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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment Assets Held-for-sale Disclosure [Abstract]  
Property, Plant and Equipment

3. PROPERTY, PLANT AND EQUIPMENT

 

    Net Book Value of Property, Plant and Equipment at June 30, 2016
(thousands of dollars)   Turkey   Texas   New Mexico   Corporate   Total
Uranium plant   $                -   $       8,626   $                -   $               -   $            8,626
Mineral rights and properties   17,968   979   19,102   -   38,049
Other property, plant and equipment 22   1,289   -   163   1,474
     Total   $      17,990   $     10,894   $      19,102   $          163   $           48,149
                     
    Net Book Value of Property, Plant and Equipment at December 31, 2015
(thousands of dollars)   Turkey   Texas   New Mexico   Corporate   Total
Uranium plant   $                -   $       8,653   $                -   $               -   $            8,653
Mineral rights and properties   17,968   1,513   19,102   -   38,583
Other property, plant and equipment 22   1,352   -   202   1,576
     Total   $      17,990   $     11,518   $     19,102   $          202   $          48,812

 

During the quarter ended June 30, 2016, the Company recorded an impairment charge of $0.5 million on its Sejita Dome project which was the result of URI’s Board of Directors and management determining that recent exploration results indicated that the project should be terminated. As a result, the carrying value of the Sejita Dome project was written down to nil.