THE RISE OF URANIUM AND ITS POTENTIAL FOR THE NAMIBIAN …

Namibia is the third-largest producer of uranium but also holds the 7th largest resource. Rossing Uranium & Swakop Uranium are Namibia's main producers, accounting for 6,784 tonnes of Uranium production in 2021. A 200% increase in spot price means mining companies can gain increased revenue, and the government can collect …

Rössing Uranium: helping power Namibia's future | Mining …

Today, Namibia has two significant uranium mines (Rössing Uranium and Swakop Uranium) which together provide 11% of the world's uranium oxide output in 2019; in 2019 Rössing Uranium produced 3.9% of that total. The mine has a capacity of 4,500 tonnes of uranium oxide per year and, by the end of 2019, had supplied a total of …

Rössing Uranium: helping power Namibia's future | Mining …

July 15, 2020. 8 mins. How Rössing Uranium's vertical integration with China National Nuclear Corporation (CNNC) is set to transform the Namibian mining giant... Uranium …

Restarted Namibian mine transitions to commercial …

02 April 2024. Paladin Energy has announced the first commercial production from the Langer Heinrich uranium mine since operations were suspended at the Namibian …

SWAKOPURANIUM

About Us. Swakop Uranium started development of the mine in February 2013. The main part of the Husab project is the Rössing South orebody, about 5 kilometres south of the Rössing mine and 45 km northeast of Walvis Bay port. Husab plans to mine 15 million tonnes of ore per year from two separate open pits to feed a processing plant …

Uranium Mining in Namibia

The Husab Uranium Mine and the Rossing Mine are currently the only operating uranium mines in Namibia, with 5 major uranium mines currently in development. Two mining licenses have recently been granted for uranium projects: the first to Bannerman Energy for its Etango project on December 15, 2023, and the second …

Namibia Halts Russian Uranium Exploration Over …

Namibia's Uranium Institute says the mining sector in 2018 contributed about 17% of GDP, with uranium making up about 1.5%. Rosatom's subsidiary is expected to appeal Namibia's decision ...

Rosatom to Start Mining Uranium in Namibia in 2029

Namibia is known to possess around 7% of the world's uranium reserves. The state-owned corporation has expressed its commitment to job creation in the southwest African region, with direct employment opportunities for approximately 600 individuals. Additionally, the project is predicted to contribute to Namibia's GDP growth by 1-2% …

Uranium in Namibia: Yellowcake Fever

Uranium production in Namibia has increased by 25% in the last decade, despite a depressed international market. In 2018, Namibia produced 10% of uranium world production and ranked the fourth largest producer, behind Kazakhstan, Canada, and Australia.1 Namibia's uranium boom has been driven by Chinese investments

Bannerman changes board, uranium mines primed for action

This is the highest price for the yellow cake since 2008 and according to the Bank of Namibia, the uranium sector in Namibia is poised for a turnaround, with growth projected at 14,8% in 2023 and ...

Namibia: Rosatom to Mine Uranium by 2029

July 25, 2023. Russian state-owned atomic energy corporation Rosatom has announced plans to start mining uranium in Namibia by 2029. The corporation ­– through its global mining company Uranium One – plans to complete the prospecting and exploration phase of the project by 2026, dubbed the Wings project. Exploration started in 2010, with ...

Uranium Mining in Namibia

Uranium Mining in Namibia. Uranium was first discovered in the Namib Desert in 1928, however it was not until Rio Tinto acquired exploration rights in the 1960's that a number of low-grade ore ...

Namibia

Namibia is the world's fourth-largest producer of uranium oxide. The nuclear industry continues to fuel the demand for uranium. In 2018, the Husab open-pit uranium mine produced 3,028 tons of uranium oxide, making it the third-largest uranium mine in the world. Husab is owned by a subsidiary of China General Nuclear Power …

Transformational Acquisition of the Highly Prospective Engo …

Langer-Heinrich Mine: One of the largest uranium reserves in Namibia having estimated reserves of 57,000 tonnes of ore grading 0.055% uranium, with the past producing mine currently in process of ...

Paladin Energy Resumes Production at Namibian Uranium …

Australian mining company Paladin Energy has resumed production at the Langer Heinrich Uranium mine in Namibia. First ore has been fed into the mine's processing plant, with the full restart of operations 93% complete. The company aims to achieve commercial production by the end of Q1 2024. The project is supported by $150 …

The Namibian Uranium Institute | Namibian Uranium …

The Namibian Uranium Institute was established as part of the stewardship mission of the Namibian Uranium Association. The Institute is guided by respected independent scientists who serve on the Namibian Uranium Association's Scientific Committee. The main purpose of the Namibian Uranium Institute is to act as a communication hub for the ...

