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.
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▪ 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.
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.
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