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Article: United States: Govt Grants 25-year Uranium Licence to Canadas Forsys.
- Article from:
- TendersInfo
- Article date:
- August 28, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kavita03
THE Ministry of Mines and Energy has granted a uranium mining licence for the Valencia project near Usakos. It would be valid for 25 years, Canadian company Forsys Metals Corporation announced, as a dozen more uranium companies are queuing up at the Ministrys doors, eager to get a finger in the uranium yellow cake.
But while companies are knocking on official doors to get a slice of this powerful resource, the moratorium on exploration licences has not yet been lifted. Mining Licence No 149 is only the third licence for uranium mining issued by the Ministry after Langer Heinrich Uranium, also in the Erongo Region, received its go-ahead ...