Investors Chasing Uranium Mining Stocks, Again: A Favorite Emerges
March 30, 2018
Fifty years ago, uranium fever hit Wall Street. It was then just a few years after a Navajo shepherd in New Mexico, by the name of Paddy Martinez, discovered ìyellow rocksî on his property, mistaking them at first for gold. An avalanche of 1950s dollars (more valuable than the ones we have today) poured into mutual funds and uranium mining stocks, sending their values to astronomical levels. Get ready for dÈj‡ vu all over again, as Yogi Berra once said. Trend spotter, James Dines, editor of The Dines Letter, believes uranium mining stocks could become just as hot, or hotter, than the Internet stocks of the 1990s. (Editorís note: StockInterview.com interviewed James Dines on July 20, 2004, when he forecast a ìbuying panic in uranium.î Since then, spot uranium (U3 08) prices have nearly doubled. Over the past 35 years, Dines has successfully predicted mega trends in gold, internet, palladium and uranium price movements). And now investors are chasing uranium mining stocks again.
A look at industry leader, Cameco (NYSE: CCJ), which money manager Robert Mitchell called the ìSaudi Arabia of uranium,î shows a three-year gain of more than 700 percent. Over the past few years, Australian-traded Paladin Resources, skyrocketed from under a dime to over $2/share (A$). A recent Forbes magazine cover story, entitled Going Nuclear, analyzed uraniumís recent price surge, ìOne reason the price of uranium should keep escalating is that producers are only starting to ramp up to meet the strong demand. Utilities globally need 180 million pounds of uranium annually, but at this point a mere 108 million pounds are coming out of the ground.î
Why the sudden jump? A Morgan Stanley institutional report, published in December 2004, explained that through the 1990s, uranium oxide prices stayed low because surplus uranium came into the market from weapons decommissioning. That surplus inventory worked its way through the market. The Morgan Stanley analyst forecast a ìdeep supply-side shortageî of uranium, citing that new mining production hasnít yet come online to remedy the deficit. In the year-ago forecast, the uranium deficit was expected to grow to nearly 20 million pounds this year (from a surplus of 6 million pounds in 2003), and then leap to a peak deficit of more than 35 million pounds in 2006. Deficits in excess of 30 million pounds were also anticipated for 2007 and 2008. According to the Morgan Stanley analyst, $50/pound may be possible in the spot price for uranium oxide, known in the trade as ìyellowcake.î
Mining Newsletters Favor Strathmore Minerals
Whatís that mean for uranium stocks? Higher prices should be anticipated as more investors, mutual funds and hedge funds search out the best returns. While the lionís share of investment dollars is likely to chase Camecoís price higher, the robust percentage gains in that stock may have already peaked. Generally, new money searches for well-capitalized junior mining stocks with solid uranium projects in their portfolio. One of those most frequently recommended among mining newsletter writers is Strathmore Minerals Corp, trading on the Toronto Venture Exchange (ticker symbol STM.V). Prominent among Strathmoreís projects are in-situ leach mining operations proposed for Wyoming and New Mexico, plus an aggressive exploration program in the worldís richest uranium areas, Saskatchewanís Athabasca Basin (home to uranium mining giant, Cameco).
In September, letter writer Lawrence Roulston of Resource Opportunities recommended Canadian-based Strathmore Minerals (TSX-V: STM), writing, ìThe company is systematically adding value to the projects most likely to be significant in the near term, especially those with near-term production potential.î Also in September, Resource World contributing editor, Alf Stewart, wrote, ìThe two deposits Strathmore is developing were ëcherry pickedí from the inventory of Kerr McGee, largest private explorer of uranium prior to that industry grinding to a halt in the early 1980s. As these properties are largely drilled off, Strathmore may be considered more of a uranium development company than an explorer.î This past June, money manager Adrian Day recommended uranium stocks in his research report, writing, ìSo I am focusing on four main areas in uranium, with one or two buys in eachÖ top exploration companies that have the goods and are likely to bring properties into production. Strathmore Minerals, with technically strong management, lots of properties, and a strong balance sheet, is arguably the best.î
New Uranium Discovery in the Athabasca Basin?
Hereís one of the stronger reasons why investors might anticipate a strong rally in Strathmoreís share price over the coming twelve months: In a November 16th news release (http://biz.yahoo.com/bw/051116/20051116005591.html?.v=1), Strathmore Minerals announced a discrete conductor, more than 30 miles long, after completing an airborne geophysical survey on the companyís Davy Lake property, in the north central portion of the Athabasca Basin. According to the companyís news release, ìThe conductor’s profile response indicates a deep and in places, broad source.î
Virtually all the significant unconformity uranium deposits known in the Athabasca Basin are directly associated with fault structures associated with graphitic conductors. Deposits such as Key Lake, Cigar Lake and McArthur River were found by drilling electromagnetic conductors located within magnetic lows.
