RegulatoryJul 7, 2026, 08:32 AM
Anfield Energy Receives ATF Blasting Permits for Utah & Colorado Mines
AI Summary
Anfield Energy Inc. announced it has received blasting permits from the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for its mines in Utah and Colorado. This regulatory milestone allows the company to initiate drilling and blasting at its Velvet-Wood project in Utah, transitioning to active underground mining operations. The permits also position Anfield to begin mining at its JD-8 mine in Colorado later this year, with the Velvet-Wood mine expected to return to production by the end of 2026.
Key Highlights
- Received ATF blasting permits for Utah and Colorado mines.
- Permits enable initiation of drilling and blasting at Velvet-Wood project.
- Positions company to commence mining at JD-8 mine in Colorado later this year.
- Marks transition from rehabilitation and surface preparation to active underground mining.
- Velvet-Wood mine expected to return to production by the end of 2026.
- Contributes to national effort to expand domestic nuclear capacity and strengthen U.S. energy security.
Price Impact
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