Business

Aug 6, 2013 5:11 PM by Juice Godfrey

Uranium mining begins at Lost Creek in SW Wyoming

RAWLINS, Wyo. (AP) - Uranium is being mined at a new facility in southwestern Wyoming.

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

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

Ur-Energy says 60 people are currently working at the mine and there are plans to add 40 contract workers. It 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.

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