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The Langer Heinrich Mine in Namibia (75% owned by Paladin Energy Ltd) is well on track to be a significant player in the decarbonisation economy of the near future. Uranium concentrate production and drumming was achieved on 30 March 2024. We have secured a strong uranium offtake portfolio within a rising market. At full production, the Langer ...

Annual Review 2019

the establishment of the Namibian Uranium Institute (NUI) . Initially, a Uranium Stewardship Committee (USC) was formed in 2008 under the auspices of the Namibian Chamber of Mines, in order to promote the Namibian uranium brand and to identify and propagate appropriate best practices within the Namibian uranium industry . …

Uranium stocks melt down on new 'resources nationalism' …

The Namibian nationalisation threat is a boost for uranium aspirants in other jurisdictions, such as Boss Energy, which has vowed to resume uranium production at South Australia's Honeymoon mine ...

[PDF] Uranium mining in Namibia

Although the mine owners continue to deny the health risks associated with uranium mining, workers at mines are continuously exposed to some levels of radiation doses...In Namibia general knowledge and awareness about the nuclear industry and its complex impact on humans and the environment is negligible...Namibia therefore needs …

Uranium in Namibia

Uranium in Namibia (Updated November 2023) Namibia has significant uranium mines capable of providing 10% of world mining output. Its first commercial uranium mine began operating in 1976. There is strong government support for expanding uranium mining and … See more

Uranium One applies for exploration in Namibia

1 June 2017. Print Email. Uranium One, the international mining division Russian state nuclear corporation Rosatom's uranium mining holding Atomredmetzoloto, has filed eight applications for uranium exploration in Namibia after the lifting of the moratorium on the issuing of new licences for exploration and mining, Tass reported on 29 May.

Husab Uranium Project, Namib Desert, Namibia

The Husab uranium deposit contains a high grade of uranium hosted in a type of granites called alaskites in the Erongo region. It is located 45km from Walvis Bay, which is the main port of the country. The region contains many similar uranium mines. Husab, is however, the largest and highest grade uranium-only deposit in Namibia.

Deep Yellow Delivers Large-Scale Uranium Resources in Namibia …

Deep Yellow is a uranium development company operating in Namibia. Uranium's importance has surged due to its role in the nuclear industry, which is considered crucial in efforts to decarbonize societies. Contrary to popular belief, building nuclear power plants can be as efficient as other energy sources. As evidence, …

The Rise of Uranium and Its Potential for the Namibian …

Unbeknown to many, Namibia was the 2nd largest uranium producer in 2021, superseded only by Kazakhstan. Russia and Ukraine follow closely and are also among the top 10 world's leading uranium producers. The rising instability in the eastern region has exerted additional pressure on uranium supply, thereby accelerating further price increase. ...

The NUA | Namibian Uranium Association

The Namibian Uranium Association (NUA) is the representative body of the Namibian uranium industry. Through research and provision of factual information, the NUA supports policies that let uranium compete as an energy source appropriate for our modern society, taking into consideration the need for a low carbon footprint as provided for in the ...

The reaching impact of uranium in Namibia

Namibia's uranium deposits are located in the north-central part of the country, and mining began in the 1970s. In the last few years, several new projects have been launched to expand uranium mining in Namibia. These projects are expected to have a significant impact on the country's economy and the global uranium supply.

Brief History – Uranium | Namibian Uranium Association

a Brief history of uranium. From Stardust to the Uranium Mine. The NUI was proud to kick off our Isaac Newton Lecture series with a wonderful presentation by Professor Gustav Obermeier on the life of a Uranium atom. This two part lecture was a retrospective of the life of the universe, the solar system, humanity and, of course, Uranium deposits.

Chinese state-owned companies now control entire Namibian uranium

Both extant Namibian uranium mines now belong to Chinese state-owned companies. The third mine, Langer Heinrich, became dormant in 2017 following a decision by its Australian shareholders not to sell to a Chinese concern. In a notice to the Australian Stock Exchange and the London Stock Exchange, Rio Tinto stated this week that its …

Uranium mining brings sustainable benefits

New uranium projects will help Namibia to overcome the Covid-19 crisis and provide a sustainable basis for growth in the long term. Clearly, demand for uranium will continue to grow as new nuclear power plants are built. According to the World Nuclear Association forecast, by 2030 the global nuclear power plant capacity should increase by …