Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, October 15, 2019

Study Shows ‘Improved ‘Economics’ For Mine Restart :: The Independent Global Nuclear News Agency

Study Shows ‘Improved ‘Economics’ For Mine Restart :: The Independent Global Nuclear News Agency: A pre-feasibility study has shown “improved economics” for the possible restart of the Langer Heinrich Mine in Namibia, Australia-based uranium developer Paladin Energy said.



The study, which focused on “a rapid, low-capital and low-risk restart”, indicates that the initial capital needed is US$80m, including US$38m for plant repair and improvement and US$42m for working capital.

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