Tiris tipped for 2020 start

The Tiris uranium project, in Mauritania, is still expected to start production in 2020, ASX-listed Aura Energy said, with the company currently progressing a definitive feasibility study (DFS).

A 2014 scoping study estimated that the project would require a capital investment of $45-million, based on a one-million tonne a year operation, delivering 11-million pounds of uranium over a mine-life of 15 years.