Uranium

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 …

Australian-listed Pioneer Lithium (ASX:PLN) has significantly broadened its portfolio with the acquisition of two uranium projects: Skull Creek in Colorado, USA, and Warmbad in Namibia. This strategic move positions the company at the forefront of the burgeoning critical minerals sector, capitalizing on the growing demand for uranium as the world …

The In-Situ Recovery (ISR) method for the uranium mining proposed by Uranium One (Rosatom International Mining Division), to be employed in Omaheke region, Namibia, has proved its safety based on systematic observations around the globe. Leading international organisations, including the International Atomic Energy Agency (IAEA), recognize ISR as the most …

Australian diamond explorer Gibb River Diamonds has staked its claim in the heart of Africa’s uranium industry, acquiring two significant projects in Namibia. This move marks a strategic shift for the company, known for its diamond and gold exploration in Western Australia, and signifies the growing appeal of Namibia’s rich …

Canadian miner Madison Metals has unearthed promising signs of a significant uranium deposit at its Khan project in Namibia.  This exciting development occurs after a drill hole (KM5RC003) intersects strong uranium mineralization over minable widths. “This is a game-changer for Madison Metals,” enthused Duane Parnham, Executive Chairman and CEO, in …