AMEC awarded two key uranium studies Namibia

29/06/2011


Perth, Australia (30 June 2011) AMEC, the international engineering and project management company, has been awarded two definitive feasibility studies to further develop uranium projects in Namibia.

The value of the contracts to AMEC, which will be carried out by the company's minerals and metals business AMEC Minproc, has not been announced.

AMEC Minproc President, Malcolm Brown, said: "AMEC Minproc is delighted to be engaged in two prominent uranium projects in southern Africa.

"Uranium is a key commodity for AMEC Minproc and the nuclear industry. These contract awards give recognition to the wealth of experience held by our process engineers and project managers in the extraction of this high-demand resource."

Under the first contract, AMEC Minproc has commenced work for Paladin Energy on their definitive feasibility study for the major Stage 4 expansion of the flagship uranium operation, Langer Heinrich. The study is targeting an overall expanded annual production of 10 million pounds and AMEC is designing and costing the main processing plant out of its Perth office. The study is expected to be complete by the end of 2011.

AMEC Minproc was first involved with the Langer Heinrich project in 2004 when it carried out the definitive feasibility study and subsequently the engineering, procurement and construction management (EPCM) contract for Paladin Resources.

Under the second contract, AMEC Minproc will conduct a definitive feasibility study for Bannerman Resources' Etango uranium project, also in Namibia. The Etango project is one of the world's largest undeveloped uranium deposits, boasting a total resource of 212million pounds of uranium oxide (U3O8). The study will focus on the development of a 5-7 million pounds per annum U3O8 open-pit mining operation.

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