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    market news

    Niger Plans to Renegotiate Uranium Terms with Areva: President

    Investing News Network
    Feb. 04, 2013 01:32PM PST
    Energy Investing

    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.

    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.

    Click here to read the full Mining Weekly report.

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