The Rise of Uranium and Its Potential for the Namibian Economy

27Jun 0

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?

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Etango-8 Steering Committee Drives Bannerman Towards Production

27Jun 0

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 […]

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Rössing Releases 2021 Report to Stakeholders

27Jun 0

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 […]

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NUA at 2022 Erongo Career Fair

27Jun 0

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 […]

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AfriTin Secures Impactful Financing Deal with Standard Bank

AfriTin Secures Impactful Financing Deal with Standard Bank Namibia

10Mar 0

Standard Bank Namibia’s Corporate and Investment Banking (CIB) division announces a five-year agreement with AfriTin Mining. The deal enables the Uis-based miner to fund the phase 1 extension of its processing plant, increasing output by 67% from 720 to 1200 tonnes per year (tpa). The phase 1 extension will be completed by the second quarter. […]

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Osino Ramps Up on ESG Performance

Osino Continues to Ramp Up its ESG Performance

10Mar 0

The Twin Hills Trust, in partnership with the Development Workshop of Namibia, supports early childhood development in Omaruru Achieving a high standard of ESG (Environmental, Social and Governance) performance is important for any successful and forward-looking company. At Osino Resources Corp., a Canadian gold exploration and development company active in Namibia, sustainability is central to […]

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Rossing Records Best Safety Performance

Rössing Uranium Records its Lowest Safety Incident Rate

10Mar 0

Rössing Uranium recorded its lowest All Injury Frequency Rate (AIFR) of 0.29 in 2021, the best performance in the history of the mine. Rössing’s manager for Health Safety Environment and Protection Services (HSE & PS), Jacklyn Mwenze, shares what this achievement means to the business. “Our goal is for every member of the workforce to […]

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Namibia Uranium Institute Practices Safe Procedures through Drills

NUI’s SPILL DRILL AT THE RAILWAY

10Mar 0

On 25 November 2021 and under the auspices of the Radiation Safety Working Group of the Namibian Uranium Association’s Uranium Institute, the Security and Emergency Services Department of Rӧssing Uranium and members of the Working Group conducted a joint emergency drill inside. As we have witnessed a number of Transnamib derailments in recent times, the […]

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