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Anfield Energy submits amended permit for Colorado uranium mine restart

April 8, 2026 7:02 AM

Anfield Energy Inc. (NASDAQ: AEC) submitted a permit amendment for the restart of its JD-8 uranium and vanadium mine in Montrose County, Colorado, according to a company statement.

The company addressed comments from the U.S. Department of Energy and Colorado Division of Reclamation, Mining and Safety regarding its Plan of Operations submittal. The JD-8 Mine remains on schedule for potential approval and mobilization in mid-2026, with targeted production restart in the second half of 2026.

The permit amendment builds on Anfield's initial Plan of Operations permitting application submitted to DRMS on November 19, 2025, which received an initial completeness determination on December 22, 2025.

As part of the amendment, the JD-7 mine infrastructure will serve as the central base of operations for the Monogram Mesa Mine Complex. The complex encompasses several past-producing uranium and vanadium mines, including JD-5, JD-6, JD-7, JD-8, and JD-9 mines.

Mined material from JD-8 will be processed at Anfield's Shootaring Canyon mill in Utah, which the company describes as one of three licensed conventional mills in the United States.

"Promptly and thoroughly addressing all comments from both the DOE and DRMS demonstrates our team's commitment to regulatory compliance and responsible development," said CEO Corey Dias.

The JD-8 Mine was the last of the historic Cotter Corporation mines to suspend operations in 2006 due to market conditions. The restart plan employs conventional underground long-hole stoping methods with updated ventilation, ground control, and water management systems.

Anfield noted its decision to advance development is based on historical production data and drilling sample analysis, not on a feasibility study of mineral reserves demonstrating economic and technical viability, adding uncertainty and risk to the project's economics.

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