In an interview with Jody Dahrouge, of Edmonton-based Dahrouge Geological Consulting Ltd, he told StockInterview.com, ìEarly indications are that this conductor is similar with other known uranium deposits, graphitic conductors with magnetic lows.î On a scale of one to ten, Dahrouge rated the Davy Lake conductor a ten. ìIt is a long conductor, cut by structures, with deep depth and associated by a late fault,î explained Dahrouge. ìIt is a high quality conductor that continues to depth, and it is typical of those occurring that are associated with known uranium deposits.î Dahrouge described how the MegaTem II airborne geophysical survey was able to pinpoint the conductor as shallow as 600 meters and running deep to 1200 meters. Dahrouge made comparisons to other uranium deposits in the Athabasca Basin. ìThe Sue Deposit near McLean Lake is associated with an electromagnetic conductor that is approximately 2.6 kilometers long,î he said. ìBased on our work at Waterbury Lake, we identified an 8 kilometers long conductor associated with the Midwest Deposit(s). The ‘P2’ conductor at McArthur River is approximately 13 kilometers long. This feature was first identified in 1984, by a ground Deep EM Survey. The Shea Creek deposits, located south of Cluff Lake, are associated with an approximately 25 kilometers long conductor, known as the Saskatoon Lake Conductor.î Dahrouge added, ìThese deposits are located at depths similar to what we expect at Davy Lake.î
What is probably most significant is Strathmoreís gamble, by exploring away from the eastern parts of the Athabasca Basin, some 300 kilometers from the eastern Athabasca Basin, where the major discoveries have been made. ìIt was virtually unexplored,î Dahrouge said with excitement in his voice. ìItís really virgin ground.î While there is ample evidence suggesting multiple uranium deposits in the Athabasca Basin, other junior exploration companies are looking at the shallow parts of the eastern basin, which may not likely yield economic uranium ore. One pundit acidly questioned some of the current exploration activity in the Athabasca region, ìAre they really re-flying old ground thatís already been flown a hundred times, or are they just releasing old data to save money?î Dahrouge pointed out that the uranium appears to be running deeper for many of the newer discoveries, as he believes the Davy Lake property might hold true for Strathmore Minerals in the north central part of the Athabasca Basin.
Important features in many Athabascan uranium deposits are the cross-cutting fault zones. Dahrouge confirmed the Davy Lake conductor has cross-cutting fault zones with a sinistral (left-sided) fault about halfway along its length. According to Dahrouge, there is also a ìconductor extension which crosses the fault from west to east and ëflowsí out into a small, sub-circular magnetic low.î As with many of the Athabascan uranium deposits, which tend to be found between overlying sedimentary units and underlying basement rocks, the Davy Lake conductor fits the bill. Strathmore Mineralís president, David Miller, told StockInterview.com, ìthe 50-plus kilometer geophysical anomaly appears to indicate a basement conductor.î However, Mr. Miller tempered the exhilaration in the air, ìA geophysical anomaly does not make an ore body. These exciting initial results will be followed up with infill geophysical lines, followed by ground geophysics, followed by shallow drilling, looking for alteration. When we have narrowed the target to drill, we will pull in the big rigs and test the conductor at the unconformity.î Dahrouge remains excited about the Davy Lake conductor, and said, ìClearly this represents an excellent exploration target for unconformity type uranium deposits.
What does all that mean? It could explain why Strathmore Minerals might well be on the road to a world-class uranium discovery as further exploration more clearly defines how valuable those newly discovered conductors might become. Meanwhile, Strathmoreís New Mexico and Wyoming properties (amounting to potentially several million pounds of uranium resource) are in the preparatory phase of the permitting process. As the spot uranium price inches forward to the widely accepted short-term target above $40/pound, several of Strathmore Mineralís properties may become instantly more valuable to a utility company who will someday need the companyís uranium oxide to fuel their nuclear reactor.
Industrial Sales Down? Then You Need To Tap Into The Power Of Co-Op Advertising
March 7, 2018
Stressed out from low sales on the Internet? Can’t believe the rising cost of online marketing such as search engine optimization or pay-per-click? Is this is a problem you’re facing, one solution is Co-op advertising.
