PARIS – French nuclear energy group Areva said yesterday that it had been awarded a licence to operate the Imouraren mine in Niger which it called the most important uranium mine in Africa and the second in the world.
Areva will have a 66.65 per cent stake and Niger 33.35 per cent.
The mine will take an initial investment of 1,2 billion euros (US$1.67 billion) and will have an annual production of 5000 tonnes for a period of 35 years.
It will employ 1 400 people and start in 2010. Areva will finance two-thirds of the amount. It will make Niger the world’s second biggest uranium producer after Canada. – Nampa-Reuters
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