Husab Uranium Project, Namibia

The Husab project is located about 80km East of Swakopmund in Namibia. The project covers an area of 637km² and is strategically located just South of the Rossing Uranium Mine between Rossing and the Langer Heinrich Deposit. It lies between Windhoek and Swakopmund. There are three main target areas: The Ida Dome, Rossing South and Hildenhof. Husab is being developed as a low-risk, large-scale load-and-haul openpit mine, feeding ore to a conventional agitated acid leach processing plant. Capital costs for the project are estimated at $1.48 billion, including initial mine fleet, process plant and supporting infrastructure. Inclusive of prestrip and other preproduction operating costs of $179 million, the overall project cost is estimated at $2 billion. An estimated $120 million will be spent on infrastructure.