Russian State Atomic Energy Corporation Rosatom has applied to develop Namibia's Rossing South uranium deposit, according to conference materials issued by the Russian government on Thursday. "State Corporation Rosatom keeps on work on concluding an intergovernmental agreement on cooperation in calm nuclear energy and sent an application on developing Rossing South uranium deposit," read the document distributed ahead of talks between Prime Minister Vladimir Putin and Namibian President Hifikepunye Pohamba.Rossing is a large open ditch uranium mine, in the South-West Africa. It started operations in 1976. Earlier on Thursday, Russian President Dmitry Medvedev and his Namibian counterpart, who is in Moscow on an official visit, signed a communication on cooperation in exploration and development of Namibian uranium deposits. The document lays out opportunities for joint ventures in exploration, development and processing of uranium ore as well as uranium improvement. The memorandum is effective for five years and may be automatically extended. Rosatom head Sergei Kiriyenko said Russia would spend some $1 billion in uranium deposits in Namibia.
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