Uranium prices give mixed signals

Paladin Energy, which will put its Langer Heinrich Mine in the Erongo Region on care and maintenance beginning next month, due to low uranium prices, expects the uranium market to undergo a fundamental restructuring in the short to medium term.

Uranium sector worries Chamber

The Chamber of Mines of Namibia says the immediate outlook for the mining sector is promising apart from the uranium sector.

Dire outlook for uranium miners

The price of uranium on the international market is expected to remain low for years to come, John Borshoff, Chief Executive Officer of Deep Yellow, one of the companies exploring for uranium in the Erongo region has said.
Mines and Energy Minister, Obeth Kandjoze, has revealed that France and India have expressed interest in developing Namibia’s uranium resources.

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