Wyoming
Peninsula Energy to restart production at Lance Projects in Wyoming in December
Peninsula Energy, along with its US subsidiary Strata Energy, has announced that its Lance Projects in Wyoming, US, are on schedule for a production restart in December 2024, despite a two-month delay in the delivery of refurbished yellowcake dryers.
The final expansion capital cost is projected at approximately $48.8m, following a cost increase of $9.5m over previous estimates.
The preconditioning operations for the Lance Projects’ Header House 11 began in early November, after a delay due to commissioning challenges with new acid storage and delivery systems.
With these issues resolved and operations at full capacity, the header house is functioning at around 67% of the design flow rate. This, coupled with flowrate variability, has led Peninsula to revise its production guidance for 2025 to roughly 600,000 pounds of Triuranium octoxide (U3O8) and to withdraw other guidance for the year.
The company claims that these delays will not affect the cumulative production estimate for 2026 and 2027.
The expansion of the Ross uranium recovery plant at Lance is progressing, with the phase two expansion set to increase production capacity and include a complete central processing plant (CPP) for dry yellowcake production.
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Peninsula and its contractors, Samuel Engineering and Samuel EPC, have agreed on a fixed lump sum contract for the CPP.
Major construction has moved indoors, with the plant expected to house a 5,000-galllons-per-minute uranium recovery ion-exchange process with the capability to produce up to two million pounds of U3O8 annually.
The Ross and Kendrick areas together contain a joint ore reserves committee (JORC)-compliant resource base of 26.2 million pounds dry yellowcake (U3O8), sufficient for at least ten years of production.
Peninsula managing director and CEO Wayne Heili said: “Our teams of workers are busy across the Lance Projects preparing for the resumption of uranium production operations before the end of the year. The progress is evident on many fronts and the team is to be commended for continuing to proceed with safety at the forefront while keeping to the overall schedule.
“While some aspects of the project development are slightly lagging earlier projections, it is pleasing to know there are no indications that the impacts will extend beyond the initial ramp-up phase.”
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Wyoming
Residents celebrate Wyoming Statehood Day by revealing their favorite thing about the Cowboy State
CASPER, Wyo. — As the Aug. 18 primary election approaches, Oil City News is introducing candidate questionnaires to help voters make informed decisions at the ballot box.
Every candidate in the primary field was sent the same three questions and given a limit of 500 words, which could be distributed among their answers as they saw fit. To ensure a fair and direct line to the community, all responses are published exactly as submitted, without edits or alterations.
Candidates were asked:
- What are the most crucial challenges your constituents are facing?
- If elected, how will you address these challenges?
- What qualities or qualifications do you possess that have prepared you to meet these challenges?
Questionnaires are being published on a rolling basis online through Aug. 11. They will be accessible via the Oil City News Election Tracker.
Additionally, Oil City News will mail a comprehensive print voters guide directly to all Natrona County households in mid-July, featuring all questionnaires received by July 6.
Laurie Longtine (D), Wyoming House District 59
What are the most crucial challenges your constituents are facing?
Working families in Natrona County have the same concerns as families throughout the country. Families want to ensure their children are safe, healthy, and well educated. Right now, reductions in revenue are affecting all three of these issues.
If elected, how will you address these challenges?
I will work tirelessly to ensure the public schools that educate our children are fully funded, that working families have access to affordable healthcare, and that counties and municipalities have the necessary revenue to provide the services we all depend on in our communities.
What qualities/qualifications do you possess that have prepared you to meet these challenges?
I have worked in various management roles in a broad variety of businesses. Currently I volunteer with several organizations and have held leadership roles in the different clubs and organizations I have been part of over the years.
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