Tenova Mining & Minerals in JV to develop Swakop Uranium’s Husab metallurgical plant
Johannesburg, South Africa - Tenova Mining & Minerals, focused on delivering total technology solutions across the mining value chain, announced today that Tenova Bateman (Sub Saharan Africa) has been awarded, in joint venture (JV) with AMEC, a reimbursable contract for the engineering, procurement and construction management (EPCM) of a uranium metallurgical Plant for Swakop Uranium’s Husab Project in Namibia. The contract was awarded by Swakop Uranium, a wholly-owned Namibian subsidiary of Taurus Minerals Limited, an entity owned by China Guangong Nuclear Power Company (CGNPC), Uranium Resources Co. Ltd. and the China-Africa Development Fund.
Situated in the Erongo region of western-central Namibia and seen as the most important uranium discovery of recent years, Husab is the largest granite-hosted uranium deposit in Namibia. Currently, it is also the third largest uranium-only deposit in the world. Swakop Uranium is developing and constructing the mine, with this deposit providing the potential to produce 15 million pounds per annum of uranium oxide (U3O8), which is more than the total current uranium production of Namibia. Elevating Namibia to the second rank on the world ladder of uranium producers, the Husab Project is also set to become the third-largest uranium mine in the world.
Based on the definitive feasibility study (DFS) for the project, Husab is being developed as a low-risk, l large-scale load- and-haul open pit mine, feeding ore to a conventional agitated acid leach process plant, based on a proven flow sheet. The reserve estimation shows that Husab has a potential mine life of more than 20 years, with uranium reserves of at least 280 million tons.
Project construction will take approximately 34 months, with the mine expected to go into first production towards the end of 2015.
Given the potential of the Husab site, Swakop Uranium is poised to become a substantial contributor to the Namibian economy and its local communities. The project will create more than 4,000 temporary jobs during construction and approximately 2,000 permanent operational job opportunities including contractors.
Swakop Uranium was established in 2006, with its focus on the potential of the uranium oxide-rich provinces of Namibia to produce uranium oxide as a source of fuel conversion, for low-cost, environmentally-friendly, nuclear power.
Tenova Bateman, a Tenova Mining & Minerals Company, manages the complete project lifecycle from concept to commissioning, maximizing the success and profitability of a project through state-of-the-art process engineering and design, and leading-edge project management systems. Comprehensive services for new process plants and brownfield upgrades cover a wide range of commodities and are tailored to both large and small projects. Tenova Bateman’s engineering and EPCM skills have been proven on some of the most exciting mineral resource projects, in the most difficult of terrains.
Tenova Mining & Minerals is a total integrated solutions provider to the global mining, bulk materials handling and minerals beneficiation and processing sectors, offering innovative technological solutions and full process and commodity knowledge across the mining industry value chain. Tenova is a worldwide supplier of advanced technologies, products, and engineering services for the iron & steel and mining industries.
AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, mining, clean energy, environment and infrastructure markets. With annual revenues of some £3.3 billion, AMEC designs, delivers and maintains strategic and complex assets and employs over 29,000 people in around 40 countries worldwide.
Tenova Mining at Swakop Uranium
Tenova Mining & Minerals in JV to develop Swakop Uranium’s Husab metallurgical plant
Johannesburg, South Africa - Tenova Mining & Minerals, focused on delivering total technology solutions across the mining value chain, announced today that Tenova Bateman (Sub Saharan Africa) has been awarded, in joint venture (JV) with AMEC, a reimbursable contract for the engineering, procurement and construction management (EPCM) of a uranium metallurgical Plant for Swakop Uranium’s Husab Project in Namibia. The contract was awarded by Swakop Uranium, a wholly-owned Namibian subsidiary of Taurus Minerals Limited, an entity owned by China Guangong Nuclear Power Company (CGNPC), Uranium Resources Co. Ltd. and the China-Africa Development Fund.
Situated in the Erongo region of western-central Namibia and seen as the most important uranium discovery of recent years, Husab is the largest granite-hosted uranium deposit in Namibia. Currently, it is also the third largest uranium-only deposit in the world. Swakop Uranium is developing and constructing the mine, with this deposit providing the potential to produce 15 million pounds per annum of uranium oxide (U3O8), which is more than the total current uranium production of Namibia. Elevating Namibia to the second rank on the world ladder of uranium producers, the Husab Project is also set to become the third-largest uranium mine in the world.
Based on the definitive feasibility study (DFS) for the project, Husab is being developed as a low-risk, l large-scale load- and-haul open pit mine, feeding ore to a conventional agitated acid leach process plant, based on a proven flow sheet. The reserve estimation shows that Husab has a potential mine life of more than 20 years, with uranium reserves of at least 280 million tons.
Project construction will take approximately 34 months, with the mine expected to go into first production towards the end of 2015.
Given the potential of the Husab site, Swakop Uranium is poised to become a substantial contributor to the Namibian economy and its local communities. The project will create more than 4,000 temporary jobs during construction and approximately 2,000 permanent operational job opportunities including contractors.
Swakop Uranium was established in 2006, with its focus on the potential of the uranium oxide-rich provinces of Namibia to produce uranium oxide as a source of fuel conversion, for low-cost, environmentally-friendly, nuclear power.
Tenova Bateman, a Tenova Mining & Minerals Company, manages the complete project lifecycle from concept to commissioning, maximizing the success and profitability of a project through state-of-the-art process engineering and design, and leading-edge project management systems. Comprehensive services for new process plants and brownfield upgrades cover a wide range of commodities and are tailored to both large and small projects. Tenova Bateman’s engineering and EPCM skills have been proven on some of the most exciting mineral resource projects, in the most difficult of terrains.
Tenova Mining & Minerals is a total integrated solutions provider to the global mining, bulk materials handling and minerals beneficiation and processing sectors, offering innovative technological solutions and full process and commodity knowledge across the mining industry value chain. Tenova is a worldwide supplier of advanced technologies, products, and engineering services for the iron & steel and mining industries.
AMEC (LSE: AMEC) is a focused supplier of consultancy, engineering and project management services to its customers in the world's oil and gas, mining, clean energy, environment and infrastructure markets. With annual revenues of some £3.3 billion, AMEC designs, delivers and maintains strategic and complex assets and employs over 29,000 people in around 40 countries worldwide.
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