Mining Weekly reported that Niger wants to renegotiate its partnership terms on uranium mining with Areva, a deal which generates €100-million for the country. Niger president Mahamadou Issoufou said they are also looking to partner with other mining investors in their effort to boost their country’s economy.
As quoted in the market news:
This represents just 5% of our budget, it’s not acceptable. That’s why I have asked to re-equilibrate the terms of the deal between Areva and Niger,” he said.