UR Energy Leveraged for Max Profits . Strong Buy - $0.90 Target Price

Uranium Companies Petition US Commerce Dept To Limit Foreign Imports

URG - NYSE / URE - TSX

Uranium Update

Huge Investor Money Flows Into Cameco

We feel these shares could top their 52 week high of $0.90 . Both Japan and China are rapidly drying up supply and with world  populations exploding needing ever more energy, supply shrinks even more  . Demand and price are inelastic in that cost has little to do with what a company will pay for its fuel . By all measures nuclear fuel is cheap and a miniscule cost in the energy generating process.

With a superior management team in place this company will to ride the wave of advancing uranium prices making this company a STRONG BUY  


Ur-Energy Announces New Gold Project and Initial Sample Results

LITTLETON, Colo., Jan. 29, 2018 /PRNewswire/ -- Ur-Energy Inc. (NYSE American:URG, TSX:URE)(the "Company" or "Ur-Energy") is pleased to announce its acquisition of a promising gold exploration project in west-central Nevada. To date, we have staked 102 federal lode mining claims for a property position of approximately 2,100 acres. The Excel Project is located within the Excelsior Mountains, in proximity to the Camp Douglas and Candelaria Mining Districts.

The Company became aware of the mineral potential of this project area from exploration data contained within the large geologic database acquired as a part of its 2013 purchase of Pathfinder Mines Corporation. Compiled over several decades of exploration work by major mining companies, the database contains valuable information on hundreds of mineral deposits and historical exploration and development programs in more than 20 states in the U.S. We continue to prioritize the review and analysis of the materials in this database, as it provides abundant opportunity to identify other exploration projects like the Excel Project for acquisition or to monetize through sales of the data.

In this instance, our review revealed a 1991 exploration program in the area of the Excel Project had encountered high-grade gold and silver assays from trenching activities within Permian-age metasediments. Company geologists conducted geologic literature research and field examinations, resulting in the initiation of land acquisition activities in March 2017. Once a land position was obtained, rock sampling and geochemical soil sampling programs were conducted.

Approximately 60% of the Excel Project is covered with valley fill material (alluvial fans) shed from the surrounding Excelsior Mountains. In most of the project area not covered by valley fill, there is sufficient exposure of bedrock to perform surface rock sampling. We collected select rock samples adjacent to the areas of earlier trenching activities; additionally, samples were collected from many historic prospect pits located along apparent fault structures and in areas of iron-oxidized (sulfide-rich) metasediments. The area of rock sampling covered approximately 640 acres (one square mile).

Thirty-five select rock samples were collected and sent to an accredited lab, ALS Minerals of Reno, Nevada, for multi-element analyses. Twelve of these samples (34%) had gold assays of greater than two grams per tonne (g/mt) (a common cut-off grade for open pit gold mines is less than 1 g/mt) and were considered to represent mineralized bedrock. Several of these samples had much higher-grade gold assays – the highest being 160 g/mt (5.14 ounces per ton (opt)). All mineralized samples were collected from brecciated and silicified metasediments.

The mineralized samples also exhibited consistently high assays for silver, with the highest value of 1090 g/mt (34.9 opt). Average silver (Ag) assays were greater than gold (Au) assays with a Ag:Au ratio of approximately 12:1. In addition, most of these samples contained high base metal values for copper, lead and zinc. The following table provides the values for the eight highest gold and silver assays, as well as assays for the associated base metals of copper (Cu), lead (Pb) and zinc (Zn):

Sample No.

Au

Ag

Cu

Pb

Zn

EX-17

13.1 g/mt (0.42 opt)

142 g/mt (4.5 opt)

0.66%

2.46%

0.21%

EX-18

14.3 g/mt (0.46 opt)

639 g/mt (20.4 opt)

3.12%

>20%

5.20%

EX-20

3.98 g/mt (0.13 opt)

1090 g/mt (34.9 opt)

1.66%

>20%

1.42%

EX-29

160 g/mt (5.14 opt)

53.8 g/mt (1.7 opt)

-

0.23%

-

EX-31

22.9 g/mt (0.73 opt)

142 g/mt (4.5 opt)

