WHY CAN ROSSING URANIUM MINE KEEP MINING EVEN IN LOW PRICE CONDITIONS OF URANIUM MARKET
TAN Cheng-long (Beijing Research Institute of Uranium Geology, Beijing 100029, China)
Rossing uranium mine is the only operating uranium mine in the world where the uranium occurs in intrusive alaskite. In the past 10 years, uranium market regressed in the world, uranium production weakened, expenditures of capital for uranium exploration were insufficient . Uranium spot market price rapidly decreased from $ 111. 8/kg U in late 1970' s to $ 22. I/kg U in mid-1990' s. Why can Rossing uranium mine mined with traditional underground and open pit operation can keep running even in low price conditions of uranium market? Augumenting research on the deposit, mineral and technology, decreasing production cost and improving selling strategy can not only maintain Rossing s uranium production at present, but also ensure sustainable development in the coming 15 years. Exploration of low-costed uranium deposits is very important. However, obvious economic benefits can be obtained, as Rossing uranium mine does, by augumenting geological-economical research on the known uranium deposits of hard-rock type and by using new techniques to improve the conventional techniques in the uranium mine development.
【CateGory Index】： F416.1