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Floods cause production drop in Namibia’s uranium mines

Namibia Q2 uranium production down | Industrial Fuels and Power August 30th, 2011 NewsroomUranium production in Namibia decreased from 2.35mlb to 2.09mlb in the second quarter of 2011 when compared with the previous quarter.“This was largely due to adverse weather conditions, with some of the mines becoming flooded with the abnormally heavy rains seen this year,” financial group Capricorn Investment Holdings said.Namibia’s uranium is produced by Rio Tinto and Australia’s Paladin Energy.
Namibia Q2 uranium production down | Industrial Fuels and Power

September 2, 2011 - Posted by | business and costs, Namibia, Uranium

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