Langer Heinrich Uranium Production Up

PRODUCTION at the Langer Heinrich mine in the Erongo Region increased by 27% in the quarter ending 31 December to reach 1,3 million pounds of uranium oxide.

“Throughput for the quarter was up 24,8% from the last quarter and recovery was up by 1,8%, resulting in overall production increasing by 27% from the September quarter levels.

The process optimisation strategy continues to focus on better utilisation of existing equipment, unit operating costs, operator training and supervision and the further integration of process control,” Paladin Energy, which owns Langer said.

The company said water supply has been secured with a recent 12-month supply agreement reached with NamWater with a further one year option.

The government recently announced that it is currently in negotiations to purchase the Areva water desalination plant near Swakopmund to supply water to nearby mines and surrounding communities.

“It is expected that the acquisition of this plant will provide further stability to the longer-term water supply,” Paladin said.

Paladin said the construction of the Bi-carbonate recovery project is well aanced and remains on schedule for commissioning in the March quarter.

“As a result of reduced production in the September quarter and the current tightening of the world uranium market, the company does not intend to make up all of the lost production from the early part of the year during the remainder of 2015. The company will target production at budgeted rates for the remainder of the year, focusing on reducing operating costs and improving process efficiencies.

“As a consequence, the 2015 annual production guidance has been revised to 5,2 million pounds from 5,5 million pounds of uranium oxide, a reduction of less than 5%,” Paladin said about its production in Namibia and Malawi.

Source : The Namibian