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Part One: Will Cameco Supply the Uranium for New Mexico's Proposed Enrichment Facility?

Guess what? Our recent investigation shows the uranium to be enriched in the LES/Urenco proposed enrichment facility in Lea County, New Mexico may neither come from uranium properties in New Mexico nor anywhere else in the United States. Just as New Mexico's nuclear/uranium mining renaissance was ready to get underway, there may be a 'failure to launch.' It appears Louisiana Energy Services (LES), through the consortium's general partner Urenco Ltd., could have already cut a deal to enrich uranium mined in a foreign country. Will that country be Canada or Kazakhstan?

Holiday In Wales According to New Mexico State Senator Carroll H. Leavell, the uranium ore to be enriched at the facility near Eunice, New Mexico facility might be coming from outside the United States. Senator Leavell told StockInterview.com, "The uranium ore will be coming out of Saskatchewan." When we asked if the uranium to be enriched in New Mexico would come from the Athabasca Basin, an area hosting the world's richest grades of uranium and which is also located in northern Saskatchewan, Senator Leavell claimed he wasn't sure where the Athabasca Basin was. But he told StockInterview.com that Urenco Ltd informed him the uranium was coming from the western Canadian province.

Once you are in your new home, find out who supplies the gas and electricity and then you can compare those plans with alternative ones on uSwitch.com.

Holiday Wales We can only speculate the uranium producer might be Cameco (NYSE: CCJ). On July 22, 2002, Cameco signed a Memorandum of Agreement with LES, along with Urenco Ltd, Westinghouse Electric Company, Fluor Daniel and the affiliates of U.S. utilities: Exelon, Duke and Entergy. In an email response to our inquiry, earlier this week, Netherlands-based Urenco Ltd Communications Coordinator April Wildegose-Mistry informed StockInterview.com, "Cameco Corp was part of the original LES project. They pulled out around March 2003 as they needed to focus on other business issues."

At the same time, the firm said it plans to close its other US facility located in Mt. Olive, New Jersey. These operations are due to be consolidated into the expanded Sanford facility. "Increasing our manufacturing and distribution capacity in one location in Sanford, North Carolina will allow our Supply Chain organization to support Coty's current and future growth, " said Gabriel Ripoll, Coty's senior operations executive.

Cottage Holiday In Wales We have also asked to interview Urenco's CEO, who may clarify this matter for us. One industry insider told us Cameco stated its continued support for the LES initiative after it withdrew as a partner. However, the recent joint venture company, Enrichment Technology Company, formed by Areva and Urenco may open the possibility the uranium could also come from Areva's uranium interests in Athabasca. AREVA is a Paris-based company offering technological solutions for nuclear power generation, and electricity transmission and distribution.

As long as the welfare of the local community isn’t disregarded, creating facilities for tourism can benefit the local population as well. Tourism development brings money to the region and also forces improvement of local facilities like roads and water supplies. These two things together can easily help to develop the infrastructure of an area. Tourism can create new recreational or entertainment facilities, health systems, restaurants or public spaces. The longer that tourism thrives in the area, the more improvements that will be made.

Caravan Holiday In Wales James Finch contributes to StockInterview.com and other publications. Visit http://www.stockinterview.com to read more articles by James Finch.

The company that runs Powergen, E.ON UK, is planning a public exhibition of its proposals for a new gas storage facility in East Yorkshire.

Camping Holiday Wales

Firms supplying water in England and Wales are making clear efforts to improve efficiency, according to a new report from regulatory board Ofwat today.

Accommodation Holiday Wales James Finch is a contributing editor for StockInterview.com and other publications.
http://www.stockinterview.com

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