SWAKOPMUND – Mining operations at Rossing Uranium will not end in 2026 as was expected, but they will continue until 2036.
This follows after a feasibility study, conducted by the mine, revealed they can operate for another 10 years.
Rössing Uranium is Namibia’s first commercial uranium mine that started production in 1976.
Managing director of the mine Johan Coetzee, during a press conference on Friday, indicated that Rössing Uranium conducted a feasibility study for the extension of the mine, seeing that they were granted a 15-year mining licence in 2021.
“The objective of the feasibility study was to evaluate and document the technical, practical and economic feasibility to extend the mine’s lifespan,” he explained.
Coetzee said the board, following the completion of the bankable feasibility study, approved the life extension from 2026 to 2036 and also recommended an operating model.
“This provides Rössing with a new lease of life and translates to the continuation of various macro-economic benefits for its stakeholders. We appreciate all the support received from our board, employees and other stakeholders during the journey of extending our life of mine to 2036,” he said.