Marenica project
The Marenica project is a modest uranium resource located in the western part of Namibia in Erongo Region. Marenica contains an estimated 22,000 tU of uranium in ore grading 0.008% uranium. Marenica Minerals, which owns the rights to the resource, has put further development on hold while its majority shareholder Marenica Energy seeks to develop and market a process for extracting uranium from low-grade ore.