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GoviEx Uranium Advances Nigerien Project
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GoviEx Uranium Advances Nigerien Project

GoviEx Uranium (TSE:GXU) has released an update.

GoviEx Uranium Inc. has announced substantial advancements in its Madaouela Uranium Project in Niger, with the initiation of Front-End Engineering Designs and initial groundwork, signaling a major leap in its development phase. The venture is set to bolster the Nigerien economy through a $343 million investment, job creation for up to 800 individuals, and significant contributions in royalties and taxes. As the project garners interest for debt financing and continues to develop, GoviEx underscores its commitment to the region’s economic and social growth.

For further insights into TSE:GXU stock, check out TipRanks’ Stock Analysis page.

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