April 21, 2024
GoviEx plunges as Niger uranium project faces junta deadline
The government, which came to power in a coup last July, rules the continent’s biggest uranium producer after Namibia and has a 20% stake in Madaouela. There’s a risk the junta could revoke GoviEx’s mining permit, the company said on Friday. “The company is committed to developing the project and is working with the Niger government towards a mutually beneficial solution that complies with applicable law and protects the company’s rights,” it said in a release. “While there is no guarantee of the outcome of these discussions, GoviEx is committed to exploring all viable options.” The Vancouver-based company is trying
