Energy

Mining Weekly reported Uranium One’s (TSX:UUU) says it unit in Tanzania will begin building its Mkuju River uranium mine.

Mining Weekly reported Uranium One’s (TSX:UUU) says it unit in Tanzania will begin building its Mkuju River uranium mine.

As quoted in the market news:

Mantra Tanzania’s managing director Asa Mwaipopo said on Wednesday the Mkuju River project in southern Tanzania had an updated resource of 119.4-million pounds of uranium.

Toronto-listed Uranium One is the operator of the Mkuju River project, which is owned by the Canadian uranium producer’s majority shareholder, Russia’s JSC Atomredmetzoloto (ARMZ).

Click here to read the full Mining Weekly report.

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