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Category: Uranium

GoviEx confirms the start of production of the Madaouela uranium mine for 2025 in Niger 1 Uranium International 

GoviEx confirms the start of production of the Madaouela uranium mine for 2025 in Niger

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In 2015, Niger granted a mining permit to GoviEx Uranium for the Madaouela project. 7 years later, the mine has still not entered into construction, in particular due to the low prices and demand observed in recent years. However, the trend has started to reverse. In Niger, Madaouela is expected to go into production in 2025, subject to obtaining financing for the construction works. This was assured by the executive chairman of GoviEx Uranium, owner of the uranium project, on the occasion of the publication on Monday, September 20 of the feasibility study.… Read More Here
Uranium Investors Await Price Rally to Revive Namibia Projects 2 Uranium 

Uranium Investors Await Price Rally to Revive Namibia Projects

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Namibia’s finance minister said uranium miners are waiting for prices to recover before reviving projects in Africa’s biggest producer of the ore, which is needed for nuclear power in a world shifting away from fossil fuels. The semi-arid southwest African nation is investing in water facilities and is planning a second desalination plant to supply mines in the dry Erongo region in anticipation of higher uranium prices attracting investors, according to Finance Minister Ipumbu Shiimi. “There are a number of uranium projects in the pipeline just waiting for the price to… Read More Here
Uranium miners ready to meet market needs, WNFC hears 3 Uranium International 

Uranium miners ready to meet market needs, WNFC hears

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“We face an unprecedented time ahead of us,” said session moderator Treva Klingbiel, president of TradeTech. “We face both incredible challenges and opportunities given where we are in the marketplace, both with the need for new nuclear and the expectations and realisation that we need it and we face a supply deficit. And also on top of that, we have outsized geopolitical events that are really overshadowing and can impact much of the nuclear fuel cycle.” Cameco President and CEO Tim Gitzel noted the 2011 accident at the Fukushima Daiichi… Read More Here
GoviEx ramps up at Mutanga, targeting feasibility study 4 Mining in Zambia New Mining Projects Uranium 

GoviEx ramps up at Mutanga, targeting feasibility study

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Canada-based GoviEx Uranium has started its 2022 field programme at its 100%-owned and mine-permitted Mutanga uranium project, in Zambia, which is planned to be developed following the company’s flagship Madaouela uranium project, in Niger. The field programme will target key aspects that will assist to progress Mutanga towards completion of a feasibility study and potential subsequent funding and construction. The planned field programme includes 15 500 m of infill drilling, with the aim to upgrade Mutanga’s Dibwe East resource from the inferred to the indicated category, extending the work completed… Read More Here
𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐔𝐑𝐀𝐍𝐈𝐔𝐌 𝐃𝐑𝐄𝐀𝐌 𝐑𝐄𝐒𝐔𝐑𝐅𝐀𝐂𝐄𝐒 𝐀𝐒 𝐏𝐑𝐈𝐂𝐄𝐒 𝐆𝐑𝐀𝐃𝐔𝐀𝐋𝐋𝐘 𝐏𝐈𝐂𝐊 𝐔𝐏 5 Uranium 

𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐔𝐑𝐀𝐍𝐈𝐔𝐌 𝐃𝐑𝐄𝐀𝐌 𝐑𝐄𝐒𝐔𝐑𝐅𝐀𝐂𝐄𝐒 𝐀𝐒 𝐏𝐑𝐈𝐂𝐄𝐒 𝐆𝐑𝐀𝐃𝐔𝐀𝐋𝐋𝐘 𝐏𝐈𝐂𝐊 𝐔𝐏

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Botswana Uranium deposits are some of the largest inthe World.– A-Cap suspended some onsite works back in 2018, due to low Uranium prices.– Work has now resumed after a positive signal from global Uranium prices. 𝑻𝒉𝒆 𝑷𝒓𝒐𝒋𝒆𝒄𝒕𝒔 | 𝑼𝒓𝒂𝒏𝒊𝒖𝒎 The Letlhakane Uranium Project is one of the world’s largest (global top 10) undeveloped Uranium Deposits. Though named Letlhakane, the project is located near Serule, adjacent to Botswana’s main North-South infrastructure corridor that includes a sealed all-weather highway (the A1 Highway), railway line and the national power grid, all of which… Read More Here
More uranium is consumed than produced and higher prices are required to support new supply: GoviEx Uranium 6 Mining in Zambia Uranium 

More uranium is consumed than produced and higher prices are required to support new supply: GoviEx Uranium

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GoviEx Uranium has explained that every year, more uranium is consumed than produced, and higher incentive prices are required to support new supply GoviEx Uranium is the developer of Mutanda Uranium mining project has indicated that it plans to start actual uranium mining in Zambia in the next five years. In a statement, the Canada listed company stated that “the mine-permitted Mutanga project in Zambia is forecast to start production in 2027 and could be the lowest capital intensive uranium project in Africa.” In its annual statement to shareholders, GoviEx… Read More Here
GoviEx encourages African uranium-producing countries to seize market opportunity 7 Mining in Zambia Uranium 

GoviEx encourages African uranium-producing countries to seize market opportunity

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The mining company GoviEx Uranium, active in Niger, Zambia and Mali, considered that the recent social unrest in Kazakhstan represents an opportunity to be seized for African uranium-producing countries. Indeed, Kazakhstan is a key player in the uranium market with 40% of the world supply. But the country is sinking into a social crisis following the riots that broke out at the start of 2022, at the risk of creating disruptions in its uranium supply chain. This type of situation may, however, encourage buyers to diversify their sources of supply, with… Read More Here
DRC: Reinforcement of security measures around Shinkolobwe, a mining site rich in uranium 8 Mining in DRC Uranium 

DRC: Reinforcement of security measures around Shinkolobwe, a mining site rich in uranium

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The work to secure the Shinkolobwe mining site located in the territory of Kambove and rich in uranium in Haut-Katanga is continuing. It is in this context that the head of the provincial executive went to the place on Tuesday to reassure himself not only of the progress of the work but also of the security around the Shinkolobwe site, 150 km from Lubumbashi.  “At this point, it must be said that we are satisfied with the work that is being done here and it also proves that the Shinkolobwe… Read More Here
GoviEx Uranium Reports Positive Drilling Results at Mutanga Project, Zambia 9 Uranium Mining in Zambia New Mining Projects 

GoviEx Uranium Reports Positive Drilling Results at Mutanga Project, Zambia

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GoviEx Uranium Inc. is pleased to announce the completion of its initial infill drilling campaign at the Dibwe East deposit in its wholly owned, mine permitted Mutanga Uranium Project in Zambia (the “Mutanga Project“) . The Mutanga Project consists of three mining permits that cover some 720km2, and contains five deposits: Dibwe, Dibwe East, Mutanga, Gwabe and Njame. Drilling highlights Mineralisation is continuous from hole to hole and section to section and shows a very close correlation to the current inferred resource interpreted ore boundaries; average reported grades, after taking… Read More Here
Uranium tops Morgan Stanley’s commodity thermometer 10 Mining in DRC International Uranium 

Uranium tops Morgan Stanley’s commodity thermometer

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While the DRC is not currently exploiting or marketing its uranium ores, this American investment bank advises its clients to bet on this strategic metal which has the most upward trend possible on the international market among the 17 commodities. of the mining industry right now around the world. Morgan Stanley has placed uranium at the top of its barometer for metals and mining commodities. Uranium has been assigned a “most bullish” trend of 17 commodities mined under the bank’s watch, mining.com reports. “Further price increases in the near term, as… Read More Here

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