1 Table Of Contents 2
1.1 List of Tables 7
1.2 List of Figures 8
2 Executive Summary 9
2.1 Uranium Mining Industry in the United States 9
2.2 Trends and Developments in United State's Uranium Mining Industry 9
3 Uranium Mining Industry in the United States 10
3.1 Overview 10
3.2 Uranium Reserves in the United States 10
3.3 Uranium production in the United States 12
3.3.1 United States Uranium Production vs. Global Uranium Production 12
3.3.2 United States Uranium Production vs. North America Uranium Production 13
3.4 Major Mines in United States 15
3.5 Uranium mining sector development 18
3.5.1 Smith Ranch-Highland Mine 19
3.5.2 Crow Butte Mine 21
3.5.3 Alta Mesa Uranium Mine 23
3.5.4 LaPalangana 25
3.5.5 Kingsville Dome 25
3.5.6 Vasquez 26
3.5.7 Uranium Mines under Exploration 27
3.6 Regulatory Framework for the United States Uranium Mining Industry 28
3.6.1 Mining Policy 28
3.6.2 Regulations 29
4 Trends and Developments in the United States Uranium Mining Industry 30
4.1 Overview 30
4.2 Key drivers, Challenges and Trends 30
4.2.1 Key drivers 30
4.2.2 Challenges 31
4.2.3 Trends 31
4.3 The United States Uranium Mining Outlook 31
4.3.1 Investment Opportunities: Uranium mining 31
5 Key Players in the United States Uranium mining Industry 32
5.1 Cameco Corporation 32
5.1.1 Company Snapshot 32
5.1.2 Company Overview 32
5.1.3 Business Description 32
5.1.4 Major Products and Services 33
5.1.5 History 33
5.1.6 Key Employees 36
5.1.7 Locations And Subsidiaries 36
5.1.8 Other Locations & Subsidiaries 37
5.2 Uranium Resources Inc 37
5.2.1 Company Overview 37
5.2.2 Key Information 37
5.2.3 Major Products and Services 37
5.2.4 Competitors 37
5.2.5 Key Employees 38
5.2.6 Locations And Subsidiaries 38
5.3 Uranium One Inc 39
5.3.1 Company Snapshot 39
5.3.2 Key Information 39
5.3.3 Company Overview 39
5.3.4 Business Description 39
5.3.5 Major Products and Services 40
5.3.6 History 41
5.3.7 Key Employees 41
5.3.8 Locations And Subsidiaries 43
6 United States, Deals, Year 2004 to YTD 2009 44
7 United States, Deals, Year 2004 to YTD 2009 45
8 Recent Developments 46
8.1 Operations Updates 46
8.1.1 Jun 09, 2009: Uranerz Reports NI 43-101 Uranium Resources Update On Nichols Ranch Property, Wyoming 46
8.1.2 Jun 04, 2009: NRC Seeks Public Comment On Areva's Proposed Uranium Enrichment Plant 46
8.1.3 Jun 02, 2009: Gustavsons Efforts To Locate Uranium In Missouri Delayed 46
8.1.4 Jun 01, 2009: FPL's Unit 4 At Turkey Point Recommences 100% Power Generation 46
8.1.5 May 29, 2009: GenConn Energy's New 200 MW Plant In Milford, Connecticut To Serve 160,000 Homes 47
8.1.6 May 14, 2009: Strathmore's Gas Hills And Pine Tree-Reno Creek Wyoming Uranium Projects Remain Active 47
8.1.7 May 09, 2009: VANE Minerals Plans To Drill 25 Exploration Core Holes At Datil Mountains, New Mexico 47
8.1.8 May 07, 2009: Powertech Uranium Announces Technical Reports On Dewey-Burdock And Centennial Properties 47
8.1.9 Apr 29, 2009: Uran Identifies Additional Uranium At Armijo project, New Mexico 47
8.1.10 Apr 28, 2009: Peninsula Minerals Discovers Uranium Mineralization On Lance Project, US 48
