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The latest update is out from GoviEx Uranium ( (TSE:GXU) ).
GoviEx Uranium Inc. has signed a letter of intent with the Republic of Niger to establish a roadmap for resolving a dispute over the Madaouela Uranium Project. This agreement, which follows discussions at the 2025 Mining Indaba conference, includes suspending arbitration proceedings while negotiations continue, although there is no guarantee of a definitive resolution. The Madaouela Project is significant, with substantial uranium resources and a forecasted post-tax NPV of USD 376 million, making it a critical asset for GoviEx’s future operations.
More about GoviEx Uranium
GoviEx Uranium Inc. is a mineral resource company focused on the exploration and development of uranium properties in Africa, with the principal objective of becoming a leading uranium producer.
YTD Price Performance: -11.11%
Average Trading Volume: 1,586,414
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$32.51M
Learn more about GXU stock on TipRanks’ Stock Analysis page.