BLM's Lost Creek Record of Decision to be Reviewed
Published : November 13, 2012
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Keywords :   Canada | Recovery | Uranium |

BLM's Lost Creek Record of Decision to be Reviewed

LITTLETON, Colo., Nov. 13, 2012 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") advises that the Company has become aware that a petition for review has been filed in U.S. District Court by a Wyoming-based conservation group regarding the United States Bureau of Land Management (BLM) Record of Decision for the Company's Lost Creek ISR Project where construction is proceeding.


The BLM decision was the final step in a process that involved a host of federal and state agencies, years of evaluation and multiple opportunities for public participation. "Filings such as this following a federal agency decision are common practice in today's legal landscape", noted Ur-Energy's Chief Executive Officer Wayne Heili. "We anticipate that the United States will vigorously defend BLM's decision making process and Record of Decision. Further, Ur-Energy will take all appropriate steps to ensure that our interests are fully represented in the proceedings".

Ur-Energy initiated construction activities at the fully permitted Lost Creek Project site in early October 2012 following the receipt of the Record of Decision. Significant progress has made on the completion of the plant foundation, site earthwork, main access roads, fencing and power lines. Work is continuing on the plant construction and with the development of the first mine unit.

About Ur-Energy
Ur-Energy is a junior uranium mining company currently constructing its first in-situ recovery (ISR) uranium mine in south- central Wyoming at its fully licensed and permitted Lost Creek project. The Lost Creek processing facility will have two million pounds per year capacity and is anticipated to be in production mid-year 2013. Ur-Energy engages in the identification, acquisition, exploration and development of uranium projects in the United States and Canada. Shares of Ur-Energy trade on the Toronto Stock Exchange under the symbol "URE" and on the NYSE MKT under the symbol "URG". Ur-Energy's corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy's website is


Rich Boberg, Director, IR/PR

Wayne Heili, President and CEO





This release may contain "forward-looking statements" within the meaning of applicable securities laws regarding events or conditions that may occur in the future (e.g., timing and outcome of the challenge to the BLM Record of Decision)) and are based on current expectations that, while considered reasonable by management at this time, inherently involve a number of significant business, economic and competitive risks, uncertainties and contingencies. Factors that could cause actual results to differ materially from any forward-looking statements include, but are not limited to, capital and other costs varying significantly from estimates; failure to establish estimated resources and reserves; the grade and recovery of ore which is mined varying from estimates; production rates, methods and amounts varying from estimates; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; inflation; changes in exchange rates; fluctuations in commodity prices; delays in development and other factors. Readers should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are based on the beliefs, expectations and opinions of management as of the date hereof and Ur-Energy disclaims any intent or obligation to update them or revise them to reflect any change in circumstances or in management's beliefs, expectations or opinions that occur in the future.

SOURCE: Ur-Energy Inc.

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ISIN : CA91688R1082
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UR-Energy is a uranium development stage company based in United states of america.

Its main asset in development is LOST CREEK in USA.

UR-Energy is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 132.7 millions as of today (US$ 102.2 millions, € 87.7 millions).

Its stock quote reached its highest recent level on February 23, 2007 at CA$ 5.29, and its lowest recent point on October 17, 2008 at CA$ 0.34.

UR-Energy has 145 870 000 shares outstanding.

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Annual reports of UR-Energy
2007 Annual report
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2/7/2011Announces CAD$30,000,000 Bought Deal Common Share Financing
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5/17/2011Announces the Appointment of Wayne Heili as President and CO...
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10/29/2013Reports Third Quarter 2013 Results
3/1/2013Reports 2012 Financial Results
10/31/2012Reports Third Quarter 2012 Results
4/29/2011Reports First Quarter 2011 Results
11/3/2009Announces Third Quarter 2009 Teleconference and Webcast
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10/5/2012(Lost Creek)Lost Creek Project Now Fully Permitted Receives Record of ...
8/29/2011(Lost Creek)Progresses With Permitting of Lost Creek Project
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2/25/2011(Lost Creek)Releases Amended Preliminary Assessment on Lost Creek
1/12/2011(Lost Creek)Receives Draft NRC License for Lost Creek ISR Project
1/6/2011(Lost Creek)Delineates Deeper Resources at Lost Creek
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6/1/2015May 29, 2015: Ur-Energy Reports Results of Annual and Specia...
5/29/2015Reports Results of Annual and Special Shareholders' Meeting
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5/6/2015Ur-Energy Announces Increase to Mineral Resource Estimate fo...
5/4/2015May 4, 2015: Ur-Energy Releases 2015 Q1 Results
5/4/2015Ur-Energy Releases 2015 Q1 Results
4/13/2015Provides 2015 Q1 Operational Results
4/10/2015April 10, 2015: Ur-Energy Announces Management Changes
4/10/2015Ur-Energy Announces Management Changes
3/2/2015March 2, 2015: Ur-Energy Releases 2014 Year End Results
3/2/2015Ur-Energy Releases 2014 Year End Results
1/28/2015Ur-Energy Completes Preliminary Economic Assessment on Shirl...
1/28/2015Completes Preliminary Economic Assessment on Shirley Basin P...
12/2/2014December 1, 2014: Ur-Energy to Present at the LD Micro Confe...
12/2/2014Ur-Energy to Present at the LD Micro Conference on December ...
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11/20/2014November 20, 2014: Ur-Energy Completes Final Delivery on Its...
11/20/2014Ur-Energy Completes Final Delivery on Its 2014 Sales Contrac...
11/20/2014Completes Final Delivery on Its 2014 Sales Contracts
11/7/2014Ur-Energy to Present at the Cowen and Company 5th Annual Glo...
11/6/2014November 6, 2014: Ur-Energy Announces R.A.F. Penrose Gold Me...
11/6/2014Ur-Energy Announces R.A.F. Penrose Gold Medal Awarded to Jam...
11/3/2014November 3, 2014: Ur-Energy Releases 2014 Q3 Financial Resul...
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9/5/2014to Present at the Fourth Annual Euro Pacific Global Investme...
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4/22/2014Provides 2014 Q1 Operational Results
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12/4/2013(Lost Creek)Ships First Production from Lost Creek
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8/28/2013Closes US$15,000,000 Loan Facility
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6/17/2013Set to Join Russell 3000 Index
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3/4/2013(Lost Creek)Court Denies Petitioner's Request to Stay Ur-Energy's Lost C...
12/4/2012(Lost Creek)Lost Creek Update
11/13/2012(Lost Creek)BLM's Lost Creek Record of Decision to be Reviewed
2/1/2012Announces $15 Million Private Placement
1/23/2012Enters Into New Uranium Sales Agreement
8/17/2011Announces Receipt of Final NRC License
7/20/2011Announces Start of 2011 Drilling Program
6/19/2011Set to Join Russell 3000 Index
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12/22/2010LC South Drilling Program Defines Additional Uranium Roll Fr...
12/3/2009Approval of Lost Creek Development Plan by Sweetwater County
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10/20/2009 Realizes US$1,000,000 Value From Sale of Historic Database
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6/11/2007Forms Bootheel Project, LLC With Target Exploration & Mining
6/7/2007Prepays Promissory Note
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