Co-op advertising is a mutual promotional arrangement between two or more non-competitive companies that share the same target market. For example, a manufacturer of bearings may develop a cooperative advertising relationship with an re-builder of engines. Or perhaps, a distributor of first aid supplies may engage in co-op advertising with a plant safety management firm. Both companies benefit from the exposure while cutting advertising expenses.
Previously, most co-op advertising relationships were between manufacturers and their distributors or the retailers that sell their products. Which usually consisted of running ads in newspapers or magazines read by their target audience. However, ever since the Web came along, there has been all kinds of co-op arrangements between companies in just about every industry.
The Perfect Co-Op Partnership
Manufacturers and distributors of industrial products share the same end user – industrial and technical buyers such as engineers, construction companies, manufacturing facilities, foundries, and other buyers of industrial supplies, equipment and machinery. Therefore, with such a vast target market, manufacturers and suppliers of industrial goods or services make the perfect co-op partnership.
Finding co-op advertising partners is usually not that difficult. After all, cutting advertising expenses is something every company would like to do, so whether your a manufacturer or distributor, or perhaps an exporter or importer, you should have no problem finding cooperative advertising opportunities. You can start by looking at your own supply chain or the companies you are currently doing business with. These are often the easiest to arrange a co-op relationship with, especially if you’re a buyer, distributor or wholesaler of their products.
Web Sites Are Ideal For Co-op Advertising
Just about all kinds of media can be utilized for co-op advertising. For industrial suppliers, however, trade magazines is still the media of choice for running coop advertisements. But quickly closing in is the Internet, which many suppliers are finding to be the most effective source for developing co-op campaigns.
Obviously, the most popular form of co-op advertising on the Internet is simply trading banners or reciprocal linking. Yet, over the last couple of years. too many people, perhaps out of greed, have ruined which was once an extremely beneficial method of building traffic. In other words, the bulk mail offers (Spam) to exchange links. In result, more people are now shying away from exchanging links and instead focus more on internal, one way links.
But if you’re serious about finding valuable co-op advertising partners online, there still are literally unlimited opportunities available. Whether it’s trading or sharing the cost of a banner or logo, text link or display ad, the possibilities are endless and only limited by your imagination.
By all means, when looking for co-op partners, think in terms of quality, not quantity. Don’t worry about page rank, that will come naturally. Just focus on developing fewer, but of higher quality co-op advertising or linking partners. Because it’s not how many co-op or banner exchanges you have developed. More importantly, it’s the value of those relationships that count. Just a handful of the right partners can dramatically increase your site’s Web presence.
Co-Op Advertising Using Adwords
I know of several companies in which Google Adwords has proven to be an extremely effective source for co-op advertising. Adwords is nearly perfect for developing, running and tracking coop ads. No other advertising system gives you the ability to access such a large audience so quickly and test your ads so easily. It’s practically designed for co-op advertising.
In fact, I can say with almost certainty, and you can quote me on this, that by the end of the year there will be noticeably more companies doing co-op advertising via Adwords. Especially if the bids for keywords continue to rise like they are, co-op advertising maybe the answer for a lot of manufacturers and suppliers of industrial products. Yes, Google Adwords.
For instance, the way Adwords is designed, it’s possible for companies to share the views of a landing page, so traffic is filtered equally between the partnering sites. Or maybe the landing page itself can display the advertising content of both companies for mutual exposure. You can even get creative and design the ad to promote both companies, or even use rotating ads.
Or if you want to get real creative, you and your coop partner can integrate your keywords and create a totally different ad that promotes both companies. Again, the possibilities are limited by creativity and your willingness to test different ideas.
Free Co-Op Industrial Advertising Network
If your company is a manufacturer or distributor of industrial products, I want to invite you to join the Free Co-Op Industrial Advertising Network. I’ve developed the network in association with IndustrialLeaders.com, and it’s quickly becoming the most popular online co-op advertising network for manufacturers and suppliers of industrial products. International manufacturers and suppliers are welcome to join free-of-charge. You can get all the details at the website below.
About The Author :
Conrad Bailey is co-founder and vice president of IndustrialLeaders.com, a Manufacturing Directory and author of the popular Co-Op Industrial Advertising Blog at: http://www.IndustrialLeaders.com/blog/
February 15, 2018
Industrial safety is important for all employees on a daily basis and working in an area without safety awareness may result in serious bodily harm or possibly even death. Industrial safety is a key factor in running a company and there are many aspects to consider when providing overall safety for your employees. You must ensure that employees have special equipment and procedures to ensure eye safety, ear safety, head protection, fire prevention and respiratory protection. Here are ways to ensure you (or your employees) are protected in each of these areas.
