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Home News

GoviEx Uranium Operations Unaffected by Reported Coup in Niger

by Myfxtools
July 30, 2023
in News
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GoviEx Uranium’s operations in Niger remain stable, despite the reported coup in the country. The minerals explorer reassures its stakeholders that it is fully committed to maintaining normal activities at its project site and office in the capital city of Niamey.

Niger’s Resilience in the Mining Sector

In a recent statement, GoviEx expressed its unwavering faith in Niger’s potential and its resilient people. It highlights how this pro-mining country has successfully overcome changes in regime without ever experiencing interruptions to its uranium mining activities over the past 50 years.

Ambitious Plans for Uranium Production

GoviEx has ambitious plans to become a significant uranium producer. The company is currently focused on the development of its flagship Madaouela project in Niger. Additionally, it operates the mine-permitted Mutanga project in Zambia and Falea project in Mali.

Coup Attempt Shakes the Nation

Late on Wednesday, a group of military officers claimed to have seized power and ousted President Mohamed Bazoum, who was elected in 2021. The announcement made by the coup leaders on Niger state television indicates that the rebellion, which began in the early hours of Wednesday, has gained significant traction. Prior to this, disgruntled presidential guards had rebelled against Bazoum, surrounding his residence.

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Tags: GoviEx UraniumMaliMining SectorNiger CoupUranium Production
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