Uranium

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 …

Building on its standing as the world’s third-largest uranium producer, Namibia is doubling down on its uranium sector with a new wave of exploration and production (E&P) activity. The nation has positioned itself as a major player in the industry with worldwide demand for nuclear energy increasing. This year’s African …

This morning, Swakop Uranium (Pty) Executive President, Mr. Irvine Simataa, along with two officials, paid a courtesy call on Ministry of  Mines and Minerals Development Permanent Secretary, Dr. Hapenga Kabeta. The discussion centered on a potential partnership to develop high-potential uranium projects in Zambia. Swakop Uranium, a Namibian mining company …

Shares in Australian uranium miner Paladin Energy Ltd. have taken a significant tumble after the company was forced to withdraw its production guidance for the 2025 fiscal year. This dramatic reversal stems from the severe disruption caused by extreme rainfall at its Langer Heinrich Mine in Namibia. The deluge, a …

Perth & Namibia: Elevate Uranium is forging ahead with its ambitious plan to construct a demonstration plant for its patented U-pgrade™ technology, a move that could redefine the economics of surficial uranium ore processing. The plant, slated for completion by mid-2025, will be deployed at the company’s Koppies project in …

Namibia’s position as a global uranium powerhouse is poised to strengthen significantly with the advancement of Bannerman Energy’s Etango project, slated to commence production in 2028. This ambitious venture will solidify Namibia’s status as a leading uranium producer, joining established operations at Rossing, Husab, and the recently revived Langer Heinrich …