Eye Safety – Any injury to the eye can be very serious and possibly cause permanent eye damage to the victim. It is important to make sure your eyes are covered at all times by wearing goggles or other forms of eyewear. Make sure the goggles you are wearing provide protection around the sides of your eyes as well, otherwise flying debris may come in through the side and puncture your eye.
Ear Safety – Ear safety is important because without it, our ear drums would be severely damaged from the loud noises constantly occurring in the workplace. Ear plugs and ear muffs are the most common forms of ear protection, however there are other alternatives as well, such as disposable hearing bands. By wearing these pieces of equipment, you are not only protecting yourself from loud noises, but also from flying debris which may enter the ear and possibly cause infection.
Head Protection – Protecting your head is easy and can end up saving you a lot of pain if an unwanted situation does occur. Wearing protective head gear can be as simple as putting on a helmet or hard hat before entering a location where there may be falling objects. Head injuries may result in brain damage, but you can significantly decrease the chance of serious injury by wearing head protection.
Fire Prevention – Working in an industrial area means that there is always a possibility that a fire may occur. If a situation like this arises, you will want to be prepared and the best way to do so is by having a fire extinguisher on hand at all tomes. Fire extinguishers are the best way to eliminate or control fires until the fire department arrives.
Respiratory Protection – Working in an area in which the air is constantly filled with pollutants can be dangerous and may ultimately result in serious respiratory problems for individuals working in these areas. A simple way to protect yourself from poor air quality is to wear a respiratory mask when working in these areas. Wearing a face mask can greatly decrease your chances of suffering from respiratory problems in the future.
Other Safety Wear – Other forms of safety wear which are critical in industrial areas include work boots and gloves. These are important in areas which you will have hands-on contact with dangerous equipment or areas where you may possibly drop the equipment onto your feet.
It is important to research and follow all safety rules when working in an industrial area. Everything can change in a split second and you want to ensure you are as prepared as possible for any situation which may arise.
Sentence Summary: This article discusses safety issues regarding industrial companies and ways to ensure the safety of individuals working in these areas. Safety equipment and safety wear are also discussed.
How Did ISL Uranium Mining Begin?
January 21, 2018
It’s time to rewrite the history books. In Situ Leach Mining (ISL), or Solution Mining, was not first commercially started in Bruni, Texas in 1973 by Westinghouse, a consortium of oil companies and others. The birthplace of ISL was never South Texas, as some have claimed. It was begun in Wyoming, about 16 years before an ISL operation was started in Texas. Why there has been a whitewash over the true history of ISL is not our concern. This series is an in-depth investigation into how and why ISL mining came about, how it has been tested over a period of nearly 50 years, and why this type of uranium mining will play an important role in providing U.S. utilities with the raw fuel to power nuclear reactors for the next few decades.
In this modern era of uranium mining, extremely skilled engineers, hydrologists and geologists establish ISL mining operations. Most insiders compare an ISL operation to a water treatment plant. Itís really that simple to understand. However, as with every modern industrial operation, the roots of ISL mining came about in a less genteel or sophisticated manner. In 1958, Charles Don Snow, a uranium mining and exploration geologist employed by the Utah Construction Company, was investigating a Wyoming property for possible acquisition for his company. During the course of that visit, he discovered a new method of uranium mining and helped pioneer its development into the modern form of ISL.
Since 1957, R.T. Plum, president of Uranyl Research Company, had been experimenting with a leach solution on his property at the Lucky June uranium mine. ìThey mixed up the sulfuric acid solution and just dumped it on the ground, and soaked it through the material and collected it in a little trench at the end,î Charles Snow told StockInterview. It wasnít very scientific. Snow added, ìThey were just learning how, and I observed it and thought that the application could be made through some of the ore that we had in the Lucky Mc mine.î The company was mining uranium this way because it was below the grades miners were used to, when mining. As Snow noted, ìIt was not worth mining.î But it was practically at the surface. He explained what they were doing at the Lucky June, ìThere was an area where uranium leached out to the surface in a small area, and it had a clay under-bed. These people put solutions onto the surface, collected the solution, and ran it by resin beads to absorb the uranium.î
While they only recovered about $3600 worth of uranium, roughly 600 pounds, Snow was impressed. He later wrote an inter-office memorandum in July 1959, with the subject header: ìRecovery of Uranium from Low Grade Mineralization using a leach in place process.î In his conclusion, Snow recommended, ìFrom the preliminary information available, it appears that it will be possible to treat very low grade mineralization for recovery of uranium at a large net profit.î He explained the process to his bosses, encouraging them to consider this as an option:
ìIn brief, the process introduces a leach solution onto the surface of the ground and allows the solution to percolate down through the area to be leached. The solution is then recovered from wells and circulated through an ion exchange circuit with the barren solution being returned to the leach area. Recovery of the uranium is made by stripping from the ion exchange medium.î
He wanted the Utah Construction Company to try this method of mining where there was low grade mineralization. Snow succeeded in convincing his bosses. That began yet another innovation for Utah Construction Company, the same company which helped construct the Hoover Dam, decades earlier, before it got into the uranium mining business.