8.1.11 Apr 24, 2009: Royal Resources Provides Drilling Updates On Egnar Prospect, US 48
8.1.12 Apr 16, 2009: Uranerz Energy Announces Leach Test Results On Doughstick And South Doughstick Properties, US 48
8.1.13 Apr 05, 2009: Cotter To Renovate Canon City Uranium Mill 48
8.1.14 Mar 26, 2009: Uranerz Energy Reports On Uranium ISR Mine Permitting Update 49
8.1.15 Mar 26, 2009: Denison Announces NI 43-101 Resource Estimate On Tony M And Southwest Deposits In Utah 49
8.1.16 Mar 24, 2009: Monaro Mining Completes Review And Assessment Of Apex Uranium Deposit, Nevada 49
8.1.17 Mar 19, 2009: Endeavor Explorations Updates On Don Lake Uranium Project In Saskatchewan, Canada 49
8.1.18 Mar 19, 2009: Strathmore Completes NI 43-101 Technical Reports For Portions Of Nose Rock And Dalton Pass Uranium Properties 50
8.2 Financial Announcements 50
8.2.1 Jun 02, 2009: FirstEnergy Provides Earnings Guidance For 2009 50
8.2.2 May 11, 2009: Uranium Resources Reports $1.4 Million Total Revenues In Q1 2009 50
8.2.3 May 05, 2009: Cal Dive Posts $12.2 Million Net Income In Q1 2009 50
8.2.4 May 04, 2009: Trico Marine Services Reports $121.8 Million Revenue In Q1 2009 50
8.2.5 Apr 30, 2009: NRG Energy Reports $198 Million Net Income In Q1 2009 51
8.2.6 Apr 29, 2009: Oceaneering International Posts $44.3 Million Net Income In Q1 2009 51
8.2.7 Apr 27, 2009: Unitil Posts $9.1 Million Earnings In Q1 2009 51
8.2.8 Apr 14, 2009: Black Hawk Reports $8,340 Net Loss In Q2 Fiscal 2009 51
8.2.9 Mar 23, 2009: Wave Uranium Reports Q2 Fiscal 2009 Results 51
8.2.10 Mar 17, 2009: FirstEnergy Declares Quarterly Dividend 52
8.3 Strategy and Business Planning 52
8.3.1 May 27, 2009: White Canyon Receives Permit To Start Mining Operations At Daneros Mine, Utah 52
8.3.2 May 20, 2009: Uranium Energy Receives Production Area-1 Draft Authorization At Goliad ISR Uranium Project 52
8.3.3 May 07, 2009: Red Basin To Explore Uranium In Catron County, US 52
8.3.4 May 06, 2009: Quaterra Alaska Receives Clearance From BLM To Explore Uranium At Grand Canyon And Kaibab Plateau 52
8.3.5 May 05, 2009: Strathmore's Roca Honda Sampling And Analysis Plan Accepted For Technical Review 53
8.3.6 Apr 20, 2009: Strathmore Receives Water Discharge Permit From NMED For Roca Honda Uranium Project 53
8.3.7 Mar 30, 2009: Neutron Energy Receives Drilling Permit For Marquez Uranium Deposit 53
8.3.8 Mar 24, 2009: NRC Accepts Areva's Application For Uranium Enrichment Facility In Idaho 53
8.4 Government and Public Interest 54
8.4.1 Jun 05, 2009: NRC Requires More Detailed Study For Proposed New In-situ Uranium Mines 54
8.4.2 May 21, 2009: Virginia Commission Approves Uranium Mining Study 54
8.4.3 Apr 13, 2009: Uranium Price Drops 1.8% For Second Week As Supply, Demand Tumble 54
8.4.4 Apr 08, 2009: Uranium Price To Remain Low Until 2014 54
8.5 Other Significant Developments 55
8.5.1 Jun 15, 2009: Geovic Mining Appoints John T. Perry To Board 55
8.5.2 Jun 11, 2009: Uranium Energy Receives Final Draft Permit For First Production Area At Goliad ISR Project, South Texas 55
