Boss confirms Honeymoon project will produce uranium by year-end

24th April 2023

By: Marleny Arnoldi

Deputy Editor Online


Font size: - +

Uranium miner Boss Energy says all aspects of the Honeymoon project’s construction are proceeding to plan, including delivery of critical equipment, wellfield development and the evaporation pond, ahead of first production in the December quarter.

The committed expenditure on the project now totals A$65-million, representing 62% of the total capital cost budget. The company says it is fully funded through to production, with cash on hand of A$103-million and a strategic uranium stockpile valued at A$96-million, based on current spot prices.

One outstanding item includes the most significant piece of equipment, being ion exchange columns, which will be fabricated and delivered on time. The order consists of 500 t of fibreglass custom-designed for the Honeymoon processing plant.

Additionally, all significant procurement items for three startup wellfields have been delivered and installed, with cold commissioning scheduled in June.

Excavation earthworks for the 25 000 t gypsum pond have also been completed and stand ready for lining to be installed. The lining material has been delivered to site, with the responsible contractor due to mobilise to site after April 26.

The gypsum pond has an expected operational life of five years.

Boss MD Duncan Craib says the project’s timetable was designed with the next forecast uranium bull market in mind, so the company meets it at the start.

“With the outlook for the uranium price continuing to strengthen amid growing use of nuclear power and a shift away from Russian uranium, we are positioned well as we move into the final stages of construction ahead of commissioning,” Craib adds.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online



Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...


Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (07/06/2024)
7th June 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?







sq:0.141 0.174s - 92pq - 2rq
1: United States
Subscribe Now
2: United States