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Wild Horse is an Australian-based, international uranium company focused on the development of supplies to the United States and Europe. The company aims to have uranium production by 2010 from its projects in the United States and Central Eastern Europe. Besides, the company has a portfolio of development and exploration projects, amongst others in South America. WildHorse primarily identifies and selects projects suitable for in situ recovery (ISR) uranium mining.
Uranium is a chemical element with symbol U and atomic number 92. It is a silvery-grey metal in the actinide series of the periodic table. A uranium atom has 92 protons and 92 electrons, of which 6 are valence electrons. Uranium is weakly radioactive because all isotopes of uranium are unstable, with half-lives varying between 159,200 years and 4.5 billion years. The most common isotopes in natural uranium are uranium-238 and uranium-235. Uranium has the highest atomic weight of the primordially occurring elements. Its density is about 70% higher than that of lead, and slightly lower than that of gold or tungsten. It occurs naturally in low concentrations of a few parts per million in soil, rock and water, and is commercially extracted from uranium-bearing minerals such as uraninite.
Wildhorse owns and operates two uranium mining sites in the US (Wyoming): Bison Basin Project and Sweetwater Project; Four sites in Hungary: Pécs Project, Bátászék Project, Dinneyeberki Project and Máriakéménd Project; One project coming up in Poland (Sudetes Mountains) and one uranium mining concession in Paraguay: Paraná Basin.
Uranium mining is the process of extraction of uranium ore from the ground. The worldwide production of uranium in 2015 amounted to 60,496 tonnes. Kazakhstan, Canada, and Australia are the top three producers and together account for 70% of world uranium production. Other important uranium producing countries in excess of 1,000 tons per year are Niger, Russia, Namibia, Uzbekistan, China, the United States and Ukraine. Uranium from mining is used almost entirely as fuel for nuclear power plants.
The Sudetes are a mountain range in Central Europe. They are the highest part of Bohemian Massif. Stretches from the Saxon capital of Dresden in the northwest, to the Głubczyce plateau in Poland and to the Ostrava Basin and Moravian Gate in the Czech Republic in the east. Geographically the Sudetes are a Mittelgebirge with a some characteristics proper of high mountains. Its plateaus and subtle summit relief makes the Sudetes more akin to mountains of Northern Europe than to the Alps.