Goviex recieves Niger uranium exploration permit

By Dale Benton
A mineral resource company, with a specific focus on developing an African uranium portfolio, has been given a significant boost as it has received a pe...

A mineral resource company, with a specific focus on developing an African uranium portfolio, has been given a significant boost as it has received a permit for one of its flagship operations.

Goviex, a Canadian uranium producer with a number of exploration and development operations in Niger, Zambia and Mali, has received an exploration permit for its Agaliouk exploration tenement.

The Agaliouk tenement is expected to add around 11.67 million pounds of Uranium to the company’s overall Niger portfolio, as it sits adjacent to the current boundaries of its Madaoela Project.

Related stories:

Read the latest issue of Mining Global here

SSR Mining to significantly expand Seabee Gold Mining operation

Nexans to power world's largest potash mine
BHP Billiton records major milestones at Olympic Dam

 

In a resource statement, Goviex revealed that the Madaouela project is estimated to have total mineral resources of 110.76 million pounds of uranium.

GoviEx Uranium CEO Daniel Major said: “The granting of the Agaliouk exploration permit allows us to add mineral resources amenable to lower-cost, open-pit mining to the Madaouela project, which could result in prolonging the Madaouela project’s mine-life beyond that projected in the company’s 2015 integrated development plan, which has the potential to further optimise the Madaouela project’s economics.

 

 

 

Share

Featured Articles

Environmental certification for Lundin's Candelaria mine

Lundin Mining Corp has announced approval of an EIA to extend operations at the Candelaria copper mining complex in Chile

Lithium Africa and Ganfeng Lithium join hands in Africa

Lithium Africa Resources Corp. and China's Ganfeng Lithium Group Ltd. have created a 50/50 joint venture to accelerate lithium exploration and development

Mesh tech keeps Copper Mountain Mine going during outage

Rajant's Kinetic Mesh networking, BreadCrumb wireless nodes and InstaMesh networking software kept the mine safe at a critical time earlier this year

Diamond mine supports Yellowknife wildfire communities

Sustainability

Launch of China's first mining satellite developed with XCMC

Technology

Perpetua Resources to sign USA Department of Defense deal

Supply Chain & Operations