GoviEx appoints SGS Bateman for Madaouela Uranium Project FEED in Niger, a $343M project with 800 jobs and royalty payments.

GoviEx Uranium Inc. has made significant progress on its Madaouela Uranium Project in Niger, appointing SGS Bateman (Pty) Limited for Front-End Engineering Designs (FEED). The project, with a $343M initial capital expenditure, is expected to create 800 jobs over its 20-year mine life and contribute to substantial royalty payments and taxes for Niger. The company is monitoring the political situation in Niger while targeting various financing options, including $200M in debt finance.