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Dear Stefano.Facts here, please.Where did you read this...

  1. 1,712 Posts.
    Dear Stefano.
    Facts here, please.

    Where did you read this information ?

    "Rumour has it that Rio is looking at increasing it production at Rossing in Nambibia. down to about 45% production from peak capacity!~

    Only way it can do this is by taking over one of the other 3 or 4 uranium companies in Nambibia."

    Facts:-
    Production is down at Rossing, this is due to the facts, they are clearing the upper layers of over burden away to allow mining of the higher grades, at present in the south western section of the mine.

    It could be just described as a phase in the mning operation. Nothing strange there.
    Then when completed, the mine will be producing for many more years.

    Rather interested where you found the above information.
    If a T/O was to happen, then the list would or could a number of other Companies, all within range of the milling, these could include, WME and Valencia, to name but two.

    Kind regards,
    Barry
    Disclaimer : I could be 1000% wrong and live in fear of a beating with the soggy ends of my arms !

 
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