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Gold|Mining|PROJECT|Operations
Gold|Mining|PROJECT|Operations
gold|mining|project|operations

GoviEx assures shareholders it is unaffected by Niger’s mining sector audit

An image showing GoviEx's Madaouela project

Madaouela mine

26th January 2024

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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TSX-V-listed GoviEx Uranium has responded to recent articles published in the wider press concerning an alleged audit of the mining sector in Niger, noting that this will not affect the company.

The company says recent press reports have “inaccurately suggested that the entirety of the Niger mining sector is to be subject to a new government audit”, citing a leaked internal memo from the Ministry of Mines.

GoviEx informs that it has directly engaged with the author of the memo cited in these press reports and confirms that this initiative is a response to specific issues within the gold sector, which does not impact GoviEx – as it is focused on uranium.

“GoviEx maintains [the] necessary permits for its operations in Niger and is fully compliant with all regulatory standards. Furthermore, the company has a strong partnership with the government, reflected in their 20% interest in the company’s Madaouela project,” the company emphasises.

It adds that it remains dedicated to providing accurate and timely information to all of its stakeholders.

“The company regrets any confusion caused by the recent press coverage and is committed to ensuring such misunderstandings are promptly addressed,” the company states. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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