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
-
Alstom to Invest $10.9 Million in Moroccan Train-Console Production Line
04:29
-
Guinea Signs MoU With Albayrak to Finance Conakry Airport Upgrade
04:26
-
Start-up Meetable Tackles Urban Isolation With Shared Meal Experiences
04:20
-
Central African Republic Launches Unified Digital Portal for All Public Services
04:18
-
IMF Clears $261 Million for Ethiopia After Fourth ECF Review
04:12
-
IUCEA and MindHYVE.ai Launch Two-Year Programme to Build Regional AI Skills
03:55
-
Daniel Katz Builds Platform to Stabilize Crypto Transactions for Merchants
03:43
-
With HireSales, Brandon Ragunanan Streamline Sales Recruitment
03:36
-
Togo’s ‘Ekpésosso’ New Year Ritual Joins UNESCO Intangible Heritage List
18:10
-
Togo Watchdogs HAAC, IPDCP Agree on Framework to Curb Personal Data Misuse by Media
18:01
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Benin says a coup attempt was foiled, crediting an army that “refused to betray its oath.” ...
Alstom announces a MAD 100 million ($10.9 million) investment to build a new production line for train-driver consoles in Morocco. The company says...
Guinea signs an MoU with Turkey’s Albayrak Group to mobilise financing for Phase II of Conakry Airport’s modernisation. The project aims to raise...
Platform aims to cut paperwork, speed processing, and centralise admin services Backed by World Bank, portal part of broader governance and...
Ethiopia expects $261 million in new IMF disbursements under its Extended Credit Facility (ECF). The IMF says the reform program delivers...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...