Saturday, April 21, 2012

SandBoxUtah: Denver Post "Energy Fuels to buy Utah's White Mesa uranium mill"

"GRAND JUNCTION — A company trying to build the nation's first new uranium mill in more than 30 years has agreed to buy the United States' only existing conventional uranium mill.

The Grand Junction Daily Sentinel reported Monday that Energy Fuels Inc. plans to buy Denison Mines Corp.'s White Mesa Mill, near Blanding, Utah, as well as its mines along the Colorado-Utah border, and elsewhere in Utah and Arizona. Energy Fuels will exchange about 425.4 million shares for the properties, valued at about $107.1 million

Energy Fuels wants to build a uranium mill in Colorado's Montrose County and owns potential mining properties in Colorado, Utah, Arizona, Wyoming and New Mexico....."

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