ASX-listed Marenica Energy and fellow-listed Deep Yellow have inked a technology licence agreement that will see Marenica provide its U-pgrade technology to develop the Tumas uranium project, in Namibia. Marenica’s U-pgrade technology could potentially deliver significant project and operating cost savings at Tumas, and the two parties have agreed to …
Read More »Namibian uranium miner offers to sell water desalination plant to govt for $200m
Namibian uranium miner Areva Resources Namibia has offered to sell its private 26-million cubic metres water plant to the Namibian government for $200-million (N$3.1-billion) to mitigate a nationwide water crisis that has hit cities and the mining industry hard. Areva Resources Namibian MD Hilifa Mbako told journalists that the company …
Read More »Despite delay, Denison and GoviEx asset merger to create new African uranium champion
A new Africa-focused uranium champion is in the making, with the planned combination of Canadian explorers Denison Mines and GoviEx Uranium’s assets on the continent which, once completed, was expected to comprise the largest undeveloped uranium resource base in the world. Despite the partners recently announcing that closing of the …
Read More »Uranium association announces new appointments
The Namibian Uranium Association (NUA) is an independent association representing the interests of all operating uranium mines, most of the uranium exploration companies and contractors associated with the industry. It is governed by a board of trustees. The purpose of the association is to promote the development of an efficient …
Read More »Further cost cutting at Langer Heinrich
Australian uranium miner and owner of the Langer Heinrich mine, Paladin recently announced that it would cut costs further following an announcement last week that it was scalling down on its capital expenditure as the mining house adapts to a low uranium spot price. Said Paladin in a statement, “these …
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