FM reported the uranium market is set to rise as demand for alternative energy resources increases globally.
As quoted in the market news:
According to International Atomic Energy Agency (IAEA) statistics, in 2009 SA had the world’s fourth-largest reserves of uranium but was only the 10th- largest producer. Namibia, with the ninth-largest reserves, was the fourth-biggest producer. Several of its more explored deposits have recently attracted interest from Chinese investors.