See also:
» 07.10.2010 - Niger radioactive waste given "back to EU"
» 22.08.2008 - Niger extends state of alert
» 31.07.2008 - Call for probe into Niger-China oil deal
» 31.03.2008 - Niger rebels seize village
» 07.08.2007 - Areva lost Niger’s uranium monopoly
» 05.05.2007 - Niger set to raise uranium production
» 05.03.2007 - More uranium found in Niger
» 02.05.2006 - Giant uranium concessions in Niger explored

China wholesale online through

Houlihan's coupons

Finn autentiske matoppskrifter fra hele verden på
Gazpacho Børek Kartoffelsalat Taboulé Gulasj Albóndigas Cevapi Rougaille Japrak sarma Zwiebelbrot Klopse Giouvetsi Paella Pljeskavica Pica pau Pulpo a la gallega Flammkuchen Langosj Tapenade Chatsjapuri Pasulj Lassi Kartoffelpuffer Tortilla Raznjici Knödel Lentejas Bœuf bourguignon Korianderchutney Brenneslesuppe Proia Sæbsi kavurma Sardinske calamares

Autentiske matoppskrifter fra hele verden finner du på
Réunion Portugal Aserbajdsjan Serbia Tyskland Seychellene Bosnia Spania Libanon Belgia India Kroatia Hellas Italia Ungarn Komorene Georgia Mauritius Østerrike Romania Frankrike

Economy - Development

Canadians intensify Niger uranium mining

afrol News, 4 June - Two Canada-based mining companies have joined forces to intensify their development of a total of eight uranium properties in Niger. The development is set to boost investments in these uranium properties, potentially increasing Niger's mining output.

The two Canada-based companies Northwestern Mineral Ventures and UraMin today announced they have entered into a joint venture agreement to form a new corporation that is to "advance a total of eight highly prospective uranium concessions in Niger," according to a press release. Northwestern and UraMin both receive a 50 percent equity stake in the new company.

Northwestern has a 100 percent exploration stake in the Irhazer and In Gall concessions in Niger, which have returned very high uranium values from five of 16 surface rock samples collected from outcrops. The two concessions consist of a total of 4,000 square kilometres. The company is also involved in three uranium projects in Canada silver and gold mine in Mexico.

UraMin, on the other hand, controls the six Nigerien uranium concessions Kamas 1 to 4, and Dabala 3 and 4, covering a total of 2,700 square kilometres. These four concessions are adjacent and situated along the proven Arlit fault, north of a successful uranium-producing mine.

UraMin, which was only established in 2005, has its main operation in Namibia's Trekkopje uranium project, where commercial production is planned for late 2008. The company further has mostly uranium projects ongoing in the Central African Republic, South Africa, Chad, Niger, Senegal and Mozambique, in addition to joint venture projects in Canada.

"By combining our resources in Niger we not only bring together the highly prospective license areas of both companies but we also marry Northwestern's established exploration team in Niger with UraMin's international mining team," said Stephen Dattels, Deputy Chairman of UraMin. "This is a very exciting combination and we look forward to proceeding with a major exploration program in Niger at a pace that would otherwise not have been possible."

Also Northwestern's President and CEO, Marek Kreczmer, indicates that the joint venture will lead to further investments and exploration in Niger. "We look forward to advancing exploration activities on our expanded uranium property portfolio in Niger, which is already one of the world's top uranium-producing nations," Mr Kreczmer noted.

Also Nigerien authorities are optimistic regarding increased uranium production and exports. Mohamed Ben Omar, the Minister of Communication in Niger, at a recent press conference in Paris expressed his country's intentions to raise its annual uranium production from 3,500 tones a year to at least 10,500 tonnes a year.

Poorly endowed with other natural resources, Niger gets an essential contribution to its export income from its significant uranium exports. Gold mining is currently being promoted and production of a few other minerals - including coal mined primarily for local power production - accounts for scarcely 30 percent of mining revenue. The rest is based on uranium.

The French uranium mining company Areva remains Niger's strategic partner in the exploitation of uranium, also being the main producer of Nigerien uranium.

- Create an e-mail alert for Niger news
- Create an e-mail alert for Economy - Development news

    Printable version

On the Afrol News front page now

Rwanda succeeds including citizens in formal financial sector

afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.

Famine warning: "South Sudan is imploding"

afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
Panic in West Africa after Ebola outbreak in Guinea

afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
Ethiopia tightens its already strict anti-gay laws

afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
Ethiopia plans Africa's biggest dam

afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.

front page | news | countries | archive | currencies | news alerts login | about afrol News | contact | advertise | español 

©  afrol News. Reproducing or buying afrol News' articles.

   You can contact us at