Namibia: The Uranium Boom

Source: allafrica.com (12/21/07)

The renewed interest in a mineral that had become uneconomical because of the dwindling prices on the international markets has seen the Ministry of Mines and Energy issuing 40 exploration licenses...so far, 18 companies are prospecting for uranium...

...The renewed interest in a mineral that had become uneconomical because of the dwindling prices on the international markets has seen the Ministry of Mines and Energy issuing 40 exploration licenses.

So far, 18 companies are prospecting for uranuim.

The ministry says the country is currently experiencing outgoing explorations, most of which could be upgraded into deposits. These include Valencia, Rössing, Langer Heinrich and Trekkokpje deposits, all in the Erongo Region.

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The Energy Report

Namibia: The Uranium Boom

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