Uranium Mining News in Niger

Atomic Eagle
Atomic Eagle
AEU
Uranium
Niger

Global Atomic's $400 Million Financing Validates Atomic Eagle's Niger Terms

Atomic Eagle is preparing a fourth-quarter resource update and a first-quarter feasibility study update for its Madaouela Uranium Project in Niger. The updates will utilize a higher long-term uranium price assumption of $96/lb compared to the previous $70/lb, potentially expanding the reportable resource. The company is well-funded with $23 million in cash to meet upcoming $5 million obligations under its newly negotiated mining convention.

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Global Atomic
Global Atomic
GLO
Uranium
Niger

US backs Global Atomic’s Niger uranium mine with $414M loan

Global Atomic has received conditional support for a $414.2 million loan from the U.S. Development Finance Corporation to develop its Dasa uranium mine in Niger. The financing, which is higher than previous proposals, supports a project with a 57% IRR and a 23-year mine life, though disbursement remains contingent on resolving export and permitting conditions.

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Global Atomic Corporation
Global Atomic Corporation
GLO
Niger

Global Atomic Announces Q1 2026 Results

Global Atomic reported Q1 2026 results highlighting continued underground development at the Dasa Uranium Project and progress on the process plant. The company's Turkish zinc joint venture saw significant growth in EBITDA and net income compared to the previous year.

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Global Atomic Corporation
Global Atomic Corporation
GLO
Niger

Global Atomic Announces Q4 2025 Results

Global Atomic reported its 2025 annual results, highlighting significant development progress at the Dasa Uranium Project in Niger and profitable operations at its Turkish zinc joint venture. The company successfully completed several equity raises to fund Dasa's construction and is now seeking debt or JV financing to reach production.

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