy Fuels Achieves Significant Permitting Milestone on its Sheep Mountain Uranium Project
A preliminary feasibility study from April 2012 suggests that Sheep Mountain contains 30.3 million pounds of uranium contained in 12.9 million tons of Indicated Mineral Resources with an average grade of 0.117% eU3O8. The PFS estimates that
Energy Fuels sees increasing production at newly acquired Nichols Ranch ISR Uranium Project
The Company added that construction of a sixth header house would start at Nichols Ranch in August 2015, along with approximately 60 associated wells, which should go into production in the fourth quarter of this year. The delineation drill
In shareholder letter, CEO predicts a bright future for Energy Fuels Inc., the newest integrated con
The new Energy Fuels has become stronger by lowering costs and expanding its uranium sales contract portfolio, making the combined entity more competitive on the U.S. and global uranium sales marketplace “with over 2 million pounds of deliv
Denison Mines intends to acquire Fission Uranium for C$483 million
The combined company will be named Denison Energy, boasting a market capitalization of approximately C$900 million
Energy Fuels added to Russell 3000 Index
As a member, Energy Fuels has also been added to the Russell 2000 index, which measures the performance of the small-cap segment of the U.S. equity universe. Approximately $5.7 trillion in assets are benchmarked to the Russell’s U.S. indexe
Energy Fuels to be included in Russell 3000 Index
The Russell 3000 index, part of global index provider FTSE Russell, measures the performance of the largest three-thousand companies in the U.S. equity market. As a member, Energy Fuels will also join the Russell 2000 index, which measures
Energy Fuels’ completes acquisition of Uranerz Energy
Shareholders of both Energy Fuels and Uranerz approved the transaction at their respective meetings on June 18, 2015, and the deal closed later that same day after the US Nuclear Regulatory Commission granted its consent to the transaction.