1.37%

0.77%

-

EX-32

64.5 g/mt (2.06 opt)

2.9 g/mt (0.1 opt)

-

-

-

EX-33

13.8 g/mt (0.44 opt)

109 g/mt (3.5 opt)

3.51%

0.47%

-

EX-34

31.9 g/mt (1.02 opt)

286 g/mt (9.2 opt)

5.10%

0.57%

-



Additionally, geochemical sampling of a consistent sandy clay loam horizon was conducted. Samples were collected along twenty profiles, designed to investigate mapped structures (faults) underlying the valley fill. Multi-element analyses were conducted on all assay results to determine background and anomalous values for metals and other elements of interest. Results of this program are extremely encouraging, with gold values in the soils found to be continuously anomalous overlying more than 7,000 feet of a major mapped structure. Such an anomaly may indicate the presence of a mineralized zone associated with the structure. The geochemical signature of this structure was further enhanced by continuously anomalous values for silver, copper and lead found in the same zone as the high gold values. This soil geochemistry program has been very successful in developing high-quality targets for the next phases of exploration on the Excel Project.

Because of the high-grade gold and silver assays contained in the initial rock samples the Company continues to investigate the relationship between this mineralization and the complex structural and geologic setting of the area. As part of this investigation, Ur-Energy completed the latest rock sampling program in early January 2018. Results of this work are pending.

Chairman and CEO of Ur-Energy, Jeff Klenda, said, "Ur-Energy remains, first and foremost, a low-cost uranium producer, with its focus on its flagship Lost Creek Property, and the advancement of Shirley Basin toward full permitting and licensure. The opportunities presented by the Excel Project, however, were too attractive not to pursue. We are currently considering all prospects to advance this new exploration project, and to obtain value for our shareholders, whether drilling the project ourselves, identifying a viable venture partner, or through a sale process."

Mr. James Bonner, Ur-Energy Vice President Geology, Certified Professional Geologist (CPG-11608), American Institute of Professional Geologists, and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical disclosure contained in this news release. Mr. Bonner has verified the sampling, analytical and test data disclosed here.

About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced, packaged and shipped more than two million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate our LC East project area into the Lost Creek permits, and we have begun to submit applications for permits and licenses to operate at our Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Shares of Ur‑Energy trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." Ur‑Energy's corporate office is in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com.

FOR FURTHER INFORMATION, PLEASE CONTACT




Ur-Energy and Energy Fuels Jointly File Section 232 Petition with U.S. Commerce Department to Investigate Effects of Uranium Imports on U.S. National Security

DENVER, Jan. 16, 2018 /PRNewswire/ -- Ur-Energy Inc. (NYSE American: URG; TSX: URE) ("Ur-Energy") and Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) ("Energy Fuels") today jointly submitted a Petition to the U.S. Department of Commerce ("DOC") for Relief Under Section 232 of the Trade Expansion Act of 1962 (as amended) from Imports of Uranium Products that Threaten National Security (the "Petition").

  • Imports of uranium from state-owned and state-subsidized enterprises in Russia, Kazakhstan, and Uzbekistan now fulfill nearly 40% of U.S. demand, while domestic production fulfills less than 5%.
  • Increasing levels of nuclear fuel are expected to be imported from Russia and China in the coming years, which will compete directly with U.S. uranium production.
  • In 2017, U.S. uranium production fell to near historic lows due in large part to uranium and nuclear fuel imported from state-subsidized foreign entities; 2018 domestic production is likely to be even lower.
  • A healthy uranium mining industry is vital to U.S. national security, because it supplies fuel for nuclear power plants that are a key component of the nation's critical energy infrastructure and essential defense needs.
  • Ur-Energy and Energy Fuels, both headquartered in Denver, Colorado, are the two main U.S. uranium producers, together supplying more than half of all U.S. uranium in 2017.
  • Energy Fuels and Ur-Energy have filed a Section 232 Petition requesting (1) the Department of Commerce to investigate the effects of uranium imports on U.S. national security and (2) the President to use his authority to adjust imports to ensure the long-term viability of the U.S. uranium mining industry.
  • Energy Fuels and Ur-Energy have proposed sensible remedies that will support a viable domestic uranium mining industry with a negligible impact on U.S. nuclear utilities.

