Govind Friedland’s Goviex Uranium to begin discussions with buyers and lenders in 2021

Govind Friedland’s Goviex Uranium to begin discussions with buyers and lenders in 2021

The son of Ivanhoe Mines boss Robert Friedland sees the increased price of uranium as the ideal moment to finally develop the Madaouela project in north-central Niger. The site is located near Cominak, one of two Orano (previously known as Areva) mines, which is soon to close.

Someone shares this article with you
            ▪ Govind Friedland’s Goviex Uranium to begin discussions with buyers and lenders in 2021

▪ The son of Ivanhoe Mines boss Robert Friedland sees the increased price of uranium as the ideal moment to finally develop the Madaouela project in north-central Niger. The site is located near Cominak, one of two Orano (previously known as Areva) mines, which is soon to close.

https://www.africabusinessplus.com/en/806289/govind-friedlands-goviex-uranium-to-begin-discussions-with-buyers-and-lenders-in-2021/

While a pound of uranium oxide stood at $14.48/lb at the end of 2016, on 30 November this year it would have set you back $29.68 – and it reached $33.93/lb over the summer. With this in mind, Goviex Uranium must be delighted that it is due, in the coming weeks, to release an updated pre-feasibility study for the project with the support of mining consultants SRK and SGS.

This article is for subscribers only. To read more, subscribe with a special offer.

You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Mines

21/12/2023 at 14h59, by Africa Business+, updated 22/12/2023

Uranium: UraMin founder Stephen Dattels takes stake in Global Atomic

The man who sold his company to Orano for €1.8 billion is now eyeing Dasa’s uranium project in Niger,...

Mines

26/01/2023 at 16h54, by Africa Business+

Uranium rise: Bannerman aims for positive investment decision in Namibia

Is yellowcake set for another price spike as seen in 2007, which saw it reach a record $140.75 per pound?

Energy

26/08/2022 at 17h26, by Africa Business+

Paladin Energy bets on rising futures in the international uranium market

The Australian yellowcake producer continued to negotiate new sales agreements with various utilities...

Mines

05/07/2022 at 17h45, by Africa Business+, updated 06/07/2022

Power Metal Resources PLC secures uranium exploration licence in Togo

The British company is embarking on a new activity in West Africa.

Mines

07/03/2022 at 16h34, by Africa Business+

Robert Friedland’s Ivanhoe Kipushi mine hits home stretch

Ivanhoe Mines juste filed an independent feasibility study and a new NI 43-101 report for the Kipushi...

Mines

09/02/2022 at 18h28, by Africa Business+

Orano Mining investigates costs of In Situ Recovery operations at Imouraren in Niger

The Imouraren mine project, which was shelved in the mid-2010s due to the low price of uranium, is attracting...

Any questions ? contact us

Please get in touch with the Africa Business+ team if you require any further information.

Email us : customer.care@africabusinessplus.com

Add AB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add AB+ on the home screen.

3. Enter the name of the shortcut and confirm.