Swakop Uranium Breaks Ground on Significant Namibian Deposit

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.