8.5.3 Jun 11, 2009: Ucore Uraniums US Operating Unit To Become Rare Earth One 55
8.5.4 Jun 10, 2009: Alberta Star Files Notice Of Appearance And Request For Special Notice With US Bankruptcy Court 55
8.5.5 Jun 08, 2009: Uranium Energy Announces Dismissal Of Lawsuit Filed By Goliad County Commissioners 56
8.5.6 Jun 03, 2009: Tekhsnabexport, Exelon Sign Uranium Supply Contract 56
8.5.7 Jun 01, 2009: Uranium Resources Plans To File Petition For Churchrock Project, New Mexico 56
8.5.8 May 21, 2009: Critical Point Resources Appoints George Hennessey As New VP 56
8.5.9 May 18, 2009: USEC Announces Trade Case Settlement With Areva 56
8.5.10 May 14, 2009: Uranium Energy Appoints Mark Katsumata To Board 57
8.5.11 Apr 08, 2009: FirstEnergy Appoints Mark Clark AS EVP And CFO 57
8.5.12 Apr 08, 2009: Urex Energy To List On Deutsche Boerse Stock Exchange 57
9 Appendix 58
9.1 Methodology 58
9.1.1 Coverage 59
9.1.2 Secondary Research 59
9.1.3 Primary Research 60
9.1.4 Forecasts 60
9.1.5 Expert Panel Validation 60
9.2 Definitions 61
9.2.1 Units of Measure 61
9.3 Contact Us 61
9.4 Disclaimer 61
1.1 List of Tables
Table 1: United States, Uranium Reserves, tU, 2000-08 11
Table 2: Uranium Production from Mines in the United States, tU, 2000-08 17
Table 3: The United States, Historical and Projected Uranium Production, Tons of U, 2000-15 19
Table 4: Smith Ranch-Highland Mine, Historical and Projected Uranium Production, tU, 2000-15. 21
Table 5: Crow Butte Mine, Historical and Projected Uranium Production, tU, 2000-15. 23
Table 6: Alta Mesa Uranium Mine, Historical and Projected Uranium Production, tU, 2000-15. 25
Table 7: The United States, Uranium Mines Under Exploration 27
Table 8: Cameco Corporation,Key Facts 32
Table 9: Cameco Corporation, Key Employees, 36
Table 10: Cameco Corporation, Subsidiaries 37
Table 11: Uranium Resources, Inc.,Key Facts 37
Table 12: Uranium Resources, Inc., Key Employees, 38
Table 13: Uranium One Inc.,Key Facts 39
Table 14: Uranium One Inc., Key Employees, 41
Table 15: Uranium One Inc., Other Locations 43
Table 16: United States, Deals, Year 2004 to YTD 2009 45
1.2 List of Figures
Figure 1: United States, Uranium Reserves, tU, 2000-08 10
Figure 2: The United State's Percentage Share of Uranium Reserves, North America & World, 2008 12
Figure 3: United States Uranium production Vs. Global Uranium Production, 2008 13
Figure 4: United States Uranium Production Vs. North America Uranium Production, 2008 14
Figure 5: United States, Operable Mines Uranium Production, Percentage Share, 2008 15
Figure 6: Uranium Production from Major Mines in the United States, tU, 2000-08 16
Figure 7: United States, Historical and Projected Uranium Production, tU, 2000-15 18
Figure 8: Smith Ranch-Highland Mine, Historical and Projected Uranium Production, tU, 2000-15. 20
Figure 9: Crow Butte Mine, Historical and Projected Uranium Production, tU, 2000-15. 22
Figure 10: Alta Mesa Uranium Mine, Historical and Projected Uranium Production, tU, 2000-15. 24
Figure 11: United States, Deals Year 2004 to YTD 2009 44
Figure 12: GlobalData Methodology 58