Uranium

The ASX-listed Paladin Energy has officially revised its full-year production guidance for Triuranium octoxide ($U_3O_8$) at its Langer Heinrich mine in Namibia, following a highly successful transition to full-scale mining operations. This upward adjustment comes on the back of a robust ramp-up period characterised by the efficient mobilisation of the …

Mineral endowment is no longer just a geological statistic but it is increasingly central to the continent’s employment and industrial ambitions in Africa. According to the Compendium of Africa’s Strategic Minerals 2026 released by the Africa Finance Corporation (AFC), the continent holds an estimated $29.5 trillion in mineral wealth, roughly …

Quarterly activities reported for the last quarter of the year have recorded strong progress at Etango Uranium Project. The project developers Bannerman Energy says significant developments across a range of key work streams have been achieved. Brandon Munro, Bannerman Executive Chairman said the company is advancing towards a targeted positive …

The Industrial Development Corporation of South Africa (IDC) has opened an Expression of Interest (EOI) process for the sale of its 10.2% equity stake in Rossing Uranium Limited, one of the world’s largest and longest-running open-pit uranium mines. Established in the 1970s, Rossing has been a cornerstone of global uranium …

A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S., the strategy signals a renewed push by …

Uranium miner Paladin Energy has announced a fully underwritten A$300 million equity raising to fund development of its Patterson Lake South (PLS) uranium project in Canada and support ramp-up activities at the Langer Heinrich mine in Namibia. The funding package includes a A$231 million institutional placement on the ASX, a …

Namibia’s mining industry is proving resilient in the face of a sluggish global economy, buoyed by strong performance in key commodities like uranium, gold, and copper. The sector’s stability is a bright spot amid broader economic concerns, according to the latest report from the Chamber of Mines of Namibia. Despite …

Namibia’s mining sector continues to be a driving force behind the nation’s economic resilience, with uranium and gold emerging as pivotal contributors to growth despite challenges in the diamond industry. The latest update from the Chamber of Mines for June highlights a robust performance, underpinning confidence in the country’s rich …

On 4 June 2025, Deputy Minister of Industries, Mines and Energy, Gaudentia Kronje, delivered powerful remarks at the launch of the Rössing Uranium Sustainability and Performance Report. The event celebrated the longstanding contributions of Rössing Uranium, Namibia’s longest-operating open-pit uranium mine, to the country’s development. Kronje saw the event as …

Australian uranium developer Deep Yellow has pumped the brakes on its flagship Tumas project in Namibia, announcing a deferral of the final investment decision (FID) until the clouded global uranium market shows clearer skies. The move, revealed on Tuesday, marks a further delay for the ambitious project, which had already …