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
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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