Wyoming Governor To Uranium Miners: Bring Us Your Projects!

Were Ready: This State is in Play!

The New Face of Wyomings Uranium Mining

Part One of a Five-Part Series

Wyoming Governor Dave Freudenthal really likes the current uranium bull market, I hope the price of yellowcake stays up, and things get moving. Yes, the Wyoming democratic governor strongly endorses uranium mining in his state. That would make sense because Wyoming is the largest U.S. uranium producer. More than 40 percent of the uranium reserves in the United States are located in Wyoming, according to the reserves and resource estimate published by the U.S. Energy Information Administration (EIA). Since hitting a bottom in late December 2000, the spot price of uranium has soared by more than 500 percent, reaching a high of $38.50/pound at the end of February. The last time uranium traded this high, President Ronald Reagan was into the second month of his first term.

Unlike some states, where uranium mining is frowned upon, or banned, Wyoming welcomes the industry with open arms. Weve always sort of been comfortable with the uranium industry, Freudenthal told StockInterview.com. The uranium industry is part of our history. Its not something...