Vladimir Rybkin, Head of Gohran of the Russian Federation, answered the questions put by the correspondent of Rough&Polished.
Namibia’s leading diamond producer, Namdeb revealed recently that its output for 2009 was expected to be less than half that of last year. The company said it was also experiencing lower quality ore at its land operations and would not raise production until its brownfield expansion projects materialised. Rough & Polished’s African Bureau Editor Veronica Novoselova had an interview with Namibia’s Diamond Commissioner, Kennedy Hamutenya who spoke widely on the operations of Namdeb.
The Institute for Regional Economy of the North is currently the only scientific entity in Russia called to develop scientific grounds for economic policy, development of market economy, social and economic policy and rational accommodation of productive forces and branches of the national economy in the North taking the Republic of Sakha (Yakutia) as an example. Mikhail Nikolayev, Doctor of Economics and First Deputy Director of the Institute, in his interview to Rough&Polished told about the activities of this scientific body.A-Cap Resources says it is planning to commission its uranium project in Letlhakane, Botswana in 2011.
A-Cap Resources which failed to complete drilling work at Letlhakane during the first quarter of the year is now ramping up its activities to prepare for production.
Letlhakane is estimated to contain 98 million pounds of uranium.
Botswana, which is the world’s leading diamond producer by value is set to attract a lot of international attention with its uranium, which is being sought after for nuclear power generation.
In total, 28 companies hold concessions for radioactive minerals throughout Botswana.
Uranium prices rose ten times between 2003 and 2007 - from less than USD10 per pound in 1998 to a peak of USD100 per pound in 2007.
The price had slightly declined in line with falling exploration activities worldwide and is currently forecast to end 2009 around USD70 per pound.
Mathew Nyaungwa, Rough&Polished from Namibia
Rough&Polished
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