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
-
EIB Commits $80 Million to RMBV North Africa III Fund to Back Egypt’s Private Sector
19:25
-
Nathanael Yao Builds E-Commerce Platform for Abidjan’s Local Merchants
19:11
-
WattWallet Expands Digital Access to Prepaid Electricity in South Africa
19:06
-
Uganda: Essymart Digitizes Smallholder Farming
18:57
-
Okugo Uche Ayodele Bets on Remote Inspections to Cut Insurance Fraud
18:48
-
Cameroon’s power purchases from IPPs rise 17% to CFA156.1bn in 2024
18:10
-
Cameroon oil and gas investment drops to CFA169.5bn in 2023, SNH says
17:18
-
Cadyst names Stéphane Jaffret to drive Cameroon–Congo agri-food expansion
16:48
-
Spain seizes nearly 10 tons of cocaine on Cameroon-flagged vessel
16:33
-
Cameroon Plans Tax on Influencers, Content Creators as It Expands Digital Tax Base
16:20
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
EIB Global invested $80 million in RMBV North Africa III, becoming the fund’s anchor investor The fund targets more than $300 million in...
Cameroon to tax digital creators as part of broader revenue reform Tax targets income from ads, partnerships, and platform earnings Details...
SMART Zambia Institute trained 80 trainers in digital skills The program focuses on cybersecurity, digital systems, and fintech The initiative...
Standard Chartered to sell all Botswana operations, exit market entirely Sale plan expanded after buyers sought full business, not partial...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...