Mining News

Etango-8 PFS proves positive

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A prefeasibility study (PFS) into the Etango-8 uranium project, in Namibia, has confirmed the technical and economic viability of an eight-million-tonne-a-year operation.

ASX-listed Bannerman Resources on Monday announced that the project would require a capital investment of $274-million to support production of 3.5-million pounds a year of uranium oxide (U3O8) over a mine life of 15 years.

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