Uranium Mining Plans Put on Hold

CAPE TOWN

Severely depressed uranium prices and the subsequent poor return for investors have had a hand in Peninsula Energy's decision to divest their interests in the Karoo Uranium Project (KUP). However, the Southern African Faith Communities’ Environment Institute (Safcei) and their community partners are under no illusion that uranium mining interests - which are a direct threat to the complex underground water systems, which serve as the main water source for this arid region – remain.

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