Extract to develop world’s second-biggest uranium mine


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PERTH (miningweekly.com) – ASX-listed uranium developer Extract Resources is aiming to start production at Rössing South, which would be the world’s second-largest uranium mine, in 2014, CEO Jonathan Leslie reported on Thursday.

The definitive feasibility study (DFS) for the Namibian project was likely to be delivered before the end of this year, with construction at the Rössing South project starting on the back end of 2013.

The mine had the potential to deliver up to 15-million pounds of uranium a year, Leslie told delegates at the African Downunder conference in Perth.

The project currently had an estimated indicated resource of 122,2-million tons at the zone-one deposit, with a further 118,8-million tons at the zone-two deposit.

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