Niger: Coup brings country’s uranium resources into sharper focus

Image credit: [WikiImages]@pixabay A French nuclear fuels company which mines for uranium in Niger, says its operations are continuing in the conflict-ridden West African nation.

This comes as reports suggested that Niger, which had been hit by a military coup last week, had suspended uranium and gold exports to France.

The Orano group, in updates on July 28 and August 1, said it has been present in Niger for 50 years through three companies incorporated under Niger law.

“To date, activities at the operational sites in Arlit and at the headquarters in Niamey are continuing with an adapted organisation in the context of the curfew in place throughout Niger,” said Orano.The Group further stated that the security of all the employees in Niger as well as that of our operational sites continues to be ensured with reinforced vigilance.“Orano’s management continues to monitor the events with the utmost attention, in liaison with […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet