The Key to New Mexico Uranium: A State of the Art Mill

"The key to Grants, New Mexico is a state-of-the-art factory," said Laramide's Marc Henderson. All the politicians agreed. "It will be a real boon for New Mexico," said New Mexico legislator John A. Heaton. "Mining is one of our basic industries in New Mexico." And after the product is recovered, to be milled.
In an email, Strathmore Mineral David Miller told us, "We are now ready with independent scoping studies for the Roca Honda Project." A registered professional engineer completed an independent evaluation of the capital and operating costs of the mill. Although the name of the engineer was not disclosed, Miller said: "This gentleman has 40-plus years of experience and has designed many mills in the U.S. and the world." Miller told us, "Mill operating mills of different sizes and range from the low $ 20/ton of feed to the high $ 200/ton of feed. Roca Honda ore runs from five to six pounds per ton. Per tonne-to- pound milling costs $ 30/ton operating costs (20 percent higher than the lowest number in the evaluation) with a rate of 5 pounds per ton. "
Miller described capital of the mill at about $ 100 million, plus / minus $ 20 million, depending on the size of the mill building. Miller also said: "Environmental aspects of such a mill were also assessed by consulting specialists, and concluded that it will be a mine and mill in New Mexico far as possible." He explained that there is no my design work is not yet done. Operating mine cost would be. Similar to any large metal mines "They can range from a low of $ 30/ton of ore to a high of $ 80/ton of ore." Miller emphasized that milling costs could be. As low as $ 6/pound U3O8 The Roca Honda project, Strathmore controls from the purchase of the Kerr-McGee properties of Rio Algom (bought by BHP Billiton) in 2004, was one of the mines designed to feel the 6000 tons / day Ambrosia Lake Mill.
What impact would a uranium mill to Grants, New Mexico? We asked Miller to speculate about the consequences, for he is a third-term Wyoming legislator. He told us, "A new mine and mill complex on the size Strathmore should consider would be a minimum of 200 people will be employed, and double or higher could be the quality of jobs would be similar to other mining jobs:. Top pay , top benefits and health care summit. "However, In Situ Recovery (ISR) would be less labor intensive. Each ISR facility would be 50 to 100 people.
The proposed uranium enrichment facility scheduled for groundbreaking in August, eager to meet the state of the renaissance of nuclear energy to add a nuclear power plant in New Mexico legislators and any uranium mill is discussed, how long before uranium mining resumed in this state? It may be sooner than you think. A still-unpublished interview with Jon Indall, Executive Director of the Uranium Producers of America, he told us, "I would not be surprised if the domestic uranium industry were producing up to 20 million pounds per year." He expects it could happen within five years, maybe earlier. A large part of this production uranium can come from this state. Nuclear Renaissance New Mexico is clearly within reach.
COPYRIGHT © 2007 by StockInterview, Inc. All rights reserved.
James Finch contributes to and other publications. StockInterview's "Investing in the Great Uranium Bull Market" has become the most popular book ever published for uranium mining stock investors.

No comments:

Post a Comment