Kazakh exploration company “Dva Key” (2K) entered the Namibian mining market, Nikolai Kamensky, the company’s CEO, told Qazba.kz this in a conversation.
“Rosatom invited us to Namibia when they needed to resolve issues with a local uranium deposit. We recalculated the reserves there. Just last February I went there and it seems they’ll finally be granted permission to conduct pilot mining. Our deposit is complex. It contains up to 30,000 tons of uranium, but that doesn’t mean they can mine profitably. They have very low permeability there, water issues, and the process might not work at all, so we have to evaluate each case,” said the well-known Kazakh geologist, adding that his company also has projects in Zimbabwe.
It is known that “Dva Key” has been actively involved in uranium exploration in Kazakhstan in recent years. For example, sites 6 and 7 of the largest uranium deposit, Budenovskoye, were explored with its participation.
Namibia is the largest uranium producer after Kazakhstan and Canada. In 2024, it mined over 7,300 tons of uranium oxide, accounting for approximately 10% of global production. Up to 20% of China’s total uranium imports come from Namibia. Kazatomprom intended to begin exploration in this African country, and Rosatom was planning to begin mining there. In 2022, a delegation of Namibian journalists and activists visited Kazakhstan’s Karatau uranium mine to study in-situ leaching technology.
This material was generated using AI from original article in Russian.
