Uranium developer Peninsula Energy has suspended all non-essential site activities at its Lance uranium project, in Wyoming, amid the Covid-19 pandemic.
“The Covid-19 pandemic has lead to considerable global uncertainty and equity market volatility. However, we are committed to both carrying the company through these challenging times and ensuring we are well prepared on the other side to resume our core activity of producing uranium for the US domestic and global markets,” said Peninsula MD and CEO Wayne Heili.