Wyoming Politicians Regulators Eager to Fast Track ISL Uranium Mining Operations

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While other states’ politicians are wondering how to keep their voters employed, Wyoming’s mining companies are scrambling to find workers for their projects. According to Matt Grant, Assistant Director of the Wyoming Mining Association, The mining industry has at least 700 job openings right now. He added, Those are direct jobs. If you include the service industry jobs, for which there is a ratio of three service industry jobs for every direct job, then the real number is closer to 2,800.

Grant explained that an unskilled worker could start tomorrow with an annual salary of $44,000. A skilled electrician can make up to $100, 000 per year, Grant confided. Living in Wyoming isn’t expensive, and of course, energy costs are somewhat lower. Right now, Campbell County’s Chamber of Commerce, the Casper Area Development company, and Sweetwater County’s job recruiters are slugging it out to find laid off auto workers for the increasing number of job openings this state offers. As Wyoming’s Secretary of State Joe Meyers told StockInterview.com, If the companies are going to build uranium plants, tell them to bring their own workers. There’s none here.

Exelon VP Thanks Speculators for Uranium Price Rise

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We thought by now we’d heard it all. But the quote which follows, given to us in a tape-recorded telephone interview by the man who obtains nuclear fuel for the largest nuclear utility in the United States, surprised even us.

From the point of view of today’s price, they did us a favor by sending a really strong signal to the production-side community that it was time to get out there and start looking to get stuff back into production, Exelon Corp nuclear fuels vice president James Malone told StockInterview. Malone was referring to the uranium speculators and financial community, who have driven long-term uranium contracts to US$85pound and the weekly spot price to $125pound. It may not have happened as quickly without this strong signal.