Name of the Project Kayelekera uranium restart project. Location Karonga district, northern Malawi. Project Owner/s Uranium ...
As Kayelekera Uranium Mine prepares to reopen in September 2025, the excitement surrounding its potential for economic growth is palpable. After over a decade of dormancy, this development offers a ...
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In a significant development for Malawi's mining sector, Lotus Resources Limited has secured term sheets worth up to $38.5 million USD (approximately MWK 45 billion) to finance the restart of the ...
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Lotus Resources is on track to restart uranium production at Kayelekera third quarter of the calendar year 2025.
The new agreement, along with prior deals, secures the sale of at least 2.3mlb, and potentially up to 2.6mlb, of uranium from ...
Two Southern African banks have inked terms sheets with Lotus Resources to help pave the way for debt finance to support the restart of the Kayelekera uranium ...
Malawi is trying to bolster its mining and tourism sectors to help avoid chronic foreign exchange shortages that cripple its ...
Kayelekera, currently under care ... assuming a long-term uranium price of $90/lb. Under the plan, the life-of-mine (LoM) production target is estimated at 19.3-million pounds of triuranium ...