By BUUMBA CHIMBULUINISTRY of Mines has reinstated the licence for GoviEx, a Canadian mineral resource company, to mine uranium in Chirundu.The reinstatement of the licence is however subject to completion of certain exploration and development milestones to advance the license towards final feasibility study.The company has therefore indicated its plans to reinvigorate the development of the Mutanga Project in Chirundu, starting with targeted resource exploration drilling later this year.Commenting on the reinstatement, GoviEx Executive Chairman, Govind Friedland, said the Zambian Government had indicated its strategy to diversify its mining industry from the heavy weighting of base metals and advancing its long-term desire to include uranium and clean baseload nuclear power as part of its economic development plans.Mr Friedland indicated that as the uranium market improved, the company planned to reinvigorate the development of the Mutanga Project starting with targeted resource exploration drilling later this year“We are very pleased and warmly welcome the decision made by […]
GOVT REINSTATES URANIUM MINING LICENCE
