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
-
Cameroon: BEAC backs CFA52.2bn Camtel investment plan through special facility
19:31
-
Mali appoints former Barrick executive to lead new mining regulator
19:03
-
Tin Boom Continues for Emirati Investor IRH in Congo
19:00
-
Togo’s extractive revenues jump 553.8% in 2023, driven by debt-offset operations
18:18
-
Togo Launches First Comedy Training School in Aného
19:11
-
Togo Delivers Electric Vehicles To Environment Ministry, Golfe 3 Municipality
17:51
-
Togo Tax Authority Briefs Businesses On Key 2026 Budget Measures
17:32
-
Government, Business Leaders Map Power Sector Fix to Lift Industrial Output
16:42
-
At Brazzaville Summit: CEMAC Pushes Debt Discipline and Import Substitution to Secure CFA Stability
16:41
-
Cameroon Greenlights FCFA 16.5bn Budget to Power Rural Livestock and Fish Value Chains
16:39
Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...
The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...
Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...
Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...
Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...
A local bank pool will finance Camtel’s CFA52.2 billion network expansion. BEAC approved CFA31.3 billion in refinancing via its special facility. The...
President Goïta named Hilaire Bebian Diarra as mining activities commissioner. The new body will oversee mining code compliance and sector...
Africa ran a $16.7 billion agricultural trade deficit in 2023. Five countries recorded net agricultural export surpluses over 2019–2023. South...
Cameroon posted the highest cotton yield in Africa at 1.54 tons per hectare. Yields were well above West Africa’s average and India’s output...
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...
Ambohimanga is a hill located about twenty kilometres northeast of Antananarivo, in Madagascar’s Central Highlands. It holds a central place in the...