Ur-Energy Updates on Mining Operations and Guidance

UR-Energy (TSE:URE) has released an update.

Ur-Energy Inc. announces progress on its Lost Creek Mine operations with increased production and the onboarding of five new header houses in 2024, leading to a revised annual production guidance of 325,000 to 475,000 pounds of U3O8. The company is also making headway with its Shirley Basin Project, having completed the installation of monitor wells. Despite the challenges in workforce experience and retention, both projects are advancing, with exploration plans set to replace mined uranium with new resources.

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