GoviEx Uranium Says Project Unaffected by Removal of Niger President
By Robb M. Stewart
GoviEx Uranium's operations in Niger remain unaffected by the reported coup and the minerals explorer said it remains committed to ensuring its activities continue as normal at the project site and its office in capital city of Niamey.
The company in a statement said it believes in the potential of Niger and its people, and said the pro-mining country despite changes in regime has never experienced an interruption to its uranium mining activities over the last 50 years.
GoviEx has ambitions to become a significant uranium producer with the development of its flagship Madaouela project in Niger. It also operates the mine-permitted Mutanga project in Zambia and Falea project in Mali.
A group of military officers in the West African country claimed late Wednesday that they had seized power and removed President Mohamed Bazoum, who was elected in 2021.
The claim on Niger state television by coup leaders suggested a rebellion that started in the early hours of Wednesday has gained significant traction. Disgruntled presidential guards had rebelled earlier against Bazoum and encircled his residence, according to a person close to the president, The Wall Street Journal reported.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
July 27, 2023 07:51 ET (11:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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