Uranium Resources does not expect to return to production in Texas in 2011 given current uranium pricing, unfavourable sales contracts and less than lucrative resources that are available.
Uranium Resources made the statement in its 2011 first quarter update on Thursday.
Instead the company is focused on reclamation activities in Texas since its two remaining operating wellfields were fully depleted in June 2009.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.