Utah Construction Becomes the
First Commercial ISL Miner
Newspaper reports, through the 1960s, illustrate that ISL mining was in full bloom more than a decade before anyone in Texas began a commercial ISL operation. On June 18, 1964, the Riverton Ranger newspaper reported, ìThe Shirley Basin mine is on a standby basis. The timbers are being maintained and the water pumped out. Total production comes from solution mining.î Between 1962 and 1969, ISL was the only method producing uranium at Utahís Shirley Basin Wyoming. Later in that same article, under the section entitled, ìGas Hills Solution Mining,î it was reported, ìThe Four Corners area is ëminedí by solution mining techniques similar to those employed at Shirley Basin.î Credit for this new mining method is also reported in that same article, ìLucky Mc introduced the heap leach process of recovering values from low grade ores in 1960.î
Charles Snow explained how his company made the transition from underground mining to solution mining, ìThe underground mining at Shirley Basin was very expensive, and we were having a lot of heavy ground problems.î The sandstone aquifers containing the uranium were uncemented and brittle, supported with timbers. ìIn some places, it was too heavy to hold with timbers,î said Snow. ìWe had to use steel sets underground, and it was even mashing the steel sets. So the expenses were getting very high.î
Water was flowing into the open drifts at prodigious rates. Snow recalled, ìBarney Greenly said, ëLetís try solution mining over here.í They did a test, and it did operate quite well. They got some pretty good results. So the underground mine was shut down, and they went to a solution-mining program to produce the allocated pounds in the Shirley Basin area.î The procedure was tested for a few years before a full-scale commercial production began. This fulfilled 100 percent of Utahís Shirley Basin uranium production allotment from the AEC.
There were problems at first. ìWe started out initially using sulfuric acid, and we had some reaction with carbonates in the formation.î Sulfuric acid plus calcium carbonate produces calcium sulfate, and this plugged up the formation. Calcium sulfate is gypsum, which was insoluble in the leach solution. ìIt tended to plug up the formation and reduce the transmissivity of the fluid from the input hole to the output recovery hole.î
To prevent interference with the porosity of the formation, Snow switched to nitric acid, but admitted, ìWe were reluctant to use nitric acid because it was much more expensive than sulfuric.î But they did, because the nitric acid solution did not form gypsum. Unlike present-day ISL methods used in Texas, Nebraska and Wyoming, Utah Construction did not use a carbonated leaching solution in their solution mining. Nitric solution was used during the 1960s and continued until the Lucky Mc switched over to open pit mining.
It all started as a heap leach experiment. ìWe had quite a bit of low grade in Lucky Mc,î Snow told us, ìso we thought we would try a heap leach experiment.î Results were good on the test, and Utah pioneered ISL mining. Snow wrote in an August 2, 1960 memo, ìThe favorable results of the heap leach project and other research indicate that the process can be successfully applied in many of the low-grade areas to recover much of the mineralization.î Later in his report, Snow calculated reserves from random samples obtained from previous drilling at Lucky Mc, ìThe estimated reserve for the block is 147,000 tons @ 0.0361 percent U3O8, or 106,616 pounds of U3O8.î He estimated the program would cost $111,471. Using a value of $6/pound for U3O8, the anticipated returns were calculated as follows:
50 percent recovery: 53,318 pounds: $208,377
25 percent recovery: 26,654 pounds: $ 48,453
That was just the start. By the end of the decade, Shirley Basinís solution mining operation was producing U3O8 at comparable levels to present day production at any of the major U.S. ISL facilities. In a paper presented by Ian Ritchie and John S. Anderson, entitled ìSolution Mining in the Shirley Basin,î on September 11, 1967, at the American Mining Congress in Denver, Colorado, these Utah International executives explained the success of the Shirley Basin solution mining operation. In a summary explaining the companyís activities, we discovered the Shirley Basin operation not only filled the Atomic Energy Commission (AEC) allocation requirements from 1962 through 1969 but we learned of the sizeable commitments into the future Shirley Basin was to fill:
ìIn 1968 sales of uranium concentrate were made to purchases other than the AEC. One of the first sales was to Sacramento Municipal Utility District with a minimum of 950,000 pounds to a maximum of 1,100,000 pounds of uranium concentrate in 1971. Additional contracts were signed with General Electric Company and with Nordostschwerzerische Kraftwerke A.G. (Baden, Switzerland). The contracts called for delivery of 8,000,000 pounds of concentrate to GE between 1968 and 1975, and 500,000 pounds of concentrate to NOK commencing in July 1969.î
The single reason solution mining stopped, well before the first ìcommercialî ISL operation began in Bruni, Texas in 1973, was because of the improved market forecast for uranium in the 1970s. Utah Construction switched to open pit mining because they needed to produce a lot more uranium. The nuclear renaissance of the 1970s demanded massive quantities of uranium to fuel the rapidly growing nuclear power industry.
