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VisitCanada's GoviEx Uranium Loses Niger Mining Rights, Shares Plunge
Jul 5, 2024, 09:19 AM
Canada's GoviEx Uranium has been stripped of its mining rights in Niger. The West African nation's military leaders withdrew the permit, leading to a significant plunge in the company's shares. GoviEx Uranium, a Canadian company, was developing a uranium project in Niger before the revocation. The company's shares dive following the announcement.
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Markets
No • 50%
Yes • 50%
Official announcements from GoviEx Uranium
Yes • 50%
No • 50%
Official announcements from GoviEx Uranium or Niger government
No • 50%
Yes • 50%
Stock market data from financial news sources
Partnership with another company • 25%
New project in Africa • 25%
No major developments • 25%
New project outside Africa • 25%
Official announcements and business news
Below current levels • 25%
Below pre-revocation levels but improved from current • 25%
Above pre-revocation levels • 25%
At pre-revocation levels • 25%
Stock market data from financial news sources
Announce withdrawal from Niger • 25%
Regain rights fully • 25%
Regain rights partially • 25%
Do not regain rights • 25%
Official announcements from GoviEx Uranium or Niger government