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Thursday, 05/01/2008 11:48:36 AM

Thursday, May 01, 2008 11:48:36 AM

Post# of 114
KAZAKH URANIUM STRATEGY STUMBLES ALONG

Thursday, May 01, 2008; Posted: 04:36 AM

ALMATY - Kazakh authorities have reiterated "plans" to become a world leader in uranium production.

Kazakhstan, apart from sitting on the world's largest untapped oil deposit off the Caspian coast, is also immensely rich in non-ferrous metal ore, including copper, gold, silver, zinc and last but not least uranium. It has the second largest reserves after Australia, with deposit volumes of class A (proven) and class B (assessed) amounting to 11.6 million tons. About two-thirds of the country's uranium is located in the northern provinces, with other fields scattered over the west, south and the east of the country.

http://www.tradingmarkets.com/.site/news/Stock%20News/1474947/

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