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
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...
Mines
07/04/2021 at 19h11, by Africa Business+, updated 08/04/2021
Govind Friedland of GoviEx betting on closure of Orano’s Cominak in Niger
The Executive Chairman of GoviEx, son of Robert Friedland (Ivanhoe Mines), has published an update of...
Mines
24/03/2021 at 05h02, by Africa Business+
Robert Friedland’s HPX exercises option on Sama Resource’s nickel projects in Côte d’Ivoire
Robert Friedland, the famous Canadian mining entrepreneur who is developing the giant Kamoa-Kakula copper...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : [email protected]
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.