Letlhakane uranium mine project deferred

Glut: Global resources of uranium are said to be more than adequate to satisfy reactor requirements to well beyond 2035
Glut: Global resources of uranium are said to be more than adequate to satisfy reactor requirements to well beyond 2035

Promoters of Botswana’s first uranium mine, A-Cap Resources say the Letlhakane project will be delayed for two years largely due to the slow recovery in the price of the commodity on the international markets.

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.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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