Economics

Shiva Plans to Start Uranium Production at Dominion ‘Shortly’

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Shiva Uranium Ltd. began gold output and plans to produce uranium “shortly” at the South African Dominion mine it bought from Uranium One Inc. last year.

“We’re looking at very shortly starting up the uranium processing plant,” Jagdish Parekh, chief executive officer of Hartbeesfontein, South Africa-based Shiva said by phone from Pretoria today. The mine, near Klerksdorp in the North West province, employs between 1,600 and 1,800 people, he said.