uranium mining

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Africa

Niger Military Government Takes Control of Orano’s Uranium Mine

  France's Orano reported that Niger's military government has taken operational control of its Somair uranium mining subsidiary, following a coup in July 2023. And according to Al Jazeera, the company stated that the Nigerien authorities were refusing to halt production and were preventing the export of uranium, which has affected local communities and workers. The move comes after the ECOWAS imposed sanctions on Niger, halting all exports, including uranium.

today7 January, 2025

Business / Economics

Rössing hosts uranium sustainability conference

Rössing Uranium, now under the majority shareholding of China National Uranium Corporation, hosted the "Namibia Natural Uranium Sustainable Development" Conference in Windhoek on Tuesday. Johan Coetzee, Managing Director of Rössing Uranium, announced plans to extend the mine's life beyond 2036.

today19 June, 2024

Business / Economics

Josef Sheehama reacts to the decision of Bank of Namibia to keep repo rate unchanged

  By Josef Sheehama   The decision of Bank of Namibia to keep repo rate unchanged is a shocking because inflation rates is stable, and our international reserve remain strong. The policymakers try to navigate risks to inflation and the timing of when global interest rates will start to fall. I understand that the decision influences by several factors contributing to the status quo. We are aware that Namibia's currency,  […]

today14 February, 2024