Mining

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.

On the same topic
Chad and Algeria sign agreement to study a 20,000 bpd refinery project Chad continues to import large volumes of refined products despite crude output...
South Africa plans to invest $121 billion in rail modernization by 2050. Freight demand exceeds current rail capacity by over 100 million tonnes...
Nigeria increases local solar panel manufacturing capacity from 120 MW to 300 MW. Authorities target import substitution and rural electrification...
Daystar Power signs deal with Olam Agri Ghana to build a 1.9 MWp rooftop solar plant. Project targets reduced reliance on grid power and diesel...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Mobile phones have become essential tools for work, education, payments and staying connected across...

EU Mandates Removable Phone Batteries. What It Means for Africa’s Device Market 
04

BOAD exits BOA Bénin and Niger, sells stakes to Sonimex BOA Bénin posts growth; BOA Niger see...

BOAD exits BOA Bénin and Niger, Sonimex takes stakes as performance diverges
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.