Don Snowís initial field tests, begun in the late 1950s, resulted in continuous production achieved by late 1962. Subsequently, production in the underground uranium mine was shut down by May 1962. The underground mine was maintained in a standby condition until 1965, when all underground operations were written off. Millions of pounds were mined by Utah Construction through its ISL operations in Shirley Basin. It wasnít heap leaching.
Sufficient evidence confirms that Wyoming, not Texas, first pioneered commercial ISL mining. Not only were well fields designed as early as 1960, but the entire concept of an ISL ìwater treatmentî plant can trace its roots to Utah Constructionís pioneer work. Everything from injection wells to production wells were pioneered in the early 1960s. We challenged Charles Don Snow that some have claimed it was heap leaching, not ISL mining. Snow shot back, ìNo, we drilled holes in the ground and the material had never been mined. We got our ideas, certainly, from heap leaching, which came from the copper industry.î Snow explained that after the solution mining experiment was successful, ìA recovery plant was designed and put into the hoist house, where they had had the underground mine. That was designed by Robert Carr Porter and Ian Ritchie.î Snow added, ìIn fact, Ian Ritchie and J.S. Anderson have a U.S. Patent on the well completion procedures that we used at Shirley Basin.î
Snow pondered if his friend Jack Bailey may have exported the ISL technology to Texas. ìJack Bailey was the Shirley Basin project manager for the underground mine when we switched over to solution mining,î Snow said. ìHe later went to work for Chevron, and Chevron had operations in Texas. I believe they even experimented with solution mining. Now, whether or not Jack was directly involved, I donít know.î As it is with history, many of the old-timers are gone. We were told Jack Bailey had had a stroke a number of years back, and did not trace this further. There may have been others. ìSome of the people from that area (Shirley Basin) had gone to Texas,î Snow recalled. ìThere is documentation, it was published information, and a lot of people who went to Texas, came from the Wyoming area. So, Iím sure there wasnít a paucity of information being transferred.î Ironically, the Westinghouse-led consortium, which included U.S. Steel and Union Carbide, among others, was called Wyoming Minerals. Now we know exactly why they chose that name.
While there have been a number of ISL operations built and operated in Texas, there may be little future for uranium mining in that state, unless there are new discoveries. By a few, Texas has been inaccurately called the ìhome of ISL mining.î Perhaps that came about because ISL operations continued, during the uranium depression of the past two decades, with small amounts of production occurring in Texas. According to Energy Information Administration figures published in June 2004, uranium reserves in Texas stand at 23 million pounds of U3O8 based upon $50/pound uranium. By comparison, Wyoming and New Mexico reserves, using that same benchmark, reach as high as 363 million and 341 million pounds, respectively.
This may explain the rush by junior exploration companies, such as Strathmore Minerals (TSX: STM; Other OTC: STHJF), Energy Metals Corporation (TSX: EMC), UR-Energy (TSX: URE), Uranerz Energy (OTC BB: URNZ), Kilgore Minerals (TSX: KAU) and others, to Wyoming. The large quantities of pounds are in Wyoming, not Texas. It may also explain why Uranium Resources (OTC BB: URRE) has looked beyond Texas into New Mexico to develop its ISL operation, and Strathmore Minerals has quickly been advancing through its permitting stage on one of its properties in that state. It is fitting that the big past uranium producing states may again become tomorrowís leading U.S. producers. In any event, the entire world of ISL mining owes a debt of gratitude to Charles Don Snow for his pioneering efforts in bringing a heap leach experiment into full fruition as modern-day in-situ mining.
