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French Nuclear Power, Areva Plans $1.40 billion Uranium Mine in Nigeria
French nuclear power group Areva will press ahead with its plan to build a 1 billion euro ($1.40 billion) uranium mine in Niger despite falling world prices for the fuel, the firm said on Friday.
Uranium Project in Nigeria : BacTech is in negotiations for a business with company group
Artemis Resources reported that it has, through its subsidiary Artemis Mining Corporation, entered into a JV agreement with Trendfield Holdings to acquire two highly prospective uranium projects in the West African nation of Niger. Under the terms of the agreement Arminco will acquire an initial interest of 49 per cent interest in the assets by [...]
Uranium Funds Points to Near-Term U3O8 Price Decline
Nuclear Market Review [NMR] editor Treva Klingbiel reported in this week’s issue, “Two sellers that were evaluating bids in response to their auctions have concluded their evaluations and have decided not to sell at this time.” She added, “Both sellers preferred to make delivery in June while most bidders were seeking delivery for several months [...]
Rising Interest in Nuclear Power Brings New Life to Uranium Mining
Firm’s Boom Helps Namibian Town, Worries Environmentalists.
This sandy little company town, with its tree-lined streets and concrete homes set amid a vast, forbidding desert, had all the signs of terminal decline just a few years back. Both banks closed. The only gas station shut off its pumps. And employable young men, realizing the bleak future [...]
