PINNACLE WEST CAPITAL <PNW> BUYS MINERAL RIGHTS
Pinnacle West Capital Corp said
its Malapai Resources Co units bought the mineral rights for
uranium mining on about 21,000 acres in northern Wyoming from
Westinghouns Electric Corp <WX>.
    The property is adjacent to a 34,000-acre site the company
already owns. Both facilities are at expected to be in full
operation in the early 1990s, with annual production of one to
two mln lbs of uranium concentrates, the company said.
    The new site is expected to produce about 250,000 lbs of
uranium in its first full year of production in 1988. The
adjacent property is expected to begin in 1989.
 Reuter