Uranium is primarily used as the fuel for non-emitting, zero-carbon nuclear energy, but also plays a key role in national defense. According to the Nuclear Energy Institute, nuclear energy provides about 20% of all electricity, and nearly 60% of the carbon-free electricity, generated in the U.S. Uranium is also the backbone of the U.S. nuclear deterrent and fuels ships and submarines in the U.S. Navy. Despite uranium's critical role in supporting clean electricity and national defense, imports of cheap, foreign state-subsidized uranium have swelled in recent years to the point that domestic suppliers currently provide less than 5% of our nation's demand. As recently as 1980, U.S. producers supplied nearly 100% of our domestic uranium needs, and in 1989 the DOC initiated a Section 232 investigation at the request of the U.S. Department of Energy ("DOE") because of concerns that uranium imports exceeded 37.5% at that time. The problem is far worse now.

In 2016, the combined uranium imports from three geopolitically and commercially linked countries – Russia, Kazakhstan, and Uzbekistan – fulfilled nearly 40% of U.S. requirements. While the U.S. does not import significant quantities of uranium from China at this time, China has significantly grown their state-owned nuclear enterprises and announced that they intend to penetrate the U.S. nuclear market with nuclear fuel that will compete directly with U.S. uranium miners. Further, the approaching expiration of the Russian Suspension Agreement will remove existing limits on Russian uranium imports. This will create additional pressure on U.S. uranium producers, as Russiahas announced plans to increase its U.S. market share after that agreement expires in 2020.

Today's extreme dependence is not a matter of foreign competition legitimately underpricing domestic production. It is the result of certain foreign state-subsidy policies that undermine U.S. companies who could otherwise compete fairly on a global basis.

The Petition filed today is a response to this threat to U.S. energy and national security. The Petitioners urge Commerce Secretary Ross and President Trump to act decisively to help restore the long-term viability of the U.S. uranium mining industry. Without a viable nuclear fuel cycle, the commercial and nuclear capabilities of the U.S. will be diminished, and the nation is likely to become 100% dependent on foreign parties that compete with the U.S. for geopolitical influence and commercial advantage to fuel a majority of our clean, baseload electricity. Further, international treaties require that the uranium necessary for defense programs be sourced from the U.S. Unless steps are taken now to foster a healthy domestic uranium mining industry, the defense stockpiles currently held by the DOE will be depleted, and it is unlikely that domestic producers will have sufficient capabilities to meet our defense needs in the future.

Legal Basis and Process

The Petition was filed by Energy Fuels and Ur-Energy pursuant to the Trade Expansion Act of 1962, as amended (the "Act"), and 15 C.F.R. § 705.5. The Act was promulgated by Congress to protect essential national security industries whose survival is threatened by imports. As such, the Act authorizes the Secretary of Commerce (the "Secretary") to conduct investigations to evaluate the effects of imports of any item on the national security of the U.S. In the Petition, Energy Fuels and Ur-Energy describe in detail how the loss of a viable U.S. uranium mining industry would have a significant detrimental impact on the national, energy, and economic security of the U.S. and the ability of the country to sustain an independent nuclear fuel cycle.

Once the DOC initiates an investigation, the Secretary has 270 days to prepare a report to the President. Following receipt of the Secretary's report, the President then has 90 days to act on the Secretary's recommendations, and if necessary take action to "adjust the imports of an article and its derivatives" and/or pursue other lawful non-trade related actions necessary to address the threat.

Benefits of Trade Remedies

The Petition seeks remedies which will set a quota to limit imports of uranium into the U.S., effectively reserving 25% of the U.S. nuclear market for U.S. uranium production. Additionally, the Petition suggests implementation of a requirement for U.S. federal utilities and agencies to buy U.S. uranium in accordance with the President's Buy American Policy. These remedies are expected to result in U.S. utilities purchasing approximately 12 million pounds of uranium per year from U.S. production, based on recent data. This would be expected to create a healthy U.S. uranium mining industry, bolster national defense, and improve supply diversification for U.S. utilities and their customers. Greater diversification will lessen the exposure of the U.S. government, U.S. utilities and their customers to the policies of nations like Russia, Kazakhstan, and China. U.S. utilities and their customers will also receive greater protection from supply shocks, price increases, and other geopolitically motivated actions of foreign state-controlled uranium producers. Likewise, a strong domestic uranium mining industry will be able to reliably supply the required domestic uranium that is critical to our national defense programs. The U.S. government will provide support to a vital national security industry, while maintaining a high degree of competition that encourages innovation and lower prices. These remedies will reduce dependence on imports that fuel clean energy, and support reductions in air pollution and carbon emissions.

