Govt issues first uranium mining licence

Tuesday, September 13, 2016

Government has issued Australian mining company, A-Cap Resources with a mining licence, paving way for construction of what would be the country’s first uranium mine. In a statement, A-Cap said it has been granted a 22-year mining licence for its Letlhakane Uranium Project with construction of the mine expected to start in 2018.

“The mining licence was signed by the Minister of Minerals, Energy and Water Resources, Kitso Mokaila and takes effect from September 12, 2016. “The grant of the mining licence is a significant milestone for the company, following the project’s recent final environmental approval secured in May 2016.

“With the mining licence now granted, the company remains well funded to progress to the next stage of project optimisation works and pre-feasibility study,” read the statement.

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