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Forbes.com | Albidon says commercially-viable mining possible at Chirundu Uranium jv

LONDON (Thomson Financial) - Albidon Ltd. said commercially viable mining was possible at the Chirundu Uranium joint venture in Zambia as it raised the inferred resource estimate for the project.

The company said a pre-feasibility study pegged total uranium U308 at 14.0 million tonnes.

Albidon now holds a 30 percent stake in the Chirundu jv, with African Energy Resources holding the remaining 70 percent.

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