Namibian Uranium Mine Gets 10-Year Life Extension

uranium

“The objective of the feasibility study was to evaluate and document the technical, practical and economic feasibility to extend the mine’s lifespan,” Coetzee stated, adding, “This provides Rössing with a new lease of life and translates to the continuation of various macro-economic benefits for its stakeholders. We appreciate all the support received from our board, employees and other stakeholders during the journey of extending our life of mine to 2036.”

Serving as the southern African country’s first commercial uranium mine, having started production in 1976, and producing 2.9 million kg of triuranium octoxide (U3O8) in 2021, it was announced that work on the push-back will start this year as production continues through Phases 2 and 3, with the start of Phase 4 poised to begin in 2026.

Share This Article

Other Reads

Energy Capital & Power

Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.
X
X