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Langer Heinrich mine production return scheduled for 2024

Paladin Energy, a uranium firm based in Australia, revealed intentions on Thursday to fund A$215 million to reopen the Langer Heinrich uranium mine in Namibia. The equity offering will consist of a single tranche fully underwritten share placement worth A$200 million and a non-underwritten share purchase plan (SPP) worth up …

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DBSA and DBN fast-track TransNamib with N$2.6 billion

Development Bank of Namibia (DBN) and Development Bank of Southern Africa (DBSA) have confirmed a loan of about N$2.6 billion finance for TransNamib. The loan will be used for remanufacturing of rolling stock, acquisition of new rolling stock, modernisation of the TransNamib Workshop, upgrading of signalling equipment, including spares and …

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Namibia’s plan to keep uranium mines running now in full swing

Agriculture, Water, and Land Reform Minister Calle Schlettwein revealed that a feasibility study in central Erongo for a desalination plant, which will produce 70 000 m3 of water per day, has been  completed and a site has been acquired. He said this in an emailed statement recently He also said …

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