Wyoming

Australia Company Targets 85 Million Pounds Of Uranium In Northeast Wyoming

Published

2 years ago

May 13, 2024

Australia Company Targets 85 Million Pounds Of Uranium In Northeast Wyoming

To meet growing demand for uranium worldwide, Australian-based Peninsula Energy Ltd. said that it has begun construction on a central processing plant in northeastern Wyoming.

The company’s Ross processing plant will take uranium processed at other Peninsula-owned mines in northeastern Wyoming and produce yellowcake, which is then shipped to Illinois to turn into enriched fuel for nuclear reactors.

The fuel supply chain looks upbeat for Peninsula.

On Monday, Peninsula expanded its estimate for uranium underground in its flagship Lance project near Gillette by 7.8% to 58 million pounds.

The company also expanded its estimates for uranium deposits by 19.6% to 26.2 million pounds in its nearby Ross and Kendrick mines, also located in the northeastern Wyoming area.

“This resource growth comes at an opportune time with the United States government continuing to take meaningful action to reinvigorate its domestic uranium production and nuclear fuel cycle capacity, [while] the company continues preparing for the resumption of commercial production at our U.S.-based Lance projects,” said Wayne Heili, Peninsula’s managing director and CEO, in a prepared statement.

Uranium Going Nuclear

Several uranium companies in Wyoming are posturing for increased production of the commodity because of higher demand in the United States for nuclear fuel, especially since federal lawmakers have responded to Russia’s invasion of Ukraine by banning imports from Russia.

This month’s ban by Washington has spurred domestic development of nuclear fuel for reactors and led to many uranium mining companies to restart production in Wyoming and elsewhere.

Uranium spot prices hit $107 per pound in early February but have since backed off to about $91 a pound as of Monday, according to Atlanta-based UxC LLC, which tracks uranium spot prices on a nuclear fuel exchange.

Peninsula does business in Wyoming through its Strata Energy Inc. unit, which operates the Lance project near Gillette and other mines.

The Ross central processing facility is a key part of Peninsula’s supply chain in Wyoming.

“This is a key piece of the jigsaw for us, providing the ability to produce a finished product for our customers without having to rely on any third-party processing facilities,” Heili said.

“We remain confident of hitting our production targets for 2025,” he said.

Samuel Engineering Inc., with offices in Wyoming and Denver, was hired by Peninsula to get the project ready for restart of production before the end of 2024.

Double Capacity At Ross

The Ross plant was originally built in 2015 as an alkaline in-situ recovery facility capable of producing up to 1 million pounds annually of uranium. Samuel was hired to build additional plant facilities to expand production capacity to 2 million pounds.

Instead of digging up uranium in a mine or surface pit, Wyoming’s mining companies perform in-situ recovery of the mineral. This kind of operation involves pumping oxygenated water with an occasional addition of bicarbonate of soda into the ground to get at the uranium.

In-situ mining has low environmental impact.

In this process, the uranium is dissolved and pumped to the surface, where the mineral is stripped from the water. The water stripped of uranium is then returned underground.

In March, Peninsula agreed to sell between $88 million and $117 million worth of Wyoming uranium to a European nuclear fuel buyer from the Lance project.

To pay for restart of production at the Lance facility, Peninsula raised nearly $60 million in late 2023. Combined, the company plans to take uranium mined at the Kendrick, Barber and Dagger project in Crook County, Wyoming, and convert it to yellowcake at the Ross processing facility.

The agreement with the European buyer requires the company to sell 1.2 million pounds of uranium over a six-year period starting in 2028 to Synatom, which manages the supply of enriched uranium to Belgium’s nuclear power plants.

With the inclusion of this new sales agreement, the company’s total contractual sales obligation over the upcoming decade is 6 million pounds.

Pat Maio can be reached at pat@cowboystatedaily.com.

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Wyoming

Wyoming 3A and 4A Boys Basketball Regionals Tip Off Postseason Play

Published

1 hour ago

March 6, 2026

Press Room

Wyoming 3A and 4A Boys Basketball Regionals Tip Off Postseason Play

The 2026 postseason has arrived for Wyoming High School boys’ basketball teams in Class 3A and 4A. They participate in regional tournaments from Thursday through Saturday. The regionals will be in Buffalo, Evanston, Gillette, and Lovell. Three sites will use the format: two wins qualify a team for the state tournament next week in Casper, or two losses eliminate a team. The 4A East Region has three loser-out first-round games on Thursday, followed by two days of games for seeding. The 4A East Regular Season champ draws a first-round bye and has qualified for the state tournament.

WYOPREPS 3A-4A BOYS BASKETBALL REGIONAL TOURNAMENT SCHEDULES

Except in the 4A East Regional, Friday starts with elimination games. The regional semifinals are on Friday night. The final seeds for next week’s state tournament will be determined on Saturday. The schedules below for this weekend are based on the brackets sent to WyoPreps. It is subject to change.

