Overview
Uranium production ceased at the end of June 1999 after nearly 40 years of uninterrupted mining. The Comagnie des Mines d’Uranium de Franceville (Comuf), which is a 68% subsidiary of Cogema, France, announced that the Mounana Uranium Mine in the Haut Ogooue Province has ceased operations because reserves had been are all but depleted. Comilog, which exploits manganese nearby, will probably take over the Comuf uranium installations. However, the resources at Mikouloungou are estimated at 1.1 million tons that should see mining extended for a further year. Thereafter, production is expected to cease altogether.

As a result, Gabon’s uranium production has slumped by 60%, producing only 294 t uranium in 1999.

Organisations (2)
Comagnie des Mines d’Uranium de Franceville, Compagnie des Mines d’uranium de Franceville :[ Add More ]

Facilities (8)
Bakoudou, Belinga, Mabounie, Mikouloungou, Moanda, Mounana, Okla, Oklo Mine

Shaun Bakamoso

Greetings. I'm Shaun Bakamoso, and I'm thrilled to be your guide through the dynamic world of business news in South Africa here at mbendi.co.za. With a passion for staying informed and a keen interest in the ever-evolving landscape of business, I've dedicated myself to providing you with timely, insightful, and comprehensive coverage of the latest developments impacting the South African economy. bakamoso@gmail.com / Instagram