U.S. uranium producers will continue to compete with global uranium producers, but on a more level playing field. U.S. production will come from existing U.S. producers, from other U.S. producers that are on standby as a result of low uranium prices, and from new U.S. producers. Pricing for U.S. uranium would be expected to increase through domestic competition to levels more consistent with un-subsidized global costs of uranium production, but not to a level that will have a significant impact on the bottom lines of U.S. utilities or the rates their customers pay. An econometric model included in the Petition demonstrates that the average price impact to consumers will be negligible.

Additional information regarding the trade action, including the full text of the Section 232 Petition, can be found on the companies' respective websites shown below. There can be no certainty of the outcome of the investigation or the recommendation of the Secretary, and therefore the outcome of this process is uncertain.

About Ur-Energy: Ur-Energy is a U.S. uranium mining company with corporate and operations offices in Denver, Colorado and Casper, Wyoming. Ur-Energy operates the Lost Creek in-situ recovery uranium facility in south-central Wyoming. Ur-Energy has produced, packaged and shipped more than two million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate Ur-Energy's LC East project area into the Lost Creek permits, and the company has begun to submit applications for permits and licenses to construct and operate its Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities in the United States, including the acquisition, exploration, development and operation of uranium mineral properties. The primary trading market for Ur-Energy's common shares is the NYSE American under the trading symbol "URG;" Ur-Energy's common shares also trade on the Toronto Stock Exchange under the trading symbol "URE." Ur-Energy's website is www.ur-energy.com. 

About Energy Fuels: Energy Fuels is a leading integrated U.S. uranium mining company, supplying U3O8 to major nuclear utilities. Its corporate offices are in Denver, Colorado, and all of its assets and employees are in the western United States. Energy Fuels holds three of America's key uranium production centers, the White Mesa Mill in Utah, the Nichols Ranch Processing Facility in Wyoming, and the Alta Mesa Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today and has a licensed capacity of over 8 million pounds of U3O8 per year. The Nichols Ranch Processing Facility is an in-situ recovery production center with a licensed capacity of 2 million pounds of U3O8 per year. Alta Mesa is an in-situ recovery production center with a licensed capacity of 1.5 million pounds of U3O8 per year, which is currently on care and maintenance due to low uranium prices. Energy Fuels also has the largest uranium resource portfolio in the U.S. among producers, and uranium mining projects located in a number of Western U.S. states, including one producing in-situ recovery project, mines on standby, and mineral properties in various stages of permitting and development. Energy Fuels also produces vanadium as a co-product of its uranium production from certain of its mines on the Colorado Plateau, as market conditions warrant. The primary trading market for Energy Fuels' common shares is the NYSE American under the trading symbol "UUUU", and the Company's common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR". Energy Fuels' website is www.energyfuels.com.

