2. French mining giant, Areva, developer of the Trekkopje uranium mine in Swakopmund, is adamant that full scale production, scheduled for the last quarter of 2013, will still be achieved despite prevailing low uranium prices on the world market.
The US$1 billion Trekkopje mine is expected to be one of the 10 largest uranium mines in the world. Its deposit is a very large, shallow, high tonnage, low-grade uranium deposit hosted by calcretised palaeochannels with a main mineralisation that covers an area of approximately 14km x 3km.If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks
The Trekkopje deposit is considered a technical challenge because of the very low grade uranium ore and a world first in the use of alkaline heap leaching to extract the uranium. To produce 3200 tons of uranium a year means processing 100,000 tons of ore per day.