Imouraren uranium mine, Niger
Name and Location
Imouraren uranium mine, Niger.
Client
Areva will have a 66.65% share in the newly created mining company, with the remaining 33.35% being owned by the State of Niger.
Project Description
The project involves the construction of a uranium mine, with a yearly production of 5 000 t over a life-of-mine of 35 years.
The mine will make Niger the world’s second-largest exporter of the nuclear fuel.
Value
The project involves an initial investment of €1.2-billion.
Duration
Mining is expected to begin in 2014/15.
Latest Developments
Areva has agreed to pay the Niger government €35-million in compensation for a year-long delay in the Imouraren mine’s opening, which will postpone production at the mine to 2014 or 2015.
Areva will pay the government €16-million in 2013, €10-million in 2014 and €9-million in 2015.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Production from Imouraren is expected in 2014/15, following delays as a result of political turbulence in the country, including the kidnapping of foreign workers in September 2010 and labour disputes, which triggered strikes in 2012.
Contact Details for Project Information
Areva, tel+331 34 96 12 15, fax +331 34 96 16 54 or email press@areva.com.
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