Cautionary Note Regarding Forward-Looking Statements: Certain information contained in this news release, including any information relating to: the expected increases in foreign state-subsidized imports of uranium in coming years; the expected further negative impacts of such imports on U.S. uranium production and national security, including the depletion of stockpiles held by the Department of Energy; the potential of the U.S. to be unable to sustain an independent nuclear fuel cycle and to become 100% dependent on foreign parties; the outcome of the Department of Commerce Section 232 investigation, including whether or not the Secretary of Commerce will make a recommendation to the President and the nature of the recommendation; whether or not the President will act on the recommendation and, if so, the nature of the action and remedy; the expected benefits of the proposed remedies, including: the expected impacts on U.S. production and the U.S. uranium mining industry, the expected impacts on purchases of U.S. production by U.S. utilities, the expected impacts on supply diversification and the expected benefits of such diversification on domestic utilities and national defense, the expected ability of the U.S. uranium mining industry to reliably supply the required domestic uranium production, the expected impact of the proposed remedy on improved competition, innovation and lower prices, and the reduction of dependence on imports; the expected impact on pricing for U.S. uranium production and the negligible price impact on electricity rates paid by consumers; and any other statements regarding Energy Fuels' or Ur-Energy's future expectations, beliefs, goals or prospects; constitute forward-looking information within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements in this news release that are not statements of historical fact (including statements containing the words "expects", "does not expect", "plans", "anticipates", "does not anticipate", "believes", "intends", "estimates", "projects", "potential", "scheduled", "forecast", "budget" and similar expressions) should be considered forward-looking statements. All such forward-looking statements are subject to important risk factors and uncertainties, many of which are beyond Energy Fuels' and Ur-Energy's ability to control or predict. A number of important factors could cause actual results or events to differ materially from those indicated or implied by such forward-looking statements, including without limitation factors relating to: the expected increases in foreign state-subsidized imports of uranium in coming years; the expected further negative impacts of such imports on U.S. uranium production and national security, including the depletion of stockpiles held by the Department of Energy; the outcome of the Department of Commerce Section 232 investigation, including whether or not the Secretary of Commerce will make a recommendation to the President and the nature of the recommendation; whether or not the President will act on the recommendation and, if so, the nature of the action and remedy; the expected benefits of the proposed remedies; the expected impact on pricing for U.S. uranium production and the negligible price impact on electricity rates paid by consumers; and other risk factors as described in Energy Fuels' and Ur-Energy's most recent annual reports on Form 10-K and quarterly financial reports. Energy Fuels and Ur-Energy assume no obligation to update the information in this communication, except as otherwise required by law. Additional information identifying risks and uncertainties is contained in Energy Fuels' and Ur-Energy's filings with the various securities commissions which are available online at www.sec.gov and www.sedar.com. Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of the management of Energy Fuels and Ur-Energy relating to the future. Readers are cautioned that such statements may not be appropriate for other purposes. Readers are also cautioned not to place undue reliance on these forward-looking statements, that speak only as of the date hereof.






Ur-Energy Provides 2017 Q4 Operational Results and Announces January 19, 2018 Webcast on 2017 Operational Results

LITTLETON, Colo., Jan. 11, 2018 /PRNewswire/ -- Ur-Energy Inc. (NYSE American:URG, TSX:URE)(the "Company" or "Ur-Energy") is pleased to provide the following operational results for fourth quarter 2017, and to announce a webcast regarding 2017 Operational Results and current events in the uranium industry, to be held on Friday, January 19, 2018, at 9:00 a.m. MT / 11:00 a.m. ET.

Highlights



Lost Creek Operations


Units

2017 Q1


2017 Q2


2017 Q3


2017 Q4


2017












U3O8 Captured

('000 lbs)

79.3


65.3


52.8


68.0


265.4

U3O8 Dried & Drummed

('000 lbs)

74.4


70.8


48.3


60.5


254.0

U3O8 Sold (from production)

('000 lbs)

50.0


31.0


180.0


0.0


261.0

U3O8 Sold (from purchased lbs)

('000 lbs)

200.0


210.0


109.0


0.0


519.0












Average Flow Rate

(gpm)

2,403


2,378


2,188


2,244


2,302

U3O8 Head Grade

(mg/l)

32


27


23


29


28

 

Lost Creek Uranium Production and Sales
For the quarter, 67,982 pounds of U3O8 were captured within the Lost Creek plant, 60,461 pounds of U3O8 were packaged in drums and 73,367 pounds of U3O8 drummed inventory were shipped out of the Lost Creek processing plant. At December 31, 2017, inventory at the conversion facility was approximately 94,077 pounds U3O8

In 2017, sales totaled $38.3 million from 780,000 pounds sold. Our overall price per pound sold averaged $49.09. There were no spot sales during the year. A total of 261,000 pounds were sold from Lost Creek production. Additionally, we delivered 519,000 purchased pounds into contractual obligations. Purchases for these deliveries averaged $21.35 per pound.

