https://newsletter.mw.creamermedia.com
Energy|Nuclear|PROJECT|Projects|Operations
Energy|Nuclear|PROJECT|Projects|Operations
energy|nuclear|project|projects|operations

Peninsula establishes new US uranium project

The Dagger project is located about 20 km from the Lance facility in Wyoming, US.

The Dagger project is located about 20 km from the Lance facility in Wyoming, US.

23rd October 2023

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Uranium developer Peninsula Energy has established a new uranium development project, the Dagger project, which boasts an initial mineral resource estimate of 6.9-million pounds of uranium oxide.

The Dagger project is about 20 km northeast of the company’s flagship Lance facilities in Wyoming, US.

MD and CEO Wayne Heili said on Monday that Dagger provided Peninsula with an exciting opportunity to further increase the size and scale of its already sizeable mineral resource inventory.

“Dagger perfectly complements the Lance projects, which once in production, will be one of the largest uranium in-situ recovery operations in the United States. The establishment of the highly prospective Dagger Project adds greater depth and expansion optionality to our growing company.”

“This strategic development comes at an opportune time with the United States government looking to take meaningful action to reinvigorate its domestic uranium production and nuclear fuel cycle capacity, whilst the company continues preparing for the resumption of commercial production at our US-based Lance projects by late 2024," said Heili.

Dagger provides the opportunity to develop a satellite production operation near Lance.

Edited by Creamer Media Reporter

Comments

 

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Minerals Council South Africa CEO Mzila Mthenjane
Minerals Council optimistic about ongoing MPRDA review
13th December 2024 By: Marleny Arnoldi
Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.13 0.203s - 127pq - 2rq
Subscribe Now