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Weekly Features

Long-term improvements forecast for uranium market

By: Robyn Wilkinson     7th April 2017 Although the international uranium market has been facing tough operating conditions, new demand growth is expected later this year on the back of investment in new nuclear reactors in Russia, China and India, says data insights solutions provider GlobalData mining research director Alok Shukla. 

Preparing to keep top producer spot in S Africa

By: Robyn Wilkinson     7th April 2017 Gold producer AngloGold Ashanti has recommissioned a section of its Mine Waste Solutions operation, located in Stilfontein, in the North West, in order to maintain its current uranium production levels in anticipation of potential future upturns in the international market. 

Preparing to keep top producer spot in S Africa
MANAGING OPERATIONS The Great Noligwa mine was added to the Moab Khotsong operation in 2014, where uranium is produced as a by-product of gold production

Grade quality should determine investment in uranium

     1st April 2016 As so many uranium projects have closed or performed poorly, before starting any uranium venture, the economic fundamentals need to be ensured and, most importantly, the required uranium grade needs to be in place, stresses global energy and resource specialist Venmyn Deloitte MD Andy Clay. The... 

Grade quality should determine investment in uranium
Photo by Duane Daws
ANDY CLAY ANDY CLAY Resources are being oversold and, for specialist minerals, such as uranium, it is all about grade

Karoo uranium promising

By: Sascha Solomons     1st April 2016 Australia-based uranium miner Peninsula Energy is determined to wrap up the reserve drilling for the definitive feasibility study on its Karoo uranium projects, in Beaufort West, in the Western Cape of South Africa, which will pave the way for a mine to be built  by 2019, says Peninsula Energy MD... 

Karoo uranium promising
GUS SIMPSON The Karoo projects offer an excellent opportunity for domestic uranium supply to fuel the new reactors that are being developed under the recently announced expansion of South Africa’s nuclear power generating capacity

Watchdog claims poor public participation

By: Sascha Solomons     1st April 2016 The uranium mining industry is cause for concern and will create significant challenges for the Karoo community near Beaufort West, in the Western Cape, asserts faith-based environmental watchdog Southern African Faith  . He contends that the community has not been properly consulted by the... 

Watchdog claims poor public participation
PROVIDING INSIGHT The Southern African Faith Communities' Environment Institute is embarking on a new project to educate communities in the Karoo about uranium mining

Despite industry dip, uranium shows potential

By: Sascha Solomons     1st April 2016 Gold and uranium have some traction in the market, regardless of the general commodities slump currently draining the profits of the mining industry, metallurgical engineering company MDM Engineering business development director George Bennett tells Mining Weekly. He says that, globally, the... 

Despite industry dip, uranium shows potential
HUSAB IN NAMIBIA One of MDM Engineerings core aspects is successfully developing clients' projects

Mine control system commissioning scheduled for year-end

By: Dylan Stewart     3rd April 2015 Industrial automation and information solutions provider Rockwell Automation is to commission the primary control system for miner Swakop Uranium’s Husab mine, near Swakopmund, in Namibia, by the end of the year, says Rockwell Automation MD Barry Elliott. 

Uranium demand likely to rise

By: Dylan Stewart     3rd April 2015 Several arrows point upwards when one questions what is likely to happen to the demand for uranium, says Canada-based uranium exploration company Fission Uranium director Anthony Milewski. 

Uranium demand likely to rise
DEV RHANDAWA Although uranium is demanded by hundreds of power stations, it is sourced in too small a number of mines

US and Kazakhstan agree on removal of highly enriched uranium

     3rd April 2015 Semi-autonomous US government agency the Department of Energy’s National Nuclear Security Administration (DOE/NNSA) plans to work with Kazakhstan, Russia and the International Atomic Energy Agency (IAEA) to return about 50 kg of highly-enriched uranium (HEU) to Russia, thereby eliminating all HEU... 

