The Rise of Uranium and Its Potential for the Namibian Economy

Uranium prices had remained low for more than a decade, following Japan’s Fukushima Daiichi nuclear power plant accident in 2011, which sparked a sharp decline in the demand for nuclear energy. However, over the past few months we have witnessed a rapid turn of fortunes in the price of uranium over a short period of time. Uranium is currently trading at $50/lb, which is a 170% increase in less than 36 months. So, what is driving this price increase, and what does it mean for our country?

Etango-8 Steering Committee Drives Bannerman Towards Production

With the guidance of a world-class Technical Steering Committee, Bannerman Mining Resources (Namibia) is nearing completion of the Definitive Feasibility Study (DFS) on its Etango-8 Uranium Project, near Swakopmund. Although Bannerman has been busy at Etango since 2006, the “Etango-8” project is a smaller development pathway for the mine that will enable uranium production sooner […]

Rössing Releases 2021 Report to Stakeholders

Rössing Uranium officially launched its 2021 report to stakeholders, on 08 June 2022. Speaking at the launch, Rössing Uranium’s managing director, Johan Coetzee said, the primary purpose of the annual stakeholder report is to communicate timely, reliable, and relevant information to inform and announce the company’s achievements and performance for the period under review. He […]

NUA at 2022 Erongo Career Fair

The Ministry of Education, Arts and Culture, in collaboration with the Namibian Uranium Association and various other stakeholders, held it’s annual career fair from the 10th – 13th May at the Swakopmund Multipurpose Centre. The Namibian Uranium Association, Rössing Uranium, Swakop Uranium, Orano Mining Namibia, Langer Heinrich Uranium and Reptile Mineral Resources and Exploration were […]