Finding Industrial And Technical Buyers On-line
December 28, 2017
Internet marketing strategies for manufacturers and industrial suppliers that want to generate more sales and increase marketing ROI
By Conrad Bailey
If your company sells industrial products or services, one thing is for certain, you should be using the Internet as a marketing tool to reach your target audience. After all, over 87% of engineers and other industrial buyers report using the Internet on a regular basis to find the products, services and solutions they need. The manufacturers and suppliers that know how to effectively reach these ready to buy prospects through effective marketing programs are the ones making the most profit from the Internet.
However, reaching qualified buyers, at the right time, is becoming increasingly difficult as more manufacturers and other industrial suppliers join the on-line marketplace. The competition has become so intense for certain products and services, many companies are beginning to doubt the Internet as being a profitable marketing tool.
Even programs that use to be extremely profitable for a lot of manufacturers, such as pay-per-click, lacks the clout it use to have in the eyes of a lot of industrial suppliers. Most of them blame it on the competition. But that is not really the problem. The real problem is the company’s inability to adapt to a constantly changing marketplace. And unquestionably, no marketplace changes faster or more frequently than the Internet.
Increase Your Marketing Channels
Relying on pay-per-click, search engines, banner ads or your Web site is not enough. You have to versify your entire marketing approach in order to compete on the Internet today, as well as in the future. If you expect the major search engines to be your Web site’s main source of traffic, you are relying too much on one marketing channel. You must increase those channels to generate traffic from multiple sources all over the Internet. The Web site’s that are most versatile in terms of marketing, will develop the strongest competitive advantage possible over their competitors.
Probably the single biggest reason why most manufacturers do not versify their marketing is they prefer to keep things simple. So they invest most of their marketing dollars in one or two programs, and overlook smaller traffic sources that could significantly increase their ROI.
Indeed, keeping it simple is certainly an ideal approach, but it does not mean you have to limit your marketing channels. The key is to find smaller, more flexible search engines, directories or portals that reach your target audience. You can and still should utilize the major search engines to promote your site. Just don’t overlook the others just because their too small to work with. Together they can generate much better results than any single source, no matter how big. Moreover, the competition will be a lot less, so the ROI will be significantly improved.
Finding Marketing Channels That Work
Obviously, not all marketing opportunities are equally effective. You want to find marketing plans or programs that are simple to utilize, measurable, and of course profitable. No matter what audience you are trying to reach, there are dozens, perhaps even hundreds of Web site’s that are ideal marketing channels to promote your company. Don’t make the mistake of ignoring a site just because of its small audience. You need to look at the whole picture and see the real value of these sites.
As I mentioned earlier, most leading manufacturers don’t even bother with advertising on Web sites that reaches just a small fraction of their target audience. Yet, these smaller sites offer by far the greatest profit potential. Consider not only the excellent advertising value these sites usually offer, but also the enormous potential they often have to reach even more of your prospects in the near future. After all, as their visitors and audience increases, so will your ROI due to several reasons.
A significant advantage of advertising on smaller Web sites is the relationship factor. Imagine being the original advertiser on a Web site that once had a small audience but now reaches millions of your prospects. There will certainly be perks. I know myself I will not forget the original advertisers of my own site. Their support was vital to my Web site’s success and I make sure these companies are rewarded with exclusive advertising benefits.
Internet Advertising and Marketing
Everybody on the Internet today has their own opinion about which advertising or marketing methods are best. Many swear by text link advertising and search engine optimization. Others like pay-per-click or opt-in email. And there are many manufacturers that still prefer banner advertising, most likely for branding purposes. But who cares what works for somebody else? All that really matters is making it work for your company – period.
Different Web sites offer different advertising opportunities. Some sites will only accept banner ads while others will only present text link ads. Then there are directories or search engines that may even accept both. The point is, if the terms are right, then you must be flexible and be willing to advertise in the manner these sites require. Again, all that matters is reaching your target audience while increasing ROI. Whether it be via a banner advertisement, text link, featured listing, or whatever.
Yes, it will take some serious time and effort to find the right marketing channels and advertising opportunities. But the benefits are certainly worth it if you are responsible for marketing or increasing traffic to your company’s Web site.
Just look at the whole thing as if your building a chain one link at a time with each link strengthening the entire system the bigger and longer the chain gets. This chain will undeniably result in a flood of ongoing traffic from multiple sources that will consistently increase your site’s visibility and competitive advantage on the Internet.
In contrast, your competitors will be limited to the one or two big marketing channels they rely on for 90% or more of their Web site’s traffic and perhaps their survival. They will be constantly subjected to price increases, growing competition, and ironically the need to find other marketing channels.
