- The world class uranium deposits has been discovered at Paldin Energy's Langer Heinrich mine in Namibia.
The Australian uranium miner, which is also developing the Kayelekera Uranium project Malawi's northern district of Karonga, said its mining license has the largest calcrete hosted uranium deposit in the world.
Paldin Energy said that drilling results confirmed the uranium deposit as being world class.
The mining company said the overall grade at Langer Heinrich remains at 0.006% uranium oxide.
"A substantial portion of the resources are in the measured and indicated resources categories, representing 44% of the overall resources identified for Langer Heinrich and confirms the very robust nature of the deposit," announced Paladin.
The mining firm's managind director John Borshoff said there was strong expectation that these new resource estimate would significantly extend both mine-life and subsequent upgrade in production
“The Langer Heinrich deposit can now be regarded as a truly world class uranium resource,” Borshoff said.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
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