Niger: GoviEx applies for Madaouela uranium mining
Thursday, 02 July 2015 11:16
GoviEx Uranium Inc, a Canadian mining company in operation on the uranium deposit in Niger announced on 30 June that it has applied for a mining permit for the Madaouela uranium, Arlit uranium mining district, in the north of Niger.
This application to the Niger government is "a decisive step in the development process" of this project, as explained by Daniel Major, CEO of GoviEx. According to its analysis, the Madaouela project could potentially supply the international market and this could be achieved when the time is right.
GoviEx Uranium has amongst its principal shareholders Cameco Corporation and Toshiba Corporation with 19.42% shareholding.
Its objective is to become a major uranium producer through the mining and sustainable development of the Madaouela project and its other uranium sites in Niger.
GoviEx Niger Holdings Ltd, its fully-owned subsidiary, has 100% of the Madaouela mining rights, a project located in the Tim Mersoi basin covering the majority of Western Niger and extending to Algeria, Mali, Benin and Nigeria.
Live News
-
Central African Republic Holds Talks with World Bank on Digital Integration Program
16:19
-
Cameroon Finalizes Financing Structure for $957M Kribi Refinery and Storage Terminal
15:57
-
Cameroon Among Four Nations Hit by UK Student Visa Ban as Britain Cites £4bn Asylum Burden
15:46
-
Nigeria Regulator Orders Power Distributors to Refund Customers for Self-Funded Meters
15:33
-
Tanzania Launches $273 Million Fuel Storage Project at Dar es Salaam Port
15:24
-
Afriland First Bank RDC Faces Mounting Losses and Possible Exit of Its Main Shareholder
11:35
-
Cameroon, UNHCR Explore Shift Toward Economic Integration for Refugees and Internally Displaced
11:01
-
Stakeholders Review Final Steps for CFA130.4 Bln Ebolowa-Akom II-Kribi Road Project
10:52
-
Flocash and Quest launch prepaid Visa card in Zimbabwe
09:39
-
Noah, NALA launch stablecoin network to speed cross-border payments into Africa
09:38
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Talks focus on CARDIP regional programme for connectivity and e-commerce Internet penetration remains low at about 12% in 2025 Central...
Cameroon plans $540 billion CFA refinery and fuel storage projects in Kribi Refinery capacity 10,000 barrels daily, rising to 30,000 by...
Project will add 378,000 cubic metres of petroleum storage capacity Expansion aims to strengthen energy security and reduce tanker...
Funding expands flood protection in Tunis, Gabès and Djerba ResCat programme now totals $175 million since 2021 The World Bank...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...
March is marked by festivals, conferences, workshops and other events celebrating women. In March 2026, a film program is dedicated to female directors...