Namibia may scrap black ownership requirements for mining companies – minister
Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.
Good news arrived last week for moribund uranium markets and miner Cameco after Japan approved what will be the first restarts of its dormant reactor fleet.
Near-term oversupply is suppressing uranium prices but there are signs of upside movement, says Colin Healey, research analyst with Haywood Securities.