Uranium-rich South Africa has noncoal emissions-reduction opportunity – consultancy

By: Dylan Stewart     3rd April 2015 Nuclear generation is likely to be the only noncoal solution that could potentially enable South Africa to reach its carbon emission reduction target, says global energy and resource specialist Venmyn Deloitte mining advisory exploration manager Andrew de Klerk, adding that South Africa hosts... 

Radioactive waste conference seeks to shape knowledge of the future

     3rd April 2015 Nearly 200 participants at the International Conference and Debate on the Preservation of Records, Knowledge and Memory of Radioactive Waste across Generations, last year agreed that future generations should be provided with knowledge and understanding of their environmental heritage. 

Nuclear projects on the rise

By: David Oliveira     4th April 2014 Despite significantly lower uranium prices, compounded by the negativity surrounding nuclear energy after the Fukushima Daiichi disaster in 2011, the number of nuclear power plants under construction has risen. This is likely to increase global demand for the commodity, says professional services... 

Nuclear projects  on the rise
Photo by Bloomberg
YELLOW CAKE While South Africa has significant reserves and some uranium projects are under way, the country has to ensure that it is market competitive

25% of Langer Heinrich Mine to be sold

     4th April 2014 TSX- and ASX-listed Paladin Energy has entered into an agreement to sell a 25% stake in the Langer Heinrich Mine (LHM) to wholly owned subsidiary of China National Nuclear Corporation (CNNC), China Uranium Corporation. The offtake component of the agreement, which was signed in January, allows... 

Drilling programmes in Athabasca basin

     4th April 2014 Canada-based resource company Fission Uranium announced in January that it had started a 90-hole winter drill and geophysical programme at its Patterson Lake South (PLS) property in the Athabasca basin, in Saskatchewan, Canada. Drilling at the high-grade uranium discovery will focus on further... 

Early investment made in Australian uranium mine

     4th April 2014 Australian uranium mine developer Toro Energy announced in February that South Africa-based investment fund RealFin Capital Partners (RealCap) has subscribed early for shares, for a second time, under the broader $10-million equity subscription investment package, or subscription agreement, which... 

Emerging uranium miner acquires Karoo uranium projects

By: David Oliveira     4th April 2014 Australia-based emerging uranium miner Peninsula Energy announced in December that it had completed its $50-million acquisition of South Africa-based nuclear company Areva Resources Southern Africa’s (Arsa’s) Karoo uranium projects. The acquisition comprises a 74% interest in 36 prospecting... 

Emerging uranium  miner acquires Karoo  uranium projects
Photo by Cumulus
CONTINUED EFFORTS Most of the work at the Karoo basin was conducted by Esso Minerals, which drilled almost 9 500 holes since the 1970s

Gold miner announces first uranium reserve

By: David Oliveira     4th April 2014 JSE- and NYSE-listed gold mining company Sibanye Gold has announced a total uranium mineral resource of 418.5-million tons, containing 68.8-million pounds of uranium, with a mineral reserve of 406-million tons containing 43.2-million pounds of uranium. The results, published in February, reflect... 

Uranium mineralisation zones discovered in SW Athabasca basin

     4th April 2014 Canada-based uranium exploration and development company NexGen Energy has announced the discovery of new uranium mineralisation zones in the first hole of the Rook 1 project’s Arrow prospect in the south-west Athabasca basin, in Saskatchewan, Canada. The first hole at Arrow, RK-14-21, was... 

Uranium mineralisation zones  discovered in SW Athabasca basin
Photo by Bloomberg
INCREASED MINERALISATION The discovery of new uranium-mineralised zones in the Athabasca basin indicates the region’s potential to become a prolific uranium district

Tanzania expected to become second-biggest uranium producer

     11th October 2013 Canadian mining company Uranium One’s Mkuju River uranium mine, located in southern Tanzania, has the potential to put Tanzania in a position to surpass Canada as the world’s second-biggest uranium producer, says Tanzania’s former commissioner for minerals Dr Dalaly Peter Kafumu. 

