Will A Coup In One Of The World’s Biggest Uranium Producers Squeeze Nuclear Energy?

A mineworker walks on the residual dump at a mine near Arlit, Niger, on March 8. It takes a long time to dig a mine, especially in the middle of the Sahara Desert. Just ask Bob Tait.

The Toronto-based Global Atomic Corp. where he serves as vice president of investor relations started exploring for uranium in the middle of Niger, a landlocked West African nation roughly twice the size of Texas, some 18 years ago. It took until late last year to finally start digging the mine.

The timing couldn’t have been better. Countries all over the world were announcing plans for new nuclear reactors, right as nations that already had them started seeking alternatives to Russia for buying uranium fuel after the invasion of Ukraine. By July of this year, the company finished building the access ramp to the edge of the underground ore ― putting the project, called the […]

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