Gibb River enters Namibia uranium sector
Australian company Gibb River Diamonds has acquired two uranium projects in Namibia, comprising six exclusive prospecting licences covering 1 828 km2.
The company, which is also developing the Ellendale diamond project and Edjudina gold project in Australia, acquired projects in the Erongo and Kunene districts of Namibia.
Erongo is one of the world’s foremost uranium-producing areas, home to assets such as Paladin’s Langer Heinrich, Deep Yellow’s Tumas deposit and Elevate Uranium’s Koppies project.
Gibb’s Erongo project currently consists of two permit applications with a combined area of 47.6 km2. The company is keen to increase its landholding in Erongo and says it is “actively seeking deals” in the area.
The Erongo permits are prospective for calcrete-palaeochannel-hosted uranium deposits. Elevate's Koppies North prospect is truncated by Gibb's permit boundary.
Gibb states that it is progressing environmental and heritage clearances to gain access for exploration and drilling on both permits and expects the process to take five to six months.
In addition, it has announced the appointment of geologist Nico Scholtz as its Namibian exploration manager.
Meanwhile, Gibb states that it continues to progress its Western Australian projects with an upcoming publication of a further alluvial resource at the Ellendale and the grant of the mining lease over the Edjudina project.
The company also notes that it has considered a number of Western Australian uranium projects, but has decided not to pursue these opportunities.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation