Monday, September 12, 2005

Creamer Media's Mining Weekly Online, South African Mining News :: News Today

http://www.miningweekly.co.za/?show=73713

Southern Africa is on the point of getting two new uranium mines at a time of colossal projected uranium shortfall, Mining Weekly can today exclusively report.

The first will be in Namibia and the second in Malawi. An Australian mid-capitalisation company, whose share price has rocketed by 2 000% in two years as investors clamour for uranium equity, will be building both, the Namibian prospect having been acquired for a song from a once-illustrious but now somnambulent South African has-been.

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