sp cheap, page-22

erongo a backdoor listing of Corporate resources consultants

They have been doing work in namibia for some time look:

Back in august:

HD Fourteen Firms Want a Bite of Namibian Yellow Cake
WC 381 words
PD 26 August 2006
ET 02:07 AM
SN All Africa
SC AFNWS
LA English
CY (c) 2006 AllAfrica, All Rights Reserved
LP
Windhoek, Aug 25, 2006 (Namibia Economist/All Africa Global Media via COMTEX) --

Fourteen foreign and Namibian mining companies are currently prospecting for uranium in the country, director of mines in the Ministry of Mines and Energy, Erasmus Shivolo said this week.

TD
Namibia currently accounts for about 8% of the world annual uranium production through Rio Tinto's RA¶ssing Uranium. Shivolo said with Paladin Resources' Langer Heinrich coming on course, Namibia will account for somewhere between 12 and 14% of the world uranium production. "What we know is that there are several uranium occurrences in Namibia. We can only establish proven reserves after completing a thorough exploration programmes," said Shivolo.

The companies looking for uranium are as follows: Zimbabwean and South African registered Cheetah Minerals Exploration; Australian and South African registered Corporate Resources Consultant; Namibian and Canadian registered Etruscants Resources Namibia; Chinese-based Nam-China Minerals and Development; local company Namibia Mineral Mining Plants and Products; Canadian registered Namura Mineral Resources; Australian and Namibian registered New Mining Company; Australian and Namibian registered Philco Twenty; and local companies, Reptile Investment Four and Jaco Floris Smith.

Shivolo said the development of the uranium industry in Namibia will increase employment and contribute to export earnings. Shivolo said the ministry was not particularly concerned about local and foreign environmental groups who are opposing the development of uranium mines in the country. "Today is uranium, tomorrow it will be another mineral commodity. Sometimes it is ignorance and sometimes just pressure without noble intentions. You would appreciate that the laws require Environmental Impact Assessment as well Environmental Management Plans approved by the relevant authorities prior to starting up a mine.

"I cannot think of any reason why Namibia should not sustainable benefit from its natural resources, including uranium, particularly when the prices are favourable, the country is trying so hard to meet economic challenges and the laws are in place to safeguard the industry. I would like to know what alternate solutions those groups have to what I consider mineral development for economic development," said Shivolo.

Two weeks ago, Joseph Iita, the permanent secretary told the Economist that as far as nuclear power is concerned, Namibia reserves the right to utilise uranium for power generation in the country.


CO