Mining Weekly reported that Swakop Uranium has broken ground on what is expected to be the world’s third largest uranium deposit.
As quoted in the Mining Weekly report:
This will elevate Namibia past Niger, Australia and Canada to the second rung on the world ladder of uranium producers. The project’s 8 km uranium mineralisation has been confirmed as the highest-grade granite-hosted uranium deposit in Namibia and one of the world’s most significant discoveries in decades,” added Zheng.
To view the whole Mining Weekly report, click here.