AMEC to carry out uranium studies in Namibia

4 July 2011

The international engineering and project management company, AMEC, has been awarded two definitive feasibility studies to further develop uranium projects in Namibia.

Under the first contract, AMEC Minproc has started working for Paladin Energy on a definitive feasibility study for the major Stage 4 expansion of the flagship uranium operation, Langer Heinrich. The study is targeting an overall expanded annual production of 10 million pounds and AMEC is designing and costing the main processing plant out of its Perth office. The study is expected to be complete by the end of 2011.

AMEC Minproc will also conduct a feasibility study for Bannerman Resources’ Etango uranium project, also in Namibia. The Etango project is one of the world's largest undeveloped uranium deposits, boasting a total resource of 212 million pounds of uranium oxide. The study will focus on the development of a 5-7 million pounds per annum U3O8 open-pit mining operation.

The values of the contracts have not been disclosed.


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