Letlhakane uranium mine project deferred
Wednesday, October 04, 2017
Glut: Global resources of uranium are said to be more than adequate to satisfy reactor requirements to well beyond 2035
Construction of the mine was expected to start in 2018 after A-Cap Resources was awarded a 22-year mining licence in September 2016.
In a statement, the Botswana Stock Exchange (BSE) listed company said the deferment has been triggered not only by the delayed recovery in uranium prices but also the implementation of a project to improve mineral recovery at Letlhakane.
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