Husab, Haggan uranium mines

1. Husab mine (Namibia location owned by China Guangong Nuclear Power Company) construction is 25 percent complete and management is targeting to start pre-stripping 2014 second quarter.

The mine will have stockpiled one million tonnes run off mine by mid-2015, during which it expects to cold commission an agitated acid leach processing plant, Swakop Uranium spokesperson, Grant Marais, told The Southern Times.

Husab will ship first product in the last quarter of 2015 and gradually build up production to desired nameplate production of 15-million pounds (7500 tons) of uranium oxide in 2017, Marais said. “We are on track to start exporting our product in the last quarter of 2015.

2. Last month, French nuclear giant Areva had walked away from the Haggan project in Sweden, owned by Aura Energy (AEE). Aura has fought back over the week with MD Bob Beeson and new chairman Peter Reeve outlining a new strategy. As the company says, while Haggan may be one of the world’s largest undeveloped uranium projects (389,000 tonnes), its average grade is lower than many other deposits.

Now, it claims, a new bioleaching technology means Aura can produce at the cash cost of $US13.50/lb — lower than the cash costs at any existing uranium miner. Aura is looking for a new mining partner.

3. There are traces of uranium at Lake Jipe, located in northern Tanzania according to preliminary findings by the Tanzania Minerals Adult Agencies

The country is estimated to have a total deposit of 54 million kilograms of Uranium Oxide. It is projected to produce about 14,000 tons of uranium annually. This will generate over $249 million in royalties

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