WINDHOEK, June 23 (Xinhua) Namibia is set to develop a new 5 MW solar plant at the Trekkopje site just northeast of Arandis in the Erongo Region, from where
Scammers pretending to own mining businesses are trying to scam suppliers of heavy equipment out of hundreds of thousands. The way these scammers work looks like normal business to the unsuspecting client. Suppliers who know how mines operate however, can smell a rat from far away.
This was the case recently with a local supplier, when he was contacted through email by a person under the name of Johan pretending to represent Trekkopje Uranium Mine, requesting a quotation of a heavy-duty pump and an under-ground rock drill. His reason was their previous supplier could not stick to his commitment. The unsuspecting supplier finished the quotation and sent it back. Within a few days the supplier was contacted by the scammer, saying the quotation looks good and asked how fast the equipment will take to be delivered.
Uranium is an important metal in the energy sector. Here the Investing News Network looks at the five top uranium countries by reserves.
Uranium is an important commodity in the energy sector, and knowing the countries with the top reserves is key.
Mined uranium resources have provided fuel for nuclear power generation for more than 60 years, and today nuclear power serves 10 percent of global energy needs.
Global uranium demand is anticipated to grow in the coming years, which bodes well for future uranium prices. According to the World Nuclear Association (WNA), more than 50 nuclear reactors are under construction worldwide, and significant increases to capacity at existing plants are also planned.