Rosatom discovers new major uranium deposit in Namibia, hopes new uranium province will emerge in the country

ST. PETERSBURG. July 28 (Interfax) - Rosatom has discovered a large uranium deposit in Namibia, which gives hope for the discovery of a new uranium province in the country, Kirill Yegorov-Kirillov, Director of Mining Projects at Rosatom's Uranium One Group, said during the Geological Exploration and Mining : Russian technologies - Africa session at the Russia-Africa summit in St. Petersburg Friday.

"The Wings project in Namibia was discovered by Russian specialists. It has a similar geology to deposits in Kazakhstan. Now that we have discovered a new large uranium deposit, it gives us hope for the discovery of a new uranium province in Namibia," he said.

The discovery of new deposits of the sandstone type is also a possibility in Namibia, Botswana, Zimbabwe, Tanzania and Zambia, Yegorov-Kirillov said.

Mining at these deposits can be carried out using the in-situ leaching method, which has not been used in Africa before, he said. There is almost no effect on the surface of the earth, and further reclamation occurs naturally. The technology also makes it possible to develop poorer deposits. Today, more than 62% of the world's uranium is mined this way, Yegorov-Kirillov added.