GoviEx Uranium (TSE:GXU) has released an update.
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GoviEx Uranium Inc. is actively negotiating with the Niger government to initiate mining operations at its Madaouela Project, with a deadline to start by July 3, 2024, to avoid losing their permit. The company has made significant progress on the project, which promises substantial local employment and economic benefits, including a 20-year mine life and potential creation of 800 jobs. GoviEx is also seeking financial partnerships to accelerate the project’s development.
For further insights into TSE:GXU stock, check out TipRanks’ Stock Analysis page.
