Niger picks France's Areva to operate giant uranium mine: company

CIVIL NUCLEAR

by Staff Writers
Paris (AFP) Jan 5, 2009
French nuclear energy group Areva said on Monday it had been awarded a licence to operate a uranium mine in Nigerm which it described as the biggest in Africa and the second biggest in the world.

The agreement foresees Areva holding a 66.65 percent stake in the company operating the mine, with the Niger state holding the remainder.

Production is set to begin in 2012 and will enable Niger to "double its current production and become the second biggest producer of uranium in the world," a statement from Areva said.

Output is forecast to reach 5,000 tonnes per year at full capacity and continue for more than 35 years. Initial investment will total 1.2 billion euros (1.6 billion dollars), Areva said.

The biggest uranium mine in the world is in Canada, called McArthur River.

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CIVIL NUCLEAR

Japan, South Africa diplomats in running for IAEA top job

Vienna (AFP) Jan 2, 2009
Japan and South Africa's ambassadors to the UN nuclear watchdog IAEA are the two candidates to replace Director-General Mohamed ElBaradei when his term expires in November, the agency announced Friday.

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