IN OTHER NEWS:

28 october 2014

David Del Vecchio, currently vice president of project management at CB&I Areva MOX Services LLC, will take over the position of president and project manager at the company from Kelly Trice, who will remain presidnet of CB&I Project Services Group but also becomes the new senior vice president of CB&I’s power division. Gilles Rousseau, currently executive vice president and deputy project manager for CB&I Areva MOX Services, will take over the responsibilities of chief operating officer for the project.

Australian company Wildhorse Energy is to cease all its operations in Hungary including the Mecsek Hills uranium project, citing a lack of progress and high ongoing project costs. Wildhorse had been looking into restarting uranium mining at Mecsek in a joint venture with Mecsekérc and Hungary Electricity Ltd, and was also developing an underground coal gasification project in the same region. The company will now focus on exploration and development at its Golden Eagle uranium and vanadium project in Colorado, USA.