Uranium - Copperbelt Katanga Mining

GoviEx Uranium Files Key Environmental Report for Muntanga Project in Zambia 1

GoviEx Uranium Advances Muntanga Project with Environmental Report Filing in Zambia TSX-V-listed GoviEx Uranium has formally submitted the Environmental and Social Impact Assessment (ESIA) report for its Muntanga uranium project in Zambia to the Zambia Environmental Management Agency (ZEMA). This follows an earlier draft ESIA submission earlier this year, which ZEMA reviewed without raising objections and subsequently requested GoviEx to proceed with the final filing. A Crucial Step in Project Development Prepared in compliance with Zambian regulations and international best practices, the ESIA is a fundamental requirement for securing an… Read More Here

International Energy Uranium

Namibia Poised to Become a Global Uranium Powerhouse by 2030

August 26, 2025August 26, 2025 Constance

Namibia Set to Export 40 Million Pounds of Uranium Annually as New Mines Drive Global Energy Supply By the end of this decade, Namibia could host six operating uranium mines, exporting nearly 40 million pounds annually to meet growing global demand for clean, reliable baseload energy. From Rössing’s historic legacy pits to the greenfield sites of Etango-8, uranium is reshaping Namibia’s desert, and the stakes have never been higher. Three advanced projects in the Erongo Region are set to expand Namibia’s uranium portfolio. Bannerman Energy’s Etango-8 project is the most… Read More Here

Corporate News Energy Uranium

GoviEx Uranium and Tombador Iron Announce Reverse Takeover Deal

August 21, 2025August 21, 2025 Constance

GoviEx Uranium Secures ASX Listing Through Reverse Takeover of Tombador Iron, Launching New Entity “Atomic Eagle” GoviEx Uranium has entered into a reverse takeover agreement with ASX-listed Tombador Iron, a deal that will create a newly listed Australian company named Atomic Eagle. Under the agreement, GoviEx shareholders will become majority owners of the restructured entity, positioning the company for accelerated uranium project development in Africa. Tombador, which previously sold its iron-ore business, currently exists as a cash-backed ASX shell with about A$10.4 million in reserves. Through a court-approved process in… Read More Here

International Energy Uranium

Paladin Energy Forecasts Strong FY2026 Growth for Namibia’s Langer Heinrich Uranium Mine

July 27, 2025July 27, 2025 Constance

Paladin Energy Forecasts 4.4M lbs Uranium Output in FY2026 as Langer Heinrich Mine Ramps Up Australia- and Canada-listed Paladin Energy has released its financial year 2026 (FY2026) guidance for the Langer Heinrich Mine (LHM) in Namibia, forecasting a significant increase in uranium production as operations shift from processing stockpiled ore to primary mined feed. The company anticipates producing between 4.0 million and 4.4 million pounds of uranium oxide (U₃O₈) and expects to sell 3.8 million to 4.2 million pounds over the fiscal year. The cost of production is projected at… Read More Here

Energy Corporate News International Uranium

Deep Yellow Progresses Namibia’s Tumas Uranium Project Amid Market Rebound and FID Delay

July 21, 2025July 21, 2025 Constance

Deep Yellow Advances Tumas Project Development Despite Delayed Investment Decision ASX-listed Deep Yellow reports continued strong progress across all key aspects of development at its flagship Tumas uranium project in Namibia, including engineering, procurement, site preparation, operational planning, and financing. The company’s decision to defer the final investment decision (FID) earlier this year has been “vindicated” by the recent surge in uranium prices, according to Managing Director and CEO John Borshoff. In April, Deep Yellow postponed its FID, citing its belief that the uranium price at the time did not… Read More Here

Mining in Zambia New Mining Projects Uranium

GoviEx Launches 2025 Field Season to Expand Uranium Resources at Zambia’s Muntanga Project

June 26, 2025June 26, 2025 Constance

GoviEx Uranium has officially launched its 2025 field season at the Muntanga uranium project in Zambia, signaling a major step forward in its goal to improve the project’s long-term economics and resource base. After four years of extensive studies culminating in a positive feasibility report—with a post-tax net present value (NPV) of $243 million—the company is expanding its exploration program. The new phase focuses on increasing resource size, extending the life-of-mine, and identifying new deposits to enhance the project’s overall scale and value. The 2025 exploration campaign includes approximately 3,500… Read More Here

International Energy Uranium

Niger to Nationalize French-Operated Somair Uranium Mine Amid Regional Shift

June 20, 2025June 20, 2025 Constance

Niger has announced plans to nationalize the Somair uranium mine, currently operated by French state-owned company Orano, as tensions between the two parties escalate following the country’s 2023 military coup. The decision is part of a broader trend across West Africa, where governments are increasingly reclaiming control over natural resources. Recent nationalizations in Mali and Burkina Faso have raised concerns among international mining companies and investors with significant financial stakes in the region. In a statement issued late Thursday, the Nigerien government accused Orano of disproportionately benefiting from Somair’s uranium… Read More Here

International Energy Uranium

Morocco Launches $100 Million Uranium Extraction Project to Strengthen Energy Sovereignty

June 19, 2025June 19, 2025 Constance

In a bold move to enhance its strategic autonomy, Morocco has unveiled a $100 million investment by URANEXT, a state-owned company affiliated with the OCP Group (Office Chérifien des Phosphates). The project focuses on extracting uranium from phosphate deposits near Jorf Lasfar—locally known as Yellow Cliff—leveraging Morocco’s vast phosphate reserves to position the country as a key player in the global uranium industry. This initiative marks a transformative leap for Moroccan industry, shifting the traditional phosphate sector toward advanced resource extraction and technological innovation. Significantly, the project is fully funded… Read More Here

Mining in Zambia Corporate News Mining Personality New Mining Projects Uranium

GoviEx Uranium Strengthens Team with New Metallurgist for Zambia’s Muntanga Project

June 3, 2025June 3, 2025 Constance

TSX-listed GoviEx Uranium has appointed Deogratias M Bukunkwe as project and commissioning metallurgist to advance development of its Muntanga uranium project in Zambia. Bukunkwe, a Zambian national, brings over 25 years of experience in process startup and operations, including senior startup roles at the Kayelekera and Langer Heinrich uranium mines. He also led operational readiness at DRA Minopex and recently served as commissioning manager for Freeport-McMoRan’s Grasberg gold and copper concentrator in Indonesia. His immediate focus will be to develop a detailed pre-commissioning framework to position Muntanga as “project-ready” for… Read More Here

International Energy Oil & Gas Uranium

Namibia Eyes Investment Rebound on Uranium, Oil, and Green Hydrogen Projects

May 22, 2025May 22, 2025 Constance

Namibia expects a strong rebound in foreign direct investment (FDI) this year following a 25% decline in 2024, driven by the restart of uranium operations and increased activity in oil exploration and green hydrogen projects. The southern African country is actively positioning itself to attract renewed capital in these strategic sectors, according to Francois van Schalkwyk of the Namibia Investment Promotion and Development Board. “Several international oil companies are continuing to invest not only in exploration but also in supporting services for future development,” he noted. “We anticipate that at… Read More Here