THURSDAY, MARCH 5:

Final Score: (3) Pinedale 58 (6) Mountain View 40

Final Score: (2) Cody 58 (7) Powell 46

Final Score: (1) Lovell 75 (8) Lyman 43

Final Score: (4) Lander 65 (5) Worland 40

FRIDAY, MARCH 6:

Game 5: Mountain View vs. Powell, noon – loser out

Game 6: Lyman vs. Worland, 1:30 p.m. – loser out

Game 7: Pinedale vs. Cody, 6 p.m. – semifinal

Game 8: Lovell vs. Lander, 7:30 p.m. – semifinal

SATURDAY, MARCH 7:

Game 9: Winner Game 5 vs. Loser Game 8, 11 a.m. – loser out

Game 10: Winner Game 6 vs. Loser Game 7, 11 a.m. – loser out (at LMS)

Game 11: Winner Game 9 vs. Winner Game 10, 5 p.m. – 3rd Place Game

Game 12: Winner Game 7 vs. Winner Game 8, 2 p.m. – Championship Game

THURSDAY, MARCH 5:

Final Score: (3) Douglas 85 (6) Rawlins 50

Final Score: (2) Wheatland 57 (7) Burns 40

Final Score: (5) Torrington 35 (4) Newcastle 28

Final Score: (1) Buffalo 69 (8) Glenrock 44

FRIDAY, MARCH 6:

Game 5: Rawlins vs. Burns, noon – loser out

Game 6: Newcastle vs. Glenrock, 1:30 p.m. – loser out

Game 7: Douglas vs. Wheatland, 6 p.m. – semifinal

Game 8: Torrington vs. Buffalo, 7:30 p.m. – semifinal

SATURDAY, MARCH 7:

Game 9: Winner Game 5 vs. Loser Game 8, noon – loser out

Game 10: Winner Game 6 vs. Loser Game 7, 1:30 p.m. – loser out

Game 11: Winner Game 9 vs. Winner Game 10, 7:30 p.m. – 3rd Place Game (if necessary)

Game 12: Winner Game 7 vs. Winner Game 8, 4:30 p.m. – Championship Game

Read More Boys Basketball News from WyoPreps

WyoPreps Boys Basketball Week 11 Scores 2026

WyoPreps Coaches and Media Basketball Polls 2-25-26

WyoPreps Boys Basketball Week 10 Scores 2026

WyoPreps Coaches and Media Basketball Polls 2-18-26

WyoPreps Boys Basketball Week 9 Scores 2026

WyoPreps Coaches and Media Basketball Polls 2-11-26

WyoPreps Boys Basketball Week 8 Scores 2026

WyoPreps Coaches and Media Basketball Polls 2-4-26

Nominate A Boys Basketball Player For Athlete Of The Week 2025-26

THURSDAY, MARCH 5:

Final Score: (NW-3) Kelly Walsh 64 (SW-2) Riverton 49

Final Score: (NW-1) Natrona County 77 (SW-4) Jackson 23

Final Score: (NW-2) Green River 50 (SW-3) Evanston 40

Final Score: (SW-1) Star Valley 62 (NW-4) Rock Springs 60 – Erickson makes a turnaround jumper at the buzzer off an offensive rebound for the Braves.

FRIDAY, MARCH 6:

Game 5: Riverton vs. Jackson, noon – loser out

Game 6: Evanston vs. Rock Springs, 1:30 p.m. – loser out

Game 7: Kelly Walsh vs. Natrona County, 6:30 p.m. – semifinal

Game 8: Green River vs. Star Valley, 8 p.m. – semifinal

SATURDAY, MARCH 7:

Game 10: Winner Game 6 vs. Loser Game 7, 11:30 a.m. – loser out

Game 9: Winner Game 5 vs. Loser Game 8, 1 p.m. – loser out

Game 11: Winner Game 10 vs. Winner Game 11, 4:30 p.m. – 3rd Place Game (at EMS)

Game 12: Winner Game 7 vs. Winner Game 8, 4:30 p.m. – Championship Game

THURSDAY, MARCH 5:

Game 1: (1) Sheridan = Bye

Final Score: (2) Cheyenne Central 75 (7) Cheyenne South 35 – Bison are eliminated

Final Score: (3) Thunder Basin 75 (6) Laramie 59 – Plainsmen are eliminated; Bolts qualify for state

Final Score: (4) Campbell County 59 (5) Cheyenne East 39 – loser out; Thunderbirds are eliminated; Camels qualify for state.

FRIDAY, MARCH 6:

Game 6: Cheyenne Central vs. Thunder Basin, 4:30 p.m. – semifinal

Game 5: Sheridan vs. Campbell County, 7:30 p.m. – semifinal

SATURDAY, MARCH 7:

Game 7: Loser Game 5 vs. Loser Game 6, 11:30 a.m. – 3rd Place Game

Game 8: Winner Game 5 vs. Winner Game 6, 2:30 p.m. – Championship Game

James Johnson Winter Showcase Basketball Tournament 2026

Photos from game action at the James Johnson Winter Showcase tournament in Cheyenne.

Gallery Credit: Courtesy: Shannon Dutcher

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Wyoming

Explore small streams of Wyo. with WGFD XStream Angler challenge

Published

14 hours ago

March 5, 2026

Press Room

Explore small streams of Wyo. with WGFD XStream Angler challenge

WYOMING — The Wyoming Game and Fish Department (WGFD) is rolling out its 2026 XStream Angler challenge, open to anyone looking to fish the smaller streams of Wyoming. The XStream Angler challenge is an opportunity for anglers in the state to explore over 150 streams with instream flow water rights. According to WGFD, instream flow […]

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Wyoming

Governor Gordon attends signing of Wyoming’s Healthy Choice Waiver in Washington D.C.

Published

1 day ago

March 5, 2026

Press Room

Governor Gordon attends signing of Wyoming’s Healthy Choice Waiver in Washington D.C.

CHEYENNE, Wyo. — Governor Mark Gordon’s office recently announced that the governor and Director of Family Services (DFS) Korin Schmidt traveled to Washington D.C. on Wednesday to meet with Secretary of Health and Human Services Robert F. Kennedy Jr., as well as other Trump Administration officials, to sign the Wyoming’s Healthy Choice Waiver. A release […]

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