Properties
|
|
Namibia
 
- Population: 2.1 million.
- Capital: Windhoek.
- Country is politically stable – democratic elected government serving 5 year terms.
- Mining and Exploration: 8% of GDP; 50% of foreign exchange earnings.
- Excellent infrastructure and an established and diverse mining industry.
- 5th largest uranium producer in the world. The Namaqua Metamrphic Complex (also referred to as Namaqua Mobile Belt) forms a belt of Mesoproterozoic gneisses that extends across a significant portion of Namibia.
- Namibia is known for low grade, large uranium deposits.
- Rio Tinto’s Rossing Mine produces 7% of all uranium in the world and contributes 26% of Namibian export earnings.
- Paladin Resources’ Langer Heinrich deposit commenced production in May 2008.
- Areva is currently fast-tracking the Trekkopje Deposit a project they purchased from UraMin Inc. in 2007 for a sum of US$2.5 billion.
- Forsys Metals is the subject of a CAD$579 million take over for its 62 million pound uranium resource, with grades of 130 parts per million (PPM).
- Uranium exploration and mining is an important element of Namibia’s economy.
View Uranium in Namibia Presentation
*********************************************************
|
|
|
Paladin Resources
Langer Heinrich Uranium Mine |
|
Rossing Uranium Ltd.
Rossing Uranium Mine |
Namibia: The Uranium "Corridor" (Click to enlarge)
|
)