GoviEx operations continue despite coup in Niger

1st August 2023 By: Cameron Mackay - Creamer Media Senior Online Writer

GoviEx operations continue despite coup in Niger

GoviEx’s operations in Niger continue uninterrupted, despite the uncertainty in the country as a result of a coup

Mineral resource company GoviEx Uranium has assured shareholders that its operations in Niger continue uninterrupted, despite the uncertainty in that country as a result of a coup.

Military leaders have seized control of the country’s government and are said to be holding President Mohamed Bazoum hostage.

“Our employees are safe and continue to work diligently on our Madaouela uranium project, ensuring that our activities at both the project site and our office in the capital city of Niamey proceed without interruption.

“We are currently able to meet all of our obligations to employees and suppliers and we anticipate this stability to persist,” the company noted in a July 31 statement.

“Our commitment to developing the Madaouela project has not changed. We deeply believe in the project and are dedicated to contributing to Niger’s socioeconomic growth.

“As we navigate these uncertain times, the safety and wellbeing of our employees and the communities where we operate remain our top priority. We are vigilantly observing the situation and are prepared to adapt and respond as necessary.”

The company stresses that Niger has been a pro-mining country, and despite changes in regime, has maintained uninterrupted uranium mining activities over the last 50 years. This long-standing stability in the mining sector is a testament to the country's resilience and its commitment to development. 

“While we are dedicated to Niger, it is important to note that GoviEx is an international company with a diverse portfolio of projects.

“Our advanced mine-permitted uranium project in Zambia is also operating as normal, showcasing our global presence and operational resilience. We remain hopeful for a peaceful resolution to the current situation in Niger,” GoviEx states.