Lost Creek Production Operations in Mine Unit 1 and Development of Mine Unit 2
Lost Creek celebrated its fourth anniversary of operations in August. At year-end 2017, we have captured approximately 2.4 million pounds U3O8 and have delivered approximately 2.2 million pounds of Lost Creek production to our customers. At this time, our first mine unit ("MU1") has recovered nearly 89% of the estimated under-pattern resource, based upon the revised and updated Lost Creek Preliminary Economic Assessment (as amended, February 2016, the "PEA"). This is compared to an accepted industry standard of 70% to 80% recovery of under-pattern resource. As well, project economics in the PEA were based on an 80% recovery.

Drilling and other construction work to develop the first three header houses in Mine Unit 2 ("MU2") commenced in early April 2017, allowing us to bring the first header house online in late August. Operations in the second header house in MU2 are expected to commence this week; we anticipate the third header house will come online in Q1 2018. We are pleased to report that to date MU2 has exhibited similar production characteristics to MU1. In addition, operational modifications have allowed for higher sustained production flows supporting efficient future wellfield operations as well as optimum recovery rates.

Our Class V water system worked well throughout its first year of operations. This system is the first of its kind at an ISR uranium facility, having received all permitting and other authorizations at year-end 2016. Allowing for onsite disposal of fresh permeate (i.e., clean water) into shallow Class V wells, this system also permits us to recycle significant amounts of what would normally be considered waste water. Ultimately, the system reduces injection requirements in our Class I deep disposal wells and extends the life of those very valuable assets.

Guidance for 2018
For 2018, we expect to deliver 470,000 pounds into our term contracts at an average price of approximately $49 per pound.  We have scheduled 370,000 pounds to be delivered in Q1 2018. We will provide further guidance for 2018 production and other operational matters in our Annual Report on Form 10-K, which is currently anticipated to be filed on Friday, March 2, 2018.

January 19, 2018 Webcast
A webcast and teleconference will be held on Friday, January 19, 2018 at 9:00 a.m. (MT) / 11:00 a.m. (ET) to provide an operational update and discuss current events in the uranium industry.  A Q&A session will follow the presentation. Those wishing to participate by phone can do so by calling:

US Toll-free Number

1-877-226-2859

Canada Toll-free Number

1-855-669-9657

International Number

1-412-542-4134

Ask to be joined into the Ur-Energy call.

The call is being webcast by PR Newswire. The webcast can be accessed 10 minutes prior to the call. Pre-registration and participation access is available by clicking here or by copying the following URL into your web browser: https://www.webcaster4.com/Webcast/Page/1186/24157.

If you are unable to join the call, a link will be available following the webcast on the Company's website www.ur-energy.com.

About Ur-Energy
Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. We have produced, packaged and shipped more than two million pounds from Lost Creek since the commencement of operations. Applications are under review by various agencies to incorporate our LC East project area into the Lost Creek permits, and we have begun to submit applications for permits and licenses to operate at our Shirley Basin Project. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Shares of Ur‑Energy trade on the NYSE American under the symbol "URG" and on the Toronto Stock Exchange under the symbol "URE." Ur-Energy's corporate office is in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is www.ur-energy.com.

FOR FURTHER INFORMATION, PLEASE CONTACT

Jeffrey Klenda, Chair and CEO 
+1 720-981-4588 
Jeff.Klenda@ur-energy.com

Cautionary Note Regarding Forward-Looking Information
This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., continuing results of Lost Creek operations; timing to bring the additional header houses in MU2 online; whether MU2 production results will compare with those in MU1 at Lost Creek; and whether adjustments of production rates will be necessary or appropriate) and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, fluctuations in commodity prices; capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of uranium which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; delays in development and other factors described in the public filings made by the Company at www.sedar.com and www.sec.gov. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management's beliefs, expectations or opinions that occur in the future.

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/ur-energy-provides-2017-q4-operational-results-and-announces-january-19-2018-webcast-on-2017-operational-results-300581353.html

 



 

 

 

 

 

 

About MiningNewsReporter.com : 

MiningNewsReporter.com
 is a subsidiary of Target Publishing Inc, and is a leading publisher of todays market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. We are paid in cash only. We take no shares as compensation  

A complete disclaimer can be viewed 
HERE