Published on 24 March 2014

How Niamey wants to make Areva give in

How Niamey wants to make Areva give in

Like many African nations in recent years, Niger modified its mining legislation in 2006 to increase the revenue it earns from the extraction industry. But France's Areva, which has operated two uranium mines in Niger, Somair and Cominak, for 40 years, is dragging its feet on complying with the new legislation. Its mining accords to operate the two sites, signed with Niamey in 2003, ran out last Dec. 31. But up to now the two sides have failed to find common ground to renew the licenses. President Mahmadou Issoufou, who is facing elections in 2016, has a lot riding on the issue: among his electoral pledges he has vowed to increase receipts from Niger's yellowcake.

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