Neo Energy Metals to acquire two uranium, gold projects in South Africa’s Witwatersrand basin

A map indicating the location of the Beisa North and South projects A map indicating the location of the Beisa North and South projects Photo by Neo Energy Metals

Creamer Media Senior Deputy Editor Online

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Neo Uranium Resources Beisa Mine (NURB), a subsidiary of South Africa – and London-listed Neo Energy Metals (NEO), has signed a binding agreement to acquire the Beisa North and Beisa South uranium and gold projects , in the Witwatersrand basin, in Gauteng, from Sunshine Mineral Reserve.The projects comprise resources of 90.24-million pounds of triuranium octoxide (U 3 O 8 ) and 4.17-million ounces of gold and lie immediately north and south of the previous producing high-grade Beisa uranium mine and adjoin existing multimillion-ounce gold mining operations of Harmony Gold Mining Company and Sibanye-Stillwater.NEO, which also owns the Henkries uranium project , near Springbok, in South Africa ‘s Northern Cape province, says the […]

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