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URANIUM
Deep Yellow submits EIAs for uranium and iron projects
 
1st November 2011
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PERTH (miningweekly.com) - Uranium developer Deep Yellow has submitted the environmental-impact assessments (EIAs) for its Inca and Tubas Red Sands areas, the two components of the Omahola project, as well as the Shiyela iron project to the Namibian Ministry of Environment and Tourism.

The Omahola project consists of the Inca and Tubas Red Sands deposits, as well as the Ongolo deposit.

Deep Yellow said on Tuesday that the EIA for the Inca deposit incorporated an environmental assessment for an openpit mine, producing uranium and iron-bearing ore of up to 2.5-million tons a year, which could result in the production of up to 2.5-million pounds of uranium oxide, depending on the project economics.

The EIA for the Tubas Red Sands deposit incorporated the environmental assessment for a shallow, dig free openpit mine producing uranium ore which would be upgraded by physical beneficiation to produce a high-grade uranium-rich concentrate past amendable to acid or alkali leaching.

The EIA for the Shiyela iron project, in turn incorporated the assessment for a mine initially producing some two-million tons a year of high quality magnetite product, which could be expanded to 7.5-million tons a year, depending on port capacity, ongoing exploration success and market economics.

Deep Yellow was currently conducting a prefeasibility study on the Omahola project, while also assessing the Shiyela deposit.


 

Edited by: Creamer Media Reporter

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