Category: Uranium
Congolese Authorities Arrest Chinese Nationals Smuggling Gold and Cash in South Kivu
Congolese security forces made a significant arrest on Saturday, January 5, 2025, when three Chinese nationals were apprehended with 12 gold bars and $800,000 in cash in Walungu territory, South Kivu Province, near the Rwandan border. According to reports from 7 Sur 7, the individuals were traveling in an SUV when they were intercepted by…
π³πͺNiger Takes Control of Uranium Mine Amid Growing Rift with France
The diplomatic spat between Nigerβs military-led government and its former colonial power, France, has taken a dramatic turn. In a move that underscores the shifting dynamics of control over Africaβs natural resources, Nigerβs junta has seized control of the Somair uranium mine, which had been operated by the French nuclear energy company, Orano. The Somair…
French nuclear multinational Orano halts uranium output at Niger’s Arlit mine amid financial strain
Orano will suspend production at its Arlit uranium mine in northern Niger due to financial difficulties faced by its Nigerien subsidiary, SomaΓ―r. The decision comes as border closures between Niger and Benin, triggered by the July 2023 coup, have blocked all uranium exports. The Arlit uranium mine in northern Niger is operated by its local…
South Africa has highly enriched uranium, says energy minister
The country has declared to the International Atomic Energy Agency (IAEA) its reserves of nuclear material that could be used to make weapons, the Netwerk24 news portal reported, citing Minister Gwede Mantashe. The disclosure is part of a comprehensive safeguards agreement. The level of uranium enrichment is classified information, he added. The stockpile is largely…
Who will benefit from booming demand for uranium?
A scramble for uranium has developed after the Ukraine conflict and short-sighted Western sanctions on Russia exposed Europeβs dependency on Russian oil and gas, The Economist has argued. About 10% of the world’s electricity is generated from uranium in nuclear reactors. But the problem is that Kazakhstan, that boasts a close mutually-beneficial relationship with Russia,…
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