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In May 2014, with current uranium prices not sufficient to justify mining of the deposit, the government and Areva agreed to set up a joint strategic committee which will determine when mining should start – possibly not until about 2020 or when COMINAK resources are depleted. Almost €1 billion in capital expenditure is still required, and 4 billion tonnes of ore and overburden will need ...
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· Over 50 per cent of the uranium ore extracted from Niger is used for fuelling French nuclear power plants — this is where a third of all uranium for France''s reactors comes from. Three out of four light bulbs in France are illuminated through Nigerien uranium. Many don''t even know that the impoverished mining towns of Niger are keeping the lights on in France. But the situation in Niger ...
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