On Brink of Bankruptcy, Thundermist Seeks $8 Million Bailout
NIGER, MAY 1 – Niger’s military government seized majority control of the Soma�r mine from Orano, citing unfair uranium extraction and promising continued production amid rising uranium prices, up 7% this year.
8 Articles
8 Articles
France suspends military cooperation with Niger until further notice
A spokesman for the French military on Wednesday said that any cooperation with Niger in the fields of development and financial aid and military partnerships had been suspended until further notice.
France's Orano says its Niger uranium mine on verge of bankruptcy
French uranium miner Orano said on Wednesday its majority-owned joint venture with Niger, SOMAIR, is on the verge of bankruptcy as a result of export restrictions imposed by Niger's military government.
Lithium, hydrocarbons, uranium…: Critical mineral reserves in countries PM Modi visits on 5-nation tour
As the global race for resources intensifies, Prime Minister Modi’s five-nation tour signals India’s resolve to secure its economic future through strategic mineral diplomacy
Disaster Looms As French Uranium Mine in Niger Faces Bankruptcy
French nuclear fuel giant Orano’s uranium mining subsidiary in northern Niger is on the verge of bankruptcy, raising alarms over future nuclear fuel supply chains amid deepening tensions with the ruling junta, Reuters reported on Wednesday. The company cited a breakdown in talks with Niamey and the blocking of essential equipment at the border as the primary drivers of the crisis. The COMINAK mine in the Arlit region once supplied up to 30% of F…
Again, Tchiani accuses Nigeria, France, America of sponsoring terrorism in Niger - Daily Trust
The military ruler in the Republic of Niger, Gen Abdourahmane Tchiani, has again accused Nigeria of conniving with France and the U.S. to sponsor terrorism in his country. In a three-hour televised address on Radio-Télévision du Niger (RTN), over the weekend, Tchiani spoke to the Nigerien people in Hausa, Zabarma, and French, accusing Nigeria, Benin Republic, France, China, Algeria, and the United States of undermining Niger and other member sta…
On brink of bankruptcy, Thundermist seeks $8 million bailout
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