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SMH reported Areva (EPA:AREVA) says it is suspending a mining project in the Central African Republic for “a year or two”.
SMH reported Areva (EPA:AREVA) says it is suspending a mining project in the Central African Republic for “a year or two”.
As quoted in the market news:
Work on developing the Bakouma mine, which is estimated to hold about 32,000 tonnes of uranium, has been suspended until the market value of the commodity rises again, an Areva spokesman said on Wednesday.
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