In what it describes as an "unplanned event", the company has revised downwards this year's expected production for its Canadian uranium mining operations, citing equipment reliability issues at Cigar Lake and continued uncertainty over planned production at Key Lake as it ramps up after a lengthy period in care and maintenance.
Uranium & Fuel 04 September 2023
Peninsula Energy says it expects to commence uranium production at its flagship uranium project in Wyoming at the end of 2024 under a newly released revised Life-of-Mine plan which features a new on-site recovery plant.
Uranium & Fuel 01 September 2023