By Lawrence Williams
For those unfamiliar with African geography there are two Congos – The Democratic Republic of Congo (DRC), and Republic of Congo – also known as Congo Brazzaville – or as the CEO of prospective Congo (Brazzaville) phosphate miner Cominco Resources puts it Bad Congo and Good Congo! However, such terminology is perhaps an over-simplification – a better definition might be Bad Congo and Not Quite So Bad Congo given that both have had their trials and tribulations in the near past including civil strife, Read more
U3O8 Corp. and its associate, Sulphide Resource Processing, have filed an international patent application for a two-step metallurgical process using an initial ferric iron leach followed by an acid wash that was developed for the extraction of uranium, phosphate, vanadium, rare earths and other metals at U3O8’s Berlin project in Colombia.
The method is simple and efficient according to U3O8 president and CEO Dr. Richard Spencer. “Of added note, U3O8 Corp’s patent could dovetail Read more
By Mohammad Tayseer
Jordan’s government plans to more than double fees imposed on phosphate mining to $5 from $2 a metric ton to boost government revenue, starting in the second quarter of next year, Al Arab Al Yawm reported.
The government received about 8.8 million dinars ($12.5 million) in mining fees from Jordan Phosphate Mines Co. (JOPH) last year, the Amman-based newspaper reported, Read more
By Tim Boreham
Minemakers (MAK) 24c; UCL (UCL) 29c: THE good news with yesterday’s long-awaited feasibility study on the parties’ Sandpiper marine phosphate project off the Namibian coast is that it is, well, feasible. The bad news is that at $US387 million (plus maybe $US30m for a desal plant), the project will cost more than twice as much as expected. Read more
Some commodities can make for a greener global future. For example, uranium is a low-cost, large-scale source of clean energy in the world. The vanadium redox battery can offer virtually unlimited storage capacity for the world’s new wind and solar farms. And phosphates are one of the primary nutrients for crop production globally. Uranium. Vanadium. Phosphate: Essential for the world’s growing need for clean energy and food production. And U3O8 Corp. has it covered. Read more