Madison's Khan project granted a nuclear fuels licence
Namibia's Ministry of Mines and Energy has granted permission for nuclear fuels extraction at Canada-headquartered Madison Metals' Mining Licence 86A – the same licence within Madison West that hosts the past-producing Khan copper mine and the recent discovery of high-grade uranium intrusions.
"I wish to extend my sincere gratitude to the government of Namibia for supporting mining projects for the benefit of its citizens in a calculated and sustainable manner that provides further confidence to foreign investors,” said Madison chairperson and CEO Duane Parnham.
He also thanked the company's Namibian partners for "their professionalism, friendship and unwavering support" as they worked together to systematically fast-track the Khan project back into production.
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