| Another core competency is underground mining. "I | | | | management jobs in mining companies." |
| think the majority of the deposits we are looking at | | | | His biggest concern may be recruiting labor. "We |
| are underground," Froneman explained. "There is | | | | have to find the people to do the underground |
| some open pit potential. Of course, that is a skill that | | | | work," Froneman told us. "That is going to be a |
| we have. Most of the prospectivity that we are | | | | challenge, but I do believe it'll change." Our |
| looking at is underground." | | | | investigation, this past winter in Wyoming, discovered |
| Make no mistake about the company's plans. SXR's | | | | SXR may have to compete with Wyoming's coal |
| Chief Executive is a strong advocate for conventional | | | | mines and others for workers. We reported |
| uranium mining. "The growth is really going to come | | | | Wyoming's Secretary of State Joe Meyer advising |
| through underground and open pit mining," Froneman | | | | uranium companies to bring their own workers. In our |
| revealed. "As the uranium price goes up, the | | | | Wyoming Series Part 2 Meyer said, "We have an |
| resources that become available are mainly in the | | | | incredible shortage of construction workers right now. |
| open pit and underground environment." Again, he | | | | Construction projects are coming in 35 to 40 percent |
| politely derided non-conventional mining, "In fact, | | | | overbid, because there is so much work, no one can |
| actually ISR (resource recovery) decreases." | | | | handle them." Wyoming Mining Association spokesman |
| Unabashedly, Froneman boasted, "We are proud of | | | | Matt Grant echoed those remarks, explaining how |
| being underground miners. It's a skill we've developed | | | | various chambers of commerce and other civic |
| over many years." When we explained that local and | | | | groups were trying to recruit unemployed automobile |
| county officials in Grants, New Mexico were more | | | | workers from as far away as Flint, Michigan. |
| eager for the jobs underground and open pit mining | | | | COPYRIGHT © 2007 by StockInterview, Inc. |
| would create, Froneman responded, "I do think it will | | | | ALL RIGHTS RESERVED. |
| come back, and of course, people always want the | | | | |