Company awarded JV contract for largest Namibian uranium project

By: Gia Costella     17th May 2013 Engineering, procurement and construction management services provider to the mining and minerals industry Tenova Bateman’s sub-Saharan Africa division was awarded a joint venture (JV) contract with engineering consulting and project management service provider AMEC.   

Basil Read builds road to uranium mine

By: Anine Kilian     5th April 2013 Local construction, mining, development and engineering group Basil Read reports that the building of a permanent access road for mining exploration company Swakop Uranium’s Husab uranium mine project, in Namibia, is due for completion in April 2014. The company was awarded the project in... 

BME exploring new ventures in Namibia

     5th April 2013 Local explosives provider BME reports that it has realised the potential of uranium mining in Namibian based on its involvement in several new projects, including a new site based in Arandis, 50 km from Swakopmund, in the centre of the uranium mining fields.  This has prompted the company to... 

Uranium-contaminated water may result in agriculture job losses

By: Anine Kilian     5th April 2013 Research done by North-West University has found high levels of uranium in groundwater and water used for cattle in the Wonderfonteinspruit area, in the North West. The research suggests that this is the result of pollution from acid mine drainage (AMD) caused by derelict gold mines in the area. 

Trekkopje operation’s 820 days without lost-time injury

     5th April 2013 Namibia-based Trekkopje uranium operation, situated just outside Sawkopmund, reached a milestone of 820 lost-time injury- (LTI-) free days on March 5. French public multinational industrial conglomerate Areva, which owns the 3 000 t/y mine, emphasises safety first, and aims to sustain an LTI... 

Junior uranium miners attract investors

By: Reuters     5th April 2013 After two years of mostly falling stock prices in the uranium sector, triggered by the Fukushima-Daiichi nuclear power plant meltdown in Japan, junior miners have become attractive acquisition targets as investors eye more bullish conditions ahead. The tsunami-triggered meltdown led to nuclear... 

Uranium industry strong in Southern Africa

By: Anine Kilian     5th April 2013 Growth consulting company Frost & Sullivan reports that the uranium mining industry in Southern Africa is looking buoyant, with 25 current expansion projects, valued at a combined worth of $8.65-billion, planned in the Southern Africa region, including in Namibia, South Africa and Malawi. Frost &... 

Significant uranium potential in Botswana

By: Chantelle Kotze     6th April 2012 ASX-listed uranium, nickel and gold explorer Impact Minerals asserts that Botswana is fast growing its reputation as one of the best modern-era uranium mining provinces on the African continent, owing the company’s discovery of three deposits and a new emerging discovery at its Red Hills prospect.  

Uranium-rich South Africa good environment for nuclear plants

By: Chantelle Kotze     6th April 2012 South Africa’s vast reserves of uranium and good investment environment support the establishment of new nuclear power plants throughout the country, states a report by global business intelligence provider GlobalData, called ‘South Africa Uranium Mining Market Overview and Forecast to 2020:... 

New mines needed to meet future demand

By: Chantelle Kotze     6th April 2012 In future, new mines will have to be commissioned to keep up with the global uranium demand, with sufficient uranium reserves hosted worldwide, says State-owned power utility Eskom nuclear spokesperson Tony Stott. 

Positive outcomes for Namibian uranium deposits

     6th April 2012 A strategic technical review conducted by a technical steering committee (TSC), comprising international uranium company Marenica Energy personnel and recognised independent industry experts, has concluded, from detailed mineralogical test work, that the miner’s 75%-owned Marenica deposit, in... 

Extract expects uranium supply gap by the time Husab starts production

By: Jean McKenzie     8th February 2012 Less than four years after the Husab uranium deposit in Namibia was first discovered the project was now ready for development, Extract Resources CEO Jonathan Leslie told the Investing in African Mining Indaba in Cape Town this week. Leslie said that a mining licence for an area of 110 km at the... 

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