Skip to main content

Home/ nuke.news/ Group items tagged uri

Rss Feed Group items tagged

Energy Net

Court Continues to Uphold Uranium Resources' NRC License in New Mexico - MarketWatch - 0 views

  •  
    "Uranium Resources, Inc. announced today that the United States Court of Appeals for the Tenth Circuit has denied a petition for a rehearing or en banc review of the court's previous decision that upheld, in all respects, the Nuclear Regulatory Commission (NRC) original decision to grant URI a license to conduct in-situ recovery (ISR) uranium mining in McKinley County, New Mexico.

    On March 8, 2010, the Tenth Circuit denied the original petition by several parties opposed to uranium mining for review of URI's NRC license, which the Commission issued to Hydro Resources, Inc. (HRI), Uranium Resources' wholly-owned subsidiary, in 1998. One of the opposed parties, The Eastern Navajo Dine Against Uranium Mining, subsequently filed a petition requesting a rehearing or en banc review of the March 8 decision. In a May 18, 2010, order, the court denied the rehearing request and indicated that no judges of the court acted on the request for an en banc review. The petitioners now have 90 days from May 18, 2010 to file a petition for writ of certiorari in the United States Supreme Court requesting that Court's review of the Tenth Circuit's decision."
Energy Net

Uranium Resources Terminates Agreement to Acquire New Mexico Properties | Reuters - 0 views

  •  
    Uranium Resources, Inc. (NASDAQ: URRE) (URI) announced today that it has terminated the agreement for the acquisition of certain assets in New Mexico from NZ Uranium, LLC because of the existence of title issues that were not resolved. The Company had previously announced that it had entered into an agreement to acquire the properties subject to the satisfaction of closing conditions, including a title review. The properties were believed to contain about 35 million pounds of uranium mineralized material. Paul K. Willmott, Chairman of the Board, commented, "It is unfortunate that this is the result, but we determined that it would be imprudent to proceed any further." About Uranium Resources, Inc. Uranium Resources Inc. explores for, develops and mines uranium. Since its incorporation in 1977, URI has produced over 8 million pounds of uranium by in-situ recovery (ISR) methods in the state of Texas where the Company currently has ISR mining projects. URI has 183,000 acres of uranium mineral holdings, 101.4 million pounds of in-place mineralized uranium material in New Mexico and an NRC license to produce up to 3 million pounds of uranium. The Company acquired these properties over the past 20 years along with an extensive information database of historic mining logs and analysis.
Energy Net

Victoria Advocate - Uranium: 'Does the benefit outweigh the risk?' - 0 views

  •  
    Pete De La Garza knows uranium mining in his county came with tradeoffs.

    As Kleberg County judge, he feels it is the duty of county officials to oversee the Kingsville Dome operations of Uranium Resources Inc. and to make sure the company fulfills its obligation to restore water quality levels.

    "Checks and balances, that's what it's all about," said De La Garza, from Kingsville.

    County residents have complained about how much money has been spent to fight the uranium company, which has been in the county for more than 20 years. De La Garza admits the county spent more than $1 million.
Energy Net

SEC Info - Uranium Resources Inc Aquires Rio Algom with plans to build a Abrosia Lake N... - 0 views

  •  
    Uranium Resources, Inc. (NASDAQ: URRE) ("URI" or the "Company") announced today that it has entered into a definitive agreement with BHP Billiton to acquire 100% of the ownership of Rio Algom Mining LLC ("Rio Algom"). Under the agreement, URI will pay BHP Billiton $110 million in cash and assume certain retirement benefits and reclamation liabilities of which up to $35 million will be pre-funded at closing. URI will also pay BHP Billiton $16.5 million contingent upon the receipt of a license from the Nuclear Regulatory Commission (NRC) to construct and operate a conventional uranium mill. The transaction is expected to close on or before June 1, 2008 and is subject to customary closing conditions, financing and regulatory approvals.
1 - 4 of 4
Showing 20 items per page