LONDON (Commodity Online): Copper rich Zambia is now thinks big on uranium.

In a recent development, Zambia has said it has formed guidelines with authorization from the world’s atomic agency to stop the sale of uranium to institutions that may use it for producing dangerous weapons.

The government had also issued two licences to mining companies for the exploration of uranium. The guidelines were produced with supervision from the International Atomic Energy Agency that would be involved in all activities leading to the final stage which would be exportation.

The guidelines cover monitoring activities during exploration, mining, milling, storage, transportation, export, marketing, safety, health and environmental protection standards. Exploration licences for uranium had been granted to Denison Mines and African Energy Resources.

There are 140 large and small scale prospecting licenses which include uranium as one of the minerals to be explored. Before mining for uranium starts, a developer would be required to come up with an environmental impact assessment report and consult with local communities where the mineral would be mined. Uranium exploration in Zambia was not being done for the first time.
(Source: SteelGuru)