GoviEx to appeal cancelled uranium license in Zambia
Canada’s GoviEx Uranium Inc. (TSX-V: GXU) said on Wednesday it would appeal Zambia’s decision to terminate its Chirundu mining license. The company acquired the permit in late 2017 from African Energy Resources, and it included the Njame and Gwabe deposits. Both assets, GoviEx said, were subsequently included in the preliminary economic assessment (PEA) for the company’s Mutanga uranium project. Due to the smaller scale and higher cost nature of the two deposits, they were scheduled to be mined in the later stages of the PEA and were not included in the mine…
Read More Here