About The Author :
Conrad Bailey is co-founder and vice president of http://www.IndustrialLeaders.com,
an Industrial Supply Trade Portal for engineers and other industrial & technical buyers.
Commercial & Industrial Work Tables
December 7, 2017
Creating an environment that offers operators the most comfortable and ergonomic working positions encourage higher levels of productivity, and minimize the risk of injury within the workplace. By utilizing adjustable and tilting work tables throughout the working area, production staff will be able to enjoy much better access to the jobs they are involved in, have more control over the items that they are using, and be able to carry out tasks much more quickly as a result.
The latest generation of adjustable ergonomic work tables features precise mechanisms that allow for the best possible access to the subject being worked on. With sturdy construction and the use of only the highest quality components throughout the design, these tables are intended to be hardwearing and reliable. Able to carry relatively heavy loads of up to 300 pounds depending on the design, and offering rotation and tilting thanks to easy to use controls, these work tables are practically essential for efficient work.
The most heavy duty adjustable work stands offer a range of heights, from around 31 inches up to a maximum of 42 inches. This allows for excellent access to the 4 square foot work area from a variety of different angles, and is complemented by a tilting top that ranges from completely flat up to a maximum angle of 30 degrees. A sturdy 3 inch lip ensures that items are not able to roll off the table when in use. These heavy duty work tables weigh in at 120 pounds, and are fully adjustable with a pair of easy to use hand cranks.
The lighter version of the stand has a smaller top measuring 22 inches by 21 inches, and is slightly lower, although it will tilt up to 45 degrees. With a capacity of up to 150 pounds and fully locking polyurethane casters, it is ideal for use in a modern working environment.
All the stands come finished in high quality protective powder coating to ensure a long life, and are constructed fully out of high quality components throughout.
The next generation of adjustable ergonomic work tables is now available, and these new models feature a high powered set of linear actuators that control; the height and angle of the work surface at the touch of a button. This new version of the heavy duty stand boasts all the same features of the manually powered version, but users will find that it is easier to use and will generally improve the work rate thanks to its much faster and more precise operation.
If you are genuinely serious about creating a modern workplace where the latest advances in ergonomics are used in order to improve the way in which staff work, then these high quality work tables should be high on your list of priorities thanks to the way in which they improve the accessibility of materials, and offer a more comfortable and efficient working position for staff.
All in all, the ergonomics of a workplace have an enormous impact on the efficiency of staff, and anything that can be done in order to boost the ease with which workers can carry out their tasks will be of enormous benefit to the business thanks to quicker turnaround times, and a higher standard of work carried out thanks to the best possible access and mobility from a flexible working environment enabled by scissor lifts.
Blower Fans And Industrial Fans
October 23, 2017
Blower fans and industrial fans are systems that provide air and gas movement in ventilation and circulation applications. Blower fans and industrial fans are used to stir up the air in cooling applications and to replace stale or contaminated air with fresh air in ventilation applications. Blower fans and industrial fans are used in numerous drying and cooling applications in almost every industry. Some of the industries that utilize blower fans and industrial fans are the agricultural, chemical, medical, oil/ gas, automotive, food processing, mining and construction industries. Industrial blower fans and industrial fans are used to reduce heat levels in factory operations, reduce moisture in bathrooms, greenhouses, gyms and spas, and reduce smoke and odors in cooking and processing applications and to control gaseous fumes.
Designs, Materials And Mounting:
Blower fans and industrial fans consist of one of two main designs: radial industrial blowers and axial industrial blowers. Air current is generated from circulating blades of the blower fan that direct flow based on the designs mentioned (radial or axial). There are different types of blower fans and industrial fans that are manufactured using materials such as plastic or metal or a combination of both.
The variance in the size of blower fans and industrial fans can be immense. Some units are mounted into the framework of an environment along with vibration absorbent brackets that house both the industrial fans themselves and their power supply. The sizes of the units are also largely dependent on the size of the environment in which the blower fans or industrial fans are used. Portable blower fans and industrial fans are also available for use in spaces that require temporary circulation or air transfer, such as construction sites or during cleanup of spills or water damage.
Uses Of Blower Fans And Industrial Fans:
Blower fans and industrial fans provide numerous benefits in the industrial applications in which they are used. Blower fans and industrial fans offer health benefits through the reduction of odors, air pollution, contamination and smoke. They provide environmental benefits through a decrease in heat and humidity levels, and are available in a wide number of configurations that vary in from airflow direction to speed. While choosing a blower fan or industrial fan, one should consider industrial application, environmental conditions, pressure levels and surface areas.
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