Namibia’s Uranium Output Down on Poor Weather

Reuters reported Namibia’s uranium production fell for the first 10 months in 2011 due to poor weather, but is expected to rise in 2012.

As quoted in the market news:

The southern African country produced 7.3 million lb of uranium between January and October, compared with just under 10 million lb in the same period of 2010, CIH said, citing mining ministry figures.

The ministry did not immediately respond to queries asking for the data.