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Oakbay Resources' business activity is the mining and exploration of mineral resources, particularly uranium, gold and coal deposits, and the beneficiation thereof. The group owns one of the most significant uranium projects in Africa which holds one of the largest uranium ore bodies in the world, as well as a world class uranium processing plant at the Shiva Uranium mine, located near Klerksdorp in the North-West Province of South Africa. The group mines and produces gold while it focuses on the development of its uranium project.
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