Extract’s Husab Uranium Project Now Ready for Development

Mining Weekly reported Extract Resources (TSX:EXT,ASX:EXT) is now ready to begin development at its Husab uranium project.

As quoted in the market news:

The mine is expected to produce 15-million pounds of uranium oxide equivalent a year by 2014.

The company has defined a total resource of over 500-million pounds of uranium and a reserve update declared 320-million pounds of uranium at Husab.